Welcome to 6133 Rainbow Heights Rd, an exceptional 4.25-acre investment opportunity in the sought-after hills of Fallbrook. Zoned Agricultural and offering 360-degree panoramic views, this unique property is perfect for those looking to capitalize on multi-family development, generational living, ADU additions, or flip projects. Featuring two existing fixer units, the lot presents immediate upside for investors or owner-builders. Renovate and resell the existing 2bd 1ba detached home and 1bd 1ba ADU, add units for rental income, or design a custom estate with multiple dwellings, the flexibility is unmatched. With existing utilities on site, the path to development is already in motion. Surrounded by custom homes and tucked in a peaceful setting, this is the kind of property where vision becomes reality. Located in the 92028 zip code and just minutes from downtown Fallbrook, Temecula wine country, and North San Diego County, you’ll enjoy easy access to shopping, dining, and freeways while still savoring rural charm. Whether you're building a multi-generational retreat, creating an income-producing property, or searching for a high-upside flip opportunity, this is a rare find in one of Southern California’s most promising investment pockets.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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