Active
2,053,854 Lot Size47.15 Acres
37 Rainbow Hills Rd, Fallbrook, CA 92028
Est: $36,809/moGet pre-approved
LandProperty Type
47.15 acresLot Size

Description

Perfect for a secluded hilltop estate on one of the highest hills in the area with 360 degree views of north San Diego county. Extra large potential hilltop natural pad area requiring minimal grading(no grading has been done). Private paved easement road leading from the locked gate to the dirt road leading up the hill to the top of the property. This road (dirt road-not easement road) has been recently cleared of brush(not graded). Located minutes from the I-15 freeway, about 15 minutes (from freeway)to...Perfect for a secluded hilltop estate on one of the highest hills in the area with 360 degree views of north San Diego county. Extra large potential hilltop natural pad area requiring minimal grading(no grading has been done). Private paved easement road leading from the locked gate to the dirt road leading up the hill to the top of the property. This road (dirt road-not easement road) has been recently cleared of brush(not graded). Located minutes from the I-15 freeway, about 15 minutes (from freeway)to Temecula(north), and 20 minutes(from freeway) to Escondido(south). Property is previously undeveloped, a clean slate with only native plants. No visible power lines or telephone poles currently on the property(other than the paved easement road). Water and electricity are located on the paved easement road. 2" water meter in place.
15 days on Market
  • Listed by: William Raedeker DRE #01778473 Brokerage DRE #01778473 • William C. Raedeker, Broker socal.re1995@gmail.com
Last updated: 09/19/2026 01:41 AM • Source: CRMLS, MLS#: ND26205327

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Listing Courtesy of William C. Raedeker, Broker, William Raedeker, DRE #01778473
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$36,809 per month

30 year fixed, 7.03% Interest

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$36,809

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Property Information for 37 Rainbow Hills Road

Property Details
  • MLS Type: Land Lot
  • View: Reservoir, Hills, Valley, Panoramic
  • Lot Size Source: Assessor
  • Assessor Parcel Number: 108-020-37-00
  • 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: 1080203700
  • Area: 92028 - Fallbrook
  • Directions: South on Rainbow Hills Road to private paved road. Turn right(west) toward property. Locked gate. Listing agent must be present.Do not enter property. Gate/road is also an easement for Rainbow waters reservoir.nt for
Building Information
  • Lot Size: 47.15 AC
Income / Expense / Tax Details
Income Details
  • Current Financing: None
Tax / Assessment Info
  • Tax Census Tract: 188.01
Community / Development
Community / Development
  • Assessments: None
  • Community Features: Rural
Property / Structure Info
Exterior Features
  • Fence: None
  • Fencing: None
  • View Description: Hills, Panoramic, Reservoir, Valley
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Lot Over 40000 Sqft, Utilities - Overhead, Sloped Down, No Landscaping, Agricultural, Value In Land
  • Current Use: Investment, Unimproved
  • Possible Use: Investment, Agricultural, Residential
  • Improvements: Paved road along one property line. Dirt road to top pad area.
  • Survey: Corners Marked
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Unpaved, Paved
  • Road Frontage Type: Private Road
  • Water: Public
  • Sewer: None
  • Utilities: Water Available, Electricity Available
  • Electric: Electricity - Unknown
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Fallbrook
  • Builders Tract Code: Fallbrook

Property History for 37 Rainbow Hills Road

DateEvent & SourcePriceAppreciation
Sep 19, 2026

Listed (Active)

CRMLS #ND26205327

$6,895,000—
Sep 19, 2026

Listed (Active)

CLAW #ND26205327MR

$6,895,000—
Oct 24, 2022

Expired

CRMLS #ND22083150

$5,500,000—
DateEvent & SourcePrice
09/19/2026

Listed (Active)

CRMLS #ND26205327

$6,895,000
09/19/2026

Listed (Active)

CLAW #ND26205327MR

$6,895,000
10/24/2022

Expired

CRMLS #ND22083150

$5,500,000

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

Schools near 37 Rainbow Hills Road

This home is within Fallbrook Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
William H. Frazier Elementary School
PublicK to 6

James E. Potter Intermediate School
Public7 to 8

Fallbrook High School
Public9 to 12

Fallbrook Homeschool Academy (FHA)
PublicK to 8

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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37 Rainbow Hills Road is a 47.15 ac of land for sale in Fallbrook, CA 92028. This property was listed for sale on September 19, 2026 by William C. Raedeker, Broker, it's currently listed at $6,895,000. This listing's school districts are Fallbrook Union High School District, Fallbrook Union Elementary School District. Nearby schools include William H. Frazier Elementary School, James E. Potter Intermediate School and Fallbrook High School. 37 Rainbow Hills Road is a 0-bed, 0-bath 47.15 ac of land on a 2,053,854 sq. ft. / 47.15 acres lot.

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 William C. Raedeker, Broker, William Raedeker, DRE #01778473

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.