NOT LISTED FOR SALE

6969 Rainbow Heights Rd Fallbrook, CA 92028

Estimated Value: $1,339,588

4 Beds
5 Baths
3,200 Sq Ft
$419/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $1,200,000 $375 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,891/month

69 Days on Market

Highlights

  • Guest House
  • Greenhouse
  • Primary Bedroom Suite
  • Horse Property Unimproved
  • Home fronts a pond
  • Panoramic View

About This Home

As of December 2023

96.77 ACRES - Colossal post and beam barn house masterpiece, towering at an impressive 35 feet in height, is nestled within one of the healthiest and most innovative organic avocado groves in the industry . Designed by the renowned Michael Shanahan and expertly constructed by the Vangaal Family, specialists in barns and churches of Dutch heritage, this property is a true work of art that will captivate you from the moment you set eyes on it. As you approach, a tranquil waterfall pond welcomes you at the entrance, setting the stage for a mountain lodge experience unlike any other. The main floor boasts an expansive open-concept great room spanning 35x55 feet, which includes a chef's dream kitchen featuring an oversized, 3-inch thick rough-edge granite countertop with a vegetable sink. The living room, dining area, a charming corner office, a guest bathroom, guest bedroom, and a convenient laundry room complete the downstairs living space. The master suite occupies the upper mezzanine and offers breathtaking views to the east through an entire glass wall, overlooking the picturesque grove and the majestic Mt. Olympus. Step into the Jacuzzi to unwind and soak in the beauty of nature, or choose to shower in the built-in natural stone waterfall in the upstairs master suite. The expansive 3-car garage (including one RV-sized space) spans approximately 2,000 square feet and serves a dual purpose as the packing area for Avocado Monthly, an established and profitable web-based avocado business. It is also always ready to host dinners, weddings, parties, and company gatherings. Adding to the property's charm, living space, income potential, and overall value, the ranch features a 1,200 square-foot ADU (Accessory Dwelling Unit) designed to be an AirBnB. This 2-bedroom, 2.5-bath ADU is situated on the ridge south of the main home, surrounded by the thriving avocado groves. Guests will relish in the stunning sunrises, sunsets, cool breezes, and panoramic views from the L-shaped deck off the second-story master bedroom. This 96.77-acre ranch enjoys a perfect microclimate, thanks to its location in the upper Highlands along Gomez Creek, sheltered on the east by the Mt. Olympus range and the Highland Rainbow Heights range on the west. Developed and meticulously planted by one of Fallbrook's agriculture pioneers, Ralph Foster, the Foster Ranch boasts 1,700 productive Hass and Gem avocado trees, along with 450 new 1-year-old Gem and Reeds, plus 22 other mixed varieties that are used for the Avocado Monthly gift packing business. The ranch generously supplies water for the avocado trees and landscaping from four wells (in addition to a 2" district water meter) and a river catch-up stream system in Gomez Creek. There is a 40,000-gallon metal holding tank, three 10,000-gallon plastic water storage tanks, and a new RO (Reverse Osmosis) system that processes all well water. For backup power, the ranch is equipped with its own Lister Petter 32 KW diesel generator, complete with a 1,000-gallon fuel tank, ensuring uninterrupted operation for all equipment and wells, regardless of the circumstances. This extraordinary property is a turnkey, meticulously maintained, and innovative operation that stands out among avocado groves. It offers a natural playground with trails, streams, ponds, and even a private shooting range. Farm equipment and ranch hands are also available for your convenience. Experience the perfect example of sustainable living and agricultural excellence on this remarkable estate. Don't miss the opportunity to make it your own!

Last Agent to Sell the Property

Sergio Garcia

Sunshine Properties RealEstate License #01418002 Listed on: 09/07/2023

Co-Listed By

Evangelina Uriostegui

Sunshine Properties RealEstate License #01444165

Last Buyer's Agent

Rich Rollins

Rollins Realty License #00372659

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 96.77 Acre Lot
  • Home fronts a pond
  • Home fronts a stream
  • Property fronts a private road
  • Rural Setting
  • Partially Fenced Property
  • Chain Link Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Garden
  • Density is over 40 Units/Acre
  • 109-411-15-00 19.82 acres 109-412-03-00 9.75 acres 109-412-02-00 9.75 acres 109-412-01-00 57.45 acres
  • Property is zoned A70

Parking

  • 3 Car Attached Garage
  • 50 Open Parking Spaces
  • 10 Carport Spaces
  • Automatic Gate

Property Views

  • Panoramic
  • Woods
  • Creek or Stream
  • Mountain
  • Valley
  • Rock

Home Design

  • Entry on the 1st floor
  • Wood Product Walls
  • Fire Rated Drywall
  • Metal Roof
  • Hardboard

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Raised Hearth
  • See Through Fireplace
  • Double Pane Windows
  • Awning
  • Insulated Windows
  • Wood Frame Window
  • Great Room with Fireplace
  • Loft
  • Workshop
  • Storage
  • Concrete Flooring

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Fireplace in Patio
  • Open Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Greenhouse
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Rear Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heavy Electric
  • Propane
  • Private Water Source
  • Agricultural Well Water Source
  • Well
  • Electric Water Heater
  • Conventional Septic

Additional Features

  • Guest House
  • Agricultural
  • Horse Property Unimproved

Listing and Financial Details

  • Assessor Parcel Number 1094120100

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Maintained, Private Road
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System
  • View: Yes
  • Zoning: A70
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1094120100
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3200.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wood Product Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Decorative, Great Room, Outside, Patio, Raised Hearth, See Through, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 375.00
  • Room Type: Great Room, Loft, Primary Suite, Retreat, Walk-In Closet, Workshop
  • Window Features: Double Pane Windows, Insulated Windows, Wood Frames
  • Bathroom Features: Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Jetted Tub, Soaking Tub, Vanity Area, Walk-In Shower, Shower, Bathtub
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Other Structures: Greenhouse, Guest House, Outbuilding, Shed(s), Workshop, Storage
  • Exterior Features: Awning(s), Lighting
  • View: Creek/Stream, Mountain(s), Panoramic, Rocks, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Chain Link, Partial
  • Patio And Porch Features: Deck, Patio Open, Rear Porch
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Drywall Walls, Hardboard

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 10.00
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 63.00
  • Uncovered Spaces: 50.00

Utilities

  • Utilities: Propane, Electricity Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Propane Range, Refrigerator
  • Electric: 220V Other - See Remarks, Heavy
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Agricultural Well, Public, Private, Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Rural, Storm Drains, Biking, Dog Park, Hiking

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 109-411-15-00 19.82 acres 109-412-03-00 9.75 acres 109-412-02-00 9.75 acres 109-412-01-00 57.45 acres
  • Land Lease: No
  • Lot Features: Agricultural, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Garden, Horse Property Unimproved, Landscaped, Lot Over 40000 Sqft, Over 40 Units/Acre, Ranch, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual
  • Lot Size Sq Ft: 4215301.20
  • Lot Size Acres: 96.7700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 96.7700 Acres
  • Waterfront Features: Creek, Pond, Stream

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Nov 20, 2023
Sold by
Ralph And Samee Foster 2001 Revocable Tr
Bought by
Patel Girishbhai N and Patel Rekha G
Seller's Agent
Sergio Garcia
Sunshine Properties RealEstate
Buyer's Agent
Rich Rollins
Rollins Realty
List Price
$2,979,000
Sold Price
$1,200,000
Premium/Discount to List
-$1,779,000
-59.72%
Views
152
Current Estimated Value
$1,339,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,588

Purchase Details

Closed on
Feb 4, 2016
Sold by
Ter Ralph Fos and Foster Samee
Bought by
Ralph & Samee Foster 2001 Revocable Trus

Purchase Details

Closed on
Sep 25, 1998
Sold by
Over Frank & Ruth Family Trust 11-18-93 and Over Family Trust Of
Bought by
Foster Ralph and Foster Samee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 1996
Sold by
Over Frank B
Bought by
Over Frank B and Over Ruth E
Source: Public Records

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Girishbhai N $1,200,000 Fidelity National Title
Ralph & Samee Foster 2001 Revocable Trus -- None Available
Foster Ralph $45,000 Fidelity National Title
Over Frank B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foster Ralph $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $1,200,000 -36.8% $375 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $1,900,000 -24.0% $594 / Sq Ft
11/03/2023 11/03/23 Price Changed $2,499,000 -10.1% $781 / Sq Ft
10/11/2023 10/11/23 Price Changed $2,779,000 -6.7% $868 / Sq Ft
09/07/2023 09/07/23 For Sale $2,979,000 -- $931 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $10,461 $1,068,390 $140,090 $928,300
2024 $10,461 $802,664 $137,664 $665,000
2023 $9,942 $764,149 $87,732 $676,417
2022 $9,854 $749,168 $86,012 $663,156
2021 $9,647 $734,333 $82,874 $651,459
2020 $9,663 $726,805 $82,025 $644,780
2019 $9,461 $712,555 $80,417 $632,138
2018 $9,276 $698,585 $78,841 $619,744
2017 $9,125 $684,889 $77,296 $607,593
2016 $8,970 $671,461 $75,781 $595,680
2015 $8,857 $661,376 $74,643 $586,733
2014 $8,702 $648,421 $73,181 $575,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2307013

California Regional Multiple Listing Service (CRMLS)

APN: 109-412-01