4123 Oak Island Ln, Fallbrook, CA 92028
Property image
Property image
FOR SALE
3D VIEW

$525,000

Original price: $550,000
  • 2 Beds
  • 2 Baths
  • 1,308 sqft

4123 Oak Island Ln, Fallbrook, CA 92028

Est. Mortgage $3,929/mo*
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Home Highlights

Condo
Built in 1980
$401/sqft
Garage
HOA $651/mo

Local Information

  • Map ViewExplore the area around 4123 Oak Island Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Turnkey and move-in ready, this beautifully updated 2-bedroom, 2-bathroom condo in the highly sought-after Pala Mesa Villas golf community is the one you've been waiting for. From the moment you step inside, you'll appreciate the thoughtful upgrades, including a stunning kitchen featuring quartz countertops, stainless steel appliances, abundant cabinet and countertop space, engineered hardwood flooring, updated bathrooms, and newer heating and A/C units that add both style and comfort. The open pass-through from the kitchen to the dining area creates a bright, connected living space that's perfect for entertaining. The spacious living and dining room boasts soaring vaulted ceilings, a cozy fireplace, and direct access to a private deck overlooking the 2nd hole of the Pala Mesa Golf Course, an ideal spot to relax and take in the tranquil golf course views. The generous primary suite serves as a peaceful retreat with its own beautifully updated en-suite bathroom, while the second bedroom and updated full bath offer flexibility for guests, a home office, or additional living space. A rare 1.5-car garage provides space for a full-sized vehicle plus a golf cart, workshop, or extra storage. Residents enjoy resort-style amenities, including community pools and a spa, all just minutes from the Pala Mesa Golf Resort, Interstate 15, Highway 76, Temecula wine country, and San Diego's beautiful coastline. Experience the best of Fallbrook living—peaceful, scenic, and conveniently located. Don't miss this exceptional opportunity!
Last check for updates: about 17 hours ago
Listing courtesy of Todd D Fortney DRE #01258197, (619) 518-1783
Coldwell Banker Realty
Originating MLS: SDMLS
Source: SDMLS, MLS#260016276
Also Listed on SDMLS.

Home Details for 4123 Oak Island Ln

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1308 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Range/OvenDishwasherDisposalLaundry: Other/Remarks
Heating & Cooling
Heating: Forced Air UnitAir Conditioning: Central Forced AirHeating Fuel: Forced Air Unit
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 1Levels: 1 Story

Exterior Features

Exterior Home Features
Roof: CompositionFencing: N/K
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Detached
Pool
Pool: Community/Common
Frontage
Not on Waterfront
Water & Sewer
Sewer: Sewer Connected

Days on Market

Days on Market: 60

Property Information

Year Built
Year Built: 1980
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Building Name: Pala Mesa VillasConstruction Materials: Wood
Property Information
Parcel Number: 1084111046

Price & Status

Price
List Price: $525,000Price Per Sqft: $401

Active Status

MLS Status: ACTIVE

Media

Location

Direction & Address
City: FallbrookCommunity: FALLBROOK

Agent Information

Listing Agent
Listing ID: 260016276

Building

Building Area
Building Area: 1308 Square Feet

Community

Units in Building: 136

HOA

HOA Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, WaterHOA Name: Pala MesaAssociation for this Listing: SDMLSHOA Fee: $651/Monthly

Lot Information

Lot Area: 10.87 Acres

Listing Info

Special Conditions: Other/Remarks

Offer

Listing Terms: Cash, Conventional, VA

Miscellaneous

Mls Number: 260016276Showing Service Name: None

Additional Information

Source Internet Entire Listing Display

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

Market trends in Fallbrook

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$840K
$45KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$426
$2MoM
Available listings
244
7MoM

Home Value

Trulia Estimate
$518K
Since last month
Decreased$4K (-0.8%)
Since last year
Decreased$94K (-15.3%)
Since last sale
Increased$294K (+130.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +75% in the last 10 years
MonthEstimated value
2026
August 2026$519K
August 2026$518K
July 2026$523K
June 2026$641K
May 2026$606K
April 2026$590K
March 2026$566K
February 2026$575K
January 2026$579K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4121 Oak Island Ln, Fallbrook, CA
0.00
Condo
$450,000
01/05/26
2
2
1,308
4119 Oak Island Ln, Fallbrook, CA
0.03
Condo
$525,000
11/20/25
2
2
1,432
1768 Pala Lake Dr, Fallbrook, CA
0.26
Condo
$505,000
06/12/26
2
2
1,308
4125 Pinehurst Ct, Fallbrook, CA
0.06
Condo
$344,888
06/01/26
1
1
729
4117 Oak Island Ln, Fallbrook, CA
0.07
Condo
$385,000
08/07/26
1
1
729
1720 Pala Lake Dr, Fallbrook, CA
0.20
Condo
$418,000
04/27/26
1
1
1,156
1740 Pala Lake Dr, Fallbrook, CA
0.20
Condo
$390,000
04/23/26
1
1
943
1766 Pala Lake Dr, Fallbrook, CA
0.26
Condo
$495,000
09/17/25
2
2
1,308
1650 Pala Lake Dr, Fallbrook, CA
0.11
Condo
$379,000
07/13/26
1
1
943
1718 Tecalote Dr #5, Fallbrook, CA
0.29
Condo
$651,000
08/31/26
3
2.5
1,710

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4121 Oak Island Ln, Fallbrook, CA 92028
0.00
$450,000
2
2
1,308
Recently Sold
4122 Oak Island Ln, Fallbrook, CA 92028
0.02
$389,000
1
1
943
For Sale
4119 Oak Island Ln, Fallbrook, CA 92028
0.03
$525,000
2
2
1,432
Recently Sold
4117 Oak Island Ln, Fallbrook, CA 92028
0.07
$385,000
1
1
729
Recently Sold
1637 Pala Lake Dr, Fallbrook, CA 92028
0.06
$554,000
2
2
1,438
For Sale
1635 Pala Lake Dr, Fallbrook, CA 92028
0.06
$560,000
2
2
1,308
For Sale
1630 Pala Lake Dr, Fallbrook, CA 92028
0.06
$567,400
2
2
1,308
Off Market
4125 Pinehurst Ct, Fallbrook, CA 92028
0.06
$344,888
1
1
729
Recently Sold
1629 Pala Lake Dr, Fallbrook, CA 92028
0.06
$527,000
2
2
1,308
Off Market
1634 Pala Lake Dr, Fallbrook, CA 92028
0.07
$509,000
2
2
1,308
Off Market
1855 Tecalote Dr, Fallbrook, CA 92028
0.11
$1,474,100
3
3
3,148
Off Market

Price and Tax history

DateEventPrice
Jul 29, 2026
Source: SDMLS #260016276
PriceChange
$525,000
Price decreased by 5%
Jul 5, 2026
Source: SDMLS #260016276
Listed For Sale
$550,000
Jul 4, 2025
Source: Zillow Rentals
ListingRemoved
$2,995
Jun 7, 2025
Source: Zillow Rentals
PriceChange
$2,995
Price decreased by 3%
May 9, 2025
Source: Zillow Rentals
Listed For Rent
$3,100

LGBTQ Local Legal Protections

Todd D Fortney, Coldwell Banker Realty
Agent Phone: (619) 518-1783
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Frequently asked questions about 4123 Oak Island Ln

  • What is the estimated monthly payment for 4123 Oak Island Ln?
    Based on a $525,000 list price with 20% down at today's rates, the estimated monthly payment for 4123 Oak Island Ln in Fallbrook, CA is approximately $3,332 (about $2,745 principal & interest, $512 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 4123 Oak Island Ln compare to homes in Fallbrook?
    4123 Oak Island Ln in Fallbrook, CA is listed at $525,000, about 38% below the $840K median sale price in Fallbrook.
  • What do residents say about Fallbrook?
    Residents describe Fallbrook, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Fallbrook, CA.
  • What are the closest schools to 4123 Oak Island Ln?
    The closest schools to 4123 Oak Island Ln in Fallbrook, CA are Fallbrook High School (rated 6/10), James E. Potter Intermediate School (rated 5/10), Live Oak Elementary School (rated 8/10).
  • Does 4123 Oak Island Ln have a pool?
    Yes, 4123 Oak Island Ln in Fallbrook, CA has a pool.
  • Does 4123 Oak Island Ln have laundry facilities?
    Yes, 4123 Oak Island Ln in Fallbrook, CA has laundry facilities.
4123 Oak Island Ln, Fallbrook, CA 92028 is a 2 bedroom, 2 bathroom, 1,308 sqft condo built in 1980. This property is currently available for sale and was listed by SDMLS on Jul 5, 2026. The MLS # for this home is MLS# 260016276.