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6133 Rainbow Heights Rd, Fallbrook, CA 92028

List Price: $749,900On Market FlagOn market
Jul 30, 20251,826 sqft4 beds2 baths
Listed by: Karla Mexia
License #: 02136510
Phone #: 619-419-6619
Premier Agency Real Estate Inc.
Source:
CRMLS Logo
MLS #: 250034899SD

Property Description

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.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$16,703

TurboHome Estimated Value

$931,700

$510 sqft

High Valuation
$978,285
$536/sqft
Normal Valuation
$931,700
$510/sqft
Low Valuation
$885,115
$485/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$510/sqft$931,700

Neighborhood: Fallbrook

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Comparative Value

$750K

$900K

$971K

$1.06M

6133 Rainbow Heights Rd, Fallbrook, CA 92028

List Price: $749,900

Subject Property

1858 Canyon Heights Rd, Fallbrook, CA 92028

Sale Price: $900,000

Selected Comparable

2039 Rice Canyon Rd 41, Fallbrook, CA 92028

Sale Price: $971,000

Selected Comparable

5534 Rainbow Heights Rd, Fallbrook, CA 92028

Sale Price: $1,065,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
6133 Rainbow Heights Rd, Fallbrook, CA 92028

6133 Rainbow Heights Rd, Fallbrook, CA 92028

List: $749,900

Listed: 7/30/2025

Area:1,826 sqft
Price/sqft:$411
Beds:4
Baths:2
Year Built:
Lot Size:185,130

Comparable Properties

COMPARABLE
Choose comps
1858 Canyon Heights Rd, Fallbrook, CA 92028

1858 Canyon Heights Rd, Fallbrook, CA 92028

Sale: $900,000

10/8/20241.35 mi

Area:1,920 sqft
Price/sqft:$469
Beds:3
Baths:3
Year Built:
Weight:39.2%
2039 Rice Canyon Rd 41, Fallbrook, CA 92028

2039 Rice Canyon Rd 41, Fallbrook, CA 92028

Sale: $971,000

9/19/20241.10 mi

Area:2,130 sqft
Price/sqft:$456
Beds:5
Baths:3
Year Built:
Weight:33.9%
5534 Rainbow Heights Rd, Fallbrook, CA 92028

5534 Rainbow Heights Rd, Fallbrook, CA 92028

Sale: $1,065,000

8/30/20240.87 mi

Area:2,515 sqft
Price/sqft:$423
Beds:3
Baths:3
Year Built:
Weight:26.9%

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