# Old Highway 395, Fallbrook, CA 92028 > **TL;DR:** land, $777,000. > View. Est. $4,156/mo. Listed 99 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $777,000 | | Lot Size | 731,808 sqft (16.80 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 99 | ## Why This Home Stands Out - **Views** - Hills ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $3,929 | | Estimated Insurance | $227 | | **Total** | **$4,156** | ## Key Amenities - View ## Property Highlights - 16.80 acre lot ## Description ### Agent Description PROPERTY IS IN ESCROW BUT SELLER IS OPEN TO BACKUP OFFERS IN CASE IT FALLS OUT OF ESCROW - Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, on Historic Old Highway 395. These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. Water, gas, electric are all extremely close to the property line. ## Location - **Address:** Old Highway 395, Fallbrook, CA 92028 - **County:** San Diego - **Coordinates:** 33.411065, -117.159231 - **Google Maps:** https://www.google.com/maps?q=33.411065,-117.159231 ## Virtual Tour & Media - **Video Tour:** https://drakesmithphotography.hd.pics/5th-St/idx ## Listing Agent - **Name:** Shane Strong · **License:** 02248187 - **Brokerage:** Keller Williams - Temecula Valley - **Phone:** 6614005900 - **Broker Phone:** (951) 304-1200 ## Photos ![Old Highway 395 - Photo 1](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f2428938009r.jpg) ![Old Highway 395 - Photo 2](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f4242011636r.jpg) ![Old Highway 395 - Photo 3](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f2845548144r.jpg) ![Old Highway 395 - Photo 4](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f3526057431r.jpg) ![Old Highway 395 - Photo 5](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f1598837910r.jpg) ![Old Highway 395 - Photo 6](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f1585691108r.jpg) ![Old Highway 395 - Photo 7](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f2881945849r.jpg) ![Old Highway 395 - Photo 8](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f3543236542r.jpg) ![Old Highway 395 - Photo 9](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f2738014215r.jpg) ![Old Highway 395 - Photo 10](http://lh.rdcpix.com/b555cdf8b91d5b16a94850c434034e56l-f3152903045r.jpg) --- **MLS#:** SW26143744 | **Updated:** 2026-09-22 **Source:** listhub *Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/old-highway-395-fallbrook-ca-92028-26143744) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/old-highway-395-fallbrook-ca-92028-26143744#listing", "url": "https://www.propertysimple.ai/listing/old-highway-395-fallbrook-ca-92028-26143744", "name": "Old Highway 395, Fallbrook, CA 92028", "description": "PROPERTY IS IN ESCROW BUT SELLER IS OPEN TO BACKUP OFFERS IN CASE IT FALLS OUT OF ESCROW - Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, on Historic Old Highway 395. These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. 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