1531 Malaga Way, Fallbrook, CA 92028
Property image
Property image
OFF MARKET

$897,500

Trulia Estimate
as of Aug 29, 2026
  • 4 Beds
  • 3.5 Baths
  • 2,032 sqft
  • 4 Beds
  • 3.5 Baths
  • 2,032 sqft

1531 Malaga Way, Fallbrook, CA 92028

Home Highlights

Property Type
Single-Family Home
Living Area
2,032 sqft
Price/Sqft
$442

Local Information

  • Map ViewExplore the area around 1531 Malaga Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

For more details, please visit our website or call us today!

This light and bright unit is newly updated with a solar system to cut down on the electric bill, a water softener and reverse osmosis water filter, stunning windows, soaring tall ceilings, large living spaces, comfortable sized bedrooms, ample storage opportunities and more. Located in the hills of Fallbrook, just minutes away from all that Downtown has to offer!

The main house features a gorgeous kitchen with stainless steel appliances, gas stove, incredible counterspace with a peninsula and a walk-in pantry! The separate laundry room sits just off of the kitchen. This property is also incredibly unique by having a fully equipped 1 bedroom ADU. The ADU also features a comfortably sized bedroom, in-unit Washer/Dryer, great storage, a full kitchen and more. A full, independent unit! And yes, the pink bedroom can be painted!

The outdoor space is tastefully done with drought tolerant landscaping to cut down on maintenance and utilities. The lot features a massive outdoor seating area in the back, and in the front as well! The garage has a luxurious finish on the flooring and abundant storage opportunities.

FREQUENTLY ASKED QUESTIONS:
Refrigerator: Included
Washer/Dryer: Included
HVAC: Central
Parking: 2 Car Garage, Driveway
Utilities Included: None, Solar on the Property to Reduce SDGE bill.
Landscaper: Not Included
Pet Restrictions: Up to 2 pet(s) are considered after successful Pet Screening and Owner Approval. Additional Deposit and/or Fee may apply.

APPLICATION, LEASE TERMS, FEES:
Application Fee: $45 per adult (all occupants 18+ need to submit an application).
Application Processing Time: 1-3 Business Days
Lease Length: 13-15 months
Renter's Insurance: Tenant must carry renter's insurance with a minimum $100,000 liability naming Francis Taylor Properties as an additional interest.

Francis Taylor Properties | DRE #01940903

Price, terms, offerings, availability subject to change. All information deemed reliable, tenant to verify all.
1531 Malaga Way, Fallbrook, CA 92028 is a 4 bedroom, 4 bathroom, 2,032 sqft single-family home. It last sold for $800,000 on Sep 17, 2021 (18,082% above the $4,400 asking price). More recently, it was listed as a rental in November 2024 with an asking price of $4,400 per month. That rental listing was removed on December 17, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $897,500, with a rent estimate of $4,069/month.

Home Details for 1531 Malaga Way

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Interior Features

Appliances & Utilities
DryerRefrigeratorWasher

Comparable Sales for 1531 Malaga Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
493 Poets Sq, Fallbrook, CA
0.16
Single-Family Home
$775,000
10/02/25
3
2.5
2,266 sqft
445 Cancun Ct, Fallbrook, CA
0.18
Single-Family Home
$790,000
06/02/26
4
2
1,517 sqft
447 Ali Way, Fallbrook, CA
0.29
Single-Family Home
$835,000
09/25/25
3
2.5
1,790 sqft
203 Rhesa Ln, Fallbrook, CA
0.21
Single-Family Home
$927,000
08/04/26
3
2
1,512 sqft
377 Natalie Way, Fallbrook, CA
0.57
Single-Family Home
$907,500
08/17/26
4
2.5
2,291 sqft
190 Mission Oaks Rd, Fallbrook, CA
0.46
Single-Family Home
$963,000
04/17/26
4
3.5
3,134 sqft
206 Via Oro Verde, Fallbrook, CA
0.47
Single-Family Home
$750,000
04/15/26
4
2
1,695 sqft
1852 Foxfire Rd, Fallbrook, CA
0.51
Single-Family Home
$875,000
09/24/25
4
2
2,133 sqft
1677 S Hill Ave, Fallbrook, CA
0.31
Single-Family Home
$1,180,000
11/17/25
3
3.5
2,981 sqft
169 Mission Oaks Rd, Fallbrook, CA
0.58
Single-Family Home
$1,418,500
11/25/25
4
3.5
3,330 sqft

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Fallbrook

At least 232 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 81 % Say it's dog friendly

  • 79 % Say parking is easy

  • 77 % Say there's holiday spirit

  • 73 % Say yards are well-kept

  • 67 % Say it's quiet

  • 63 % Say there's wildlife

  • 59 % Say neighbors are friendly

  • 58 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 53 % Say kids play outside

  • 46 % Say there are sidewalks

  • 43 % Say it's walkable to grocery stores

  • 41 % Say it's walkable to restaurants

  • 39 % Say there are community events

  • 33 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • 8d4sbsmkv2
    "The Avacado Festival is an event that makes our neighborhood special because we gather to buy different things such as food, clothes, walk in family, and hang out and meet new people."
    0
    Flag
  • Fallbrookusa
    "Church’s, Avocado festival. Christmas Parade, small town feel with good restaurants a town supported by military."
    0
    Flag
  • Sunshine.ecorinne
    "We don’t have many events in my neighborhood but everyone is very kind. Then neighborhood is very relaxed and Fallbrook in general is a tight community "
    0
    Flag
  • Richelle Stephens
    "Small town feel without living far from civilization. People are generally nice and are active in the community. Sometimes I wish there was more kid friendly activities but we still find fun. "
    0
    Flag
  • Bren.nunez
    "Friendly neighborhood. Quiet neighborhood. Great place to live as a transition to a house. Condos are quiet. "
    9
    Flag
  • Trulia User
    "Quiet and clean. Feels good to come he to friendly neighbors and love that outdoorsy feel. "
    0
    Flag
  • Daveandmonique
    "Avocado Festival, summer nights, fall hoedown and Christmas Parade are some area specific seasonal events in Fallbrook.events"
    3
    Flag
  • Moy R.
    "Small streets can’t handle amount of cars in the roads every single day of the week. It is very annoying to drive around this town even during the week. "
    0
    Flag
  • Jordis F.
    "Quaint rural community with friendly folk. Fallbrook has unique topography and lots of trees, and nice outdoor activities."
    0
    Flag
  • Eric
    "The commute is longer than where I lived previously but that was a trade off for other things the area had to offer"
    1
    Flag
  • Jordis F.
    "I work remotely but close access to the 15 and 76. About ten minutes to the 15 and 76, and 30 minutes to the 5"
    3
    Flag
  • Harnackeb
    "I’ve lived in this super quiet neighborhood for seven years with an amazing view and amazing friendly neighbors who always look out after another. Great community!"
    7
    Flag
  • Stephanie R.
    "Not a lot of walking areas in my neighborhood but some parks and community areas are available which is nice "
    0
    Flag
  • Rodrigo G.
    "I bought a new house at Horse Creek Ridge last year, and I love it. really nice and save neighborhood with lots of parks, walking trails and an sport park. "
    0
    Flag
  • Jordis F.
    "We have a number of Halloween events that are safe and fun for the kids. We also have other annual events like the Avocado Festival and Art Faire."
    1
    Flag
  • William R.
    "People decorate their homes for holidays. Neighborhood still developing and should bring future events."
    0
    Flag
  • Kristin K.
    "That we are all very friendly and we all help each other out when it is needed. Can’t ask for better neighbors "
    0
    Flag
  • Sonja S.
    "People are very friendly. It’s such a tranquil place to live. Central to everything with a small town feel. Love it "
    0
    Flag
  • Nancy C.
    "I see people walking with their dogs all the time. I see people exercising and going to public events. I like Fallbrook's vibe. "
    5
    Flag
  • Pcrazyfeet
    " I no loner if I did, I would be going north in the morning against traffic, so it would be 15-20 commute"
    0
    Flag
  • B1ack
    "That everyone tries to keep pets safe. If a dog gets out, most try to find the owners. There is also a community app to post information so everyone knows what’s going on around us."
    3
    Flag
  • Pcrazyfeet
    "Very rural. No public transportation. No malls, just a couple of markets. Nice restaurants. No hospital"
    1
    Flag
  • Gonza190
    "Small town. Everyone knows when you fart. Gossip girl kinda town. Schools suck, fact check me on this one. It’s true schools suck look at scores "
    5
    Flag
  • Funkyones
    "Rural area & lots of country to spread out‼️‼️ Nice homes & small town atmosphere👍👍 Lots of GREAT SCHOOLS & Football on Fridays night is the place to be.. Stay in Fallbrook to shop or travel a half an hour on Freeway North or South (City Trip) & find what ur looking for.. "
    1
    Flag
  • Jesus P.
    "Friendly small town. Not topical or California. Lots of vegetation compared to the surrounding cities. Country living feeling, with lots of ranch style homes."
    0
    Flag
  • Tyhawthorne6
    "There’s no yard in the apartments by the gate to get on base so you you have to take your dog somewhere to Poo but it’s a lovely area "
    1
    Flag
  • Kpaintermeyers
    "Convenient to the 15 freeway, short commute to Camp Pendleton. Easy option to take the old hwy 395 when the 15 backs up at commute time. "
    1
    Flag
  • Jolene
    "I moved here 2 years ago and it is my new home. Private and friendly. Family oriented with a lot of community events."
    0
    Flag
  • Brittanygraves10
    "Unsafe, unkept, no local police. Only Sheriff. A lot of unkept areas and a lot of burglaries at homes."
    3
    Flag
  • J
    "It is a great neighborhood, close to parks, and schools. The culture is unique with art shows, and festivals in the summer."
    0
    Flag
  • Fmom411
    "Great small town community near very large metros. Close enough to big box stores but also quaint with everything needed in town. People that love her, LOVE living here so pride in the town is high. Great restaurants! "
    3
    Flag
  • Dawn
    "no off leash areas are a point of contention. no off leash allowed, but some do anyway and create tension. need dog park area for them. "
    0
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Dec 17, 2024
Source: Zillow Rentals
ListingRemoved
$4,400
Nov 16, 2024
Source: Zillow Rentals
Listed For Rent
$4,400
Sep 17, 2021
Source: SDMLS #210022887
Sold
$800,000
Jun 28, 2016
Source: N/A
Sold
$350,000
Nov 25, 2015
Source: N/A
Sold
$355,000

Frequently asked questions about 1531 Malaga Way

  • What is 1531 Malaga Way estimated to be worth?
    Trulia's estimated value for 1531 Malaga Way in Fallbrook, CA is $897,500.
  • What is the price history for 1531 Malaga Way?
    1531 Malaga Way in Fallbrook, CA last sold for $800,000 in September 2021.
  • Is Fallbrook a buyer's or seller's market?
    Fallbrook is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Fallbrook?
    The median sale price in Fallbrook is $840K. That is down $45K from the prior month.
  • Does 1531 Malaga Way have laundry facilities?
    Yes, 1531 Malaga Way in Fallbrook, CA has in-unit laundry.

Homes for rent near 1531 Malaga Way

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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