5521 Rainbow Heights RoadFallbrook, CA 92028

Description

Nearly two acres of elevated Fallbrook Heights land with no HOA, no restrictions on yourvision, and a turnkey 2015-built cottage ready the day you close -- that is the opportunityat 5521 Rainbow Heights Rd. The 1.95-acre parcel sits in the Rainbow Heights corridor ofFallbrook, California's legendary avocado and citrus country, where acreage with thiscombination of usable land, modern construction, and zero HOA constraints is genuinely rare. The 888 sq ft single-family residence, built in 2015 and in nearly new condition, provides a clean, livable anchor while you plan what comes next -- whether that is anADU, an orchard, a hobby farm, outbuildings, or simply the privacy and elbow room that anear-two-acre elevated parcel delivers. The lot scale, the Fallbrook Heights topography,and the absence of HOA oversight are the story here; the move-in-ready cottage is thebonus. Gross rent estimate of approximately $3,716/month supports an investor or househack angle for a cash or portfolio-lender buyer. Cash buyers and land-savvybuyers with portfolio financing are best positioned. Verify all details independently.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

2015

Living area

888 Sq Ft

Lot size

1.95 acres

Days on market

4

MLS^® Listing#

V1-39305

Property Features

Interior

Ceiling Fan(s) · Crown Molding · Open Floorplan · Walk-In Closet(s)

Appliances

Dishwasher · Electric Range · Gas Range · Microwave · Refrigerator · Tankless Water Heater

Cooling

Central Air

Heating

Propane

Flooring

Tile

Fireplace

None

Pool

None

Parking

Asphalt · Driveway

Laundry

Inside · See Remarks

Patio

Deck

Fencing

None

Foundation

Pillar/Post/Pier

Windows

Window Coverings · Blinds · Drapes

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Other structures

Shed(s) · Storage

Sewer

Septic Tank

Water source

Public

Rooms

Schools

Elementary

Fallbrook

Financial Details

HOA

None

Parcel number

1026306600

Directions

Traveling southbound on I-15/ Exit 54 Rainbow Valley Blvd./ Turn Left, crossing over freeway/ Turn Left at 2nd Stop-Sign staying on Rainbow Valley Blvd/ Turn Left on Eighth St/ Turn Left onto Rainbow Heights Rd./ *Turn Left onto Select Way.