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John Fagan

john@johnfagangroup.com +1(669) 303-8501

Listed by Omar Ortiz, DRE #02056548 • My Realty Company, Inc.

$ 749,000

Est. payment | -/mo

1 Bed

1 Bath

888 SqFt

Save

$ 749,000

Est. payment | -/mo

Save

1 Bed

1 Bath

888 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 888 sqft

Price per Sqft $843

MLS Listing ID CRV1-39305

Bedrooms 1

Full Baths 1

Year Built 2015

Lot Size 1 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Nearly two acres of elevated Fallbrook Heights land with no HOA, no restrictions on yourvision, and a turnkey 2015-built cottage ready the day you close -- that is the opportunityat 5521 Rainbow Heights Rd. The 1.95-acre parcel sits in the Rainbow Heights corridor ofFallbrook, California's legendary avocado and citrus country, where acreage with thiscombination of usable land, modern construction, and zero HOA constraints is genuinely rare. The 888 sq ft single-family residence, built in 2015 and in nearly new condition, provides a clean, livable anchor while you plan what comes next -- whether that is anADU, an orchard, a hobby farm, outbuildings, or simply the privacy and elbow room that anear-two-acre elevated parcel delivers. The lot scale, the Fallbrook Heights topography,and the absence of HOA oversight are the story here; the move-in-ready cottage is thebonus. Gross rent estimate of approximately $3,716/month supports an investor or househack angle for a cash or portfolio-lender buyer. Cash buyers and land-savvybuyers with portfolio financing are best positioned. Verify all details independently.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Rooms

Dining Room Formal Dining Room

Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator

Interior

Heating Propane

Cooling Central AC

Fireplaces Type None

Laundry Other

Exterior

Parking Features Other

Fence None

Pool 31, None

View Hills, Ocean, Panoramic, Canyon, 34, Forest / Woods

Building

Story One Story

Foundation Pillars / Posts / Piers

Sewer Septic Tank / Pump

Water District - Public

Others

Tax ID 1026306600

Special Listing Condition REO / Bank Owned Property

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

5521 Rainbow Heights RD Fallbrook, CA 92028

John Fagan

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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5521 Rainbow Heights RD