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2163 Gracey Lane Fallbrook, CA 92028
$785,000 2 beds, 1 baths
896 sqft
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Agent Remarks

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 south-facing views 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. 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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# NDP2504752
List price is $785,000
HOA Fee is $0.00
Beds: 2
Baths: 1 (1 full)
Living Room fireplaces
Built in 1946
896 sqft
1 story
1.16 acres
Lot size: 1.1600
County: San Diego
Zoning: R-1:Single Fam-Res
Lot description: Horse Property
Heating/cooling: Ductless,See Remarks,Wall/Window Unit(s)
MLS area: 92028 - Fallbrook

Last Updated: 5/15/2025

 Find more Fallbrook homes and real estate

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This listing belongs to the 92028 - Fallbrook MLS area

Lat/Long: 33.346524, -117.211144.
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Listing Agent: Rebecca Monge
Co Listing Agent: Alysha Tanksley
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Lic#: 01276603

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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