5521 Rainbow Heights Road, Fallbrook, CA 92028

$749,000
1
BD
1
BA
888
SqFt

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List Price
$749,000
Status
ACTIVE
MLS#
V1-39305
Year Built
2015
Bedrooms
1
Bathrooms
1
Living Sq. Ft
888
Lot Size
84,942
Acres
1.95
Days on Market
0
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

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.

Additional Information

Other Buildings
Shed(s), Storage
Appliances
Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Pool Description
None
Heat
Propane
Cooling
Yes
Cooling Description
Central Air
View
Canyon, Hills, Mountain(s), Ocean, Panoramic, Rocks, Trees/Woods
Patio
Deck
Sewer
Septic Tank
Water
Public
Elementary School
Fallbrook
Interior Features
Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Living Room Deck Attached, Open Floorplan, Bedroom on Main Level, Walk-In Closet(s)
Attached Structure
Detached

Listing courtesy of Listing Agent: Omar Ortiz (omar@myrealtyca.com) from Listing Office: My Realty Company, Inc..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.