5505 Rainbow Heights Road, Fallbrook, CA 92028 - Photo 1 of 50, Fallbrook, CA
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$650,000

5505 Rainbow Heights Road, Fallbrook, CA 92028

Daniel Team Realty
3Beds
2Baths
1,400Sq Ft
2Parking
1979Built
1Days Listed
2Lot Sq Ft

About This Property

INVESTOR'S DREAM on over 1.5 acres! Available for the first time ever, this 3 bedroom/2 bathroom home sits tucked away on a rare, expansive lot with beautiful mountain views! The detached barn offers generous storage for vehicles or equipment, with a huge upstairs space that presents ADU potential for passive income. Plenty of flat land leaves room for RV parking, animals, storage, or whatever the vision calls for! Located in the Fallbrook Unified School District and just a few miles off the 15 freeway, the property balances privacy with easy access. Opportunities like this rarely come to market. Unincorporated San Diego County!

AJ MaloneyDaniel Team Realty760-533-5085

Virtual Tour

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
3
Bathrooms
2
Building Area
1,400 Sqft
Living Area
1,400 sqft
Year Built
1979
Stories
2.0
Status
Active
Days on Market
1
Cumulative Days on Market
2
Original Price
$650,000

Location & Neighborhood

What's nearby 5505 Rainbow Heights Road, Fallbrook, CA 92028

Nearby Schools

POI data updated 7/30/2026

Fallbrook Market Snapshot

281

Active Listings

$798K

MLS® HPI Benchmark

Source: San Diego MLS, June 2026.

Last updated: Jul 29, 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.

$650,000