5505 Rainbow Heights Road
Fallbrook, CA 92028
3
Bed
2
Bath
1,400Sqft
66,646Sqft(Lot)
INVESTOR'S DREAM on over 1.5 acres in highly sought-after Rainbow! Available for the first time ever, this 3 bedroom/2 bathroom home sits tucked away on a rare, expansive lot with beautiful mountain views! The detached barn offers generous storage for vehicles or equipment, with a huge upstairs space that presents ADU potential for passive income. Set in the quiet, rural charm of Rainbow, this lot offers plenty of flat land, leaving room for RV parking, animals, storage, or whatever the vision calls for! Located in the Fallbrook Unified School District and just a few miles off the 15 freeway, the property balances privacy with easy access. Opportunities like this rarely come to market. Unincorporated San Diego County!
Property Details
Open House
- 08/01 2 PM-4 PM
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Flooring Information
Carpet, Laminate -
Interior Features
BedroomOnMainLevelAppliances: ElectricRange, Refrigerator, Dryer, WasherLaundry Features: Outside -
Heating & Cooling
Cooling: None
-
Building Information
Year Built: 1979Stories: 2Pool Features: NonePrivate Pool: NoView: Mountains
-
Lot Information
Main Square Feet: 66646 Lot Size Acres: 1.53 Lot Size Source: Assessor Lot Size Square Feet: 66,646 Lot Description: Agricultural
-
Listing Price Information
Listing Price: $650000Cash, Conventional
-
Tax Information
Parcel Number: 1026306900
-
Parking Information
Parking Total: 2Garage Information
Has Garage: Yes Garage Space: 2
-
Location Information
Direction: Heading north on Old HWY 395, turn right onto Rainbow Valley Blvd, continue onto 8th Street, turn right onto Rice Canyon Rd, then turn left onto Rainbow Heights Rd, property is on the righthand side.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 588 Twin Country Ln, Fallbrook, CA, 92028 | $1,799,000 | 4 | 4 | 3,274 | 3,274 SqFt |
| 10204 Mount Olympus Val.., Fallbrook, CA, 92028 | $1,350,000 | 3 | 2 | 2,948 | 2,948 SqFt |
| 39018 Jubilee, Fallbrook, CA, 92028 | $799,000 | 3 | 2 | 1,444 | 1,444 SqFt |
| 38942 Jubilee Way, Fallbrook, CA, 92028 | $499,000 | 3 | -- | 1,175 | 1,175 SqFt |
| 6750 Rainbow Heights Road, Fallbrook, CA, 92028 | $1,295,000 | 4 | 2 | 3,168 | 3,168 SqFt |
| 1991 Via Ladera, Fallbrook, CA, 92028 | $1,400,000 | 3 | 3 | 2,498 | 2,498 SqFt |
| 1485 Via Ladera, Fallbrook, CA, 92028 | $1,299,909 | 4 | 3 | 3,206 | 3,206 SqFt |
| 6133 Rainbow Heights Rd, Fallbrook, CA, 92028 | $699,000 | 2 | 1 | 1,826 | 1,826 SqFt |
| 6036 Rainbow Heights Road, Fallbrook, CA, 92028 | $3,999,000 | 4 | 3 | 2,568 | 2,568 SqFt |
| 5434 Rainbow Heights Road, Fallbrook, CA, 92028 | $935,000 | 3 | 3 | 1,900 | 1,900 SqFt |
Similar Homes To 5505 Rainbow Heights Road
Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 07/31/2026 @ 21:31
More Cities with for Sale by Owner Homes
- Fallbrook Homes For Sale By Owner
- Bonsall Homes For Sale By Owner
- Temecula Homes For Sale By Owner
- Pala Homes For Sale By Owner
- Vista Homes For Sale By Owner
- Murrieta Homes For Sale By Owner
- Oceanside Homes For Sale By Owner
- Valley Center Homes For Sale By Owner
- Carlsbad Homes For Sale By Owner
- San Marcos Homes For Sale By Owner
- Wildomar Homes For Sale By Owner
- Pauma Valley Homes For Sale By Owner
- Lake Elsinore Homes For Sale By Owner
- Escondido Homes For Sale By Owner
- Winchester Homes For Sale By Owner
- Menifee Homes For Sale By Owner
- Canyon Lake Homes For Sale By Owner
- San Clemente Homes For Sale By Owner
- Encinitas Homes For Sale By Owner
- Cardiff by the Sea Homes For Sale By Owner
Homes around $650,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.