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

5028 Avocado Park Way, Fallbrook, California 92028 home-pic-0

5028 Avocado Park Way

Fallbrook, California 92028

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,535Sq Ft
4,847Lot Size

Property Price

LIST PRICE$699,000
EST. MARKET VALUE
$665,801
4% AboveMARKET VALUE

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

$665,801
Based on Realkey algorithm analyzing recent comparable sales in Fallbrook.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5028 Avocado Park Way
Subject
$699,000*
List Price
321,535$434-
A
4944 Dulin Rd Road
Sold
$647,700321,443$4490.2 mi
B
4875 Lake Shore
Sold
$680,000321,535$4430.4 mi
C
4965 Lake Shore Court
Sold
$699,000321,535$4550.2 mi
D
4921 Lake Park Court
Sold
$630,000421,610$3910.2 mi
E
4163 Lake Circle Drive
Sold
$760,000331,970$3860.5 mi
F
3361 Avocado Vista
Sold
$750,000421,735$4320.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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

8/10

Norman L. Sullivan Middle School

Grades 6-8 • 2.7 mi

7/10

Bonsall High

Grades 9-12 • 2.6 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.03.0
32%
Square foot1,5352,281.5
15%
Lot Size4,84726,571.5
17%
Price$699.0K$909.5K
15%
Price per sq ft$455$423
68%
Built year19991991
58%
HOA$138.0$0
79%
Days on market5179
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

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