$355,000

Rainbow Peaks, Fallbrook, CA 92028

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon6acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property 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 idealtempered 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 directionwesterly 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 deepan 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 meteroffering 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 sitean 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, surro

Listing Status:
Active
Listing Office:
Coldwell Banker Realty : 858-755-0075
Listing Agent:
Benjamin Williams : 760-815-1400
MLS ID:
NDP2510569
  • HOA Amenities: 0.0
  • Originating MLS: CRP
  • County: San Diego
  • Zoning: 1093108200
  • Source: CRP

This listing courtesy of Benjamin Williams, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

Oasis High (Alternative)

2208 S Stage Coach Ln, Fallbrook, CA, 92028

Grades 9-12

1.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby