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Rainbow Crest Fallbrook

Adirt

Fallbrook, CA 92028

$195,000

Lot Size

2.16 acres

Asking $/Acre

$90,277

Days on Market

138

Property Type

Land

HOA/mo

N/A

MLS ID

IG26138802

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

About This Property

Build Your Dream Home on 2.16 Acres with Stunning Views in Fallbrook!. This 2.16-acre residential lot in Fallbrook’s desirable A70 zone is a rare opportunity to build your custom dream home with breathtaking panoramic views. Enjoy the freedom and flexibility of a spacious lot where you can create a private retreat, a family estate, all while surrounded by nature and scenic vistas. With AUD possibilities this property can also make a great investment property. Imagine waking up every day to breathtaking panoramic views on this beautiful 2.16-acre residential lot in Fallbrook. Perfectly suited for your dream home, this property offers space, privacy, and endless possibilities. Whether you’re looking to create a peaceful retreat or a custom estate, this lot is a rare opportunity to design the home you’ve always wanted. Don’t miss your chance to own a slice of Fallbrook paradise!

Location

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What a Buyer Will Check

Skip: too steep

About 2.0 acres of vacant residential land on Rainbow Crest Rd, county land with a Fallbrook address, zoned A70, limited agriculture, 4-acre minimum lot. Most of it is steep: lidar puts the median slope at 37%, with 97% of it over 25%, and the soil survey calls it rocky sandy loam, somewhat excessively drained, very limited for houses. It sits outside the flood zone, in a High fire zone. No public road frontage was found. Water comes from Rainbow Municipal Water District. Sewer is unknown.

Slopemedian 37%, 97% over 25%, about 2,700 sq ft under 25%USGS 1 m lidar
Soilrocky sandy loam, somewhat excessively drained, very limited for housesNRCS soil survey · Sep 11, 2026
Floodzone X, minimalFEMA flood map · Aug 28, 2008
FireHighCAL FIRE hazard zones
Road frontageno public road frontage foundSanGIS rights of way · Nov 3, 2026
ZoningA70, limited agriculture, 4-acre minimum lotCounty of San Diego zoning · Apr 7, 2026
Homes allowedabout 1 (1 per 20 acres on this slope)County of San Diego zoning · Apr 7, 2026
WaterRainbow Municipal Water DistrictSANDAG water districts
SewerUnknown: no answer in the public recordCounty sewer and septic screening · May 7, 2025
Coastal ZoneoutsideSANDAG coastal zone
Farm contractno farm contractCounty farm contracts
Elevation1,527 ft, 1,464 to 1,572 ft across the lotUSGS 1 m lidar

From FEMA, USGS lidar, the USDA soil survey, CAL FIRE, SANDAG and county and city zoning, checked Nov 7, 2026. Public records, not a survey: confirm with the city or county before you buy.

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Zoned Schools

Elementary
Vallecitos Elementary · grades K-8 · Vallecitos Elementary
Middle
Vallecitos Elementary · grades K-8 · Vallecitos 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

Adirt

19% below comp value

Asking $195,000 vs ~$241,045 implied by sold-land comps

Lot size: 2.16 acres
Asking $/acre: $90,277
Zip median $/acre (sold): $115,132
Comp-implied value: $241,045

Price history

Sep 23, 2026$225,000 → $195,000-13.3%

Benchmarked against 2,889 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.