5521 Rainbow Heights Rd

Fallbrook, CA 92028
  • $749,000

    Price
  • 1

    Bed
  • 1

    Bath
  • 888

    SqFt
  • 1.95

    Acre

About the Listing VC9781 - VC152520602

Nearly two acres of elevated Fallbrook Heights land with no HOA, no restrictions on yourvision, and a turnkey 2015-built cottage ready the day you close -- that is the opportunityat 5521 Rainbow Heights Rd. The 1.95-acre parcel sits in the Rainbow Heights corridor ofFallbrook, California's legendary avocado and citrus country, where acreage with thiscombination of usable land, modern construction, and zero HOA constraints is genuinely rare. The 888 sq ft single-family residence, built in 2015 and in nearly new condition, provides a clean, livable anchor while you plan what comes next -- whether that is anADU, an orchard, a hobby farm, outbuildings, or simply the privacy and elbow room that anear-two-acre elevated parcel delivers. The lot scale, the Fallbrook Heights topography,and the absence of HOA oversight are the story here; the move-in-ready cottage is thebonus. Gross rent estimate of approximately $3,716/month supports an investor or househack angle for a cash or portfolio-lender buyer. Cash buyers and land-savvybuyers with portfolio financing are best positioned. Verify all details independently.

Listing Highlights for 5521 Rainbow Heights Rd

Status Active
Days on Site 0
Property Type Residential
MLS ® V1-39305
Year Built 2015
Total Square Footage 888
Lot/Acreage 1.95
County San Diego
Elementary School Fallbrook

Interior Details

  • Bedrooms: 1
  • Bathrooms: 1 Full
  • Appliances: Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Air Cond: Central Air
  • Heating: Propane
  • Fireplaces:
  • Floor: Tile
  • Basement:
  • Other: Ceiling Fan(s),Crown Molding,Separate/Formal Dining Room,Living Room Deck Attached,Open Floorplan,Bedroom on Main Level,Walk-In Closet(s)
  • Water: Public

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: Turnkey
  • Sewer: Septic Tank
  • Parking Features: Asphalt,Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1026306600
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

5521 Rainbow Heights Rd Fallbrook, CA 92028

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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