Rainbow Peaks Trl, Fallbrook, CA 92028
FOR SALE
6 ACRES
Listed by Benjamin Williams, Coldwell Banker Realty, (858) 755-0075

Rainbow Peaks Trl
Fallbrook, CA 92028

    $355,000

    Est. Mortgage $2,242/mo*

    $355,000

    Est. Mortgage $2,242/mo*
    (on 6 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    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 ideal—tempered 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 direction—westerly 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 deep—an 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 meter—offering 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 site—an 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 below—or vice versa—there’s ample space for flexible design. There’s 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 exaggeration—this 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!

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for Rainbow Peaks Trl

    Interior Features

    View
    Has a ViewView: City Lights, Mountain(s), Ocean

    Exterior Features

    Frontage
    Road Surface Type: PavedNot on Waterfront
    Water & Sewer
    Sewer: Engineered Septic
    Farm & Range
    Horse Amenities: Riding Trail

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New ConstructionNo Additional Parcels
    Property Information
    Parcel Number: 1093108200

    Price & Status

    Price
    List Price: $355,000

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Fallbrook

    Agent Information

    Listing Agent
    Listing ID: NDP2510569

    Community

    Community Features: Biking, Hiking, Horse TrailsNot Senior Community

    HOA

    Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs)HOA Fee: No HOA Fee

    Lot Information

    Lot Area: 6 Acres

    Listing Info

    Special Conditions: Standard

    Offer

    Listing Terms: Conventional

    Miscellaneous

    Mls Number: NDP2510569Living Area Range Units: Square FeetWater ViewWater View: OceanAttribution Contact: benwilliamsteam@gmail.comUniversal Property Id: US-06073-N-1093108200-R-N

    Additional Information

    BikingHikingHorse TrailsSource Internet Entire Listing Display
    Last check for updates: about 1 hour ago
    Listing Provided by: Benjamin Williams DRE #01799217
    Coldwell Banker Realty
    Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
    Source: CRMLS, MLS#NDP2510569
    Also Listed on CRMLS.

    Price History for Rainbow Peaks Trl

    DatePriceEventSource
    11/05/2025$355,000Listed For SaleCRMLS #NDP2510569

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    Comparable Sales for Rainbow Peaks Trl

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.17
    Lot/Land
    $160,000
    02/24/26
    -
    -
    1.29
    Lot/Land
    $235,000
    03/17/26
    -
    -
    1.47
    Lot/Land
    $230,000
    03/06/26
    -
    -
    1.93
    Lot/Land
    $910,000
    05/06/26
    -
    -
    2.06
    Lot/Land
    $520,000
    12/30/25
    -
    -
    2.34
    Lot/Land
    $185,000
    11/17/25
    -
    -
    2.55
    Lot/Land
    $500,000
    03/24/26
    -
    -
    3.09
    Lot/Land
    $175,000
    03/06/26
    -
    -

    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

    Benjamin Williams, Coldwell Banker Realty
    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
    Rainbow Peaks Trl, Fallbrook, CA 92028 is a lot/land. This property is currently available for sale and was listed by CRMLS on Nov 5, 2025. The MLS # for this home is MLS# NDP2510569.