LKV Realty
Logo
$650,000
$3,400Reward *
5505 Rainbow Heights Road, Fallbrook, CA 92028Listing ID NDP2607141

5505 Rainbow Heights Road, Fallbrook, CA 92028

Active
Time on site: 14 daysLast updated: 4 days ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,400
Acres
Acres
1.53
Days on Site
Days on Site
13
Cooling
Cooling
None
Year Built
Year Built
1979
Stories
Stories
2
Garages
Garages
2

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 Union School District for High School (and Vallecitos School district for Elementary) 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 Information

Property Details

Location

Address
5505 Rainbow Heights Road
County
San Diego
City
Fallbrook
Zip Code
92028
School District
Fallbrook Union
Elementary School
Vallecitos
MLS Area
92028 - Fallbrook

Interior Features

Beds and Baths

Bedrooms
3
Main Level Bedrooms
1
Full Bathrooms
2

Building

Building Information

Square Feet
1,400
Year Built
1979
Stories
2

Financial

Special Conditions
Standard
AJ MaloneyDaniel Team Realty, (760) 533-8326

Market Report for 92028

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

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