10721 Rainbow Heights Road Fallbrook, CA
$ 1,500,000
Property Attributes
  • MLS#PW21234676
  • TypeIncome
  • CountySAN DIEGO
  • CityFallbrook
  • AreaFallbrook
  • NeighborhoodFallbrook
  • Zip92028
  • StyleCustom
  • Price$ 1,500,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2812
  • Lot Size40 Acres
Listing Provided Courtesy Of:
Dominick Archuleta with Archuleta Realty - 562-335-1997
Data Source:
California Regional MLS (CRMLS)
Property Description

WOW! Here is one of the rarest opportunity to own 40 acres in beautiful Rainbow-Fallbrook, California. This mature property is complimented with water and power. This gorgeous community offers spectacular views and privacy while allowing yo to take advantage of 40 usable acres. There are many possibilities with the 40 acres. Horses, grapes (winery), fruit trees, nuts, beans (maybe coffee), pool, more structures, new builds, dirt bike track, camping, the list goes on; let your imagination go to work with this 40 acres. As you enter this exclusive and very private oasis, you will find two amazing homes, 4 car garage, and a barn/storage with a bonus room above the barn. The main house features one massive bedroom which may be created into two rooms. The bedroom (octagon shape) features wood floor, multiple windows to offer natural lighting during the day and gorgeous evening views. This custom home shows off stunning open beam ceiling, stand alone burning stove. open floor plan with the kitchen opening into the entertainment area. Again, the oversized entertainment area boasts of multiple windows and sliding doors to allow for natural lighting during the day and moon lighting in the evening; truly amazing. The main house has its own separate wash/dryer area; bathroom features shower, tankless water-heater. The second home on this property is of great value; may be used for income, guest quarters, wine tasting room, office, or living space for extended family. The home is very spacious with an floor plan featuring multiple windows for natural lighting during the day and evening, tankless water heater, central AC forced heat. This guest house boast of a large living area with a lovely fireplace for the cooler winter days. There is more; an oversize 4 car garage' with custom electronic openers. This garage is able to store your custom cars and boats. There is also a BARN with overhead space. This custom barn may be used for your horses, animals, work space or car and boat storage as well. Lastly, the 40 acres. These acres are very usable, flat, and serene. The opportunities are endless.

Price History
10/25/2021 Listed $1,500,000

General Features

Architectural Style Custom
Community Features Rural
Construction Materials Wood Siding
Cooling Central Air
Flooring Laminate, Wood
Garage Spaces 4
Garage Y/N Yes
Heating Wall Furnace
Interior Features Beamed Ceilings, Laminate Counters, Open Floorplan, All Bedrooms Down, Walk-In Closet(s), Workshop
Listing Agent Dominick Archuleta - BRE#01308760
Listing Agent State License 01308760
Lot Size Square Feet 1742400
MLS Area 92028 - Fallbrook
Other Structures Barn(s), Guest House, Two On A Lot
Pool Features None
Property Type Residential Income
PropertyCondition Turnkey
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/N No
Sewer Septic Type Unknown
Spa Features None
Special Listing Conditions Standard, Trust
Status Active
Subdivision Name Fallbrook
Terms Cash, Cash to New Loan
Total Units 2
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Canyon, Rocks
Zoning A

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features Living Room
Fireplace Y/N Yes
Heating Y/N Yes
Laundry Features Washer Hookup, Gas Dryer Hookup

Exterior Features

Door Features Double Door Entry, Sliding Doors
Fencing Barbed Wire, Good Condition
Foundation Details Slab
Horse Y/N Yes
Lot Features 36-40 Units/Acre, Agricultural, Horse Property, Level, Orchard(s)
Lot Size Acres 40
Lot Size Area 1742400
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 1
Parking Features Garage, Garage Door Opener, Gravel, Unpaved
Total Parking 4
View Y/N Yes
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Living Room


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 92028

AVG $1.5M
AVG 29
Year Built
AVG 1967

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