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Sold on 03/17/2026
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5540 Rainbow Heights Rd, Fallbrook, CA 92028

  • $235,000

    Last sold 03/17/2026 after 391 Days

  • —

    bed

  • —

    bath

  • 2.33

    Acre ($100K/Acre)

Lot/Land not for sale
Movoto is helping 43 homebuyers near you

About 5540 Rainbow Heights Rd

Property type Lot/Land
HOA fee $0/month
Lot size 2.33 Acre
Property description
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!
Listed by
Listing Agent - Blake Cory
Listing Agent Contact: 951-216-3319
Listing Office - eXp Realty of California, Inc.
Source: CRMLS mls logo
MLS#SW25043279 • last updated 2 months ago
Movoto checked CRMLS for data 3 minutes ago
Overview
Type Land
Status Closed
Lot Size (Acres) 2.33
Lot Size (SqFt) 101495
Exterior
Lot Description Lot 10000-19999 Sqft
Amenities / Utilities
Water Source Public
Location
View Mountain(s), Neighborhood
County San Diego
Community Features Curbs
Zoning A70
Directions Fr 8th St, R On Select Way
APN 1026306400
  • Mar 2026
    mls logo MLS # SW25043279
  • Mar 17, 2026 Sold
    $235,000 (-6.0%)
  • Mar 2, 2026 Pending
    —
  • Jan 13, 2026 Price Change
    $249,990
  • Nov 20, 2025 Price Change
    $249,999 (-5.7%)
  • Nov 7, 2025 Price Change
    $264,990
  • Sep 18, 2025 Price Change
    $264,999 (-3.6%)
  • Sep 12, 2025 Price Change
    $274,900
  • Aug 14, 2025 Price Change
    $274,990
  • Jul 21, 2025 Price Change
    $274,999 (-8.0%)
  • May 24, 2025 Price Change
    $299,000 (-0.3%)
  • May 13, 2025 Price Change
    $299,900
  • May 1, 2025 Price Change
    $299,990
  • Mar 7, 2025 Price Change
    $299,999 (+9.1%)
  • Feb 19, 2025 Listed
    $274,999
  • 5540 Rainbow Heights Rd
    $235K
  • —
  • 92028
    $880K 0% y/y
  • Fallbrook
    $880K 0% y/y
No chart available
Statistics calculated by Movoto

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6/10
Fallbrook High School
public Grades 9-12
Fallbrook Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 5540 Rainbow Heights Rd
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/13/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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