5505 Rainbow Heights Road, Fallbrook, CA 92028

Fallbrook
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
5505 Rainbow Heights Road,Fallbrook, CA 92028
$650,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 1,400 sq. ft.
  • Single family
  • Active
Listed by: aj maloney, daniel maloney
Office: daniel team realty760-533-8326
MLS#:NDP2607141
Source:CRMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$464.29

About this home

INVESTOR'S DREAM on over 1.5 acres in highly sought-after Rainbow! Available for the first time ever, this 3 bedroom/2 bathroom home sits tucked away on a rare, expansive lot with beautiful mountain views! The detached barn offers generous storage for vehicles or equipment, with a huge upstairs space that presents ADU potential for passive income. Set in the quiet, rural charm of Rainbow, this lot offers plenty of flat land, leaving room for RV parking, animals, storage, or whatever the vision calls for! Located in the Fallbrook Union School District for High School (and Vallecitos School district for Elementary) and just a few miles off the 15 freeway, the property balances privacy with easy access. Opportunities like this rarely come to market. Unincorporated San Diego County!

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Home facts

  • Year built:1979
  • Listing ID #:NDP2607141
  • Added:4 day(s) ago
  • Updated:August 03, 2026 at 10:51 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Laminate
  • Kitchen Description:Electric Range, Refrigerator
  • Living area:1,400 sq. ft.

Structure and exterior

  • Year built:1979
  • Building area:1,400 sq. ft.
  • Lot area:1.53 Acres
  • Lot Features:Agricultural
  • Levels:2 Story

Schools

  • Elementary school:Vallecitos

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$464.29

Features and amenities

  • Appliances:Dryer, Electric Range, Washer
  • Laundry features:Dryer, Outside, Washer

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:2
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