2163 Gracey Lane, Fallbrook, CA 92028 - Photo 1 of 54, Fallbrook, CA
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$742,000

2163 Gracey Lane, Fallbrook, CA 92028

2Beds
1Baths
896Sq Ft
1946Built
186Days Listed
1Lot Sq Ft

Listed by Rebecca Monge, Compass | 760-912-4731

About This Property

Rare Legacy Property in Fallbrook First Time Offered in 73 Years Step into the heart of Fallbrooks coastal country living with this rare 1.16-acre homestead, filled with charm, history, and endless possibilities. For the first time in over seven decades, this beloved family property is available to the public. The 2-bedroom, 1-bath farmhouse is full of character, featuring original hardwood floors, built-in wardrobes, a wood-burning fireplace, and a sunlit mudroom with a built-in breakfast nookperfect for soaking in peaceful south-facing views and ocean breezes with your morning coffee. Thoughtful updates include a remodeled kitchen, energy-efficient windows, ductless mini-split A/C, and all-electric appliancesproviding a solid foundation for your vision and future enhancements, such as solar power. Outside, the property embraces a slower, more sustainable lifestyle: hang laundry on the line, tend your own food forest, gather fresh eggs, or watch horses graze at sunset. Fencing, corrals, and extra materials are already in place to adapt for animals. Mature fruit treessapote, cherimoya, and macadamiadot the landscape. A detached 2-car garage has been converted into an apartment, offering flexibility for guest space, rental income, or restoration back to its original use. Whether you dream of a homestead, hobby farm, or simply a peaceful retreat, this one-of-a-kind property offers timeless character, modern comforts, and a story ready for its next chapter.

Property Details

Property Type
Detached
Bedrooms
2
Bathrooms
1
Building Area
896 Sqft
Living Area
896 sqft
Year Built
1946
Stories
1.0
Status
Active
Days on Market
186
Cumulative Days on Market
85
Original Price
$770,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Fallbrook Market Snapshot

225

Active Listings

$889K

Median Price

92

Avg Days on Market

Last updated: Nov 23, 2025

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$742,000