Rainbow Peaks

Fallbrook, CA 92028

$355,000
Price
261,360 / 6
Lot Size / Acres
a view of a house with a yard and mountain
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a view of a city
a view of mountains in the background
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a view of city and mountain
a view of tree
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a view of a lake with a forest
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a view of a dry yard with lots of green space
a view of a lot of trees and bushes
a picture of mountains and mountain view
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a view of a forest with a mountain and trees
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a view of a yard with a tree
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a view of a dry field with lots of trees
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a view of a large mountain with trees in the background
a view of outdoor space and mountain view
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a view of a forest with a mountain in the background
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a view of a tree

Description

Welcome to Rainbow, a peaceful community located on the east side of the I-15 in Fallbrook, just off Mission Road. About 10 minutes from the freeway, this property sits high above the valley in a special microclimate where the weather is idealtempered by unobstructed ocean views and refreshing coastal breezes. Situated along Rainbow Peaks Road, this parcel truly lives up to its name. Perched near the very top of the mountain, it offers panoramic views in every directionwesterly vistas of the Pacific...Welcome to Rainbow, a peaceful community located on the east side of the I-15 in Fallbrook, just off Mission Road. About 10 minutes from the freeway, this property sits high above the valley in a special microclimate where the weather is idealtempered by unobstructed ocean views and refreshing coastal breezes. Situated along Rainbow Peaks Road, this parcel truly lives up to its name. Perched near the very top of the mountain, it offers panoramic views in every directionwesterly vistas of the Pacific Ocean and easterly views of the snow-capped mountains. Once part of a working avocado grove, the land still features several mature, producing avocado trees. This parcel is considered the premium lot of the subdivision, boasting the original commercial well that once serviced all the lots before subdivision. Now owned exclusively by this parcel, the well is nearly 1,000 feet deepan asset worth an estimated $100,000 to reproduce. The well is powered by a 200-amp electrical service, which is ready to handle much more. In addition, the property also has a water meteroffering the best of both worlds for reliable supply and fire safety. At the top of the property, a natural saddle between two peaks provides the perfect home sitean ideal location to take in both the westerly ocean sunsets and the easterly mountain sunrises. Septic engineering has already been completed. The parcel is located on a cul-de-sac with a paved, 24-foot-wide road, and as a corner lot, it offers convenient access from two sides. A gentle area below the top pad site provides additional building potential, surro
  1. Listed by Benjamin Williams • DRE #01799217 • Brokerage DRE #00616212 • Coldwell Banker Realty
    P: (760)-815-1400 benwilliamsteam@gmail.com

Property Details for Rainbow Peaks

Neighborhood
Rainbow
Area Zip
FALLBROOK (92028)
Standard Status
Active
LISTING UPDATED: 11/18/2025 12:30 PM

Property Details for Rainbow Peaks

StatusActive
MLS #NDP2510569
Days on Market81
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land / Lots/Land
Year Built-
Lot Size6.00 AC
CountySan Diego County

Location

Listing Courtesy of Coldwell Banker Realty, Benjamin Williams, DRE #01799217
Add your commute

Building Information for Rainbow Peaks

Lot Size6.00 AC

Payment Calculator

$1,754 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,754

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Rainbow Peaks

Summary
Location and General Information
  • Coordinates: -117.2145, 33.3689
  • Latitude: 33.3689
  • Longitude: -117.2145
  • Directions: Follow the map and stay slight right at the fork of Rainbow Heights Rd, at the top.
Taxes and HOA
  • Association Fee: $0
Property
Lot Information
  • Building Area Total: 0.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 6.0
  • Lot Size Dimensions: 984 x 232 x 927
  • Lot Size Square Feet: 261360.0
  • Lot Size Units: Acres
  • Lot Size: 4+ to 10 AC
Property and Assessments
  • Parcel Number: 1093108200
  • Property Sub Type: Lots/Land
  • Property Type: Land
  • Year Built: 0
Interior and Exterior Features
Exterior Features
  • Community Features: Horse Trails
Interior Features
  • Bathrooms Half: 0
  • Bedrooms Count: 0
  • Baths Total: 0.0

Property History for Rainbow Peaks

DateEvent & SourcePriceAppreciation
Oct 7, 2025

Listed (Active)

SDMLS #NDP2510569

$355,000—
DateEvent & SourcePrice
10/07/2025

Listed (Active)

SDMLS #NDP2510569

$355,000

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

Schools near Rainbow Peaks

This home is within Fallbrook Union High School District.
Rating
School
Type
Grades
Distance
Live Oak Elementary School
Public - K to 6
James E. Potter Intermediate School
Public - 7 to 8
Fallbrook High School
Public - 9 to 12
Fallbrook Homeschool Academy (FHA)
Public - K to 8
Rating
School
Distance
Live Oak 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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More information about Rainbow Peaks, Fallbrook, CA 92028

Rainbow Peaks is a 6 ac of land for sale in Fallbrook, CA 92028. This property was listed for sale on October 7, 2025 by Coldwell Banker Realty, it's currently listed at $355,000. This listing's school districts are Fallbrook Union High School District, Fallbrook Union Elementary School District. Nearby schools include Live Oak Elementary School, James E. Potter Intermediate School and Fallbrook High School. Rainbow Peaks is a 0-bed, 0-bath, 6 ac of land on a 261,360 sq. ft. / 6 acres lot.

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Listing Courtesy of Coldwell Banker Realty, Benjamin Williams, DRE #01799217

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