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0 Rainbow Heights Rd, Fallbrook, CA, 92028

$295,000

1.75 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #240009376SD
Lot Size1.75 Acres
StatusActive

About 0 Rainbow Heights Rd

Discover the picturesque landscape of Rainbow Heights! A 1.75-acre plot of vacant land in the charming city of Fallbrook. This parcel provides a tranquil escape amidst the beauty of nature, with sweeping western vistas that extend to the ocean and overlook the peaceful valley below. Unveiling the possibilities of this land reveals a unique challenge: its rocky terrain poses hurdles for conventional septic systems. Standard septic conditions have not been met, requiring the implementation of an above-ground septic system. This endeavor, alongside any additional development, becomes the responsibility of the purchaser in cooperation with local authorities. The lot has: connected city water and power lines that run along the front and back of the lot. With ample space to design and build, this serene property presents endless possibilities for customizing your ideal living space. Take advantage of the tranquil surroundings and convenient location to craft your own oasis in this sought-after community. Embrace the potential of this prime real estate investment in the heart of Southern California." ****No soils reports, surveys, etc., have been done. Buyer and buyer's agent verify all information with the city or county for allowable uses and requirements and rely on their own investigations. **Buyer responsible for checking zoning, utilities, permits and exact property boundaries. ****

Property Details

Property Features

Listing Office:

  • Office Name: Steve Welty & Associates
  • Office Phone: (760) 773-5538
  • Listing Agent: Steve Welty

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  • Virtual Tour: 0 Rainbow Heights Rd

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Lot Features

Lot Information:

  • Lot Size: 1.75 Acres

School Info

Assigned Schools Information:

  • Fallbrook High School, Public District Grades 9-12
  • Vallecitos Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: CrossStreet: Rainbow Heights ln| Rainbow Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
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Housing Market Comparison

See how this home compares to others in Fallbrook, CA.

Med. Sold Price

$875K

Med. Price/SqFt

$414

Avg. Days On Market

37

# of Sold Homes

49

0 Rainbow Heights Rd vs Fallbrook

33 DAYS ON ROCKET

-4 Days

$295,000

-$580K Less

KEY TAKEAWAY

This property is $580K less than the Median Sold Price in Fallbrook, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #240009376SD

Listing Office:

  • Office Name: Steve Welty & Associates
  • Office Phone: (760) 773-5538
  • Listing Agent: Steve Welty

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2024, 8:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-8662870
5
/10
  • Vallecitos Elementary School

  • 5211 5th St

  • 1.87 miles

  • Public District Grades PK-8

High School

school-card-donut-8662871
6
/10
  • Fallbrook High School

  • 2400 S Stage Coach Ln

  • 6.76 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,653. The majority of Fallbrook, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Rainbow Heights Rd

What is the listing price of this property?

The listing price of 0 Rainbow Heights Rd property is $295,000.

What type of property is this?

The property 0 Rainbow Heights Rd is land located in Fallbrook, California, 92028.

Is this property for sale now?

Active Listing: 0 Rainbow Heights Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 0 Rainbow Heights Rd are:
Vallecitos Elementary School: GreatSchools Rating 5/10
Fallbrook High School: GreatSchools Rating 6/10

How much acreage is this property?

The property 0 Rainbow Heights Rd is 1.75 acres.
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Rocket HomesCaliforniaSan Diego CountyFallbrook920280 Rainbow Heights Rd

This home is located at 0 Rainbow Heights Rd in Fallbrook, CA and zip code 92028. This home sits on a 1.75 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $295,000.

Fallbrook, CA housing market in May 2024 saw over 22 listings sold above listed price, more than 8 sold at listed price and over 19 sold below. Between April 2024 and May 2024, Fallbrook, CA real estate market has seen increase in the number of listings by 3.8%. In May 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $875,000.

From Rocket Homes Real Estate and based on county public records data.

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