5028 Avocado Park Way, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath

5028 Avocado Park Way
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 5028 Avocado Park Way, Fallbrook, California 92028 reveals a property with a current list price of $699,000, which is 4% above the estimated $665,801 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5028 Avocado Park Way Subject | $699,000* List Price | 3 | 2 | 1,535 | $434 | - |
A 4944 Dulin Rd Road Sold | $647,700 | 3 | 2 | 1,443 | $449 | 0.2 mi |
B 4875 Lake Shore Sold | $680,000 | 3 | 2 | 1,535 | $443 | 0.4 mi |
C 4965 Lake Shore Court Sold | $699,000 | 3 | 2 | 1,535 | $455 | 0.2 mi |
D 4921 Lake Park Court Sold | $630,000 | 4 | 2 | 1,610 | $391 | 0.2 mi |
E 4163 Lake Circle Drive Sold | $760,000 | 3 | 3 | 1,970 | $386 | 0.5 mi |
F 3361 Avocado Vista Sold | $750,000 | 4 | 2 | 1,735 | $432 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this property is exceptionally well-maintained and move-in ready, but it largely retains its original finishes. The kitchen features dated tile countertops and older white appliances, while the bathrooms reflect standard builder-grade styles from the late 90s. Although the addition of a fully paid solar system is a significant functional upgrade, the home lacks the modern renovations or more recent construction date required for a 'good' or 'excellent' rating, aligning with the criteria for a 25-40 year old home with original components.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Low Ownership Costs
The property features a fully paid-for solar system and benefits from a low tax rate, offering significant long-term financial savings for the homeowner.
- Productive Garden & Direct Park Access
The drought-resistant backyard includes a mature fruit orchard and a rare private gate providing direct access to the neighborhood playground, ideal for families.
- Spacious Single-Level Layout
The open-concept, single-story floor plan is enhanced by soaring ceilings throughout, creating an airy and accessible living environment that feels larger than its square footage.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 4,847 square feet, the lot is relatively small for the Fallbrook area, which may limit buyers looking for the expansive acreage typically associated with this rural community.
- Potential Highway Noise
While the proximity to I-15 is excellent for commuting, the home's location near a major transit corridor may result in some ambient traffic noise.
About 5028 Avocado Park Way
Welcome to Rancho Viejo, Where Comfort and Convenience Meet Community Nestled on a quiet cul-de-sac in the sought-after Rancho Viejo neighborhood of Fallbrook, this charming single-story home offers the ideal blend of relaxed California living and thoughtful design. With 1,535 square feet of space in an open concept format, three generous sized bedrooms, and two full baths, this home feels both spacious and welcoming from the moment you walk in. Soaring ceilings throughout the home create an open, airy atmosphere that brightens every room and makes the floor plan feel even larger than it is. The single-level layout is perfect for easy everyday living, with no stairs to navigate and a seamless flow from room to room. Step outside and enjoy the best of Southern California’s outdoor lifestyle. The low maintenance, drought-resistant landscaping helps keep the yard beautiful year-round with minimal water use, while a thriving collection of fruit trees — including lemon, avocado, and cherry — along with berry bushes, makes this backyard a true garden retreat. Whether you’re picking fresh fruit for breakfast or simply relaxing under the covered patio, this yard is a rare find. The home features a FULLY PAID FOR SOLAR SYSTEM, offering significant savings on energy costs from day one. Adding even more value, this property benefits from a LOW TAX RATE, making your monthly cost of ownership even more attractive. The exterior All appliances convey with the home, so you can move right in without the hassle of purchasing or transporting a thing. Just bring your bags and start enjoying the Fallbrook lifestyle from day one. The Rancho Viejo HOA offers an impressive array of amenities at an affordable cost, including a sparkling pool and spa, tennis courts, a clubhouse, playgrounds, and scenic walking paths that wind around the community’s central lake — a truly special setting for morning strolls or evening unwinding. As an added bonus, backyard provides direct gate access to a neighborhood playground, making this location especially ideal for families. Fallbrook is known for its small-town charm, agricultural beauty, and easy access to both the coast and inland communities. Rancho Viejo delivers all of that, with the added benefit of being located close to I-15 providing excellent commuting access. This one checks all the boxes — don’t miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 4,847 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $138.0 / Month
Neighborhood Insights
Fallbrook Unified Schools
Bonsall Elementary School
Grades K-5 • 5.0 mi
Norman L. Sullivan Middle School
Grades 6-8 • 2.7 mi
Bonsall High
Grades 9-12 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 1,535 | 2,281.5 | 15% |
| Lot Size | 4,847 | 26,571.5 | 17% |
| Price | $699.0K | $909.5K | 15% |
| Price per sq ft | $455 | $423 | 68% |
| Built year | 1999 | 1991 | 58% |
| HOA | $138.0 | $0 | 79% |
| Days on market | 5 | 179 | 5% |
Pricing History
Listed for Sale
Mar 3, 2026
$699,000
Initial Listing
Sold
Nov 20, 2017
$440,000
Public Record
Sold
Dec 15, 2008
$286,000
Public Record
Sold
Nov 29, 2005
$477,000
Public Record
Sold
Feb 5, 2004
$350,000
Public Record
Sold
Jun 16, 1999
$183,500
Public Record





































