38942 Jubilee Way, Fallbrook, CA 92028 - Photo 1 of 50, Fallbrook, CA
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$600,000$499,000Reduced $101,000

38942 Jubilee Way, Fallbrook, CA 92028

Coldwell Banker Realty
MLS® SW26083112
3Beds
2Baths
1,175Sq Ft
1976Built
153Days Listed
6Lot Sq Ft

About This Property

Views! Views! Views! Located in the scenic hills of Fallbrook near Rainbow, this exceptional property offers a rare opportunity to own over 6 acres of usable Southern California countryside. With approximately 6.12 acres, this versatile parcel combines privacy, natural beauty, and incredible potential. Surrounded by rolling hills, mature trees, and picturesque mountain and valley views, the property provides a peaceful rural setting while still being within convenient reach of local shops, dining, and major roadways. Ideal for those seeking space, serenity, and flexibility. The existing 3-bedroom, 2-bath manufactured home features a deck and covered patio, offering a comfortable place to enjoy the surrounding landscape. Whether used as a primary residence, rental, or temporary living space while you build, it adds immediate value and functionality. The land is the true highlight, offering citrus trees and expansive flat, usable areas perfect for a custom estate, agricultural use, or multi-purpose living. Utilities are already in place, including electricity, water, private well, propane, and septic systemproviding a strong foundation for future development. Enjoy open space, privacy, and the charm that makes Fallbrook one of North Countys most desirable hidden gems. With increasing demand for land and lifestyle properties, opportunities like this are becoming increasingly rare. Dont miss your chance to create your vision and own a piece of Fallbrooks tranquil lifestyle.

Julie LaneColdwell Banker Realty951-970-7739MLS® SW26083112

Property Location

Map

Property Details

Property Type
Mobile Home
Bedrooms
3
Bathrooms
2
Building Area
1,175 Sqft
Living Area
1,175 sqft
Year Built
1976
Stories
1.0
Status
Active
Days on Market
153
Cumulative Days on Market
132
Original Price
$600,000
MLS® Number
SW26083112

Location & Neighborhood

What's nearby 38942 Jubilee Way, Fallbrook, CA 92028

Nearby Schools

POI data updated 4/18/2026

Price History

$499,000

May 16, 2026

$101,000

-16.8%

Original List Price

$600,000

Fallbrook Market Snapshot

298

Active Listings

$798K

MLS® HPI Benchmark

49

Avg Days on Market

Source: Greater San Diego Association of REALTORS® · ZIP 92028 reporting area, June 2026.

Last updated: Aug 26, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.

$499,000