3027 Rainbow Valley Boulevard
Fallbrook, CA 92028
243,065Sqft(Lot)
Prime Hotel/Commercial Land Opportunity with Freeway Exposure Incredible development opportunity located near the corner of Old Highway 395 and Rainbow Valley Boulevard with premium visibility from both northbound and southbound I-15. This strategically positioned parcel is zoned for hotel or related commercial use, making it ideal for a high-traffic hospitality project. Just under 6 Acres. Property includes a small existing residence and a 1,800 sq ft agricultural building, offering potential for interim use or storage during development. Current list price reflects land as-is; however, for $3 million, the sale can include grading work valued at $750,000, septic system installation, engineering and permit expenses, and project management oversight—significantly accelerating your develop
Property Details
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Map
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Features
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 5.58 -
Lot Size Source: Assessor Lot Size Square Feet: 243065
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Listing Price Information
Original List Price: 2,000,000 Listing Contract Date: 2025-07-08 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 1022305300
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Other Property Info
Source Listing Status: Active Source Neighborhood: 92028 - Fallbrook Postal Code Plus 4: 8860 Directions: Near Corner of Rainbow Valley Boulevard and Old Highway 395 Zoning: C44 Source Property Type: Land Area: 92028 - Fallbrook
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7119 Rainbow Heights Rd, Fallbrook, CA, 92028 | $450,000 | -- | -- | -- | 822,848.40 Sqft(Lot) |
| Rainbow Heights Road, Fallbrook, CA, 92028 | $275,000 | -- | -- | -- | 729,630 Sqft(Lot) |
| Mt. Olympus Valley Road, Fallbrook, CA, 92028 | $349,900 | -- | -- | -- | 435,600 Sqft(Lot) |
| Mt Olympus Valley Road, Fallbrook, CA, 92028 | $419,900 | -- | -- | -- | 2,031,638.40 Sqft(Lot) |
| 6465 Rainbow Heights, Fallbrook, CA, 92028 | $375,000 | -- | -- | -- | 1,793,800 Sqft(Lot) |
| Rainbow Peaks Trail, Fallbrook, CA, 92028 | $355,000 | -- | -- | -- | 261,360 Sqft(Lot) |
| 10148 Alex Road, Fallbrook, CA, 92028 | $400,000 | -- | -- | -- | 1,141,707.60 Sqft(Lot) |
| Rainbow Peaks, Fallbrook, CA, 92028 | $349,990 | -- | -- | -- | 209,088 Sqft(Lot) |
| 38942 Jubilee Way, Fallbrook, CA, 92028 | $499,000 | -- | -- | -- | 269,636.40 Sqft(Lot) |
| 6758 Rainbow Heights, Fallbrook, CA, 92028 | $340,000 | -- | -- | -- | 934,362 Sqft(Lot) |
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ByOwner last updated this listing 06/05/2026 @ 11:02
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