Old Highway 395
Fallbrook, CA 92028
731,808Sqft(Lot)
Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the Rainbow Restaurant 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 advertising potential is just icing on
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: 16.8 -
Lot Size Source: Public Records Lot Size Square Feet: 731808
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Listing Price Information
Original List Price: 777,000 Listing Contract Date: 2026-06-16 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 1025301900 Annual Tax: 2300
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Other Property Info
Source Listing Status: Active Source Neighborhood: 92028 - Fallbrook Directions: Parcels border east and south of Rainbow Restaurant 16 acres down to the billboard 1/2 mile south on 395. 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 | $399,900 | -- | -- | -- | 2,031,638.40 Sqft(Lot) |
| 6465 Rainbow Heights, Fallbrook, CA, 92028 | $350,000 | -- | -- | -- | 1,793,800 Sqft(Lot) |
| Rainbow Peaks Trail, Fallbrook, CA, 92028 | $355,000 | -- | -- | -- | 261,360 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) |
| Rainbow Crest, Fallbrook, CA, 92028 | $225,000 | -- | -- | -- | 94,090 Sqft(Lot) |
| 3027 Rainbow Valley Bou.., Fallbrook, CA, 92028 | $2,000,000 | -- | -- | -- | 243,065 Sqft(Lot) |
Similar Land To Old Highway 395
Nearby For Sale
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ByOwner last updated this listing 07/03/2026 @ 07:43
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