$355,000
 $1,906 est/mo Sourced by Back At You

Rainbow Peaks Trail,Fallbrook, CA 92028

Fallbrook, CA 92028

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Description

Welcome to Rainbow, a peaceful community located on the east side of the I-15 in Fallbrook, just off Mission Road. About 10 minutes from the freeway, this property sits high above the valley in a special microclimate where the weather is ideal-tempered by unobstructed ocean views and refreshing coastal breezes. Situated along Rainbow Peaks Road, this parcel truly lives up to its name. Perched near the very top of the mountain, it offers panoramic views in every direction-westerly vistas of the Pacific Ocean and easterly views of the snow-capped mountains. Once part of a working avocado grove, the land still features several mature, producing avocado trees. This parcel is considered the premium lot of the subdivision, boasting the original commercial well that once serviced all the lots before subdivision. Now owned exclusively by this parcel, the well is nearly 1,000 feet deep-an asset worth an estimated $100,000 to reproduce. The well is powered by a 200-amp electrical service, which is ready to handle much more. In addition, the property also has a water meter-offering the best of both worlds for reliable supply and fire safety. At the top of the property, a natural saddle between two peaks provides the perfect home site-an ideal location to take in both the westerly ocean sunsets and the easterly mountain sunrises. Septic engineering has already been completed. The parcel is located on a cul-de-sac with a paved, 24-foot-wide road, and as a corner lot, it offers convenient access from two sides. A gentle area below the top pad site provides additional building potential, surrounded by striking boulders and a beautiful Canary Island date palm. The lower portion of the property also includes legally deeded access along the power lines, additional usable land, and available electrical service. Whether you envision your main home at the top and an ADU below-or vice versa-there's ample space for flexible design. There's plenty of room for a workshop, barn, stables, RV or boat parking, and more. The property carries an L animal designator, allowing for a wide range of uses. No exaggeration-this is the best lot in the subdivision, fully loaded with utilities, views, and usability. A rare opportunity to build your dream home at the peak of Rainbow Peaks!

Details

MLS #NDP2510569
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site298
Listing Provided ByColdwell Banker Realty | Benjamin Williams

Features

ZoningResidential and Agricultu
Acreage6.00
Property ViewYes

Exterior

Lot FeaturesSix To Ten Units Acre

Utilities

SewerEngineered Septic

Location

Community FeaturesBiking, Hiking, Horse Trails

Area Information

StateCA
CountySan Diego
CityFallbrook
Zip Code92028
Area92028 Fallbrook
Sourced by Back At You

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Learn More About This Property

StateCA
CountySan Diego
CityFallbrook
Zip Code92028
Area92028 Fallbrook
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $266K - $443K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
38942 Jubilee Way Property Photo 1
$499,000
38942 Jubilee Way
Fallbrook, CA 92028
Listing Updated: August 28, 2026 at 5:01:32 PM PDT
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