Old Highway 395
Fallbrook, CA 92028
16.80Acres(Lot)
Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, on Historic Old Highway 395. These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The
Property Details
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Map
What's Nearby
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Features
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Lot Information
Main Square Feet: 16.8 Lot Size Acres: 16.8 Lot Size Source: PublicRecords Lot Size Square Feet: 731,808 Lot Description: LotOver40000SqftProperty Information
Subdivision: Fallbrook Source Property Type: Land
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Listing Price Information
Listing Price: $777000Cash, Conventional, Exchange1031, FHA, TrustConveyance, TrustDeed, VaLoan
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Tax Information
Parcel Number: 1025301900 Annual Tax: $2300
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Utility Information
CableAvailable, ElectricityAvailable, NaturalGasAvailable, PhoneAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: Parcels border east and south of Rainbow Restaurant 16 acres down to the billboard 1/2 mile south on 395. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Olive Hill Rd, Fallbrook, CA, 92028 | $4,660,000 | -- | -- | -- | Acres (Lot)-- |
| 7119 Rainbow Heights Rd, Fallbrook, CA, 92028 | $450,000 | -- | -- | -- | 822,848.40 Sqft(Lot) |
| Mt Olympus Valley Road, Fallbrook, CA, 92028 | $399,900 | -- | -- | -- | 46.64 Acres(Lot) |
| 6465 Rainbow Heights, Fallbrook, CA, 92028 | $350,000 | -- | -- | -- | 1,793,800 Sqft(Lot) |
| Rainbow Peaks Trail, Fallbrook, CA, 92028 | $355,000 | -- | -- | -- | 6 Acres(Lot) |
| 38942 Jubilee Way, Fallbrook, CA, 92028 | $499,000 | -- | -- | -- | 6.19 Acres(Lot) |
| 6758 Rainbow Heights, Fallbrook, CA, 92028 | $340,000 | -- | -- | -- | 934,362 Sqft(Lot) |
| 5589 Rainbow Creek Road, Fallbrook, CA, 92028 | $475,000 | -- | -- | -- | 11.76 Acres(Lot) |
| 9927 Modrigan Lane, Fallbrook, CA, 92028 | $1,200,000 | -- | -- | -- | 45.18 Acres(Lot) |
| Rainbow Crest, Fallbrook, CA, 92028 | $225,000 | -- | -- | -- | 94,090 Sqft(Lot) |
Similar Land To Old Highway 395
Nearby For Sale
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ByOwner last updated this listing 08/18/2026 @ 00:13
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