$420,000
●
Land -
For Sale
1940 Grey Rabbit Hollow Lane
Fallbrook, CA 92028
Studio
0 Bath
$2,188
Est. Monthly
About This Property
Beautiful 1 acre hilltop parcel with commanding presence and scenic
views in the desirable Fallbrook countryside. This property offers
excellent street frontage and paved road access, creating a highly
visible homesite with strong curb appeal. The elevated setting
makes it an ideal location for a showcase custom estate or dream
home. Utilities including water, electricity, and internet are
available nearby. Surrounded by newly built custom luxury homes
including modern farmhouse and Tuscan-style estates, this parcel
presents an outstanding opportunity to build in a peaceful yet
established neighborhood. Enjoy the rural charm Fallbrook is known
for while still being conveniently located near town, shopping,
dining, and major commuting routes. Buyer to verify utilities,
zoning, and development potential.
Unit Size
-
Days on Market
18 days
Land Size
1.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$125
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 18 days ago (CRMLS #PW26227522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2026 | Listed by California LWF INC | $420,000 | |
| Listed by California LWF INC | |||
Property Highlights
Exterior Details
Lot Features: Corner Lot, ZeroToOneUnitAcre
Lot Size Area: 1.1
Lot Size Units: Acres
Lot Size Acres: 1.1
Lot Size Square Feet: 47916
Tax Lot: 10
Water Source: Public
Financial Details
Tax Annual Amount: $1,500
Utilities Details
Sewer : SepticTypeUnknown
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fallbrook
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Listed by: Pamela Chyba, California LWF INC
Last Updated: 18 days ago
Data Source: CRMLS, MLS# PW26227522
Last Updated: 18 days ago
Data Source: CRMLS, MLS# PW26227522
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