Home | San Diego County | Fallbrook | 92028 | 5521 Rainbow Heights Rd
MLS: CRV1-39305 | Status: Active | Price: $749,000
Beds/Baths: 1 / 1
Property Type: Residential
| Bed | Bath | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| 1 | 1 | 888 | 1.95 | 2015 |
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.
| Field | Value |
|---|---|
| MLS # | CRV1-39305 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Appliances | Dishwasher, Microwave, Other, Oven Range - Gas, Refrigerator |
| Dining Room | Formal Dining Room |
| Fireplace | None |
| Laundry | Other |
| Cooling | Ceiling Fan, Central Forced Air |
| Heating | Propane |
| Feature | Details |
|---|---|
| Foundation | Pillar/Post/Pier |
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Other, Garage: 0 Car(s) |
| Sewer | Septic Tank |
Omar Ortiz
My Realty Company, Inc.
License #: 02056548
Phone: (805) 249-0131
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Vallecitos Elementary School | public | K-8 | 0.67 mi | 6 |
| Great Oak High School | public | 9-12 | 4.15 mi | 9 |
| Temecula Luiseno Elementary School | public | K-5 | 4.34 mi | 7 |
| Helen Hunt Jackson Elementary School | public | K-5 | 4.60 mi | 10 |
| Erle Stanley Gardner Middle School | public | 6-8 | 4.67 mi | 6 |
| Red Hawk Elementary School | public | K-5 | 4.87 mi | 10 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 6133 Rainbow Heights Rd | $699,000 | 2 | 1 | 1,826 | Contingent |
| 5461 Rainbow Creek | $799,000 | 5 | 1 | 2,000 | Active |
| 5741 Rainbow Heights Rd | $879,000 | 3 | 2 | 1,506 | Active |
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This listing information is up-to-date as of October 16, 2026. For the most current information, please contact Omar Ortiz, (805) 249-0131.