This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/43
$525,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/43
Property Description
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!
Full Property Details
Full Property Details for 4123 Oak Island
General
- Price: $525,000
- HOA FEE: $651/month
- Status: Active
- Type: Condo
- Source: SANDICOR
- MLS ID: 260016276
- Updated: 7/29/2026
- Added to Site: 48 day(s) ago
Interior
- Appliances: Dishwasher, Disposal, Range/Oven
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Other/Remarks
Additional Information
- Shared Pool: Yes
- Pool: Yes
- Pool Description: Community/Common
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Detached
Location
- Area: FALLBROOK (92028)
- County: San Diego
- Subdivision: FALLBROOK
- Neighborhood: Pala Mesa Villas
- Complex: Pala Mesa Villas
- Driving Directions: Canonita to Pala Lake to Oak Island
Community
- Assoc. Fees Include: Common Area Maintenance, Exterior Landscaping, Exterior Building Maintenance, Limited Insurance, Water
- Units Assoc/Comm: 136
Heating & Cooling
- Cooling Type: Central Forced Air
- Heating Type: Forced Air Unit
- Heating Fuel: Natural Gas
Utilities
- Sewer: Sewer Connected
- Water: Other/Remarks
Structural Information
- Detached/Attached: Detached
- Construction: Wood
- Roof: Composition
- Entry Floor Number: 2
- Stories/Levels: 2
- Square Feet: 1,308
- Living Area: 1,308 Sq. Ft.
- Year Built: 1980
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 10.87
- Lot Size (Sq. Ft.): 473,310
- Lot Size: 10.87
- Zoning: R-1:SINGLE
Financial Considerations
- Association Fee: $651
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, VA
Disclosures and Reports
- Special Conditions: Other/Remarks
- Prop. Restrictions: CC&R's, Other (See Remarks)
- Property ID: 108-411-10-46
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
Get Pre-Approved Today
Schools
Schools serving 4123 Oak Island
| Name | Grades | Distance |
|---|---|---|
Live Oak Elementary School, Fallbrook, CA 1978 Reche Road, Fallbrook, CA 92028 | K-6 | 3.1 mi |
James E. Potter Intermediate School 1743 Reche Road, Fallbrook, CA 92028 | 7-8 | 3.3 mi |
Fallbrook High School 2400 South Stage Coach Lane, Fallbrook, CA 92028 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4123 Oak Island
Date
Details
Price
Change
Source
7/29/2026
Price Reduced
$525,000
-4.55%
MLS
7/05/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4123 Oak Island
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,527
—
$332,374
2%
2025
$3,527
5%
$325,858
4%
2023
$3,350
—
$313,207
2%
2022
$3,352
3%
$307,067
2%
2021
$3,244
-1%
$301,047
1%
2020
$3,272
2%
$297,961
2%
2019
$3,211
2%
$292,119
2%
2018
$3,163
2%
$286,392
2%
2017
$3,102
3%
$280,778
2%
2016
$3,022
2%
$275,274
2%
2015
$2,969
18%
$271,140
18%
2014
$2,526
22%
$230,000
22%
2013
$2,071
—
$189,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4123 Oak Island
4123 Oak Island, Fallbrook, CA 92028 (MLS# 260016276) is a Condo property with 2 bedrooms and 2 full bathrooms. 4123 Oak Island is currently listed for $525,000 and was received on July 05, 2026. This property is listed by Todd Fortney from our Rancho Bernardo Office.Want to learn more about 4123 Oak Island? Do you have questions about finding other Condo real estate for sale in Fallbrook? You can browse all Fallbrook real estate or contact a Coldwell Banker agent to request more information.


