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Jessamine Walker

jessamine@walkerpropertygroupca.com +1(949) 241-2927

$ 749,000

Est. payment | -/mo

1 Bed

1 Bath

888 SqFt

Save

$ 749,000

Est. payment | -/mo

Save

1 Bed

1 Bath

888 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 888 sqft

Price per Sqft $843

MLS Listing ID V1-39305

Bedrooms 1

Full Baths 1

Construction Status Turnkey

HOA Y/N No

Year Built 2015

Lot Size 1.950 Acres

Property Sub-Type Single Family Residence

Property Description

Nearly two acres of elevated Fallbrook Heights land with no HOA, no restrictions on yourvision, and a turnkey 2015-built cottage ready the day you close -- that is the opportunityat 5521 Rainbow Heights Rd. The 1.95-acre parcel sits in the Rainbow Heights corridor ofFallbrook, California's legendary avocado and citrus country, where acreage with thiscombination of usable land, modern construction, and zero HOA constraints is genuinely rare. The 888 sq ft single-family residence, built in 2015 and in nearly new condition, provides a clean, livable anchor while you plan what comes next -- whether that is anADU, an orchard, a hobby farm, outbuildings, or simply the privacy and elbow room that anear-two-acre elevated parcel delivers. The lot scale, the Fallbrook Heights topography,and the absence of HOA oversight are the story here; the move-in-ready cottage is thebonus. Gross rent estimate of approximately $3,716/month supports an investor or househack angle for a cash or portfolio-lender buyer. Cash buyers and land-savvybuyers with portfolio financing are best positioned. Verify all details independently.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Rooms

Other Rooms Shed(s), Storage

Interior

Interior Features Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Living Room Deck Attached, Open Floorplan, Bedroom on Main Level, Walk-In Closet(s)

Heating Propane

Cooling Central Air

Flooring Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater

Laundry Inside, See Remarks

Exterior

Parking Features Asphalt, Driveway

Fence None

Pool None

Community Features Mountainous

View Y/N Yes

View Canyon, Hills, Mountain(s), Ocean, Panoramic, Rocks, Trees/Woods

Accessibility Safe Emergency Egress from Home

Porch Deck

Private Pool No

Building

Dwelling Type House

Faces West

Story One

Entry Level One

Foundation Pillar/Post/Pier

Sewer Septic Tank

Water Public

Level or Stories One

Additional Building Shed(s), Storage

Construction Status Turnkey

Schools

Elementary Schools Fallbrook

Others

Senior Community No

Tax ID 1026306600

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Real Estate Owned

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Omar Ortiz My Realty Company, Inc. #02056548

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

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5521 Rainbow Heights RD Fallbrook, CA 92028