Rainbow Heights Rd, Fallbrook, CA 92028

118.2 Acres of Agricultural Land Offered at $900,000 USD in Fallbrook, CA 92028

Asking Price $900,000

Property Type
Land
Square Feet
5,148,792 SF

Listing Contacts

Ralph Foster
Ralph Foster
Jenaro Ramirez
Jenaro Ramirez
  • Property Info

Property Overview

118+ acres encompassing 11 legal and large estate lots sold together offer an outstanding investment opportunity to purchase these lots at approximately $100,000 apiece, then build out each lot with beautiful estate homes in a wonderful area of ranch & grove estates. The area is called “Rainbow Highlands” and has the BEST views in Fallbrook looking west toward the coast 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 are 2 parcels ready to immediately build on with water meters, power & septic layouts. All other parcels have septic approval. Power is to or near all 13 lots and water meters on many of these lots. A cul-de-sac services 5 lots. A new 24' wide road to the development is from Rainbow Heights (Camp) Rd. You’ll find absolute solitude and only 5-10 minutes to access I-15, with downtown Fallbrook, Bonsall and Temecula nearby.
APNs: 109-310-49-00, 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, 109-310-64 and 109-310-83

Property Details

Property Subtype
Agricultural

Highlights

  • Build Estate Homes on Mountain Top
  • Forever Views
  • Only minutes to I-15

All available spaces

Space
Lot 1
Size
5,148,792 SF
Price
$900,000

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