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Listed by eXp Realty of California, Inc., Karla L Mexia, Listing Contact: 619-419-6619 
2 Beds
1 Bath
1,826 sqft

$699,000

6133 Rainbow Heights Rd, Fallbrook CA, 92028

Price per sqft$382.80
Built in1970
Property size1,826 sqft
Property typeResidential

Overview

Active

Listed Mar 12, 2026

Updated 2 days ago

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, you’ll 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 California’s most promising investment pockets.

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260005804

Interior Features

Bedrooms
2
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
4.25 Acres

Other Property Details

Garage
Yes
View
Yes

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Data last updated 5:04 AM UTC, 10/27/2026

   

 

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