Listed by Sergio Garcia•DRE #01418002• Sunshine Properties RealEstate
Listed by Jenaro Ramirez•DRE #02104296• Sunshine Properties RealEstate
Contact: 760-672-8326
For sale
$399,900
Est. $2,496/mo —
Land
•
46.64
acres (lot)
0 Mt Olympus Valley Rd, Fallbrook, CA 92028
About this home
Discover a rare opportunity to own 46.64 acres tucked away in one of Fallbrook’s most scenic and sought-after areas. Perched high above the surrounding landscape, this exceptional property offers breathtaking 360-degree panoramic views of the Rainbow Heights countryside and the mountains beyond, all complemented by refreshing afternoon breezes. Envision your dream estate atop a premier knoll-top homesite with existing infrastructure already in place. The property features a septic layout for a 3-bedroom home, a 1” water meter, and paved access from two sides. Utilities are readily available, including underground electric and phone along Mt. Olympus Valley Road, as well as overhead services along Rainbow Heights Road. Several fire hydrants are also nearby, adding convenience and peace of mind. This expansive parcel offers incredible versatility with three additional septic layouts on file and multiple potential building pads already roughed in—ideal for a multi-structure estate, family compound, or future development potential. Experience nature at its finest. Enjoy private trails, seasonal creeks, and abundant wildlife—including the majestic red-tailed hawk soaring overhead. The land is rich with natural beauty, featuring ancient oaks, striking boulder formations, rolling hillsides, and native vegetation including chaparral, manzanita, and seasonal wildflowers. A seasonal creek borders the eastern edge, while Gomez Creek meanders through the property, enhancing its serene, park-like setting. Located within the prestigious Mt. Olympus enclave, this community is known for its privacy, large estate parcels, and tranquil country lifestyle. Despite its secluded feel, the property is conveniently situated just 10 minutes to I-15, 15 minutes to both Fallbrook village and Temecula. Adding even more value, a 1,400-acre county park borders the property to the east, offering direct access via your own private road. Explore miles of hiking and horseback trails, historic cabins, and old mining sites—your own gateway to a hidden natural playground.
46.64 acres tucked away in one of the most beautiful areas of Fallbrook. Imagine your dream home on one of the highest perches around, enjoying one of those prevalent afternoon breezes with 360-degree panoramic views of the surrounding highland countryside of Rainbow Heights and to the mountains beyond. Movement in the valley below catches your eye and you realize how special it is to be witnessing the sight of a soaring Red-Tailed Hawk from above. Prospective crown knoll home site accessed via Rainbow Heights Rd with septic layout for a 3-bedroom home and a 1” water meter was recently installed nearby on Rainbow Heights Rd. Paved street access on two sides, underground electric and phone available that runs along Mt Olympus Valley Rd. and above ground electric and phone also available on Rainbow Heights Rd. There are 3 additional septic layouts on file at the county with prospective rough pads still in place on the property to coincide with these layouts, which may offer additional options for where to build your home. County residential land use designation of RL-40 for just one residential unit on the entire 46 acres and is not splitable. Parcel also includes an agricultural conservation easement and could be a great match for someone with a passion to farm, such as avocados, flowers, citrus or a vineyard. Or perhaps just build your nice home and enjoy the natural surroundings. There are several farming operations of varying types and sizes in this neck of the woods. The neighboring property owners to the south currently farm a vibrant organic avocado grove and a good portion of it can be seen from this parcel’s crown knoll. Come and escape to the enchanted visual serenity in the highlands of Rainbow and be only minutes from I-15. APN 109-411-19-00.
CRMLS #NDP2110148
Jan 1, 2022
Listing Removed
—
Sep 8, 2021
Price Changed
$350,000
Aug 30, 2021
Listed
$399,000
Public Records
Dec 20, 2018
Sold
$200,000
CRMLS #SW17159750
Dec 14, 2018
Listing Removed
—
Oct 8, 2018
Price Changed
$275,000
May 23, 2018
Price Changed
$325,000
Jul 13, 2017
Listed
$379,000
SDMLS #170036647
Dec 14, 2018
Listing Removed
—
Dec 14, 2018
Listing Removed
—
Oct 8, 2018
Price Changed
$275,000
May 23, 2018
Price Changed
$325,000
Jul 13, 2017
Listed
$379,000
Jul 13, 2017
Listed
$275,000
SDMLS #301825171
Dec 14, 2018
Listing Removed
—
Jul 13, 2017
Listed
$275,000
SDMLS #150039398
Jul 13, 2017
Listing Removed
—
Jul 12, 2017
Listing Removed
—
Jul 17, 2015
Listed
$399,000
Jul 16, 2015
Listed
$399,000
CRMLS #T10006737
Oct 22, 2014
Listing Removed
—
May 21, 2013
Relisted
—
May 16, 2013
Pending
—
Nov 2, 2012
Price Changed
$379,000
Oct 4, 2010
Price Changed
$495,000
Jan 20, 2010
Listed
$595,000
CRMLS #61087603
Oct 22, 2014
Listing Removed
—
Oct 13, 2006
Listed
$379,000
Year
Property tax
Land + Additions
Assessment*
2025
$928 (−38.8%)
$2,631
2024
$1,517
$3,062
2023
$1,518 (−0.1%)
$1,642
2022
$1,520 (−59.0%)
$1,733
2021
$3,706 (−0.1%)
$1,736
2020
$3,710 (+1.6%)
$206,113
2019
$3,654 (+39.9%)
$204,000
2018
$2,611 (+0.9%)
$200,000
2017
$2,589
$101,718
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
46.64 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
2000
Style
Vacant Land
County
San Diego County
APN
1094111900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
A70
Limited Agricultural Zone
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
43% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 21 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
70
51
73
52
70
51
74
55
78
58
81
60
87
63
84
63
80
57
72
51
70
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 0 Mt Olympus Valley Rd
$377,391
$23K under list price of $400K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $185K to $1.1M.