The Collaborative International Dictionary of English v.0.48:
Fabulosity \Fab`u*los"i*ty\, n. [L. fabulositas: cf. F.
fabulosit['e].]
1. Fabulousness. [R.] --Abp. Abbot.
[1913 Webster]
2. A fabulous or fictitious story. [R.] --Sir T. Browne.
[1913 Webster]