Views
Address
0 Rainbow Heights Fallbrook, CA
Price
$ 1,300,000
Property Attributes
  • MLS#200002543
  • TypeLand
  • CountySAN DIEGO
  • CityFallbrook
  • AreaFallbrook
  • NeighborhoodFAL
  • Zip92028
  • StyleResidential
  • Price$ 1,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size128.08 Acres
Listing Provided Courtesy Of:
Ralph Foster with Sunshine Properties RealEstate - 760-802-4272
Data Source:
San Diego (CRP Data Share) - 610 -CA
Property Description

118.2 Acres encompassing 13 legal & 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 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). [Supplement]: At present, there are 2 parcels ready to build on with water meters, power & updated septic layouts. All other parcels have septic approval. Power is to or near all 13 lots and water meters are on many of the lots. A cul-de-sac services 5 lots. A new 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: 109-310-49-00, 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, 109-310-63, 109-310-64 and 109-310-83

Price History
9/25/2020 Listed $1,300,000

General Features

Additional Parcels Description []: 109-310-50-00, 109-310-51-00, 109-310-52-00
Co-Listing Agent State License # 01944129
Co-listing Agent Rod Hughes - BRE#01944129
Current Use Residential
Listing Agent Ralph Foster - BRE#00856341
Listing Agent State License 00856341
Lot Size Square Feet 5579159
MLS Area 92028 - Fallbrook
Possible Use Residential
Property Type Land
Senior Community Y/N No
Sewer Other, Perc Test On File
Status Active
Subdivision Name FAL
Terms Cash
Topography Mountainous
Utilities Electricity Available, Electricity Connected, Propane, Underground Utilities
View Hills, Mountain(s), Panoramic
Virtual Tour https://www.dropbox.com/s/pkwoyg8vln9ge5q/RainbowHighLandsFinal.mov?dl=0
Zoning A70

Exterior Features

Fencing See Remarks
Lot Features Irregular Lot, Rolling Slope
Lot Size Acres 128.08
Lot Size Area 5579159
Lot Size Source Assessor
Lot Size Units Square Feet
Road Frontage Type Private Road
View Y/N Yes
Water Source See Remarks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 92028

Price
AVG $1M
$1.3M
Visits
AVG 252
167

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