1635 Pala Lake Dr, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 2 bath
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1635 Pala Lake Dr
Fallbrook, California 92028
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,308Sq Ft
473,061.594Lot Size
Property Price
LIST PRICE$560,000
SUMMARY
Analysis of 1635 Pala Lake Dr, Fallbrook, California 92028 is currently available with a list price of $560,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1980, the property has undergone recent cosmetic renovations including new luxury vinyl plank flooring and fresh interior paint. The kitchen features updated stone countertops and the home appears well-maintained and move-in ready, fitting the 5-15 year renovation criteria for functional modern living.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 473061, living area = 1308.
- Expansive Lot Size
The property boasts a massive 10.86-acre lot (473,061 sqft), offering exceptional privacy and significant potential for agricultural use, equestrian facilities, or further development.
- Golf Course Views
The home features desirable golf course views, providing a serene and picturesque backdrop that enhances the property's aesthetic value and tranquility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =473061, other record lot size in square feet = 473310.
- High Association Fees
The monthly association fee of $603 is notably high for a single-family residence of this size, which may impact the overall affordability and appeal for some buyers.
- Aging Infrastructure
Built in 1980, the home may require modernization of its systems and interior finishes to meet contemporary standards and buyer expectations for energy efficiency.
About 1635 Pala Lake Dr
A Must See, the pictures tell a wonderful new story. Come see this beautifully remodeled inviting home located in the highly desired golf community of Pala Mesa Villas Community Association. The association beautifully maintains the complete flowing landscapes surrounding the property making this a very low maintenance home. Amazing golf course and mountainous views. Your soon to be new home offers 2 bedrooms and 2 full bathrooms, an attached 2 car garage and was built in 1980. Double Pane windows, High quality upgraded blinds throughout, new upgraded flooring, brand new clothes washer and dryer are just a few of the recent upgrades. You can enjoy the peace, quiet and privacy with the gorgeous golf course views while enjoying your morning coffee. Enjoy the local community and all the annual events, the local wineries and restaurants or venture further out on the conveniently close I-15 freeway and the 76 freeway. Welcome to Fallbrook. The monthly special assessment fee (beyond the regular monthly assessment), which is to help with the HOA's reserves of $306.00 will end December 31, 2026.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 473,061.594 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $603.0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Live Oak Elementary School
Grades K-6 • 3.1 mi
4/10
Maie Ellis Elementary
Grades K-6 • 5.3 mi
5/10
Bonsall Elementary School
Grades K-5 • 6.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,308 | 2,314.399 |
| Lot Size | 473,061.594 | 47,267.225 |
| Price | $560.0K | $919.6K |
| Price per sq ft | $428 | $428 |
| Built year | 1980 | 1992 |
| HOA | $603.0 | $195 |
| Days on market | 11 | 59 |
Pricing History
Listed for Sale
Aug 29, 2026
$560,000
Initial Listing
Sold
Dec 3, 2001
$163,000
Public Record
Sold
Dec 3, 1999
$128,000
Public Record
Sold
May 21, 1998
$113,000
Public Record