Home | San Diego County | Fallbrook | 92028 | 1 Rainbow Heights
MLS: CRND26157288 | Status: Active | Price: $595,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 85.91 | – |
Welcome to one of Fallbrook's most extraordinary legacy properties. 85.91 acres of breathtaking natural beauty tucked away in the private Rainbow Heights community. 3 total parcel, sold together, 1094120400, 1093510700 and 1094120500. Accessed by scenic private paved Sombrero Road, this remarkable estate property offers an unmatched combination of privacy and tranquility. Bordering approximately 1,600 acres of the protected Mount Olympus Preserve, this is more than vacant land it's your own private mountain valley where spectacular scenery, abundant wildlife, and peaceful seclusion create a setting unlike anything else currently available in Southern California. Here you will come upon Gomez Creek and additional seasonal streams, majestic coast live oaks, towering sycamores, rolling meadows, dramatic ridgelines, and panoramic mountain vistas that change with every season. Deer, hawks, eagles, foxes, and countless native species call this remarkable landscape home. Whether you envision building a world-class custom estate, an equestrian ranch, boutique vineyard, avocado or citrus grove, regenerative farm, luxury retreat, family compound, or simply preserving your own private sanctuary, this extraordinary property provides an exceptional canvas. Multiple potential building sites
| Field | Value |
|---|---|
| MLS # | CRND26157288 |
| MLS Source | California Regional MLS |
| Days on Site | 82 |
| Feature | Details |
|---|---|
| Horse Property | Yes |
| Feature | Details |
|---|---|
| HOA Fee | $0 |
| Zoning | NL, AGR, SEC, HU |
| Feature | Details |
|---|---|
| Lot Description | Agricultural Use |
Susannah Levicki
Capitis Real Estate
License #: 01921896
Phone: (951) 691-2048
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Vallecitos Elementary School | public | K-8 | 0.54 mi | 6 |
| Temecula Luiseno Elementary School | public | K-5 | 3.82 mi | 7 |
| Great Oak High School | public | 9-12 | 3.95 mi | 9 |
| Erle Stanley Gardner Middle School | public | 6-8 | 4.07 mi | 6 |
| Helen Hunt Jackson Elementary School | public | K-5 | 4.30 mi | 10 |
| Red Hawk Elementary School | public | K-5 | 4.39 mi | 10 |
| William H. Frazier Elementary School | public | K-6 | 4.94 mi | 7 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 38942 Jubilee Way | $499,000 | – | – | – | Active |
| $480,000 | – | – | – | Active |
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This listing information is up-to-date as of September 26, 2026. For the most current information, please contact Susannah Levicki, (951) 691-2048.