Welcome to Rainbow, a peaceful community located on the east side of the I-15 in Fallbrook, just off Mission Road. About 10 minutes from the freeway, this property sits high above the valley in a special microclimate where the weather is idealtempered by unobstructed ocean views and refreshing coastal breezes. Situated along Rainbow Peaks Road, this parcel truly lives up to its name. Perched near the very top of the mountain, it offers panoramic views in every directionwesterly vistas of the Pacific Ocean and easterly views of the snow-capped mountains. Once part of a working avocado grove, the land still features several mature, producing avocado trees. This parcel is considered the premium lot of the subdivision, boasting the original commercial well that once serviced all the lots before subdivision. Now owned exclusively by this parcel, the well is nearly 1,000 feet deepan asset worth an estimated $100,000 to reproduce. The well is powered by a 200-amp electrical service, which is ready to handle much more. In addition, the property also has a water meteroffering the best of both worlds for reliable supply and fire safety. At the top of the property, a natural saddle between two peaks provides the perfect home sitean ideal location to take in both the westerly ocean sunsets and the easterly mountain sunrises. Septic engineering has already been completed. The parcel is located on a cul-de-sac with a paved, 24-foot-wide road, and as a corner lot, it offers convenient access from two sides. A gentle area below the top pad site provides additional building potential, surrounded by striking boulders and a beautiful Canary Island date palm. The lower portion of the property also includes legally deeded access along the power lines, additional usable land, and available electrical service. Whether you envision your main home at the top and an ADU belowor vice versatheres ample space for flexible design. Theres plenty of room for a workshop, barn, stables, RV or boat parking, and more. The property carries an L animal designator, allowing for a wide range of uses. No exaggerationthis is the best lot in the subdivision, fully loaded with utilities, views, and usability. A rare opportunity to build your dream home at the peak of Rainbow Peaks!
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
23/100
Walk Score ®
3/100
Bike Score ®
The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 6/100.
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1916 Gray Rabbit Hollow Lane
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1851 E Mission Road
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4060 Alta Vista
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Source: Realty.com
Rainbow Peaks, Fallbrook, CA 92028 is a , Land property listed for $355,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 49 photos of Rainbow Peaks.
The full address for this home is Rainbow Peaks, Fallbrook, CA 92028.
Rainbow Peaks has been listed on Realty.com since Tue October 07, 2025
Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 6/100.
There are 3 schools assigned to this home. Check out the schools near Rainbow Peaks. Live Oak Elementary School (Grades: PK - 6), James E. Potter Intermediate School (Grades: 7 - 8), Oasis High (alternative) School (Grades: 9 - 12)
Listing provided courtesy of:
Coldwell Banker Realty
(tel: 858-755-0075)
Listing agent:
Benjamin Williams
(#CRP-124263)
This content last refreshed on 2025-12-07 18:30:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of Rainbow Peaks, Fallbrook, CA 92028 : MLS# NDP2510569
