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.
Single-familyProperty Type
1970Year Built
4.25 acresLot Size
$383Price/Sq.Ft.
3 garage spacesParking
Listed by Karla Mexia•DRE #02136510• Premier Agency Real Estate Inc
This property boasts stunning views from its hilltop location, though it requires significant renovations. The additional 1 bedroom, 1 bath unit above the garage is accessible via stairs that need urgent repairs. The surrounding land, while...
expansive, is predominantly sloped and may present challenges for development. This home offers substantial potential for a buyer eager to invest in improvements and build equity.
The A70 Use Regulations are intended to create and preserve areas intended primarily for agricultural crop production. Additionally, a limited number of small farm animals may be kept and agricultural products raised on the premises may be processed.
Typically, the A70 Use Regulations would be applied to areas throughout the County to protect moderate to high quality agricultural land.
Permitted uses
Include but are not limited to:
Agriculture
Housing
Processing
Fire house
Police station
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
40% chance of being in a wildfire in next 30 years
5/10 Heat Factor
4 days above 96° expected this year, 11 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Fallbrook, CA • 92028
Average low and high temperatures (°F)
69
49
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51
73
52
70
51
74
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81
60
87
63
84
63
80
57
72
51
70
49
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Apr
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Aug
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Dec
Sun exposure
39/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
4.9 hrs
2.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 6133 Rainbow Heights Rd
$674,318
$25K under list price of $699K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $670K to $1.0M.