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$699,000
Listing Price2beds
1baths
1,826sqft
185,130sqft lot
6133 Rainbow Heights Rd, Fallbrook, CA 92028
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Welcome to 6133 Rainbow Heights Rd, an exceptional 4.25-acre investment opportunity in the sought-after hills of Fallbrook. Zoned Agricultural and offering 360-degree panoramic views, this unique property is perfect for those looking to capitalize on multi-family development, generational living, ADU additions, or flip projects. Featuring two existing fixer units, the lot presents immediate upside for investors or owner-builders. Renovate and resell the existing 2bd 1ba detached home and 1bd 1ba ADU, add units for rental income, or design a custom estate with multiple dwellings, the flexibility is unmatched. With existing utilities on site, the path to development is already in motion. Surrounded by custom homes and tucked in a peaceful setting, this is the kind of property where vision becomes reality. Located in the 92028 zip code and just minutes from downtown Fallbrook, Temecula wine country, and North San Diego County, youll enjoy easy access to shopping, dining, and freeways while still savoring rural charm. Whether you're building a multi-generational retreat, creating an income-producing property, or searching for a high-upside flip opportunity, this is a rare find in one of Southern Californias most promising investment pockets.
Interior Details
1826
2
1
Has Heating:
No
Heating Type:
N/A
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
185130
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$5,161
$212,241
$249,383
--%
$461,624
2019
$5,033
$208,080
$244,494
--%
$452,574
2018
$4,915
$204,000
$239,700
--%
$443,700
2017
$1,142
$34,817
$58,105
--%
$92,922
2016
$1,119
$34,135
$56,966
--%
$91,101
2014
$1,084
$32,965
$55,012
--%
$87,977
2013
$1,076
$32,817
$54,764
--%
$87,581
2012
$1,043
$32,174
$53,691
--%
$85,865
Average Home Price in 92028
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$699,000
2 Beds
1 Baths
1,826 Sqft
185,130 Lot (sqft)
Sold 10/26/2026
$1,270,000
$1,270,000
2 Beds
2 Baths
1,967 Sqft
80,150 Lot (sqft)
Sold 11/02/2026
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Details for 6133 RAINBOW HEIGHTS RD
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Guides for Rainbow Heights Rd

San Diego’s average home values have gone up and down; sale prices per square foot showing a trend. Surrounding cities in southern California reflect varied market health, recent data shows.




