5540 Rainbow Heights Road Fallbrook, CA 92028
Stunning 2.33-Acre Lot with Panoramic Views - Ready to Build! Nestled among custom homes on a paved road, this exceptional 2.33-acre parcel offers the perfect setting for your dream home. Enjoy breathtaking pastoral views, and on a clear day, catch a glimpse of the Pacific Ocean shimmering in the distance. The location strikes the perfect balance between peaceful rural living and convenient access to key destinations: I-15 On-ramp - just 3 miles away Temecula & Award-Winning Wineries - 5 miles Premier Resorts & Local Gaming - 7 miles Escondido - 24 miles San Diego - 53 miles. The owner has invested thousands in completing a PercTest, site plans and Engineer Report for placing a 3 bedroom Manufactured home on the property (reports available for review). The property is well-equipped for development, featuring an installed water meter, electricity approximately 100 feet away, and a fire hydrant within 1,000 feet for added safety. Don't miss this incredible opportunity to build in a prime location with stunning views. Call today for more details!
property details
Utility & Building Info
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Price History
| date | event | price | source |
|---|---|---|---|
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11/21/2025
11/21/2025
|
Active |
$249,999
|
CA Regional MLS (CRMLS) |
|
11/07/2025
11/07/2025
|
Active |
$264,990
|
CA Regional MLS (CRMLS) |
|
09/18/2025
09/18/2025
|
Active |
$264,999
|
CA Regional MLS (CRMLS) |
|
09/12/2025
09/12/2025
|
Active |
$274,900
|
CA Regional MLS (CRMLS) |
|
08/14/2025
08/14/2025
|
Active |
$274,990
|
CA Regional MLS (CRMLS) |
|
07/21/2025
07/21/2025
|
Active |
$274,999
|
CA Regional MLS (CRMLS) |
|
05/24/2025
05/24/2025
|
Active |
$299,000
|
CA Regional MLS (CRMLS) |
|
05/13/2025
05/13/2025
|
Active |
$299,900
|
CA Regional MLS (CRMLS) |
|
05/01/2025
05/01/2025
|
Active |
$299,990
|
CA Regional MLS (CRMLS) |
|
03/07/2025
03/07/2025
|
Active |
$299,999
|
CA Regional MLS (CRMLS) |
Market Trends
Source: Constellation1
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