A rare opportunity to own over 68 acres in Rainbow Heights, Fallbrook, offered as three separate parcels with endless potential. This unique property is perched high above the valley, showcasing panoramic views of Pauma Valley, Palomar Mountain, and out to the Pacific Ocean. Rough cut building areas sit along the ridgeline, offering excellent locations for a custom estate, retreat, or family compound. The land includes approximately ten acres of gently sloping and flat terrain on the northeastern side, with agricultural potential. A 40’ x 22’ metal building with three connected cargo containers provides a workshop and abundant storage space. Additional infrastructure includes one 10,000-gallon and three 5,000-gallon water tanks, a 1” water line connection, and electricity available at the street. Rough-cut roads connect multiple access points across the property, though re-grading will be needed. Zoned Agricultural, the property supports a wide variety of potential uses — from equestrian facilities and farming, to vineyards, homesteading, or even a private retreat or glamping site. Just minutes from I-15, yet surrounded by the privacy of Fallbrook’s rolling hills, this property combines accessibility with space and seclusion. ? All information deemed reliable but not guaranteed. Buyer to verify all.
Lot/land
Listing Provided by:
Sharon Corcoran DRE #01152204 760-522-1972,
HomeSmart Realty West
$999,999
0 Rainbow Heights Rd, Fallbrook, CA 92028
--beds
--baths
68.42Acres
Unimproved Land
Built in ----
68.42 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Agricultural potentialAbundant storage space
- 104 days |
- 103 |
- 10 |
Zillow last checked: 9 hours ago
Listing updated: September 02, 2025 at 10:39am
Listing Provided by:
Sharon Corcoran DRE #01152204 760-522-1972,
HomeSmart Realty West
Source: CRMLS,MLS#: NDP2508515
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Wood
- Has view: Yes
- View description: Hills, Mountain(s), Orchard, Peek-A-Boo, Rocks, Valley
Lot
- Size: 68.42 Acres
- Features: Agricultural, Orchard(s), Sprinkler System, Steep Slope
- Topography: Sloping
Details
- Additional parcels included: 1092310100 1092330200
- Parcel number: 1094110400
- Zoning: AGRICULTURAL
- Special conditions: Standard
- Horse amenities: Riding Trail
Utilities & green energy
- Electric: Photovoltaics Seller Owned
- Sewer: None, Septic Tank
- Utilities for property: Sewer Not Available
Community & HOA
Community
- Features: Foothills, Horse Trails, Mountainous, Rural, Valley
Location
- Region: Fallbrook
Financial & listing details
- Date on market: 8/30/2025
- Listing terms: Cash,Conventional,Owner May Carry,Owner Pay Points
Estimated market value
Not available
Estimated sales range
Not available
$2,612/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2025 | Listed for sale | $999,999+185.7% |
Source: | ||
| 7/21/2023 | Sold | $350,000-22.2% |
Source: | ||
| 7/21/2023 | Pending sale | $449,900 |
Source: | ||
| 6/12/2023 | Contingent | $449,900 |
Source: | ||
| 4/21/2023 | Price change | $449,900+80% |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 92028
Nearby schools
GreatSchools rating
- 7/10Live Oak Elementary SchoolGrades: K-6Distance: 0.2 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 0.4 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 2.1 mi
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