NOT LISTED FOR SALE

2163 Gracey Ln Fallbrook, CA 92028

Estimated Value: $666,000 - $736,000

2.26 Acres
$317,379 Price per Acre
98,446 Sq Ft Lot

Last Sold February 21, 2023

Last sale price $320,000 $357 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,830/month

139 Days on Market

Highlights

  • Horse Property
  • 2.26 Acre Lot
  • No HOA
  • La Paloma Elementary School Rated 9+
  • View of Hills
  • Partially Fenced Property

About This Lot

As of February 2023

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.

Last Agent to Sell the Property

Pam Tushak

LPT Realty License #00956565 Listed on: 09/22/2022

LPT Realty

Last Buyer's Agent

Pam Tushak

LPT Realty License #00956565 Listed on: 09/22/2022

LPT Realty

Property Details

Property Type

  • Land

Lot Details

  • 2.26 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Partially Fenced Property
  • Livestock Fence
  • Gentle Sloping Lot
  • Property is zoned R - 1

Property Views

  • Views of Hills

Listing and Financial Details

  • Assessor Parcel Number 1071205200

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Property

Property Details

Property Type

Land

Lot Details

2.26 Acres

Listing Details

  • Assessments: No
  • Current Use Comments: vacant land
  • Possible Use: Agricultural, Horses, Residential
  • Possible Use Comments: Vacant land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Well Report: No
  • Zoning: R - 1
  • Property Type: Land
  • Parcel Number: 1071205200
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.25

Exterior Features

  • View: Hills
  • Fence: Yes
  • Fencing: Livestock, Partial

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Horse Property
  • Lot Size: 00000000
  • Lot Size Sq Ft: 98445.60
  • Lot Size Acres: 2.2600

Multi Family

  • Lot Size Area: 2.2600 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Feb 13, 2023
Sold by
Lahmeyer Jane
Bought by
Raymundo Juan Montejo
Seller's Agent
Pam Tushak
LPT Realty
Buyer's Agent
Pam Tushak
LPT Realty
List Price
$320,000
Sold Price
$320,000
Views
79
Current Estimated Value
$717,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,276
Avg. Annual Appreciation
30.41%

Purchase Details

Closed on
Dec 1, 1996
Sold by
Lahmeyer Robert Living Trust 11-28-92 and Philip
Bought by
Lahmeyer Jane Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Raymundo Juan Montejo $320,000 Stewart Title Of California
Lahmeyer Jane Kathleen -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2025 11/22/25 Price Changed $742,000 -1.1% $828 / Sq Ft
11/16/2025 11/16/25 For Sale $750,000 0.0% $837 / Sq Ft
11/07/2025 11/07/25 Pending -- -- --
10/30/2025 10/30/25 Price Changed $750,000 -2.6% $837 / Sq Ft
08/21/2025 08/21/25 For Sale $770,000 +140.6% $859 / Sq Ft
02/21/2023 02/21/23 Sold $320,000 0.0% $357 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
10/24/2022 10/24/22 For Sale $320,000 0.0% $357 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $320,000 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,662 $162,453 $120,449 $42,004
2024 $1,662 $159,269 $118,088 $41,181
2023 $1,622 $156,147 $115,773 $40,374
2022 $1,621 $153,086 $113,503 $39,583
2021 $1,566 $150,085 $111,278 $38,807
2020 $1,578 $148,547 $110,137 $38,410
2019 $1,545 $145,635 $107,978 $37,657
2018 $1,521 $142,780 $105,861 $36,919
2017 $1,489 $139,982 $103,786 $36,196
2016 $1,450 $137,238 $101,751 $35,487
2015 $1,427 $135,177 $100,223 $34,954
2014 $1,399 $132,530 $98,260 $34,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2209742

California Regional Multiple Listing Service (CRMLS)

APN: 107-120-53

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