Rare Legacy Property in Fallbrook – First Time Offered in 73 Years Step into the heart of Fallbrook’s 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 nook—perfect 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 appliances—providing 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 trees—sapote, cherimoya, and macadamia—dot 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
Price:
$742,000
MLS #:
NDP2508248
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92028fallbrook
Listed Date:
Nov 22, 2025
Finished Sq Ft:
896
Lot Size:
50,530 sqft / 1.16 acres (approx)
Year Built:
1946
See this Listing
Schools
School District:
Fallbrook Union
Interior
Bathrooms
1 Full Bathroom
Cooling
DUC
Laundry Features
IN, WH
Exterior
Community Features
RUR
Financial
Map
Community
- Address2163 Gracey LN Fallbrook CA
- CityFallbrook
- CountySan Diego
- Zip Code92028
Subdivisions in Fallbrook
Market Summary
Current real estate data for Single Family in Fallbrook as of Dec 08, 2025
145
Single Family Listed
82
Avg DOM
462
Avg $ / SqFt
$1,100,717
Avg List Price
Property Summary
- 2163 Gracey LN Fallbrook CA is a Single Family for sale in Fallbrook, CA, 92028. It is listed for $742,000 and features 2 beds, 1 baths, and has approximately 896 square feet of living space, and was originally constructed in 1946. The current price per square foot is $828. The average price per square foot for Single Family listings in Fallbrook is $462. The average listing price for Single Family in Fallbrook is $1,100,717.
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