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Closed
- Listed price
- $215,000
- Listed May 1, 2019
- Sold price
- $191,000
- Sold Mar 16, 2020
715,255 sqft lot00|259 days listed
0 Rainbow Heights Rd, Fallbrook, CA 92028
Property Description
A Meadow In The Sky. Located atop the Rainbow Peaks area of Fallbrook and surrounded by rocky ridges that view the western landscapes to the coast, lies this peaceful mountain meadow paradise. As you approach this large parcel you pass a gentle grassy meadow with giant old oak trees and hillsides full of beautiful boulders and chaparral. Blessed with paved streets, public water and power running along its western boundary. Seller is offering this 16.42-acre property, which has been held in the family since 1970, in its natural state for someone to create their dream. Just design where you want your home and a suitable septic field on the property as you like, such as on the ridge tops, over a gentle knoll, close to the meadow or whatever your heart desires. No through traffic near the end of Rainbow Peaks north and only a few minutes from I-15, yet far enough away from the sight and sounds of the freeway. Only 15 to 20 minutes to Temecula or Fallbrook Village, with bragging rights to be within the friendliest little valley (Rainbow Valley) in north county. 2 APNs: 109-232-05-00 and 109-231-07-00 Neighborhoods: Rainbow Peaks Other Fees: 0
Listing agent: Ralph FosterDRE #00856341ralphf@sunshineprops.net, Listing office: Sunshine Properties RealEstate
MLS data updated 10/19/2026, 8:38:11 PM PT
Source: CRMLSMLS #: 190023514
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$191,000
Mar 16, 2020
Available records22019–2020
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92028 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92028 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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