$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
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Call now about 38942 Jubilee Way and ask about showings, availability, or offer timing.
Property Details
Building
Land
Money
Rooms
Structures
Systems
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
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.
| 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 |
| 0 Via Ladera | Jul 21, 2026 | $350,000 | 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 | 0.9 mi |
| 2526 Rainbow Valley Boulevard | Jun 24, 2026 | $450,000 | 0.9 mi | |
| 1810 Via Ladera | Apr 24, 2026 | 3 bd · 3 ba · 2,400 sqft | $1,060,000 | 1 mi |
| 2005 07 Camino Rainbow | Jun 12, 2026 | 4 bd · 2 ba · 1,920 sqft | $750,000 | 1.1 mi |
| 2005 07 Camino Rainbow | Jun 12, 2026 | $750,000 | 1.1 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 |
|---|---|---|
| Aug 26, 2026 | Active | $499,000 |
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