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Rainbow Peaks Trail

Fallbrook, CA 92028
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SqFt261,360

Sqft(Lot)

Welcome to Rainbow, a peaceful community located on the east side of the I-15 in Fallbrook, just off Mission Road. About 10 minutes from the freeway, this property sits high above the valley in a special microclimate where the weather is ideal—tempered by unobstructed ocean views and refreshing coastal breezes. Situated along Rainbow Peaks Road, this parcel truly lives up to its name. Perched near the very top of the mountain, it offers panoramic views in every direction—westerly vistas of the Pacific Ocean and easterly views of the snow-capped mountains. Once part of a working avocado grove, the land still features several mature, producing avocado trees. This parcel is considered the premium lot of the subdivision, boasting the original commercial well that once serviced all the lots bef ore subdivision. Now owned exclusively by this parcel, the well is nearly 1,000 feet deep—an asset worth an estimated $100,000 to reproduce. The well is powered by a 200-amp electrical service, which is ready to handle much more. In addition, the property also has a water meter—offering the best of both worlds for reliable supply and fire safety. At the top of the property, a natural saddle between two peaks provides the perfect home site—an ideal location to take in both the westerly ocean sunsets and the easterly mountain sunrises. Septic engineering has already been completed. The parcel is located on a cul-de-sac with a paved, 24-foot-wide road, and as a corner lot, it offers convenient access from two sides. A gentle area below the top pad site provides additional building potential, surrounded by striking boulders and a beautiful Canary Island date palm. The lower portion of the property also includes legally deeded access along the power lines, additional usable land, and available electrical service. Whether you envision your main home at the top and an ADU below—or vice versa—there’s ample space for flexible design. There’s plenty of room for a workshop, barn, stables, RV or boat parking, and more. The property carries an L animal designator, allowing for a wide range of uses. No exaggeration—this is the best lot in the subdivision, fully loaded with utilities, views, and usability. A rare opportunity to build your dream home at the peak of Rainbow Peaks!

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Detail Ic Property Details

Property Type : Land

Price : $355,000

AD Id : 68469504

MLS Id : NDP2510569

Lot Size : 261,360 Sqft(Lot)

County : San Diego

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Feature Features

  • Lot Information

    Lot Dimensions: 984 x 232 x 927 x 300 Main Square Feet: 6 Lot Size Acres: 6 Lot Size Source: Assessor Lot Size Square Feet: 261,360 Lot Description: 6-10 Units/Acre

  • Listing Price Information

    Listing Price: $355000
    Conventional

  • Tax Information

    Parcel Number: 1093108200

  • Location Information

    Direction: Follow the map and stay slight right at the fork of Rainbow Heights Rd, at the top. WaterSource: Agricultural Well
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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, 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)
Old Highway 395, Fallbrook, CA, 92028 $2,000,000 -- -- -- 4,617,360 Sqft(Lot)

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ByOwner last updated this listing 07/21/2026 @ 02:08

MLS: NDP2510569 LISTED BY: Benjamin Williams, Coldwell Banker Realty 858-755-0075 SOURCE: CRMLS

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