ActiveResidential · sale

1637 Pala Lake Drive

Fallbrook, CA 92028

$554,000

  • 2 beds
  • 2 baths
  • 1,438 sq ft
  • Built 1980

Listed by LPT Realty · MLS #NDP2604787

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1980.

Garage parking

1 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Indulge in relaxed resortstyle living in this highly upgraded endunit residence nestled within the prestigious community of Pala Mesa Villas in Fallbrook Perfectly positioned to capture sweeping golf course views and serene mountain backdrops this home offers the rare feel of a detached residence with the ease of lowmaintenance living and approved for VA Financing Step inside to an open and airy layout filled with natural light where soaring ceilings expansive windows and glass doors create a seamless indooroutdoor connection Rich engineered hardwood flooring spans the main living areas anchored by a beautifully refinished stone fireplace that adds warmth and character The bright kitchen is both functional and inviting featuring custom backsplash details updated appliances and a natural flow into the living and dining spacesideal for everyday living and entertaining alike Thoughtfully upgraded throughout this home showcases a long list of improvements including newer windows and screens shutters sun shades and screen doors recessed lighting ceiling fans remodeled bathrooms and plush carpeted bedrooms Additional enhancements such as a tankless water heater reverse osmosis system at the kitchen sink UV light in the furnace for air purification and upgraded appliancesincluding dishwasher refrigerator washer and dryeroffer both comfort and peace of mind A builtin cabinet with drawers in one of the bedrooms adds both charm and functionality The exterior setting is equally impressive with a private driveway accommodating up to six vehicles lush mature foliage and a variety of fruit trees including orange tangerine and lemon Enjoy tranquil mornings and goldenhour evenings surrounded by natural beauty where the views and peaceful ambiance truly set this home apart Take advantage of the resortstyle community offering multiple pools and spas BBQ areas parklike grounds and scenic walking trails all set alongside the beautiful Pala Mesa Golf Course Tucked away as a private end unit the home enjoys a quiet setting that feels removed from neighbors enhancing the sense of space and tranquility Conveniently located just minutes from Interstate 15 Highway 76 multiple golf courses and the renowned wineries of Temecula this home offers the perfect blend of comfort convenience and lifestyle If youve been searching for a turnkey home with stunning views and an effortless lifestyle this is one you wont want to miss
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THE NEIGHBORHOOD

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1637 Pala Lake Drive, Fallbrook, CA 92028

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1980
Full baths
2
Garage spaces
1
Cooling
CentralAir
Pool
No
Pool features
Community,InGround,Association
Spa
No
Zoning
R-1:SINGLE
Parcel
1084111065
HOA
Pala Mesa Villa
HOA amenities
PicnicArea,Pool,SpaHotTub,Trails
HOA fee frequency
Monthly
HOA fee
$603.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$2,308.33
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1637 Pala Lake Drive, Fallbrook, CA 92028 · MLS #NDP2604787

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Listing information

MLS #NDP2604787 · California Regional MLS

Listing brokerage: LPT Realty
Listing agent: Tim Kirk

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.