Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
For sale129 days on market · MLS# 260016276
$499,000

4123 Oak Island, Fallbrook, CA 92028

2Beds
2Baths
1,308Sq ft
1980Built
473,310Lot sq ft

Listed by Todd D Fortney, Coldwell Banker Realty · 619-518-1783

Jeff Brick
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home

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!

Remarks provided by the listing agent through SDMLS.

Home facts

Everything SDMLS reports for this home
$381Price per sq ft
$601/moHOA dues
NoneMello-Roos / CFD
473,310 sq ftLot · 10.87 acres
1 garageParking spaces
NoADU / guest unit
198046 years old
129Days on market

Interior

Bedrooms2
Bathrooms2 full
Living area1,308 sq ft
Levels1 Story
AppliancesDishwasherDisposalRange/Oven

Heating, cooling & utilities

HeatingForced Air Unit (Natural Gas)
CoolingCentral Forced Air
SewerSewer Connected

Exterior & lot

Lot size473,310 sq ft (0 (Common Interest))
PoolCommunity/Common

Construction

Year built1980
Exterior wallsWood
RoofComposition

Parking

Garage spaces1
Total spaces1
Parking featuresDetached

HOA, fees & community

HOA dues$601 a month
Total monthly fees$649
Other fees$48
Mello-Roos / CFDNone
AssociationPala Mesa
ComplexPala Mesa Villas
Known restrictionsCC&R's

Property & listing details

Home typeCondominium
OwnershipFee Simple
ZoningR-1:SINGLE
Parcel number (APN)108-411-10-46
NeighborhoodPala Mesa Villas
Subdivision / tractFALLBROOK
MLS areaNorth County
CountySan Diego
Accepted financingCash, Conventional, VA
Listed onJul 4, 2026
Original list price$550,000
Last price changeOct 1, 2026
Days on market129
MLS #260016276

Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.

Price & status history

DateEventPrice
Jul 4, 2026Listed for sale$550,000
Off-market · not on Zillow, Redfin or the MLS

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What it costs to own

Your estimated monthly cost

— / month
Principal & interest—
Property tax (1.15% a year)—
Home insurance (California average)—
HOA dues$601
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—

Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.

Rent vs. buy

Typical rent in 92028 is about $2,915/month. Owning this home runs about — more each month before tax benefits and equity.

Home values in 92028
+1%1 year
+19%5 years
+73%10 years

Estimates, not a loan quote. Tax uses the San Diego County typical rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros

Similar homes nearby

Based on information from the San Diego Multiple Listing Service as of November 11, 2026 at 4:01 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error

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