5589 Rainbow Creek Road

Fallbrook, CA 92028

$599,000
Price
512,266 / 11.76
Lot Size / Acres

Description

Check out this dream property sitting on nearly 12-acres in Rainbow of Fallbrook. Property has electric and water. This property has panoramic views and is located just below the iconic white cross posted on top of the adjacent mountain. This land is ultra-private with two entrances featuring an existing RV that the seller might sell with the land but does include the covered parking structure. Current owner has set up multiple pads, primed for the construction of a garage, outbuilding, or a custom...Check out this dream property sitting on nearly 12-acres in Rainbow of Fallbrook. Property has electric and water. This property has panoramic views and is located just below the iconic white cross posted on top of the adjacent mountain. This land is ultra-private with two entrances featuring an existing RV that the seller might sell with the land but does include the covered parking structure. Current owner has set up multiple pads, primed for the construction of a garage, outbuilding, or a custom home. The land is ready for immediate use, it eagerly awaits a new owner to bring their dreams to life in the heart of Fallbrook’s serene landscape of Rainbow.
  1. Listed by Billy Long • DRE #01982858 • Brokerage DRE #01971429 • Balboa Real Estate, Inc • 310-663-1177
  2. Listed by Heidi Cabrera • DRE #01922627 • Brokerage DRE #01971429 • Balboa Real Estate, Inc.

Property Details for 5589 Rainbow Creek Road

View
Hills, Landmark, Mountain(s), Orchard, Panoramic, Rocks, See Remarks, Trees/Woods, Valley
Lot Size Source
Assessor
Assessor Parcel Number
109-310-47-00
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of Balboa Real Estate, Inc, Billy Long, DRE #01982858; Balboa Real Estate, Inc., Heidi Cabrera, DRE #01922627
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LISTING UPDATED: 03/22/2024 02:33 AM

Property Details for 5589 Rainbow Creek Road

StatusActive
MLS #OC23216431
Days on Market157
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size11.76 AC
CountySan Diego County

Location

Listing Courtesy of Balboa Real Estate, Inc, Billy Long, DRE #01982858; Balboa Real Estate, Inc., Heidi Cabrera, DRE #01922627
Add your commute

Virtual Tour

Building Information for 5589 Rainbow Creek Road

Lot Size11.76 AC

Payment Calculator

$3,618 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$349

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5589 Rainbow Creek Road

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 8030
  • Tax Census Tract: 190.02
  • CFD/Mello-Roos Fee: $379
Community / Development
Community / Development
  • Community Features: Rural
  • Community: FALLBROOK
Property / Structure Info
Interior Features
Exterior Features
  • View Description: Hills, Landmark, Panoramic, Rocks, Trees/Woods, Valley
Distance To
  • Distance To Water: 1
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Agricultural, Corner Lot, Horse Property Unimproved, Level, Rocks, Yard
  • Lot Location: Rural, Corner Lot, Rocks
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Fallbrook
  • Builders Tract Code: Fallbrook

Property History for 5589 Rainbow Creek Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5589 Rainbow Creek Road

Taxable ValueLand$346,800Additions$10,200Total$357,000
Tax Record2023$4,191 ($349 / month)
Home Facts
Lot Size512,265 SqFtStyleAgricultural / RuralZoningAGRICULTURALCountySAN DIEGOAPN109-310-47-00

Schools near 5589 Rainbow Creek 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.

Similar Homes

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Similar Sold Homes

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5589 Rainbow Creek Road is a 11.76 ac of land for sale in Fallbrook, CA 92028. This property was listed for sale on November 25, 2023 by Balboa Real Estate, Inc, it's currently listed at $599,000. It has been on the market for a total of 157 days and was last sold on March 1, 2022. 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. 5589 Rainbow Creek Road is a 0-bed, 0-bath, 11.76 ac of land on a 512,266 sq. ft. / 11.76 acres lot.

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Listing Courtesy of Balboa Real Estate, Inc, Billy Long, DRE #01982858; Balboa Real Estate, Inc., Heidi Cabrera, DRE #01922627

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