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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.
| Address |
6133 Rainbow Heights Rd
Fallbrook, CA 92028 |
| Listing Status | ACTIVE |
| Asking Price | $699,000 |
| On Market Date | $699,000 @ Mar 12, 2026 |
| Listed / On-Market Entered | Mar 12, 2026 |
| Original Entry | Mar 12, 2026 |
| Square Footage | 1826 sf |
| Bedrooms | 2 |
| Full Bathrooms | 1 |
| Directions | https://maps.app.goo.gl/QBRZW2cebJeoSrVLA Cross Street: Rice Canyon Rd. |
| Market Area | 92028 - Fallbrook |
| Neighborhood | Fallbrook |
| Complex | Fallbrook |
| School District | Not Listed |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | $0 |
| HOA Fee | $0 |
| Timeline | Notes |
|---|---|
| May 29, 2026 | Back on market #260005804SD |
| Apr 28, 2026 | Pending sale #260005804SD |
| Mar 12, 2026 | Listed for $699,000 #260005804SD |
| County | San Diego |
| Assessor Parcel# | 1093200400 |
| Zoning | AGRICULTUR |
| Geographic Areas | |
| Highway Locator |
East of I-15 East of I-5 North of I-8 North of SR-52 North of SR-56 North of SR-78 |
| Ocean Distance | 19.8 miles |
| Style | Single Family Residence |
| Material | Not Listed |
| Lot Size | ~ 185,130 sf |
| Fencing | Not Listed |
| Topography | Not Listed |
| Roof | Shingle |
| Swimming Pool | None |
| Parking |
Driveway
Total Spaces: 7
Garage Spaces: 3
Non-Garage Spaces:
0 -
4.00
|
| View | Mountain(s), See Remarks, Panoramic |
| Year Built | 1970 |
| Laundry Location | In Garage,See Remarks |
| Elevator | Not Listed |
| Cooling | See Remarks |
| Heating | See Remarks |
| Sewer/Septic | Unknown |
| Fireplaces | Living Room (1) |
| Additional Parcels | No |
| Appliances | No |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Attached Garage | Yes |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Construction Materials | Other |
| Cooling | Yes |
| Eating Area | See Remarks |
| Heating | Yes |
| Land Lease | No |
| Laundry | Yes |
| Levels | Multi/Split |
| Living Area Source | Assessor |
| Lot Size Source | Assessor |
| Lot Size Units | Square Feet |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | Yes |
| Patio | No |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | Yes |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | CRMLS |
| AOR | San Diego |
| MLS Number | 260005804SD |
| Courtesy of | eXp Realty of California, Inc. |
| Listing Agent | Karla Mexia |
https://www.californiatophomes.com/260005804SD