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

2494 Donnil Lane
Fallbrook, California 92028
Property Price
SUMMARY
Analysis of 2494 Donnil Lane, Fallbrook, California 92028 is currently available with a list price of $998,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property features a 1976 'Barndominium' and a newer 2017 casita. While the main house has received some recent updates such as new LVP flooring, the primary kitchen and bathrooms remain dated with a rustic style consistent with the original construction. The property is well-maintained and functional, but the main living structures show signs of age and require modernization to meet current contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 2326.
- Expansive Acreage & Versatility
Spanning 59 acres, this rare property offers immense scale with multiple building sites, agricultural potential, and extreme privacy, providing a blank canvas for a custom estate or ranch.
- Proven Income Generation
The property features a separate 600 sq. ft. casita and RV hookups that have historically generated up to $4,000 per month, offering immediate cash flow for an owner-user or investor.
CONSRISKS & DEFICIENCIES
- Dated Primary Residence
The original 1976 barndominium is described as rustic and likely requires substantial modernization or a complete overhaul to align with the value of the surrounding land.
- Rugged Topography Challenges
While offering natural beauty, the dramatic boulders and untouched native environment may present high costs for grading, land clearing, and ongoing road maintenance.
About 2494 Donnil Lane
Private and peaceful 59-acre ranch in Fallbrook offering incredible value and versatility. This is truly a lot for the money! 59 acres, income potential, views, and natural beauty in an untouched native environment. The rustic Barndominium (approx. 1,726 sq. ft., built 1976) features new LVP flooring upstairs, an upper-level loft with kitchen, living, and dining areas, plus a lower level with laundry, storage, additional room, and second bath. A separate approx. 600 sq. ft. casita (built 2017) adds flexible living space ideal for guests, rental income, or glamping. Property has generated up to $4,000/month. Improvements include fenced yard, outdoor shed, two 1" water meters, two electric meters, RV pad with hookups, and existing asphalt and dirt grove roads from the former avocado operation. The land showcases dramatic boulders, ridgelines, sweeping ocean views, multiple building sites, and areas of flat usable space ideal for farming, horses, barns, or a custom estate. Explore and you’ll find a seasonal creek and pond, spring wildflowers, wildlife, and cool ocean breezes. Private, rural, and removed from neighboring homes. A true rare find with space to expand, build, or enjoy as-is. Make sure to view the virtual tour! (Potential Financing Source Available)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 2,570,911.25 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 32% |
| Square foot | 2,326 | 2,285 | 52% |
| Lot Size | 2,570,911.25 | 27,007.1 | 99% |
| Price | $998.0K | $917.5K | 56% |
| Price per sq ft | $429 | $423 | 54% |
| Built year | 1976 | 1991 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 178 | 5% |
Pricing History
Listed for Sale
Feb 27, 2026
$998,000
Initial Listing
Sold
Aug 1, 2007
$760,000
Public Record




























































