37 Rainbow Hills Road
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37 Rainbow Hills Road

Ddirt

Fallbrook, CA 92028

$6,895,000

Lot Size

47.15 acres

Asking $/Acre

$146,235

Days on Market

44

Property Type

Land

HOA/mo

N/A

MLS ID

ND26205327

This property is in Fallbrook (92028). View the Fallbrook land market →

About This Property

Perfect for a secluded hilltop estate on one of the highest hills in the area with 360 degree views of north San Diego county. Extra large potential hilltop natural pad area requiring minimal grading(no grading has been done). Private paved easement road leading from the locked gate to the dirt road leading up the hill to the top of the property. This road (dirt road-not easement road) has been recently cleared of brush(not graded). Located minutes from the I-15 freeway, about 15 minutes (from freeway)to Temecula(north), and 20 minutes(from freeway) to Escondido(south). Property is previously undeveloped, a clean slate with only native plants. No visible power lines or telephone poles currently on the property(other than the paved easement road). Water and electricity are located on the paved easement road. 2" water meter in place.

Location

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Zoned Schools

  • Elementary

    William H. Frazier Elementary · grades K-6 · Fallbrook Union Elementary

  • Middle

    James E. Potter Intermediate · grades 7-8 · Fallbrook Union Elementary

  • High

    Fallbrook High · grades 9-12 · Fallbrook Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Dirt Analysis
Ddirt
1067% above comp value
Asking $6,895,000 vs ~$590,814 implied by sold-land comps
Lot size
47.15 acres
Asking $/acre
$146,235
Zip median $/acre (sold)
$13,354
Comp-implied value
$590,814

Benchmarked against 2,902 sold-land comps (5-yr, recency-weighted) via zip price-size model · high confidence. Land value is site-specific — zoning, utilities, access, and buildability are not modeled. Not an appraisal.