Sold
Last Sold Price
209,088 Lot Size4.8 Acres
0 Rainbow Peaks Rd, Fallbrook, CA 92028
LandProperty Type
4.8 acresLot Size

Description

Possible Seller Financing for this Great 4.8 Acre parcel with amazing views including the Ocean and incredible Sunsets. Private and peaceful, Corners were recently marked, Septic layout on file for 3 bedroom structure (Will require updating). Fire hydrant on site. Plenty of room to spread out and take advantage of the varied terrain. Rough cut pad and access roads throughout the property. Great value! Buyers to verify all prior to removing contingencies.Possible Seller Financing for this Great 4.8 Acre parcel with amazing views including the Ocean and incredible Sunsets. Private and peaceful, Corners were recently marked, Septic layout on file for 3 bedroom structure (Will require updating). Fire hydrant on site. Plenty of room to spread out and take advantage of the varied terrain. Rough cut pad and access roads throughout the property. Great value! Buyers to verify all prior to removing contingencies.
  • Listed by: Tom Van Wie DRE #01412145 Brokerage DRE #01934791 • Coldwell Banker Village Properties 760-703-6400
Listing closed: 08/02/2024 12:00 AM • Source: CRMLS, MLS#: ND24083537

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Recent comparable sales

Median sold price

$230,000

Avg days on market

138

Sale-to-list ratio

82.0%

Fallbrook, CA

9 comparable properties found

$235,000 | 5540 Rainbow Heights Road, Fallbrook, CA 92028
1

$235,000

Sold 03/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.33
Acres
$230,000 | 2233 Rainbow Valley Boulevard, Fallbrook, CA 92028
1/8
2

$230,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.40
Acres
$250,000 | Rainbow Heights Road, Fallbrook, CA 92028
3

$250,000

Sold 07/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.75
Acres
view of city and mountain
4

$180,000

Sold 11/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
12.03
Acres
$275,000 | 1 Rainbow Glen, Fallbrook, CA 92028
5

$275,000

Sold 03/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
28.78
Acres
a view of a street with a building in the background
6

$175,000

Sold 07/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.52
Acres
a backyard of a house with lots of green space
7

$185,000

Sold 11/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.71
Acres
a view of mountain with lake view
8

$175,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.49
Acres
an aerial view of residential building and an ocean
9

$910,000

Sold 05/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
12.62
Acres

Location

Listing Courtesy of Coldwell Banker Village Properties, Tom Van Wie, DRE #01412145

Sold By Keller Williams Realty, Woody Harper, DRE #01128836

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Property Information for 0 Rainbow Peaks Road

Property Details
  • MLS Type: Land Lot
  • View: Canyon, City Lights, Hills, Ocean, Panoramic
  • Lot Size Source: Assessor
  • Assessor Parcel Number: 109-232-20-00
  • New Construction: No
  • Pool: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: A70
  • Subdivision Name: Fallbrook
  • Subdivision Name Other: Fallbrook
  • Senior Community: No
  • Parcel Number: 1092322000
  • Area: 92028 - Fallbrook
  • Directions: Enter 38474 Rainbow Peaks into GPS. This parcel is the next parcel on the left. Look for sign
Building Information
  • Lot Size: 4.80 AC
Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Census Tract: 188.01
Community / Development
Community / Development
  • Community Features: Rural
Property / Structure Info
Interior Features
Exterior Features
  • View Description: Canyon, City Lights, Hills, Ocean, Panoramic
Distance To
  • Distance To Water: 10'
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Corners Marked, Lot Over 40000 Sqft
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: None
  • Water Source: None
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Fallbrook
  • Builders Tract Code: Fallbrook

Property History for 0 Rainbow Peaks Road

DateEvent & SourcePriceAppreciation
Aug 2, 2024

Sold

CRMLS #ND24083537

$249,000—
Aug 2, 2024

Sold

CLAW #ND24083537MR

$249,000—
Jun 24, 2024

Pending

CRMLS #ND24083537

—
DateEvent & SourcePrice
08/02/2024

Sold

CRMLS #ND24083537

$249,000
08/02/2024

Sold

CLAW #ND24083537MR

$249,000
06/24/2024

Pending

CRMLS #ND24083537

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Rainbow Peaks Road

This home is within Vallecitos Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vallecitos Elementary School
PublicK to 8

Fallbrook High School
Public9 to 12

Ivy High (Continuation) School
Public9 to 12

Oasis High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Village Properties, Tom Van Wie, DRE #01412145

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.