4122 Oak Island, Fallbrook, California 92028, Fallbrook, 92028 - 1 bed, 1 bath
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Fallbrook, California 92028
This Turnkey Condominium is a Strong Value Opportunity, listed at $399,000—positioned slightly above the $384,122 Fair Market Value. While the price reflects a premium for its Mint Condition Rating, the property offers immediate lifestyle value through its Golf Course View and high-end interior updates, including a Quartz Kitchen and Wine Fridge. Located within the Fallbrook Union Elementary district, this unit provides a sophisticated, low-maintenance living experience. It is an ideal acquisition for first-time buyers or lifestyle-focused professionals seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4122 Oak Island Subject | $399,000* List Price | 1 | 1 | 943 | $407 | - |
A 1740 Pala Lake Sold | $390,000 | 1 | 1 | 943 | $414 | 0.2 mi |
B 4125 Pinehurst Court Sold | $344,888 | 1 | 1 | 729 | $473 | 0.0 mi |
C 1720 Pala Lake Sold | $418,000 | 1 | 1 | 1,156 | $362 | 0.1 mi |
D 4121 Oak Island Ln Sold | $450,000 | 2 | 2 | 1,308 | $344 | 0.0 mi |
E 1768 Pala Lake Dr Pending | $500,000 List Price | 2 | 2 | 1,308 | $382 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property has undergone a comprehensive renovation within the last year, including new quartz countertops, stainless steel appliances, flooring, and fresh paint. It is in mint, move-in ready condition with modern updates.
The property has been extensively renovated with new quartz countertops, stainless steel appliances including a wine fridge, updated flooring, and fresh paint, offering a turnkey move-in experience.
As an upstairs end unit with vaulted ceilings, this home maximizes natural light and features a premier view of the golf course, arguably the best in the complex.
The inclusion of an oversized detached garage and a dedicated laundry closet provides functional utility and storage space that is often lacking in one-bedroom condominium layouts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =473497, other record lot size in square feet = 473310.
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.
With only one bedroom and one bathroom, the property appeals to a niche market of singles or couples and lacks the flexibility to accommodate guests or a dedicated home office.
Upstairs end unit with vaulted ceiling is full of natural light and probably the best view of the golf course in the complex. This home has just been updated with new quartz kitchen counters, new stainless appliances including wine fridge, new light fixtures, fireplace surround, flooring throughout and all freshly painted. Convenient laundry closet and a detached oversized garage. Enjoy relaxing on the balcony or venture out to local wineries, hiking trails and unique local restaurants.
No exterior & parking available.
Grades K-6 • 3.1 mi
Grades K-6 • 5.3 mi
Grades K-5 • 6.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 31% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 943 | 1,117 | 31% |
| Lot Size | 473,497.188 | 146,843.102 | 75% |
| Price | $399.0K | $434.0K | 44% |
| Price per sq ft | $423 | $413 | 56% |
| Built year | 1980 | 1980 | 50% |
| HOA | $603.0 | $450 | 69% |
| Days on market | 4 | 138 | 19% |
Jun 2, 2026
$399,000
Initial Listing
Apr 16, 2004
$241,000
Public Record