Listed by Shane Strong, KW Temecula, (951) 304-1200
Old Highway 395
Fallbrook, CA 92028
(on 16.80 acres)
Local Information
-- mins to
Description
Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the Rainbow Restaurant on Historic Old Highway 395.
These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. Water, gas, electric are all extremely to the property line.
These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. Water, gas, electric are all extremely to the property line.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
1 day ago
Home Details for Old Highway 395
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Appliances & Utilities Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
View Has a ViewView: Hills, Mountain(s), Orchard, Rocks, Trees/Woods |
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Frontage Not on Waterfront |
Surface & Elevation Elevation Units: Feet |
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Days on Market: 1 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New ConstructionHas Additional Parcels |
Property Information Usage of Home: Horses, Improved, Investment, Multi-Family, Residential, StorageParcel Number: 1025301900Additional Parcels Description: 1025301800 |
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Price List Price: $777,000 |
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MLS Status: Active |
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Direction & Address City: FallbrookCommunity: Fallbrook |
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Listing Agent Listing ID: SW26143744 |
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Community Features: Foothills, Golf, HikingNot Senior Community |
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Association for this Listing: California Regional MLSHOA Fee: No HOA Fee |
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Lot Area: 16.8 Acres |
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Special Conditions: Standard |
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Contingencies: NoneListing Terms: Cash, Conventional, 1031 Exchange, FHA, Trust Conveyance, Trust Deed, VA Loan |
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Mls Number: SW26143744Living Area Range Units: Square FeetAttribution Contact: 661-400-5900Activation Date: Thu Jul 02 2026Common Interest: NoneStart Showing Date: Thu Jul 02 2026Universal Property Id: US-06073-N-1025301900-R-N |
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FoothillsGolfHikingSource Internet Entire Listing Display |
Last check for updates: about 8 hours ago
Listing Provided by: Shane Strong DRE #02248187, (661) 400-5900
KW Temecula
Diana Sousa Strong DRE #02230240, (951) 855-3557
KW Temecula
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SW26143744

Also Listed on CRMLS.
Market trends in Fallbrook
Last updated May 2026
Avg. sale price
$893K
$8.75KMoM
Sale-to-List Price
99.6%
Price per sq ft
$421
$1MoM
Available listings
275
14MoM
Price History for Old Highway 395
| Date | Price | Event | Source |
|---|---|---|---|
| 07/02/2026 | $777,000 | Listed For Sale | CRMLS #SW26143744 |
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Comparable Sales for Old Highway 395
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Lot/Land | $910,000 | 05/06/26 | - | - | ||
0.79 | Lot/Land | $500,000 | 03/24/26 | - | - | ||
0.71 | Lot/Land | $230,000 | 03/06/26 | - | - | ||
1.44 | Lot/Land | $520,000 | 12/30/25 | - | - | ||
1.15 | Lot/Land | $235,000 | 03/17/26 | - | - | ||
2.02 | Lot/Land | $200,000 | 10/14/25 | - | - | ||
2.04 | Lot/Land | $160,000 | 02/24/26 | - | - | ||
2.03 | Lot/Land | $176,000 | 04/10/26 | - | - | ||
2.17 | Lot/Land | $235,000 | 08/06/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for Old Highway 395.
What Locals Say about Fallbrook
At least 231 Trulia users voted on each feature.
83 % Say car is needed
81 % Say it's dog friendly
79 % Say parking is easy
77 % Say there's holiday spirit
73 % Say yards are well-kept
67 % Say it's quiet
63 % Say there's wildlife
59 % Say neighbors are friendly
58 % Say people would walk alone at night
54 % Say they plan to stay for at least 5 years
53 % Say kids play outside
46 % Say there are sidewalks
43 % Say it's walkable to grocery stores
41 % Say it's walkable to restaurants
39 % Say there are community events
33 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Shane Strong, KW Temecula
Agent Phone: (661) 400-5900

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Old Highway 395, Fallbrook, CA 92028 is a lot/land. This property is currently available for sale and was listed by CRMLS on Jul 2, 2026. The MLS # for this home is MLS# SW26143744.

