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Sold for $650,000 on 05/03/24
  • Listing Provided by: 

    Ronald Brookshire DRE #01050798 ron@ronbrookshire.com,

    The Property Place

    $650,000

    5532 Rainbow Heights Rd, Fallbrook, CA 92028

    3beds
    2,000sqft
    Single Family Residence
    Built in 1972
    1.98 Acres Lot
    $977,100 Zestimate®
    $325/sqft
    $4,020 Estimated rent

    What's special

    Opportunity knocks with this two on one with panoramic views. Almost 2 full acres and fully fenced, there is plenty of room for your imagination. This fixer requires cash or a motivated 203k buyer – get a rehab loan and construct this home the way you want! This is a huge opportunity for someone to live in one home and rent out the other, alleviating some of the cost of ownership. The main home is two stories. The entrance features a generous living space with open concept kitchen, living room, dining area, and a half bath. Downstairs offers dual primary suites with attached bathrooms. Both levels offer incredible views. Balconies need full remodel, which should be covered through a rehab loan. Right next door is another two-story home. Enjoy the floor plan as-is or you could turn this into a 2 bedroom it’s up to you.

    Zillow last checked: 7 hours ago

    Listing updated: May 03, 2024 at 01:09pm

    Listing Provided by:

    Ronald Brookshire DRE #01050798 ron@ronbrookshire.com,

    The Property Place

    Bought with:

    Jesus Sanchez, DRE #01462093

    Real Estate People

    Source: CRMLS,MLS#: PTP2401702MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Range, Gas Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 2
    • Pool features: None
    • Has view: Yes
    • View description: Meadow, Mountain(s), Panoramic
    Lot
    • Size: 1.98 Acres
    • Features: Agricultural, Sloped Down, Irregular Lot, Lot Over 40000 Sqft, Yard
    Details
    • Parcel number: 1026306200
    • Zoning: AGRICULTURAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1972

    Community & neighborhood

    Community
    • Community features: Rural
    Location
    • Region: Fallbrook

    Other

    Other facts
    • Listing terms: Cash,FHA 203(k)
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $977,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $977,100