6133 Rainbow Heights Rd Fallbrook, CA 92028
Estimated payment $4,161/month
Highlights
- Panoramic View
- 3 Car Attached Garage
- Gated Home
About This Home
Welcome to 6133 Rainbow Heights Rd, an exceptional 4.25-acre investment opportunity in the sought-after hills of Fallbrook. Zoned Agricultural and offering 360-degree panoramic views, this unique property is perfect for those looking to capitalize on multi-family development, generational living, ADU additions, or flip projects. Featuring two existing fixer units, the lot presents immediate upside for investors or owner-builders. Renovate and resell the existing 2bd 1ba detached home and 1bd 1ba ADU, add units for rental income, or design a custom estate with multiple dwellings, the flexibility is unmatched. With existing utilities on site, the path to development is already in motion. Surrounded by custom homes and tucked in a peaceful setting, this is the kind of property where vision becomes reality. Located in the 92028 zip code and just minutes from downtown Fallbrook, Temecula wine country, and North San Diego County, you’ll enjoy easy access to shopping, dining, and freeways while still savoring rural charm. Whether you're building a multi-generational retreat, creating an income-producing property, or searching for a high-upside flip opportunity, this is a rare find in one of Southern California’s most promising investment pockets.
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- 4.25 Acre Lot
- Gated Home
- Property is zoned AGRICULTUR
Parking
- 3 Car Attached Garage
Property Views
- Panoramic
- City Lights
- Mountain
- Valley
Home Design
- Shingle Roof
Interior Spaces
- 2 Bedrooms
- 1,826 Sq Ft Home
- Living Room with Fireplace
Additional Homes
- Number of ADU Units: 1
- Accessory Dwelling Unit (ADU)
Community Details
- Fallbrook Subdivision
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,464 | $504,848 | $232,114 | $272,734 |
| 2024 | $5,464 | $494,950 | $227,563 | $267,387 |
| 2023 | $5,338 | $485,246 | $223,101 | $262,145 |
| 2022 | $5,282 | $475,732 | $218,727 | $257,005 |
| 2021 | $5,151 | $466,405 | $214,439 | $251,966 |
| 2020 | $5,162 | $461,624 | $212,241 | $249,383 |
| 2019 | $5,033 | $452,574 | $208,080 | $244,494 |
| 2018 | $4,915 | $443,700 | $204,000 | $239,700 |
| 2017 | $1,143 | $92,922 | $34,817 | $58,105 |
| 2016 | $1,120 | $91,101 | $34,135 | $56,966 |
| 2015 | $1,105 | $89,734 | $33,623 | $56,111 |
| 2014 | $1,084 | $87,977 | $32,965 | $55,012 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $699,000 | -- | $383 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $80,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: San Diego MLS
MLS Number: 260005804
APN: 109-320-04
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Ask me questions while you tour the home.