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4119 Oak Island Lane, Fallbrook, CA 92028

$585K2bd · 2ba · 1,432 sqft
Lot 11 sqft•HOA $603/mo•Condominium•
Active
•508d on market•MLS# ND-25110840

Property Description

Serene single-story home with golf course views tucked away in the desirable Pala Mesa Villas community, this rarely available Augusta model offers exceptional privacy, peaceful surroundings, and breathtaking views. This updated 2-bedroom, 2-bathroom single-level home features a beautifully remodeled kitchen and bathrooms, including a relaxing jetted tub. Enjoy the ease of an attached 1.5-car garage, perfect for your vehicle and golf cart or extra storage, and a private driveway that accommodates up to six cars, plus nearby guest parking. The home's thoughtful layout and orientation provides a secluded feel ideal for relaxing or entertaining. Step outside to your private patio and take in the lush, mature landscaping along the Pala Mesa Golf Course. The community is perfect for walking and offers access to multiple pools and spas. You'll also enjoy proximity to the golf course, clubhouse, driving range, and popular local wineries in both Fallbrook and Temecula. Quick access to I-15 makes commuting or weekend getaways a breeze. Experience the perfect blend of comfort, convenience, and private resort-style living in this beautiful golf course home.

Features & Amenities

FallbrookFeeBuilt 1980

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
7.5
Garage Spaces
1.5
Cooling
Central Air
View
Golf Course
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byPremiere Real Estate, Teresa King

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,958.08
Principal & Interest
Loan Amount
$468,000
Total Interest
$596,908
Total Payment Over 30 Years
$1,064,908
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 · 5 active · 5 closed

4119 Oak Island Lane, Fallbrook, CA 92028

Fallbrook · Fallbrook · Condominium

$585K
Affordable Tier
Beds
2
Baths
2
Sqft
1,432
Lot
10.87 ac
Year
1980
$/Sqft
$409
Pool: Yes✓
View: golf✓
Garage: 1-car✓

Listed 12.5% above the median closed sale of $520,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $585K· $409/sqft
Total list price
Closed comps
vs closed median $520K
+$65K (+12.5%)
Active comps
vs active median $535K
+$50K (+9.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $364
+$45 (+12.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1637 Pala Lake DriveFallbrook1980221,4380$375$539,00014584
1759 Pala Lake DriveFallbrook1979221,426474,368$375$534,9001283
4129 Cyprus Island CourtFallbrook1979221,308474,368$363$475,0002582
4115 Cyprus Island CourtFallbrook1979221,3080$381$499,0002881
3404 Oak Cliff DriveFallbrook1975231,67727,294$328$550,0006480
Total: 5 · Average2.02.21,431.4325,343.333$364.4$519,58054.8
Median1,426$534,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1738 Pala Lake DriveFallbrook197910/06/2026119430$324,900$270,000$2860.832583
35172 Grove TrailFallbrook202309/04/2026231,0830$520,000$520,000$4801.0011174
35246 BlossomFallbrook202306/30/2026331,6460$639,000$625,000$3800.989073
35177 Rangpur LaneFallbrook202307/09/2026331,185571,832$515,000$515,000$4351.005473
35103 Vintage CoveFallbrook202206/30/2026431,66852,283$719,980$707,000$4240.9811266
Total: 5 · Average2.62.61,305312,057.5$527,400$527,400$401—78.4
Median1,185$520,000$520,000

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.