Details for Jeff's clients
Off-marketCompass Private Exclusive$899,0003 bd · 1 ba · 1,200 sq ftNear Escondido · 92025
Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
For sale212 days on market · MLS# 260005804
$699,000
6133 Rainbow Heights Rd, Fallbrook, CA 92028
2Beds
1Baths
1,826Sq ft
1970Built
185,130Lot sq ft
Listed by Karla L Mexia, eXp Realty of California, Inc. · 619-419-6619
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home
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.
Remarks provided by the listing agent through SDMLS.
Home facts
Everything SDMLS reports for this home$383Price per sq ft
NoneHOA dues
NoneMello-Roos / CFD
185,130 sq ftLot · 4.25 acres
3 garage + 4Parking spaces
YesADU / guest unit
197056 years old
212Days on market
Interior
Bedrooms2
Bathrooms1 full
Living area1,826 sq ft
Fireplace1 · FP in Living Room
Room sizes
Primary bedroom12 × 12 ft
Bedroom 212 × 12 ft
Living room20 × 16 ft
Dining room10 × 10 ft
Kitchen20 × 10 ft
Heating, cooling & utilities
SewerSeptic Installed
Exterior & lot
Lot size185,130 sq ft (4+ to 10 AC)
ViewEvening LightsMountains/HillsPanoramicValley/Canyon
FencingGate
Construction
Year built1970
Exterior wallsWood/Stucco
RoofShingle
Parking
Garage spaces3
Other spaces4
Total spaces7
Parking featuresAttached
HOA, fees & community
HOA duesNone
Mello-Roos / CFDNone
Property & listing details
Home typeDetached
OwnershipFee Simple
ZoningAGRICULTUR
Parcel number (APN)109-320-04-00
NeighborhoodFallbrook
Subdivision / tractFALLBROOK
MLS areaNorth County
CountySan Diego
Accepted financingCash, Conventional
Listed onMay 28, 2026
Original list price$699,000
Last price changeMar 11, 2026
Days on market212
MLS #260005804
Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.
Off-market · not on Zillow, Redfin or the MLS
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Details for Jeff's clients
Off-marketCompass Private Exclusive$3,600,0006 bd · 6 ba · 4,495 sq ftNear Escondido · 92029
Details for Jeff's clients
Off-marketCompass Private Exclusive$7,995,0007 bd · 6 ba · 9,900 sq ftNear Rancho Santa Fe · 92067
Compass Private Exclusives are not listed in the MLS and are not part of the SDMLS data on this site. Images show the neighborhood, not the home.
What it costs to own
Your estimated monthly cost
— / month
Principal & interest—
Property tax (1.15% a year)—
Home insurance (California average)—
HOA duesNone listed
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—
Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.
Rent vs. buy
Typical rent in 92028 is about $2,915/month. Owning this home runs about — more each month before tax benefits and equity.
Home values in 92028
+1%1 year
+19%5 years
+73%10 years
Estimates, not a loan quote. Tax uses the San Diego County typical rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros
Similar homes nearby
Based on information from the San Diego Multiple Listing Service as of November 11, 2026 at 4:01 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error
