Old Highway 395, Fallbrook, CA 92028
Property image
Property image
FOR SALE
3D VIEW
16.8 ACRES
Listed by Shane Strong, KW Temecula, (951) 304-1200

Old Highway 395
Fallbrook, CA 92028

    $777,000

    Est. Mortgage $4,729/mo*
    Get Pre-Qualified

    $777,000

    Est. Mortgage $4,729/mo*
    Get Pre-Qualified
    (on 16.80 acres)

    Home Highlights

    HOA
    None
    Listed
    46 days ago

    Local Information

    • Map ViewExplore the area around Old Highway 395.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, 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 close to the property line.

    Home Details for Old Highway 395

    Interior Features

    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

    Exterior Features

    Frontage
    Not on Waterfront
    Surface & Elevation
    Elevation Units: Feet

    Days on Market

    Cumulative Days on Market: 34Days on Market: 46

    Property Information

    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

    Price & Status

    Price
    List Price: $777,000

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: FallbrookCommunity: Fallbrook

    Agent Information

    Listing Agent
    Listing ID: SW26143744

    Community

    Community Features: Foothills, Golf, HikingNot Senior Community

    HOA

    Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 16.8 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Contingencies: NoneListing Terms: Cash, Conventional, 1031 Exchange, FHA, Trust Conveyance, Trust Deed, VA Loan

    Miscellaneous

    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

    Additional Information

    FoothillsGolfHikingSource Internet Entire Listing Display
    Last check for updates: about 10 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 July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $840K
    $45K    MoM
    Sale-to-List Price
    100.0%
    0.4%    MoM
    Price per sq ft
    $426
    $2    MoM
    Available listings
    244
    7    MoM

    Price and Tax history

    DateEventPrice
    Jul 2, 2026
    Source: CRMLS #SW26143744
    		Listed For Sale
    $777,000

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    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1719 Rainbow Valley Blvd, Fallbrook, CA
    0.40
    Lot/Land
    $910,000
    05/06/26
    -
    -
    2477 Lookout Mountain Rd #1025710200, Fallbrook, CA
    0.79
    Lot/Land
    $500,000
    03/24/26
    -
    -
    Huffstatler St, Fallbrook, CA
    0.48
    Lot/Land
    $175,000
    07/16/26
    -
    -
    2233 Rainbow Valley Blvd #0, Fallbrook, CA
    0.71
    Lot/Land
    $230,000
    03/06/26
    -
    -
    1313 Rice Canyon Rd, Fallbrook, CA
    1.44
    Lot/Land
    $520,000
    12/30/25
    -
    -
    5540 Rainbow Heights Rd, Fallbrook, CA
    1.15
    Lot/Land
    $235,000
    03/17/26
    -
    -
    Via Ladera, Fallbrook, CA
    1.49
    Lot/Land
    $350,000
    07/21/26
    -
    -
    Red Mountain Heights Dr, Fallbrook, CA
    2.02
    Lot/Land
    $200,000
    10/14/25
    -
    -
    Rainbow Peaks Trl #59, Fallbrook, CA
    2.04
    Lot/Land
    $160,000
    02/24/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    168 5th St, Fallbrook, CA 92028
    0.04
    -
    -
    -
    -
    Off Market
    4747 Oak Crest Rd #87, Fallbrook, CA 92028
    0.21
    $385,000
    3
    2
    1,894
    For Sale
    4747 Oak Crest Rd #23, Fallbrook, CA 92028
    0.21
    $429,500
    2
    2
    1,120
    Recently Sold
    4747 Oak Crest Rd #8, Fallbrook, CA 92028
    0.21
    $356,300
    2
    2
    1,325
    Off Market
    4747 Oak Crest Rd #36, Fallbrook, CA 92028
    0.21
    $247,200
    2
    2
    1,248
    Off Market
    4747 Oak Crest Rd #48, Fallbrook, CA 92028
    0.21
    $182,000
    2
    2
    1,248
    Recently Sold
    4747 Oak Crest Rd #76, Fallbrook, CA 92028
    0.21
    $455,000
    3
    2
    1,368
    For Sale
    4747 Oak Crest Rd #34, Fallbrook, CA 92028
    0.21
    $170,000
    2
    1
    800
    Recently Sold
    4747 Oak Crest Rd #28, Fallbrook, CA 92028
    0.26
    $345,000
    3
    2
    1,320
    For Sale
    4747 Oak Crest Rd #85, Fallbrook, CA 92028
    0.29
    $271,200
    2
    2
    1,056
    Off Market
    4747 Oak Crest Rd #100, Fallbrook, CA 92028
    0.29
    $329,700
    2
    2
    1,440
    Off Market

    Around this home

    What Locals Say about Fallbrook

    At least 232 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.
    • 8d4sbsmkv2
      "The Avacado Festival is an event that makes our neighborhood special because we gather to buy different things such as food, clothes, walk in family, and hang out and meet new people."
      0
      Flag
    • Fallbrookusa
      "Church’s, Avocado festival. Christmas Parade, small town feel with good restaurants a town supported by military."
      0
      Flag
    • Sunshine.ecorinne
      "We don’t have many events in my neighborhood but everyone is very kind. Then neighborhood is very relaxed and Fallbrook in general is a tight community "
      0
      Flag
    • Richelle Stephens
      "Small town feel without living far from civilization. People are generally nice and are active in the community. Sometimes I wish there was more kid friendly activities but we still find fun. "
      0
      Flag
    • Bren.nunez
      "Friendly neighborhood. Quiet neighborhood. Great place to live as a transition to a house. Condos are quiet. "
      9
      Flag
    • Trulia User
      "Quiet and clean. Feels good to come he to friendly neighbors and love that outdoorsy feel. "
      0
      Flag
    • Daveandmonique
      "Avocado Festival, summer nights, fall hoedown and Christmas Parade are some area specific seasonal events in Fallbrook.events"
      3
      Flag
    • Moy R.
      "Small streets can’t handle amount of cars in the roads every single day of the week. It is very annoying to drive around this town even during the week. "
      0
      Flag
    • Jordis F.
      "Quaint rural community with friendly folk. Fallbrook has unique topography and lots of trees, and nice outdoor activities."
      0
      Flag
    • Eric
      "The commute is longer than where I lived previously but that was a trade off for other things the area had to offer"
      1
      Flag
    • Jordis F.
      "I work remotely but close access to the 15 and 76. About ten minutes to the 15 and 76, and 30 minutes to the 5"
      3
      Flag
    • Harnackeb
      "I’ve lived in this super quiet neighborhood for seven years with an amazing view and amazing friendly neighbors who always look out after another. Great community!"
      7
      Flag
    • Stephanie R.
      "Not a lot of walking areas in my neighborhood but some parks and community areas are available which is nice "
      0
      Flag
    • Rodrigo G.
      "I bought a new house at Horse Creek Ridge last year, and I love it. really nice and save neighborhood with lots of parks, walking trails and an sport park. "
      0
      Flag
    • Jordis F.
      "We have a number of Halloween events that are safe and fun for the kids. We also have other annual events like the Avocado Festival and Art Faire."
      1
      Flag
    • William R.
      "People decorate their homes for holidays. Neighborhood still developing and should bring future events."
      0
      Flag
    • Kristin K.
      "That we are all very friendly and we all help each other out when it is needed. Can’t ask for better neighbors "
      0
      Flag
    • Sonja S.
      "People are very friendly. It’s such a tranquil place to live. Central to everything with a small town feel. Love it "
      0
      Flag
    • Nancy C.
      "I see people walking with their dogs all the time. I see people exercising and going to public events. I like Fallbrook's vibe. "
      5
      Flag
    • Pcrazyfeet
      " I no loner if I did, I would be going north in the morning against traffic, so it would be 15-20 commute"
      0
      Flag
    • B1ack
      "That everyone tries to keep pets safe. If a dog gets out, most try to find the owners. There is also a community app to post information so everyone knows what’s going on around us."
      3
      Flag
    • Pcrazyfeet
      "Very rural. No public transportation. No malls, just a couple of markets. Nice restaurants. No hospital"
      1
      Flag
    • Gonza190
      "Small town. Everyone knows when you fart. Gossip girl kinda town. Schools suck, fact check me on this one. It’s true schools suck look at scores "
      5
      Flag
    • Funkyones
      "Rural area & lots of country to spread out‼️‼️ Nice homes & small town atmosphere👍👍 Lots of GREAT SCHOOLS & Football on Fridays night is the place to be.. Stay in Fallbrook to shop or travel a half an hour on Freeway North or South (City Trip) & find what ur looking for.. "
      1
      Flag
    • Jesus P.
      "Friendly small town. Not topical or California. Lots of vegetation compared to the surrounding cities. Country living feeling, with lots of ranch style homes."
      0
      Flag
    • Tyhawthorne6
      "There’s no yard in the apartments by the gate to get on base so you you have to take your dog somewhere to Poo but it’s a lovely area "
      1
      Flag
    • Kpaintermeyers
      "Convenient to the 15 freeway, short commute to Camp Pendleton. Easy option to take the old hwy 395 when the 15 backs up at commute time. "
      1
      Flag
    • Jolene
      "I moved here 2 years ago and it is my new home. Private and friendly. Family oriented with a lot of community events."
      0
      Flag
    • Brittanygraves10
      "Unsafe, unkept, no local police. Only Sheriff. A lot of unkept areas and a lot of burglaries at homes."
      3
      Flag
    • J
      "It is a great neighborhood, close to parks, and schools. The culture is unique with art shows, and festivals in the summer."
      0
      Flag
    • Fmom411
      "Great small town community near very large metros. Close enough to big box stores but also quaint with everything needed in town. People that love her, LOVE living here so pride in the town is high. Great restaurants! "
      3
      Flag
    • Dawn
      "no off leash areas are a point of contention. no off leash allowed, but some do anyway and create tension. need dog park area for them. "
      0
      Flag

    LGBTQ Local Legal Protections

    Frequently asked questions about Old Highway 395

    • How big is Old Highway 395?
      Old Highway 395 in Fallbrook, CA is about 16.8 acres.
    • What is the price per acre for Old Highway 395?
      Old Highway 395 in Fallbrook, CA is listed at $777,000, or about $45K per acre.
    • What do residents say about Fallbrook?
      Residents describe Fallbrook, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Fallbrook, CA.
    • What are the closest schools to Old Highway 395?
      The closest schools to Old Highway 395 in Fallbrook, CA are Fallbrook High School (rated 6/10), Vallecitos Elementary School (Middle, rated 6/10).
    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 2026-08-17 00:14:53 PDT 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.