See Home Value
Rainbow 92028
5540 Rainbow Heights Road
$235,000
● Land - Off Market

5540 Rainbow Heights Road

Fallbrook, CA 92028
bedrooms
Studio
bathrooms
0 Bath
$1,228
Est. Monthly

About This Property

Stunning 2.33-Acre Lot with Panoramic Views – Ready to Build! Nestled among custom homes on a paved road, this exceptional 2.33-acre parcel offers the perfect setting for your dream home. Enjoy breathtaking pastoral views, and on a clear day, catch a glimpse of the Pacific Ocean shimmering in the distance. The location strikes the perfect balance between peaceful rural living and convenient access to key destinations: • I-15 On-ramp – just 3 miles away • Temecula & Award-Winning Wineries – 5 miles • Premier Resorts & Local Gaming – 7 miles • Escondido – 24 miles • San Diego – 53 miles. The owner has invested thousands in completing a PercTest, site plans and Engineer Report for placing a 3 bedroom Manufactured home on the property (reports available for review). The property is well-equipped for development, featuring an installed water meter, electricity approximately 100 feet away, and a fire hydrant within 1,000 feet for added safety. Don't miss this incredible opportunity to build in a prime location with stunning views. Call today for more details!
Unit Size
-
Days on Market
375 days
Land Size
2.33 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Last updated: 8 months ago (CRMLS #SW25043279)

Price History

Date / Event Date Event Price
Mar 17, 2026 Sold
Sold
Mar 3, 2026 In contract -
In contract
Jan 14, 2026 Price Decreased $249,990
↓ $9 (0%)
Price Decreased
Nov 21, 2025 Price Decreased $249,999
↓ $15K (5.7%)
Price Decreased
Nov 8, 2025 Price Decreased $264,990
↓ $9 (0%)
Price Decreased
Show More

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rainbow


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 5540 Rainbow Heights Road built and last sold?
The property at 5540 Rainbow Heights Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5540 Rainbow Heights Road is $0.
What are some comparable homes to 5540 Rainbow Heights Road?
There are currently no comparable homes to 5540 Rainbow Heights Road.