$275,000
SOLD MAR 3, 2025

1 Rainbow Glen Fallbrook, CA 92028

28.78 Acres
$9,555 Price per Acre
1,253,657 Sq Ft Lot

Recently Sold

24% Below List Price

26 Days on Market

Highlights

  • View of Trees or Woods
  • Secluded Lot
  • Hiking Trails
  • 28.78 Acre Lot
  • No HOA
  • Foothills

About This Lot

As of March 2025

Rare location in Temecula City! This vacant land offers +/- 28.78 acres of pristine property, consisting of three parcels with breathtaking mountain views. The top-of-the-hill building location provides stunning views and privacy, with nearby power lines for convenience. Just a short distance from the renowned Temecula Wineries, Old Town Temecula, and Pechanga Resort and Casino, this property is perfect for building your dream home. All three parcels are to be sold together (APNs 918-060-022, 918-060-023, 918-060-024).

Last Agent to Sell the Property

Joey Rahhal- The Cox Team

Allison James Estates & Homes Brokerage Phone: 9515148161 License #01939076 Listed on: 01/16/2025

Allison James Estates & Homes

Last Buyer's Agent

Stephen Ganzon

Abundance Real Estate License #02224379

Property Details

Property Type

  • Land

Lot Details

  • 28.78 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Density is 26-30 Units/Acre
  • 918060022,918060023
  • Property is zoned R-R

Property Views

  • Woods
  • Canyon
  • Mountain
  • Rock

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 918060024
  • $126 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Property is near a preserve or public land

Recreation

  • Hiking Trails

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use: Investment
  • Possible Use: Improved, Investment, Residential
  • Road Surface Type: Paved, Unpaved
  • View: Yes
  • Zoning: R-R
  • Property Type: Land
  • Parcel Number: 918060024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.22

Exterior Features

  • View: Canyon, Mountain(s), Rocks, Trees/Woods

Utilities

  • Utilities: Electricity Available
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking, Preserve/Public Land, Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 918060022,918060023
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre, Secluded
  • Lot Size Sq Ft: 1253656.80
  • Lot Size Acres: 28.7800
  • Latitude Manual: 33.43408900

Multi Family

  • Lot Size Area: 28.7800 Acres

Tax Info

  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 126.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $275,000 -23.6% --
02/11/2025 02/11/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $360,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25009548

California Regional Multiple Listing Service (CRMLS)