1624 Pala Lake Dr, Fallbrook, CA 92028
1624 Pala Lake Dr, Fallbrook, CA 92028
Property Description
Enjoy the Views from all rooms in this desirable 1-bedroom, 1-bathroom condominium located in the peaceful and scenic community of Pala Mesa Villas. Offering an exceptional 2nd level layout, this bright residence features high beamed ceilings, custom trim, doors and mouldings, an updated kitchen, dual pane vinyl windows/sliding doors, modern lighting and hardware and a stylish bathroom. Natural light beautifully highlights the comfortable living spaces and tranquil neighborhood setting which is surrounded by mature trees and picturesque views. There is an oversized detached garage and 2 community pools and spas. An ideal opportunity for a cozy primary residence, a low-maintenance getaway or a possible Airbnb investment in a fantastic North County San Diego location. Close to the freeway, hiking (Monserate Mountain Trail, located within the Monserate Mountain Preserve), great local wineries (Estate D'Iacobelli Winery, Monserate and Fallbrook Winery) with the adjacent Pala Mesa Resort offering championship golf, the Aquaterra Restaurant and a popular destination for weddings.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 3 active · 4 closed
Fallbrook · Condominium
Listed 3.4% below the median closed sale of $382,000. Price per sqft ($391) is a 11% discount to closed comps ($441).
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4122 Oak Island | Fallbrook | 1980 | 1 | 1 | 943 | 473,497 | $413 | $389,000 | 148 | 96 |
| 1620 Pala Lake | Fallbrook | 1980 | 1 | 1 | 729 | 473,497 | $494 | $359,900 | 27 | 94 |
| 1758 Pala Lake | Fallbrook | 1979 | 1 | 1 | 729 | 100,000 | $520 | $379,000 | 292 | 83 |
| Total: 3 · Average | 1.0 | 1.0 | 800.333 | 348,998 | $475.667 | $375,966.667 | 155.66666666666666 | |||
| Median | 729 | $379,000 | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1650 Pala Lake Dr. | Fallbrook | 1980 | 07/13/2026 | 1 | 1 | 943 | 0 | $385,000 | $379,000 | $402 | 0.98 | 67 | 97 |
| 4117 Oak Island Lane | Fallbrook | 1980 | 08/07/2026 | 1 | 1 | 729 | 474,461 | $399,000 | $385,000 | $528 | 0.96 | 92 | 92 |
| 4125 Pinehurst Court | Fallbrook | 1980 | 06/01/2026 | 1 | 1 | 729 | 473,557 | $344,888 | $344,888 | $473 | 1.00 | 74 | 91 |
| 1720 Pala Lake | Fallbrook | 1979 | 04/27/2026 | 1 | 1 | 1,156 | 474,709 | $418,888 | $418,000 | $362 | 1.00 | 38 | 88 |
| Total: 4 · Average | 1.0 | 1.0 | 889.25 | 474,242.333 | $381,722 | $381,722 | $441.25 | — | 67.75 | ||||
| Median | 943 | $385,000 | $385,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.