$595,000For sale
1 Rainbow Heights
Fallbrook, CA 92028 · MLS# ND26157288
Listing courtesy of Capitis Real Estate- 0Beds
- 0Baths
- 0Sq Ft
About This Home
Welcome to one of Fallbrook's most extraordinary legacy properties. 85.91 acres of breathtaking natural beauty tucked away in the private Rainbow Heights community. 3 total parcel, sold together, 1094120400, 1093510700 and 1094120500. Accessed by scenic private paved Sombrero Road, this remarkable estate property offers an unmatched combination of privacy and tranquility. Bordering approximately 1,600 acres of the protected Mount Olympus Preserve, this is more than vacant land it's your own private mountain valley where spectacular scenery, abundant wildlife, and peaceful seclusion create a setting unlike anything else currently available in Southern California. Here you will come upon Gomez Creek and additional seasonal streams, majestic coast live oaks, towering sycamores, rolling meadows, dramatic ridgelines, and panoramic mountain vistas that change with every season. Deer, hawks, eagles, foxes, and countless native species call this remarkable landscape home. Whether you envision building a world-class custom estate, an equestrian ranch, boutique vineyard, avocado or citrus grove, regenerative farm, luxury retreat, family compound, or simply preserving your own private sanctuary, this extraordinary property provides an exceptional canvas. Multiple potential building sites offer stunning view opportunities. Unlike many large acreage properties, With water and power to the land there is a private paved access road that provides convenience rarely found with properties of this size. Located just minutes from Fallbrook, Temecula Wine Country, and Interstate 15. This is more than a land purchase, it's an opportunity to create a legacy property that can be enjoyed for generations. Come experience one of North San Diego County's hidden treasures.
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Property at a Glance: 1 Rainbow Heights
This land property at 1 Rainbow Heights, Fallbrook, CA 92028 is for sale at $595,000. The home has 0 bedrooms, 0 bathrooms and 0 square feet of living space. It sits on a lot of 86 acres. Reach out to set up a showing or ask for more details about this home.
Snapshot
- Status
- For sale
- Price
- $595,000
- Bedrooms
- 0
- Bathrooms
- 0
- Property Type
- Land
- Square Feet
- 0
- Lot Size
- 86 acres
- Days on Market
- 70
- MLS #
- ND26157288
- County
- San Diego
- Subdivision
- Fallbrook
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Property Details
Building
Land
Money
Systems
Fallbrook in Fallbrook, CA
1 Rainbow Heights is in the Fallbrook neighborhood of Fallbrook, CA. Ask Brad & Karen Mattonen about other homes for sale in Fallbrook and what nearby homes have sold for.
Location
1 Rainbow Heights, Fallbrook, CA 92028 Open in Google Maps
Mortgage Calculator
Principal and interest only. Taxes, insurance and HOA dues are extra.
Brad & Karen Mattonen Can Answer Your Questions About This Home
Why Work With Brad & Karen Mattonen?
Buying a home in Fallbrook, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 18585182875 to get started. Whether 1 Rainbow Heights is the one or you would like to see other homes nearby, reach out any time.
Local facts
Facts and context beyond the MLS description
What the numbers say about 1 Rainbow Heights and the Fallbrook area around it.
Nearby sold homes
Recent sold homes near this property
Homes that sold within 1.25 miles of 1 Rainbow Heights in the last 6 months, at a median price of $750,000.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 1991 Via Ladera | Aug 28, 2026 | 3 bd · 3 ba · 2,498 sqft | $1,200,000 | 0.6 mi |
| 6051 Rainbow Heights | Sep 21, 2026 | 2 bd · 2 ba · 1,260 sqft | $745,000 | 0.8 mi |
| 5505 Rainbow Heights Road | Sep 1, 2026 | 3 bd · 2 ba · 1,400 sqft | $650,000 | 0.9 mi |
| 5434 Rainbow Heights Road | Aug 31, 2026 | 3 bd · 3 ba · 1,900 sqft | $890,000 | 1 mi |
| 2005 07 Camino Rainbow | Jun 12, 2026 | 4 bd · 2 ba · 1,920 sqft | $750,000 | 1.2 mi |
| 2005 07 Camino Rainbow | Jun 12, 2026 | 0 bd · 0 ba · 0 sqft | $750,000 | 1.2 mi |
Every home is different. Ask for a full price review before you make an offer.
Listing timeline
Price and status history
| Date | Event | Price |
|---|---|---|
| Sep 27, 2026 | Active | $595,000 |
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