2494 Donnil Lane, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 2 bath

2494 Donnil Lane, Fallbrook, California 92028 home-pic-0
ACTIVE$1,095,000
2494 Donnil Lane, Fallbrook, California 92028
3Beds
2Baths
1,728Sqft
2,570,911.25Lot
Year Built
1976
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$634
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508712
Home ConditionFair
Features
Excellent View: Ocean, Panoramic
ViewOcean, Panoramic

About this home

We found 3 Cons,6 Pros. Rank: price - $1.09M(68th), sqft - 1728(29th), beds - 3(49th), baths - 2(33th).

A rare find. Private and peaceful 59-acre ranch in Fallbrook featuring a charming “Barndominium,” an additional casita, RV pad with hookups, ocean views, dirt road access, and beautiful natural features throughout the property. The property also generates over $4,000 per month in rental income. Originally built in 1976, the Barndominium offers approx. 1,726 sq. ft. with an upper-level loft that serves as the main living area with a kitchen, living room, and dining space, while the lower level includes laundry, storage, another room, and a second bath. An additional approx. 600 sq. ft. casita (built in 2017) provides extra living space ideal for your glamping lifestyle and unforgettable stargazing nights. Improvements include a fenced yard, outdoor shed, two 1" water meters, two electric meters, and asphalt and dirt grove roads remaining from the former avocado operation. The land showcases dramatic boulder formations, ridgelines, ample flat usable space, and multiple potential building sites—many with sweeping panoramic views. With this much usable ground, the property is well-suited for horses, barns, pastures, riding areas, and additional ag structures. Explore the ranch and you’ll find seasonal creeks, spring wildflowers, distant ocean breezes, a cool morning marine layer, and abundant wildlife. The environment feels untouched, private and peaceful away from neighboring homes. Ideal for ag use, equestrian possibilities, and for those seeking to build a custom residence with expansive views—or even to expand the existing Barndominium. Make sure to view the virtual tour! (Potential Financing Source Available)

Price History

Date
Event
Price
11/21/25
Listing
$1,095,000
08/01/07
Sold
$760,000
Condition Rating
Fair

The main Barndominium, built in 1976, shows significant signs of age and outdated styles, particularly in the kitchen and main living area. The kitchen appears to have original or very old, basic features with wood paneling and dated flooring. The main living space also features extensive wood paneling and old linoleum/vinyl flooring. While the property is functional and livable, as indicated by its rental income, and has seen some minor updates like a mini-split AC unit and newer laminate flooring in a bedroom and bathroom, the primary living spaces require substantial aesthetic and functional updates to meet current standards. There are no apparent structural or safety defects, but the overall condition of the main dwelling's interior is aged and largely outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 2570911, living area = 1728.
Vast Acreage & Development Potential: The property boasts 59 private acres with ample flat usable space, multiple potential building sites, and is well-suited for equestrian or agricultural development.
Substantial Rental Income: Generates over $4,000 per month in rental income, providing immediate cash flow and investment value.
Panoramic Ocean Views: Features sweeping panoramic views, including distant ocean vistas, enhancing desirability and potential property value.
Flexible Living Arrangements: Includes a Barndominium, a newer (2017) casita, and an RV pad with hookups, offering versatile options for living, guests, or additional rental income.
Exceptional Privacy & Natural Setting: Offers a private, peaceful, and untouched environment with dramatic boulder formations, seasonal creeks, and abundant wildlife, away from neighboring homes.

Cons

Dirt Road Access: Access to the property is via a dirt road, which may be a deterrent for some buyers seeking paved convenience and could require ongoing maintenance.
Non-Traditional Main Residence: The primary dwelling is a 1976-built 'Barndominium' of modest size (1,726 sqft), which may not appeal to all buyers looking for a conventional or luxury estate home on such a large parcel.
Potential for Significant Investment: While offering development potential, realizing a grand estate on 59 acres would likely require substantial additional investment beyond the current structures, including potentially building a new primary residence.

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