2437 Gracey Lane
1 / 20

2437 Gracey Lane

Cdirt

Fallbrook, CA 92028

$480,000

Lot Size

2.36 acres

Asking $/Acre

$203,389

Days on Market

45

Property Type

Land

HOA/mo

N/A

MLS ID

NDP2609029

This property is in Fallbrook (92028). View the Fallbrook land market →

About This Property

Price Improvement! Build-ready homesite. You're buying time and infrastructure already in place, saving you tens of thousands of dollars! This hidden gem at 2437 Gracey Lane in Fallbrook gives you a serious head start on building your dream home. Tucked at the end of a quiet, secluded street, this property is fully prepared for development. The current owner has already completed the County-approved Covenant of Improvements, secured an approved septic layout, submitted the initial grading and building plans, and started the review process with San Diego County Planning and Development Services. And here’s another huge game-changer: there’s already a 1-inch water meter and an SDG&E electrical pad-mounted transformer installed on-site —saving you tens of thousands of dollars and putting you many months ahead of time in the planning and building process. Now, it doesn’t stop there! Take in this view: breathtaking and sweeping sunrises over Palomar Mountain, views of Fallbrook’s wineries, your very own private avocado orchard, and magnificent sunsets all from your future home. If you have considered building your dream home, opportunities like this don’t come around often. The time is to act now!

Location

Loading map...

What a Buyer Will Check

Caution: fire, hillside

About 2.4 acres of vacant residential land on Gracey Ln, county land with a Fallbrook address, zoned A70, limited agriculture, 1-acre minimum lot. Most of it is steep: lidar puts the median slope at 28%, with 69% of it over 25%, and the soil survey calls it sandy loam, well drained. It sits outside the flood zone, in a High fire zone. No public road frontage was found. Water comes from Emwd Fallbrook Public Utility District. Sewer is unknown.

From FEMA, USGS lidar, the USDA soil survey, CAL FIRE, SANDAG and county and city zoning, checked Nov 7, 2026. Public records, not a survey: confirm with the city or county before you buy.

Want to know more about this land or have questions?

Zoned Schools

  • Elementary

    La Paloma Elementary · grades K-6 · Fallbrook Union Elementary

  • Middle

    James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary

  • High

    Fallbrook High · grades 9-12 · Fallbrook Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Dirt Analysis
Cdirt
93% above comp value
Asking $480,000 vs ~$248,766 implied by sold-land comps
Lot size
2.36 acres
Asking $/acre
$203,389
Zip median $/acre (sold)
$118,705
Comp-implied value
$248,766
Price history
  • Nov 4, 2026$549,999 → $480,000-12.7%

Benchmarked against 2,886 sold-land comps (5-yr, recency-weighted) via zip price-size model · high confidence. Land value is site-specific — zoning, utilities, access, and buildability are not modeled. Not an appraisal.