Rainbow Peaks Trail, Fallbrook, CA 92028
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
Listed by: benjamin williams
Office: coldwell banker realty
MLS#:NDP2510569
Source:CRMLS
Price summary
- Price:$355,000
About this home
Welcome to Rainbow, a peaceful community located on the east side of the I-15 in Fallbrook, just off Mission Road. About 10 minutes from the freeway, this property sits high above the valley in a special microclimate where the weather is ideal—tempered by unobstructed ocean views and refreshing coastal breezes. Situated along Rainbow Peaks Road, this parcel truly lives up to its name. Perched near the very top of the mountain, it offers panoramic views in every direction—westerly vistas of the Pacific Ocean and easterly views of the snow-capped mountains. Once part of a working avocado grove, the land still features several mature, producing avocado trees. This parcel is considered the premium lot of the subdivision, boasting the original commercial well that once serviced all the lots before subdivision. Now owned exclusively by this parcel, the well is nearly 1,000 feet deep—an asset worth an estimated $100,000 to reproduce. The well is powered by a 200-amp electrical service, which is ready to handle much more. In addition, the property also has a water meter—offering the best of both worlds for reliable supply and fire safety. At the top of the property, a natural saddle between two peaks provides the perfect home site—an ideal location to take in both the westerly ocean sunsets and the easterly mountain sunrises. Septic engineering has already been completed. The parcel is located on a cul-de-sac with a paved, 24-foot-wide road, and as a corner lot, it offers convenient access from two sides. A gentle area below the top pad site provides additional building potential, surrounded by striking boulders and a beautiful Canary Island date palm. The lower portion of the property also includes legally deeded access along the power lines, additional usable land, and available electrical service. Whether you envision your main home at the top and an ADU below—or vice versa—there’s ample space for flexible design. There’s plenty of room for a workshop, barn, stables, RV or boat parking, and more. The property carries an L animal designator, allowing for a wide range of uses. No exaggeration—this is the best lot in the subdivision, fully loaded with utilities, views, and usability. A rare opportunity to build your dream home at the peak of Rainbow Peaks!
Contact an agent
Home facts
- Listing ID #:NDP2510569
- Added:38 day(s) ago
- Updated:December 06, 2025 at 11:37 AM
Structure and exterior
- Lot area:6 Acres
Utilities
- Water:AgriculturalWell
- Sewer:Engineered Septic
Finances and disclosures
- Price:$355,000
New listings near Rainbow Peaks Trail
- New
$1,745,625Active5 beds 5 baths4,830 sq. ft.2230 Calle Dos Lomas, Fallbrook, CA 92028
MLS# NDP2511422Listed by: BERKSHIRE HATHAWAY HOMESERVICE - Open Sat, 11am to 2pmNew
$1,449,000Active3 beds 3 baths2,446 sq. ft.363 Tumble Creek Ln, Fallbrook, CA 92028
MLS# 250045645Listed by: COLDWELL BANKER REALTY - New
$2,629,000Active4 beds 2 baths1,500 sq. ft.Address Withheld By Seller, Fallbrook, CA 92028
MLS# CRSW25274653Listed by: RAWSON & ASSOCIATES - New
$629,000Active2 beds 2 baths1,361 sq. ft.4159 Serranos Court, Fallbrook, CA 92028
MLS# CRNDP2511381Listed by: WINDERMERE REAL ESTATE - New
$795,000Active3 beds 2 baths1,806 sq. ft.35252 Bergamot Drive Lot 222, Fallbrook, CA 92028
MLS# 250045521Listed by: TRI POINTE HOMES, INC - New
$949,000Active4 beds 3 baths2,341 sq. ft.650 Meadowood St Lot 395, Fallbrook, CA 92028
MLS# 250045522Listed by: TRI POINTE HOMES, INC - Open Sat, 11am to 2pmNew
$1,250,000Active4 beds 3 baths2,709 sq. ft.2449 Trails End, Fallbrook, CA 92028
MLS# NDP2511359Listed by: EXP REALTY OF SOUTHERN CA - Open Sun, 1:30 to 3:30pmNew
$1,588,000Active4 beds 3 baths4,173 sq. ft.2323 Wilt Rd, Fallbrook, CA 92028
MLS# 250045376Listed by: EXP REALTY OF CALIFORNIA, INC. - New
$640,000Active3 beds 2 baths1,443 sq. ft.4944 Dulin Rd Road, Fallbrook, CA 92028
MLS# CRNDP2511298Listed by: COAST TO COAST REAL ESTATE INV - New
$1,550,000Active4 beds 4 baths3,090 sq. ft.2241 Via Corto, Fallbrook, CA 92028
MLS# CRPTP2508945Listed by: EXP REALTY OF CALIFORNIA, INC.