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0 Rainbow Heights

Fallbrook, CA 92028
  • $1,300,000
  • STATUS: ACTIVE
  • ON SITE: 411 Days
  • ID#: 200002543
UPDATED: 16 min ago
$1,300,000
  • 0
    BEDS
  • 128.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

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 109-310-83 118.2 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

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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, non-commercial 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/110939216
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0 Rainbow Heights Fallbrook, CA 92028

  • Price: $1,300,000
  • Status: ACTIVE
  • On Site: 411 Days
  • Updated: 16 min ago
  • ID#: 200002543
0
Beds
0
Baths
0
½ Baths
128.07
Acres
Neighborhood:
Rainbow Highlands
County:
San Diego
Area:
Fallbrook (92028)
Property 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 109-310-83 118.2 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
Exterior Features

Fencing Other/Remarks Topography MountainousRolling

Property Features

Home Owners Fees 0.0 Other Fees 0.0 Possession Close Of Escrow Sewer Septic Perc Test CompletedOther/Remarks Terms Cash Utilities Available Below GroundElectricPropane

Listing provided courtesy of Sunshine Properties Realestate. Listing information © 2021 San Diego MLS Inc. Source: CR Paragon
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, non-commercial 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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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