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Rainbow Heights Rd @ Mt Olympus Valley Rd
Fallbrook, CA 92028

$900,000 USD

Land For Sale  •  118.2 AC

Property Details

  • Property Type Land
  • Lot Size 118.2 AC
  • Zoning A-70
0 Transit Score
1 Walk Score

Description

118+ acres encompassing 11 legal and large estate lots sold together offer an outstanding investment opportunity to purchase these lots at approximately $100,000 apiece, then build out each lot with beautiful estate homes in a wonderful area of ranch & grove estates. The area is called “Rainbow Highlands” and has the BEST views in Fallbrook looking west toward the coast and east to the snow-capped mountains. The estates are protected with CC&R’s & Road Maintenance Agreement (2,500 sq. ft. stick-built homes). At present, there are 2 parcels ready to immediately build on with water meters, power & septic layouts. All other parcels have septic approval.  Power is to or near all 13 lots and water meters on many of these lots.  A cul-de-sac services 5 lots.  A new 24' wide road to the development is from Rainbow Heights (Camp) Rd.  You’ll find absolute solitude and only 5-10 minutes to access I-15, with downtown Fallbrook, Bonsall and Temecula nearby. 
APNs: 109-310-49-00, 109-310-50, 109-310-51, 109-310-52, 109-310-53, 109-310-57, 109-310-58, 109-310-59, 109-310-61, 109-310-62, 109-310-64 and 109-310-83

Highlights

Build Estate Homes on Mountain Top
Forever Views
Only minutes to I-15

Property Flyers

Ralph Foster 760-802-4272 Sunshine Properties Real Estate
Ralph Foster 760-802-4272 Sunshine Properties Real Estate