About This Home
This 2-bedroom, 1-bathroom single family at 6133 Rainbow Heights Rd in Fallbrook, CA is listed for $699,000 ($383 per sqft). Built in 1970, the home offers 1,826 sqft of living space on a 4.25 acres lot.
Key Features
- Built in 1970
- 4.25 acre lot
- 7 parking spaces
- Fireplace
Property Details
Amenities
Welcome to 6133 Rainbow Heights Rd, an exceptional 4.25-acre investment opportunity in the sought-after hills of Fallbrook. Zoned Agricultural and offering 360-degree panoramic views, this unique property is perfect for those looking to capitalize on multi-family development, generational living, ADU additions, or flip projects.
Featuring two existing fixer units, the lot presents immediate upside for investors or owner-builders. Renovate and resell the existing 2bd 1ba detached home and 1bd 1ba ADU, add units for rental income, or design a custom estate with multiple dwellings, the flexibility is unmatched.
With existing utilities on site, the path to development is already in motion. Surrounded by custom homes and tucked in a peaceful setting, this is the kind of property where vision becomes reality. Located in the 92028 zip code and just minutes from downtown Fallbrook, Temecula wine country, and North San Diego County, you'll enjoy easy access to shopping, dining, and freeways while still savoring rural charm.
Whether you're building a multi-generational retreat, creating an income-producing property, or searching for a high-upside flip opportunity, this is a rare find in one of Southern California's most promising investment pockets.
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
6133 Rainbow Heights Rd
Fallbrook, CA 92028
FALLBROOK
Property Details
Views
Questions & Answers
This 2-bedroom, 1-bathroom single family at 6133 Rainbow Heights Rd is listed at $699,000 ($383/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1970, 4.25 acre lot, 7 parking spaces, Fireplace.
This property is listed by Karla L Mexia and can be reached at 6194196619.
