5521 Rainbow Heights Road

Property Overview

Nearly two acres of elevated Fallbrook Heights land with no HOA, no restrictions on yourvision, and a turnkey 2015-built cottage ready the day you close -- that is the opportunityat 5521 Rainbow Heights Rd. The 1.95-acre parcel sits in the Rainbow Heights corridor ofFallbrook, California's legendary avocado and citrus country, where acreage with thiscombination of usable land, modern construction, and zero HOA constraints is genuinely rare. The 888 sq ft single-family residence, built in 2015 and in nearly new condition, provides a clean, livable anchor while you plan what comes next -- whether that is anADU, an orchard, a hobby farm, outbuildings, or simply the privacy and elbow room that anear-two-acre elevated parcel delivers. The lot scale, the Fallbrook Heights topography,and the absence of HOA oversight are the story here; the move-in-ready cottage is thebonus. Gross rent estimate of approximately $3,716/month supports an investor or househack angle for a cash or portfolio-lender buyer. Cash buyers and land-savvybuyers with portfolio financing are best positioned. Verify all details independently.

Home Details

Property type: Residential - Single Family Residence
Year built: 2015
Living area: 888 sq ft
Lot size: 1.95 acres
Days on market: 0
Full bathrooms: 1
MLS status: Active

Features & Amenities

Interior

Ceiling Fans
Crown Molding
Separate Formal Dining Room
Living Room Deck Attached
Open Floorplan
Bedroom On Main Level
Walk In Closets

Appliances

Dishwasher
Electric Range
Gas Range
Microwave
Refrigerator
Tankless Water Heater

Parking

Asphalt
Driveway

Pool

None

Security

Carbon Monoxide Detectors
Smoke Detectors

Community, Schools & Utilities

Community

View: Canyon,Hills,Mountains,Ocean,Panoramic,Rocks,TreesWoods

Schools

Elementary school: Fallbrook

Utilities

Heating: Propane
Cooling: CentralAir
Water: Public
Sewer: SepticTank

Location & Neighborhood

Fallbrook, CA 92028

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Frequently Asked Questions About 5521 Rainbow Heights Road

Property type: Residential

The current asking price is $749,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5521 Rainbow Heights Road. Our team will confirm availability and timing.

This 1 bedroom and 1 bathroom property offers approximately 888 square feet of living space. It was built in 2015. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Fallbrook, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Fallbrook property.

The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.