38942 Jubilee Way
Fallbrook, CA, 92028 $ 600,000
Baths0.0 Monthly Estimate*
$ 3,694
Listed by Coldwell Banker Realty
Studio for $600,000. The lot size is 6.19.
Views! Views! Views! Located in the scenic hills of Fallbrook near Rainbow, this exceptional property offers a rare opportunity to own over 6 acres of usable Southern California countryside. With approximately 6.12 acres, this versatile parcel combines privacy, natural beauty, and incredible potential. Surrounded by rolling hills, mature trees, and picturesque mountain and valley views, the property provides a peaceful rural setting while still being within convenient reach of local shops, dining, and major roadways. Ideal for those seeking space, serenity, and flexibility. The existing 3-bedroom, 2-bath manufactured home features a deck and covered patio, offering a comfortable place to enjoy the surrounding landscape. Whether used as a primary residence, rental, or temporary living space while you build, it adds immediate value and functionality. The land is the true highlight, offering citrus trees and expansive flat, usable areas perfect for a custom estate, agricultural use, or multi-purpose living. Utilities are already in place, including electricity, water, private well, propane, and septic system providing a strong foundation for future development.Enjoy open space, privacy, and the charm that makes Fallbrook one of North County’s most desirable hidden gems. With increasing demand for land and lifestyle properties, opportunities like this are becoming increasingly rare. Don’t miss your chance to create your vision and own a piece of Fallbrook’s tranquil lifestyle.
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FeaturesGeneralUtilities Electricity Available Electricity Connected Propane Water Available
Zoning Agriculture
HOA Fee 0
Electric Electricity - On Property
View Canyon Hills Mountain(s) Rocks Valley Trees/Woods
Current Use Residential Single Family
Community Features Mountainous Valley
County San Diego
New Construction false
Property Type Land
HOA false
Subdivision Name Fallbrook
Possible Use Agricultural
Special Listing Conditions Standard
Status Active
Directions Rainbow Valley Blvd/ Rainbow Creek Rd/Jubilee Way
City Fallbrook
Senior Community Y/N false
MLS Area 92028 - Fallbrook
Lot Size Units Acres
Lot Size Square Feet 269636.4
Listing Terms Cash Conventional Submit
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
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ExteriorLot Features 6-10 Units/Acre Agricultural Orchard(s)
Water Source Public Well
Lot Size Area 6.19
Lot Size Acres 6.19
Lot Size Source Assessor
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* Excluded FeaturesList ByColdwell Banker RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,694
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Fallbrook, CA
Average List Price $873,814
Percent of Sale Price 46%
About Fallbrook, CA 33,184 Population
14% Since 2002
$ 57,009 Median Income
35.56 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $600,000 | | Listed Price |