5521 Rainbow Heights Road

Fallbrook, CA 92028

About this property

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.

About this property

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.

Features and Additional Information

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$749,000 Active
1 Bed
1
Bath
888 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
My Realty Company, Inc.
1-661-543-4663
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Area Information

92028 Fallbrook | San Diego County |

$ 749,000
This listing is play_arrow 14.4% lower than the average in the area
$ 875,000 in the area
888 SqFt
This listing is play_arrow 54.8% smaller than the average in the area
1,966 SqFt in the area
$ 843 $/SqFt
This listing is play_arrow 87.6% more than the average in the area
$ 450 $/SqFt in the area
15 days on site
This listing is play_arrow 55.9% below the average in the area
34 days on site in the area

Schools in the Area

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Listed By Omar Ortiz
Brokerage: My Realty Company, Inc.

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