5521 Rainbow Heights Road Fallbrook, CA $ 749,000
5521 Rainbow Heights Road
$ 749,000
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5521 Rainbow Heights Road

Fallbrook, CA, 92028
$ 749,000
Bedrooms1 Baths1.0 Sq 888

Monthly Estimate*

$ 5,173

Listed by Omar Ortiz, My Realty Company, Inc., omar@myrealtyca.com
5521 Rainbow Heights Road, Fallbrook, CA 92028 - Image 1
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5521 Rainbow Heights Road, Fallbrook, CA 92028 - Image 9
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5521 Rainbow Heights Road, Fallbrook, CA 92028 - Image 16

Single Family Home for sale in Fallbrook, CA

for $749,000 with 1 bedroom and 1 full bath. This 888 square foot home was built in 2015 on a lot size of 1.95.

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.

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Single Family Active

Price

$ 749,000

Bedrooms

1

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

1.95

Year Built

2015

Town/City

Fallbrook

County/Region

San Diego

MLS | Web ID

V139305

Days on Market

3

Features
General
Living Area 888
Sewer Septic Tank
Heating Propane
Cooling Central Air
Appliances Dishwasher Electric Range Gas Range Microwave Refrigerator Tankless Water Heater
Garage Spaces 0
Patio/Porch Features Deck
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 2015
View Canyon Hills Mountain(s) Ocean Panoramic Rocks Trees/Woods
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Mountainous
Accessibility Safe Emergency Egress from Home
County San Diego
Property Type Residential
HOA false
Facing Direction West
Garage Y/N false
Other Structures Shed(s) Storage
Full Baths 1
Special Listing Conditions Real Estate Owned
Status Active
Directions Traveling southbound on I-15/ Exit 54 Rainbow Valley Blvd./ Turn Left crossing over freeway/ Turn Left at 2nd Stop-Sign staying on Rainbow Valley Blvd/ Turn Left on Eighth St/ Turn Left onto Rainbow Heights Rd./ *Turn Left onto Select Way.
City Fallbrook
Senior Community Y/N false
MLS Area 92028 - Fallbrook
Lot Size Units Acres
Lot Size Square Feet 84942
Listing Terms Conventional
Spa Features None
Elementary School Fallbrook
Property Attached Y/N false
Land Lease Y/N false
Property Condition Turnkey
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Year Built Source Public Records
Tax Lot 4051
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Ceiling Fan(s) Crown Molding Separate/Formal Dining Room Living Room Deck Attached Open Floorplan Bedroom on Main Level Walk-In Closet(s)
Flooring Tile
Fireplace Features None
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Drapes
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside See Remarks
Total Bedrooms 1
Total Baths 1
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Exterior
Fencing None
Parking Features Asphalt Driveway
Water Source Public
Total Parking 0
Lot Size Area 1.95
Foundation Details Pillar/Post/Pier
Spa false
Lot Size Acres 1.95
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Door Features Double Door Entry ENERGY STAR Qualified Doors French Doors Sliding Doors
Road Frontage Type Private Road
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* Excluded Features
List By
Omar Ortiz

Listing Agent

My Realty Company, Inc.

Broker

omar@myrealtyca.com

Email

Affordability Calculator

$5,173
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Monthly Principal & Interest
$5,173
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Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
0 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2026$749,000 Listed Price

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5521 Rainbow Heights Road, Fallbrook, CA, 92028 is a Single Family Home for sale at $749,000 with 888 sqft and a lot size of 1.95. 5521 Rainbow Heights Road has 1 bedrooms, 1.0 baths, and was built in 2015. The property's zip code is 92028 which is in Fallbrook, CA