0 Rainbow Heights Fallbrook, 92028

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Virtual Tour of 0 Rainbow Heights , Fallbrook 92028

Property Description

92+ Acres encompassing 11 legal & large estate lots sold together offer an outstanding investment opportunity to purchase these lots at approximately $90,000 apiece, then build out each lot with beautiful estate homes in a beautiful area of ranch & grove estates. The area is called "Rainbow Highlands" and has the BEST views in Fallbrook looking west to the ocean and east to the snow-capped mountains. The estates are protected with CC&R's & Road Maintenance Agreement (2,500 sq. ft. stick-built homes). At present, there is one parcel #59 ready to build on with water meter, power & updated septic layout. All other parcels have septic approval. Power is to or near all 11 lots and water meters are on many of the lots. A cul-de-sac services 5 lots. A new paved 24' wide road to development is from Rainbow Heights (Camp) Rd. You'll find absolute solitude and only 5 minutes to access I-15, with downtown Fallbrook, Bonsall and Temecula nearby. APNs: 109-310-50, 109-310-51, 109-310-52, 109-310-53, 109-310-57, 109-310-58, 109-310-59, 109-310-61, 109-310-62, 109-310-63, 109-310-64

General Information

Listing Attribution:
Sunshine Properties RealEstate jenaroramirez453@gmail.com
Listing Agent:
Jenaro Ramirez
CalBRE#:
02104296
Price:
$900,000
Status:
Active
Listing Updated:
12/21/2023
List Date:
2/24/2023
Close Date
Square Feet:
{SquareFeet}
Bedrooms:
{Beds}
Bathrooms:
{Bathrooms}
Garage Spaces:
{GarageSpaces}
Year Built:
{YearBuilt}
City:
Fallbrook
Zip:
92028
County:
San Diego
MLS ID:
NDP2301401
Buyer Brokerage Compensation:
2.500%
Buyer Brokerage Compensation Disclaimer:
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Home Features

Interior Features:
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Exterior Features:
{ExteriorFeatures}
Appliances:
Flooring:
{Floor}
Laundry:
{LaundryType}
Architectural Style:
Levels:
{Levels}
Fireplace Features:
{FireplaceFeatures}
Cooling:
{Cooling}
Heating:
{Heating}
Utilities:
Electricity Available, Electricity Connected, Propane, Underground Utilities
Pool Type Features:
{PoolType}
Spa Features:
{Spa}
Construction Materials:
{Construction}
Roofing:
{Roof}
Water Source:
See Remarks
Sewage:
Other, Perc Test On File
Accessibility Features:
{AccessibilityFeatures}

Community Information

MLS Area:
92028 - Fallbrook

Lot Information

Lot Size (sq feet):
5,148,792

Location Information

Directions:
Rainbow Valley, Eight Street, Rice Canyon, Rainbow Heights stay left at top of mountain and follow signs to Cal-Fire Conservation Camp.

What's Nearby? : 0 Rainbow Heights Fallbrook, 92028

Current Market Comparison

Subject
Subject
Active
Active
closed
Closed
Best0.5 Miles
Better1 Miles
Good1.5 Miles
Fair2 Miles

Subject Property

0 Rainbow Heights Fallbrook CA 92028

Property Type:
Bedrooms:
Bathrooms:
Interior SqFt:
Interior Stories:
Year Built:

2 Closed Properties

Address
Distance/Miles
Closed Price
Details
1.16 Miles
$650,000
1.17 Miles
$725,000
There are no comparable active properties available at this time.