Rainbow Heights

Fallbrook, CA 92028
$1,300,000

Description

118.2 Acres encompassing 13 legal & large estate lots sold together offer an outstanding investment opportunity to purchase these lots at approximately $100,000 apiece, then build out each lot with beautiful estate homes in a beautiful area of ranch & grove estates. The area is called "Rainbow Highlands" and has the BEST views in Fallbrook looking west to the ocean and east to the snow-capped mountains. The estates are protected with CC&R's & Road Maintenance Agreement (2,500 sq. ft. stick-built homes). [Supplement]: At present, there are 2 parcels ready to build on with water meters, power & updated septic layouts. All other parcels have septic approval. Power is to or near all 13 lots and water meters are on many of the lots. A cul-de-sac services 5 lots. A new 24' wide road to development is from Rainbow Heights (Camp) Rd. You'll find absolute solitude and only 5 minutes to access I-15, with downtown Fallbrook, Bonsall and Temecula nearby. APNs: 109-310-49-00, 109-310-50, 109-310-51, 109-310-52, 109-310-53, 109-310-57, 109-310-58, 109-310-59, 109-310-61, 109-310-62, 109-310-63, 109-310-64 and 109-310-83

  • Property Details
    • Property
      • View:Hills, Mountains, Panoramic
      • Lot description:IrregularLot, RollingSlope
    • Measurements
      • Acres:128.08
  • Construction Details
    • Type & Style
      • Property type:Purchase
  • Utilities / Energy Details
    • Utility
      • Sewer information:Other, PercTestOnFile
      • Utility source:SeeRemarks
      • Utility features:ElectricityAvailable, ElectricityConnected, Propane, UndergroundUtilities
  • Community and Neighborhood Details
    • Location
      • County:San Diego
    • Community
      • Subdivision:FAL
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 700, 000
      • Selling office_commission:2.500
  • Other
    • Source
      • MLS #:200002543

Location

Lynn O'NeilReal Estate Group
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