
2542 Los Cerritos Lane, Fallbrook, CA 92028
2542 Los Cerritos Lane, Fallbrook, CA 92028
Property Description
The most unique condo on the market in North County San Diego! This distinctive 2-bedroom, 2-bathroom condo offers 1,389 sq. ft. of character, panoramic views and an extraordinary setting within an intimate six-unit community. Tranquil hillside views stretch across the living and dining areas, kitchen, and primary bedroom with gorgeous sunsets providing a beautiful backdrop to everyday living. Inside rich cherry wood flooring flows throughout the home, paired with distinctive amber glass entryway windows that add warmth and character. The kitchen features an owned Culligan water softener and under-sink filtered water system. The primary suite offers a remodeled bathroom, built-in wood dresser, custom quartz dressing table and unique capiz shell lighting fixtures. Step outside to a spacious patio where panoramic views invite slow mornings and sunset evenings. While a second, large covered side patio offers a versatile space for entertaining, outdoor dining or creating your own private retreat. What truly sets this property apart is the surrounding community. Approximately seven acres of shared green space feature an impressive variety of mature trees including avocado, macadamia, pomegranate, guava, navel orange, Valencia orange, lemon, grapefruit and fig. Residents also enjoy a community swimming pool, a shared stocked workshop and a guest house available to rent for visiting family and friends. Opportunities like this rarely come to market! Discover a unique chance to own your own slice of Fallbrook, where distinctive character, sweeping views, and remarkable shared grounds create a living experience unlike the ordinary condo. Whether you’re a first-time homebuyer, a retiree looking to downsize, or a snowbird seeking a peaceful getaway - this special property offers a rare opportunity to enjoy the best of Fallbrook living. Full of charm and individuality, it’s an inviting place to call home or enjoy as your own seasonal retreat. Come experience it for yourself, this is a Fallbrook gem you won’t want to miss!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 4 active · 3 closed
Fallbrook · Condominium
Listed in line with the median closed sale of $540,000. Price per sqft ($381) is a 14% discount to closed comps ($445). Closed comps sold at 94% of list — buyers have negotiating leverage.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1759 Pala Lake Drive | Fallbrook | 1979 | 2 | 2 | 1,426 | 474,368 | $372 | $529,900 | 30 | 70 |
| 1637 Pala Lake Drive | Fallbrook | 1980 | 2 | 2 | 1,438 | 0 | $368 | $529,000 | 163 | 69 |
| 4115 Cyprus Island Court | Fallbrook | 1979 | 2 | 2 | 1,308 | 0 | $381 | $499,000 | 46 | 68 |
| 4129 Cyprus Island Court | Fallbrook | 1979 | 2 | 2 | 1,308 | 474,368 | $359 | $469,000 | 43 | 67 |
| Total: 4 · Average | 2.0 | 2.0 | 1,370 | 474,368 | $370 | $506,725 | 70.5 | |||
| Median | 1,426 | $529,000 | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4119 Oak Island Lane | Fallbrook | 1980 | 11/20/2025 | 2 | 2 | 1,432 | 473,497 | $549,900 | $525,000 | $367 | 0.95 | 41 | 65 |
| 1714 Woodlark Lane | Fallbrook | 1982 | 12/05/2025 | 2 | 2 | 1,166 | 4,356 | $595,000 | $545,000 | $467 | 0.92 | 43 | 61 |
| 1744 Woodlark Lane | Fallbrook | 1982 | 12/23/2025 | 2 | 2 | 1,078 | 2,614 | $565,000 | $540,000 | $501 | 0.96 | 188 | 58 |
| Total: 3 · Average | 2.0 | 2.0 | 1,225.333 | 160,155.667 | $536,666.667 | $536,666.667 | $445 | — | 90.66666666666667 | ||||
| Median | 1,166 | $540,000 | $540,000 | ||||||||||
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.