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Rainbow 92028
5589 Rainbow Creek Road
$475,000
● Land - For Sale

5589 Rainbow Creek Road

Fallbrook, CA 92028
bedrooms
Studio
bathrooms
0 Bath
$2,333
Est. Monthly

About This Property

Exceptional opportunity to own nearly 12 acres in the scenic hills of Rainbow. This expansive parcel offers sweeping valley and mountain views, along with existing water and electric service. Multiple graded building sites are already in place, providing flexibility for a custom residence, manufactured home, detached shop, barn, or additional structures. Whether you're looking to create a private ranch, agricultural retreat, or weekend getaway, this property is ready for your vision. Located among established nurseries and rural estates, you'll enjoy the peace of country living while remaining just a short drive from Interstate 15. With abundant space for RVs, equipment, trailers, and recreational vehicles, the possibilities are truly endless.
Unit Size
-
Days on Market
91 days
Land Size
11.76 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Listed By

Evangelina Uriostegui
Sunshine Properties RealEstate

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Last updated: 3 months ago (SDMLS #NDP2606912)

Price History

Date / Event Date Event Price
Jul 20, 2026 Listed by Sunshine Properties RealEstate $475,000
Listed by Sunshine Properties RealEstate
Mar 2, 2022 No longer available -
No longer available
Feb 8, 2022 In contract -
In contract
Dec 21, 2021 Relisted $420,000
Relisted
Dec 20, 2021 No longer available -
No longer available
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Property Highlights

Exterior Details
Lot Features: ElevenToFifteenUnitsAcre
Lot Size Area: 11.76
Lot Size Units: Acres
Lot Size Acres: 11.76
Lot Size Square Feet: 512265.6

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 512,266
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000011760
  • Standard Land Use Code: 8000
  • County Land Use Code: 62
  • Legal Description 1: PAR 2 TR PM08030

Neighborhood

  • School District Name: Vallecitos Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 019001

Zoning

  • Zoning: A70

Geography

  • Assessors Map Reference: PM08030
  • Subdivision Tract Number: 8030
  • Parcel: 109-310-47-00
  • Municipality: VALLECITOS
  • Latitude: 33.4212
  • Longitude: -117.133

    Address

  • Full Address: 5589 Rainbow Creek Rd
  • Address - House Number: 5589
  • Address - Street Name: Rainbow Creek
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Fallbrook
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $419,088
  • Tax Rate Code Area: 93-021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,000
  • Assessed Land Value: $346,800
  • Assessed Improvements Value: $10,200

    Sales

  • Current Sale Contract Date: Feb 14, 2018
  • Current Sale Recording Date: Mar 13, 2018
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2018-0097648
  • Previous Sale Recording Date: Jul 26, 2012
  • Previous Sale Contract Date: Jul 24, 2012
  • Previous Sale Amount: $500
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Rainbow


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Frequently Asked Questions

When was property at 5589 Rainbow Creek Road built and last sold?
The property at 5589 Rainbow Creek Road was built in and last sold on Feb 14, 2018 for $75,000.
How much is this home worth?
The estimated value of the home located at 5589 Rainbow Creek Road is $479,750.
What are some comparable homes to 5589 Rainbow Creek Road?
There are currently no comparable homes to 5589 Rainbow Creek Road.