Property Description
This rare legacy property invites you into the heart of Fallbrook’s coastal country living, full of charm, history, and endless potential. For the first time in 73 years, this beloved family homestead is being offered to the public. Set on a beautiful 1.16-acre, horse-friendly parcel, this 2-bedroom, 1-bath farmhouse presents a unique opportunity to bring your vision to life in a truly special setting. Full of character and warmth, the home features original hardwood flooring, built-in wardrobes, a wood-burning fireplace, and a sun-drenched mudroom with a cozy built-in breakfast nook—perfect for enjoying the peaceful sunsets, mountain and field views or enjoying the ocean breeze with your morning coffee, Thoughtful updates include a new kitchen, energy-efficient windows, ductless mini-split air conditioning, and all-electric appliances—providing a solid foundation for your personal touches and future upgrades, such as solar power. This property invites a return to a slower, more sustainable lifestyle—hang your laundry on the line, grow your own food forest, collect fresh eggs from your chickens, and enjoy the freedom of open space and stunning sunsets. Some fencing and corrals are already in place, with additional materials on site that can be used or reconfigured to suit your horses or other animals. Mature fruit trees—including sapote, cherimoya, and macadamia—dot the landscape. A detached 2-car garage has been converted into an apartment, offering potential for completion or restoration back to its original use. Whether you're dreaming of a homestead, hobby farm, or simply a peaceful place to call your own, this one-of-a-kind property offers endless potential and a story waiting for its next chapter.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$10,785
TurboHome Estimated Value
$744,500
$831 sqft
High Valuation
$781,725
$872/sqft
Normal Valuation
$744,500
$831/sqft
Low Valuation
$707,275
$789/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $831/sqft | $744,500 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$605K
$699K
$770K
1054 Hughes Ln, Fallbrook, CA 92028
Sale Price: $605,000
Selected Comparable
3324 Hillside Ln, Fallbrook, CA 92028
Sale Price: $699,000
Selected Comparable
2163 Gracey Ln, Fallbrook, CA 92028
List Price: $770,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT2163 Gracey Ln, Fallbrook, CA 92028
List: $770,000
Listed: 5/14/2025
Area:896 sqft
Price/sqft:$859
Beds:2
Baths:1
Year Built:—
Lot Size:50,529
Comparable Properties
COMPARABLEChoose comps
1054 Hughes Ln, Fallbrook, CA 92028
Sale: $605,000
10/8/2024 • 1.43 mi
Area:1,026 sqft
Price/sqft:$590
Beds:2
Baths:1
Year Built:—
Weight:66.4%
3324 Hillside Ln, Fallbrook, CA 92028
Sale: $699,000
12/2/2024 • 1.31 mi
Area:1,187 sqft
Price/sqft:$589
Beds:3
Baths:2
Year Built:—
Weight:33.6%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
2163 Gracey Ln, Fallbrook, CA 92028 | $770,000 | 896 | $859 | 50,529 | — | 5/14/2025 | 2 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1054 Hughes Ln, Fallbrook, CA 92028 | $605,000 | 1,026 | $590 | 43,560 | 1.43 mi | 10/8/2024 | 2 | 1 | — | 66.4% | |
3324 Hillside Ln, Fallbrook, CA 92028 | $699,000 | 1,187 | $589 | 74,052 | 1.31 mi | 12/2/2024 | 3 | 2 | — | 33.6% |
Nearby Listings
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List Price: $875,000
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