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1620 Pala Lake, Fallbrook, CA 92028

$360K1bd · 1ba · 729 sqft
Lot 11 sqft•HOA $603/mo•Condominium•
Active
•13d on market•MLS# SW-26213927

Property Description

Welcome to this beautifully appointed 1-bedroom, 1-bath condo in the heart of Fallbrook, offering breathtaking mountain and golf course views from its desirable second-floor location. With 729 square feet of thoughtfully designed living space, this home features an open and inviting floor plan with beautiful flooring, soaring ceilings, and an abundance of natural light. The spacious living room and bedroom each provide direct access to the private balcony, creating a seamless indoor-outdoor feel and the perfect spot to enjoy your morning coffee, unwind after a long day, or take in the peaceful golf course and surrounding mountain scenery. Additional highlights include a private garage, convenient community pool and spa, and easy freeway access. Surrounded by incredible wineries in both Temecula and Fallbrook, there are endless options. Also ideally located near Camp Pendleton, this home offers a wonderful combination of comfort, convenience, and Southern California lifestyle. Whether you're looking for a full-time residence, weekend retreat, or investment opportunity, this charming Fallbrook condo is ready to welcome you home.

Features & Amenities

FallbrookFeeBuilt 1980

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Golf Course, Hills, Mountain(s), Panoramic, Trees/Woods
Flooring
Vinyl
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byAbundance Real Estate, Tyler Bishop

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,819.85
Principal & Interest
Loan Amount
$287,920
Total Interest
$367,226
Total Payment Over 30 Years
$655,146
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Fallbrook

This property is located in Fallbrook, a community in Fallbrook. Explore more listings in this neighborhood to compare options and pricing.

View Fallbrook Listings

Comparative Market Analysis

Affordable Tier · 3 active · 3 closed

1620 Pala Lake, Fallbrook, CA 92028

Fallbrook · Fallbrook · Condominium

$360K
Affordable Tier
Beds
1
Baths
1
Sqft
729
Lot
10.87 ac
Year
1980
$/Sqft
$494
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 1-car✓

Listed 7.4% above the median closed sale of $335,000. Price per sqft ($494) is a 25% premium to closed comps ($396). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $360K· $494/sqft
Total list price
Closed comps
vs closed median $335K
+$25K (+7.4%)
Active comps
vs active median $379K
−$19K (−5.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $463
+$31 (+6.8%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1758 Pala LakeFallbrook197911729100,000$520$379,00027589
868 AlvaradoFallbrook1980217800$455$355,0008086
4122 Oak IslandFallbrook198011943473,497$413$389,00013175
Total: 3 · Average1.31.0817.333286,748.5$462.667$374,333.333162
Median780$379,000

Closed Properties (3)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4125 Pinehurst CourtFallbrook198006/01/202611729473,557$344,888$344,888$4731.007394
1738 Pala Lake DriveFallbrook197910/06/2026119430$324,900$270,000$2860.832589
868 Alvarado StreetFallbrook198005/20/202621780146,965$335,000$335,000$4291.008982
Total: 3 · Average1.31.0817.333310,261$316,629.333$316,629.333$396—62.333333333333336
Median780$335,000$335,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.