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Back$499,0003 bd2 ba1,175 sqft

$499,000For sale

38942 Jubilee Way

Fallbrook, CA 92028 · MLS# SW26083112

Listing courtesy of Coldwell Banker Realty
  • 3Beds
  • 2Baths
  • 1,175Sq Ft
  • 1976Year Built

About This Home

Views! Views! Views! Located in the scenic hills of Fallbrook near Rainbow, this exceptional property offers a rare opportunity to own over 6 acres of usable Southern California countryside. With approximately 6.12 acres, this versatile parcel combines privacy, natural beauty, and incredible potential. Surrounded by rolling hills, mature trees, and picturesque mountain and valley views, the property provides a peaceful rural setting while still being within convenient reach of local shops, dining, and major roadways. Ideal for those seeking space, serenity, and flexibility. The existing 3-bedroom, 2-bath manufactured home features a deck and covered patio, offering a comfortable place to enjoy the surrounding landscape. Whether used as a primary residence, rental, or temporary living space while you build, it adds immediate value and functionality. The land is the true highlight, offering citrus trees and expansive flat, usable areas perfect for a custom estate, agricultural use, or multi-purpose living. Utilities are already in place, including electricity, water, private well, propane, and septic system—providing a strong foundation for future development. Enjoy open space, privacy, and the charm that makes Fallbrook one of North County’s most desirable hidden gems. With increasing demand for land and lifestyle properties, opportunities like this are becoming increasingly rare. Don’t miss your chance to create your vision and own a piece of Fallbrook’s tranquil lifestyle.

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Property at a Glance: 38942 Jubilee Way

This manufactured on land property at 38942 Jubilee Way, Fallbrook, CA 92028 is for sale at $499,000. The home has 3 bedrooms, 2 bathrooms and 1,175 square feet of living space. It was built in 1976 and sits on a lot of 6.19 acres. That comes to about $425 per square foot. Reach out to set up a showing or ask for more details about this home.

Snapshot

Status
For sale
Price
$499,000
Bedrooms
3
Bathrooms
2
Property Type
Manufactured On Land
Year Built
1976
Square Feet
1,175
Lot Size
6.19 acres
Days on Market
131
MLS #
SW26083112
Price per Sq Ft
$425
County
San Diego
Subdivision
Fallbrook

Need a quick answer before the details?

Call now about 38942 Jubilee Way and ask about showings, availability, or offer timing.

Call 858-518-2875

Property Details

Building
Property Type: Manufactured On Land
Year Built: 1976
Stories: 1
Land
Lot Size: 6.19 acres
View: Canyon, Hills, Mountain(s), Valley, Trees/Woods
Lot Features: 6-10 Units/Acre, Secluded, Value In Land
Money
County: San Diego
HOA: Not provided
HOA Fee: $0 (frequency not provided)
Rooms
Heating: Propane
Cooling: None
Appliances: Water Heater
Interior: High Ceilings, Storage, Bedroom on Main Level, Main Level Primary
Fireplace: None
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
Accessibility: Parking
Structures
Garage Spaces: 0
Parking: Unpaved
Pool: None
Patio and Porch: Patio, Porch
Systems
Sewer: Septic Type Unknown
Water Source: Agricultural Well
Security: Smoke Detector(s)

Fallbrook in Fallbrook, CA

38942 Jubilee Way 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

38942 Jubilee Way, Fallbrook, CA 92028 Open in Google Maps

Mortgage Calculator

Estimated Monthly Payment$2,523
$399,200Loan Amount
$99,800Down Payment
$509,158Total Interest

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 858-518-2875 to get started. Whether 38942 Jubilee Way 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 38942 Jubilee Way and the Fallbrook area around it.

Current market context

How this home compares in Fallbrook

  • $425This home per sq ft
  • $440Median per sq ft
  • 94Homes for sale like it
  • 3Average days on market

At $425 per square foot, 38942 Jubilee Way is priced about 3% below the $440 median for 3 bedroom homes for sale in Fallbrook now.

Nearby sold homes

Recent sold homes near this property

Homes that sold within 1.25 miles of 38942 Jubilee Way in the last 6 months, at a median price of $750,000.

AddressSoldHomeSold priceDistance
1991 Via LaderaAug 28, 20263 bd · 3 ba · 2,498 sqft$1,200,0000.6 mi
0 Via LaderaJul 21, 2026$350,0000.8 mi
5505 Rainbow Heights RoadSep 1, 20263 bd · 2 ba · 1,400 sqft$650,0000.9 mi
5434 Rainbow Heights RoadAug 31, 20263 bd · 3 ba · 1,900 sqft$890,0000.9 mi
2526 Rainbow Valley BoulevardJun 24, 2026$450,0000.9 mi
1810 Via LaderaApr 24, 20263 bd · 3 ba · 2,400 sqft$1,060,0001 mi
2005 07 Camino RainbowJun 12, 20264 bd · 2 ba · 1,920 sqft$750,0001.1 mi
2005 07 Camino RainbowJun 12, 2026$750,0001.1 mi

Every home is different. Ask for a full price review before you make an offer.

Listing timeline

Price and status history

DateEventPrice
Aug 26, 2026Active$499,000

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