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Status: ACTIVE

6133 Rainbow Heights Rd 
Fallbrook, CA 92028

$749,900

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Welcome to 6133 Rainbow Heights Rd, an exceptional 4.25-acre investment opportunity in the sought-after hills of Fallbrook. Zoned Agricultural and offering 360-degree panoramic views, this unique property is perfect for those looking to capitalize on multi-family development, generational living, ADU additions, or flip projects. Featuring two existing fixer units, the lot presents immediate upside for investors or owner-builders. Renovate and resell the existing 2bd 1ba detached home and 1bd 1ba ADU, add units for rental income, or design a custom estate with multiple dwellings, the flexibility is unmatched. With existing utilities on site, the path to development is already in motion. Surrounded by custom homes and tucked in a peaceful setting, this is the kind of property where vision becomes reality. Located in the 92028 zip code and just minutes from downtown Fallbrook, Temecula wine country, and North San Diego County, you’ll enjoy easy access to shopping, dining, and freeways while still savoring rural charm. Whether you're building a multi-generational retreat, creating an income-producing property, or searching for a high-upside flip opportunity, this is a rare find in one of Southern California’s most promising investment pockets.
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Bedrooms
2
Baths
1
House Size
1,826 sqft
Year Built
1970
Lot Size
4.25 ac

Location

Market Insights

In the last 30 days, homes for sale in 92028, Fallbrook, CA were on the market for a median of 60 days and 6.67% of homes sold above list price.

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Interior Information

fireplace
Living Room
view
Panoramic
Mountain(s)
Valley

Exterior Information

fence
Gate
roof
Shingle

Property Information

parking
Attached
sewer
Unknown
Septic Tank
subdivision name
Fallbrook
  • Listed By Karla L Mexia
  • karla@neighborhoodrealtor.net
  • (619) 393-3118
  • Premier Agency Real Estate Inc.
  • (619) 393-3118
  • Broker@PremierAgencyRE.com
  • MLS 250034899

Monthly Payments Calculator

Estimated Monthly Cost

$4,776

30 year fixed·6.9% interest rate
Principal & Interest
$3,951
Property Taxes
$625
Home Insurance
$200
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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