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$749,000

FOR SALE
Active

5521 Rainbow Heights Road

Fallbrook, CA

MLS# V1-39305

888 Sq Ft • Single Family Home1bd • 1ba
22 days on marketNalren refreshed

Listing Agent

Omar Ortiz

Listing Agent

My Realty Company, Inc.

DRE #: 02056548

(661) 543-4663

Brokerage: My Realty Company, Inc.

Property Details

1

Bedrooms

1

Bathrooms

888 sqft

Square Feet

2015

Year Built

1.95 acres

Lot Size

$843

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Single Family Home

Property Type

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
In-Unit Laundry, See Remarks
Appliances
Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Flooring
Tile
Interior Features
Bedroom On Main Level, Ceiling Fans, Crown Molding, Living Room Deck Attached, Open Floorplan, Separate Formal Dining Room, Walk In Closets
Window Features
Blinds, Drapes

Exterior

Private Pool
No
Patio And Porch Features
Deck
Fencing
None

Building

Year Built
2015
Living Area
888 sqft
Levels
One
Property Condition
Turnkey

Utilities

Heating
Propane
Cooling
Central Air
Sewer
Septic Tank
Water Source
Public

Parking

Garage Spaces
0
Parking Features
Asphalt, Driveway
Parking Total
0

Community / HOA

HOA
No

Accessibility / Green

Accessibility Features
Safe Emergency Egress From Home

Sale history for 5521 Rainbow Heights Road → (3 recorded sales)

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Closed sales reported in 92028, nearest first, last 12 months. All recent sales in Fallbrook →

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CRMLS

MLS# V1-39305

Listed:

Nalren refreshed:

Last updated

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: My Realty Company, Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.