Sold
Last Sold Price
120,225 Lot Size2.76 Acres
Rainbow Crest Rd, Fallbrook, CA 92028
LandProperty Type
2.76 acresLot Size

Description

Escape to this rare 2.76-acre gem nestled in a serene North County valley, featuring gentle rolling terrain and a spacious flat pad perfect for your dream home or peaceful homestead. Turnkey-ready with dedicated water meter, electric at the road, and county-previously-approved 3-bedroom septic layout. Encircled by a thriving, professionally managed avocado grove with full irrigation, fertilizer system—fresh harvests and potential income included! No CC&Rs—manufactured homes welcome. Owner has house...Escape to this rare 2.76-acre gem nestled in a serene North County valley, featuring gentle rolling terrain and a spacious flat pad perfect for your dream home or peaceful homestead. Turnkey-ready with dedicated water meter, electric at the road, and county-previously-approved 3-bedroom septic layout. Encircled by a thriving, professionally managed avocado grove with full irrigation, fertilizer system—fresh harvests and potential income included! No CC&Rs—manufactured homes welcome. Owner has house plans ready to inspire. Savor panoramic Palomar Mountain views, stunning sunsets, ocean breezes, and distant coastline glimpses in total quiet seclusion—yet close to beaches, schools, and conveniences. True rural acreage with utilities and income-producing grove is disappearing fast. Claim your slice of SoCal paradise today!
  • Listed by: Alexander Wells DRE #02029504 Brokerage DRE #02059822 • Wisdom Properties socalwells@gmail.com
Listing closed: 02/23/2026 12:00 AM • Source: CRMLS, MLS#: NDP2600830

Recent comparable sales

Median sold price

$235,000

Avg days on market

124

Sale-to-list ratio

83.8%

Fallbrook, CA

9 comparable properties found

a view of a outdoor space
1/16
1

$250,000

Sold 02/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.76
Acres
a backyard of a house with lots of green space
2

$185,000

Sold 11/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.71
Acres
$235,000 | 5540 Rainbow Heights Road, Fallbrook, CA 92028
3

$235,000

Sold 03/17/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.33
Acres
a view of mountain with lake view
4

$175,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.49
Acres
$250,000 | Rainbow Heights Road, Fallbrook, CA 92028
5

$250,000

Sold 07/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.75
Acres
$230,000 | 2233 Rainbow Valley Boulevard, Fallbrook, CA 92028
1/8
6

$230,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.40
Acres
a view of a yard with an ocean
7

$350,000

Sold 05/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26.21
Acres
$350,000 | 10148 Alex, Fallbrook, CA 92028
1/23
8

$350,000

Sold 05/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26.21
Acres
view of city and mountain
9

$180,000

Sold 11/15/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
12.03
Acres

Location

Listing Courtesy of Wisdom Properties, Alexander Wells, DRE #02029504

Sold By Mogul Real Estate, Rina Pierson, DRE #01985559

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$1,271 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,271

Property Taxes

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HOA Dues

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Property Information for Rainbow Crest Road

Property Details
  • MLS Type: Land Lot
  • View: Hills, Mountain(s), Panoramic, Valley
  • Parking Spaces Total: 0
  • Lot Size Source: Assessor
  • Assessor Parcel Number: 110-021-42-00
  • Pool: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: AGRICULTURAL
  • Senior Community: No
  • Parcel Number: 1100214200
  • Area: 92028 - Fallbrook
  • Directions: Please use google maps, if you input 305 Rainbow Crest Rd it will take you to the neighbor's address next to lot
Building Information
  • Lot Size: 2.76 AC
Community / Development
Community / Development
  • Assessments YN: No
  • Community Features: Mountainous, Rural, Valley, Hiking
Property / Structure Info
Interior Features
Exterior Features
  • Fence: No
  • View Description: Hills, Panoramic, Valley
Distance To
  • Distance To Water: Public water connected
  • Distance To Sewer: Conventional Septic, Perc Test On File
Land/Lot Info
  • Lot Features: Agricultural
  • Land Lease: No
  • Land Lease Type: Fee
  • Land Value: $269,000.00
  • Land Value Percent: 2.76%
Parking Info
  • Carport Spaces: 0

Property History for Rainbow Crest Road

DateEvent & SourcePriceAppreciation
Feb 23, 2026

Sold

CRMLS #NDP2600830

$250,000
Feb 23, 2026

Sold

CLAW #NDP2600830MR

$250,000
Feb 12, 2026

Pending

CRMLS #NDP2600830

DateEvent & SourcePrice
02/23/2026

Sold

CRMLS #NDP2600830

$250,000
02/23/2026

Sold

CLAW #NDP2600830MR

$250,000
02/12/2026

Pending

CRMLS #NDP2600830

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

Schools near Rainbow Crest 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

AddressSold priceBedsBathsSqftLot (Sqft)
This home: Rainbow Crest Road, Fallbrook, CA 92028
$250,000
120,225
$195,000
1,136,045
$395,000
3,717,410
626,828
$87,500
644,688
1,207,919

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 Wisdom Properties, Alexander Wells, DRE #02029504

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.