$699,000
- 2 Beds
- 1 Bath
- 1,826 sqft (on 4.25 acres)
6133 Rainbow Heights Rd, Fallbrook, CA 92028
Est. Mortgage $4,489/mo*
Get Pre-QualifiedHome Highlights
Single-Family Home
Built in 1970
4.25 acre lot
$383/sqft
Garage
Local Information
-- mins to
About this House
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.
Last check for updates: about 16 hours ago
Listing courtesy of Karla L Mexia DRE #02136510, (619) 419-6619
eXp Realty of California, Inc.
Originating MLS: SDMLS
Source: SDMLS, MLS#260005804

Also Listed on SDMLS, eXp Realty.
Home Details for 6133 Rainbow Heights Rd
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1826 Square Feet |
Appliances & Utilities Appliances: Other/RemarksLaundry: Other/Remarks |
Heating & Cooling Heating: Other/RemarksAir Conditioning: Other/RemarksHeating Fuel: Other Remarks |
Fireplace & Spa Number of Fireplaces: 1Fireplace: FP in Living Room |
Levels, Entrance, & Accessibility Levels: Other/Remarks |
View Has a ViewView: Evening Lights, Mountains/Hills, Other/Remarks, Panoramic, Valley/Canyon |
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Exterior Home Features Roof: ShingleFencing: Gate, Other/RemarksOther Structures: Other/Remarks |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageParking Spaces: 7Parking: Attached |
Pool Pool: N/K |
Frontage Not on Waterfront |
Water & Sewer Sewer: Other/Remarks, Septic Installed, Unknown |
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Days on Market: 180+ |
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Year Built Year Built: 1970 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Wood/Stucco, Other/Remarks |
Property Information Parcel Number: 1093200400 |
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Price List Price: $699,000Price Per Sqft: $383 |
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MLS Status: ACTIVE |
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Direction & Address City: FallbrookCommunity: FALLBROOK |
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Listing Agent Listing ID: 260005804 |
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Building Area Building Area: 1826 Square Feet |
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Association for this Listing: SDMLSHOA Fee: No HOA Fee |
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Lot Area: 4.25 Acres |
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Special Conditions: Other/Remarks |
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Listing Terms: Cash, Conventional, Other/Remarks |
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Mls Number: 260005804Showing Service Name: ShowingTime |
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Source Internet Entire Listing Display |
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.
Market trends in Fallbrook
Last updated August 2026
Avg. sale price
$865K
$24.58KMoM
Sale-to-List Price
100.0%
Price per sq ft
$432
$6MoM
Available listings
233
12MoM
Home Value
Trulia Estimate
$688KSince last month
Increased$21K (+3.1%)Since last year
Decreased$32K (-4.5%)Since last sale
Increased$608K (+760.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +36% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $688K |
| August 2026 | $668K |
| July 2026 | $668K |
| June 2026 | $668K |
| May 2026 | $668K |
| April 2026 | $667K |
| March 2026 | $682K |
| February 2026 | $719K |
| January 2026 | $720K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
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 |
|---|---|---|---|---|---|---|---|
0.38 | Single-Family Home | $745,000 | 09/21/26 | 2 | 1.5 | 1,260 | |
0.49 | Single-Family Home | $1,145,000 | 02/02/26 | 2 | 2 | 1,967 | |
0.50 | Single-Family Home | $1,250,000 | 02/06/26 | 3 | 3 | 2,900 | |
0.60 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 | |
0.58 | Single-Family Home | $1,060,000 | 04/24/26 | 3 | 2.5 | 2,400 | |
0.45 | Single-Family Home | $1,100,000 | 11/05/25 | 4 | 3 | 5,117 | |
0.94 | Single-Family Home | $650,000 | 09/01/26 | 3 | 2 | 1,400 | |
1.38 | Single-Family Home | $580,000 | 10/29/25 | 2 | 2 | 1,371 | |
1.06 | Single-Family Home | $890,000 | 08/31/26 | 3 | 3 | 1,900 |
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 |
|---|---|---|---|---|---|---|
0.12 | $1,139,500 | 3 | 3 | 2,820 | Off Market | |
0.17 | $3,999,000 | 4 | 3 | 2,568 | For Sale | |
0.24 | $1,199,979 | 4 | 3 | 3,206 | For Sale | |
0.32 | - | - | - | - | Off Market | |
0.38 | $745,000 | 2 | 1.5 | 1,260 | Recently Sold | |
0.38 | $987,900 | 3 | 2 | 1,568 | Off Market | |
0.41 | $520,000 | - | - | - | Recently Sold | |
0.45 | $1,106,000 | 4 | 3 | 5,117 | Off Market | |
0.49 | $1,145,000 | 2 | 2 | 1,967 | Recently Sold | |
0.50 | $1,250,000 | 3 | 3 | 2,900 | Recently Sold | |
0.55 | $639,000 | - | - | - | For Sale |
Price and Tax history
| Date | Event | Price |
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May 29, 2026 Source: SDMLS #260005804 | PendingToActive | $699,000 |
Apr 28, 2026 Source: SDMLS #260005804 | Pending | $699,000 |
Mar 12, 2026 Source: SDMLS #260005804 | Listed For Sale | $699,000 |
Jan 1, 2026 Source: SDMLS #250034899 | ListingRemoved | $749,900 |
Sep 8, 2025 Source: SDMLS #250034899 | PendingToActive | $749,900 |
Aug 19, 2025 Source: SDMLS #250034899 | Pending | $749,900 |
Jul 31, 2025 Source: SDMLS #250034899 | Listed For Sale | $749,900 |
Jul 1, 2025 Source: N/A | Sold | $80,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $594,972 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Karla L Mexia, eXp Realty of California, Inc.
Agent Phone: (619) 419-6619

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
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Frequently asked questions about 6133 Rainbow Heights Rd
- What is the estimated monthly payment for 6133 Rainbow Heights Rd?Based on a $699,000 list price with 20% down at today's rates, the estimated monthly payment for 6133 Rainbow Heights Rd in Fallbrook, CA is approximately $4,526 (about $3,769 principal & interest, $682 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 6133 Rainbow Heights Rd compare to homes in Fallbrook?6133 Rainbow Heights Rd in Fallbrook, CA is listed at $699,000, about 19% below the $865K median sale price in Fallbrook.
- 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 6133 Rainbow Heights Rd?The closest schools to 6133 Rainbow Heights Rd in Fallbrook, CA are Fallbrook High School (rated 6/10), Vallecitos Elementary School (Middle, rated 6/10).
- Does 6133 Rainbow Heights Rd have a pool?Yes, 6133 Rainbow Heights Rd in Fallbrook, CA has a pool.
- Does 6133 Rainbow Heights Rd have laundry facilities?Yes, 6133 Rainbow Heights Rd in Fallbrook, CA has laundry facilities.
6133 Rainbow Heights Rd, Fallbrook, CA 92028 is a 2 bedroom, 1 bathroom, 1,826 sqft single-family home built in 1970. This property is currently available for sale and was listed by SDMLS on Mar 12, 2026. The MLS # for this home is MLS# 260005804.

