Rainbow Peaks Trail

Fallbrook, CA 92028

$355,000
Price
261,360 / 6
Lot Size / Acres
a view of a park with a bench and trees
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a view of a city
a view of mountains in the background
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a view of a dry yard with lots of green space
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a close view of a fire pit
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a view of a dry yard with lots of green space
a view of a dry field with trees in the background
a picture of mountains and mountain view
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a view of a yard with a tree
a view of a yard
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a view of a forest with a tree
a view of a dry field with lots of trees
a view of a dry field with trees
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a view of outdoor space and mountain view
an aerial view of a house with mountain view
a view of a mountain in the distance
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a view of a forest with a tree in the background
a view of a forest with a mountain in the background
a view of a dry yard
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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 ideal—tempered 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 direction—westerly 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 ideal—tempered 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 direction—westerly 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 deep—an 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 meter—offering 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 site—an 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, surrounded by striking boulders and a beautiful Canary Island date palm. The lower portion of the property also includes legally deeded access along the power lines, additional usable land, and available electrical service. Whether you envision your main home at the top and an ADU below—or vice versa—there’s ample space for flexible design. There’s plenty of room for a workshop, barn, stables, RV or boat parking, and more. The property carries an L animal designator, allowing for a wide range of uses. No exaggeration—this is the best lot in the subdivision, fully loaded with utilities, views, and usability. A rare opportunity to build your dream home at the peak of Rainbow Peaks!
  1. Listed by Benjamin Williams • DRE #01799217 • Brokerage DRE #00616212 • Coldwell Banker Realty • benwilliamsteam@gmail.com

Property Details for Rainbow Peaks Trail

View
City Lights, Mountain(s), Ocean
Parking Spaces Total
0
Lot Size Source
Assessor
Lot Size Dimensions
984 x 232 x 927 x 300
Assessor Parcel Number
109-310-82-00
New Construction
No
Pool
No
View
Yes
LISTING UPDATED: 11/05/2025 01:50 AM

Property Details for Rainbow Peaks Trail

StatusActive
MLS #NDP2510569
Days on Market58
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
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 Trail

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 Trail

Community / Development
Community / Development
  • Assessments YN: No
  • Community Features: Horse Trails, Biking, Hiking
Property / Structure Info
Interior Features
Exterior Features
  • Fence: No
  • View Description: City Lights, Ocean
Distance To
  • Distance To Water: Rainbow
  • Distance To Electric: Connected
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: Maintained
  • Water Well: Yes
  • Well Depth: 900
  • Sewer: Engineered Septic
  • Water Source: Agricultural Well
Parking Info
  • Carport Spaces: 0

Property History for Rainbow Peaks Trail

DateEvent & SourcePriceAppreciation
Nov 5, 2025

Listed (Active)

CRMLS #NDP2510569

$355,000—
Oct 7, 2025

Listed (Active)

CLAW #NDP2510569MR

$355,000—
DateEvent & SourcePrice
11/05/2025

Listed (Active)

CRMLS #NDP2510569

$355,000
10/07/2025

Listed (Active)

CLAW #NDP2510569MR

$355,000

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

Schools near Rainbow Peaks Trail

This home is within Vallecitos Elementary School District.
Rating
School
Type
Grades
Distance
Vallecitos Elementary School
Public - K to 8
Fallbrook High School
Public - 9 to 12
Ivy High (Continuation) School
Public - 9 to 12
Oasis High (Alternative) School
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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More information about Rainbow Peaks Trail, Fallbrook, CA 92028

Rainbow Peaks Trail 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 Vallecitos Elementary School District, Fallbrook Union High School District. Nearby schools include Vallecitos Elementary School, Fallbrook High School and Ivy High (Continuation) School. Rainbow Peaks Trail is a 0-bed, 0-bath, 6 ac of land on a 261,360 sq. ft. / 6 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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

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