1740 Pala Lake, Fallbrook, California 92028, Fallbrook, 92028 - 1 bed, 1 bath
1740 Pala Lake
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 1740 Pala Lake, Fallbrook, California 92028 is currently available with a list price of $389,000. 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
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent interior updates, including new smooth-finish walls, fresh paint, new carpeting in the bedroom, and brand-new stainless steel kitchen appliances. While the building dates to 1979, the unit has been well-maintained and modernized to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Upgrades
The condo features significant recent improvements, including new smooth walls, fresh paint, new carpeting, and brand-new appliances, offering a move-in-ready experience for the new owner.
- Scenic Golf Course Views
The property boasts picturesque views of the fairway, mountains, and pond from the balcony, kitchen, and bedroom, significantly enhancing the home's tranquility and aesthetic appeal.
- Specialized Parking and Storage
In addition to a one-car garage, the property includes dedicated space for a golf cart, a highly functional and desirable feature for residents within this golf-oriented community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =474709, other record lot size in square feet = 474461.
- High Association Fees
The monthly association fee of $603 is relatively high for a one-bedroom unit, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Aging Infrastructure
Built in 1979, the property and its community facilities are over 45 years old, which may lead to higher long-term maintenance needs or potential future special assessments.
About 1740 Pala Lake
This is a great spacious one bed, one bath condo with fairway views from balcony, kitchen and bedroom! New smooth walls with paint, new carpet in bedroom, and all new appliances. Fireplace in large living room which is open to dining area and kitchen. One car garage with space for a golf cart. A great community to enjoy the pool, spa, and beautifully maintained grounds that surround this home. Close to 15 freeway and highway 76.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 474,709 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 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 • 3.2 mi
Maie Ellis Elementary
Grades K-6 • 5.4 mi
Bonsall Elementary School
Grades K-5 • 6.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 943 | 1,308 | 13% |
| Lot Size | 474,709 | 2,831.5 | 94% |
| Price | $389.0K | $527.5K | 13% |
| Price per sq ft | $413 | $411 | 50% |
| Built year | 1979 | 1981 | 19% |
| HOA | $603.0 | $450 | 69% |
| Days on market | 2 | 155 | 6% |
Pricing History
Listed for Sale
Mar 5, 2026
$389,000
Initial Listing
Sold
Mar 25, 2020
$242,500
Public Record
Sold
Dec 31, 2012
$95,000
Public Record
Sold
Aug 10, 2005
$288,000
Public Record
Sold
Feb 6, 2004
$215,000
Public Record
Sold
Apr 21, 1997
$72,000
Public Record