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21+/- ACRE custom home site located in the heart of North San Diego County. The growing community of Fallbrook is a scenic one hour drive north of the San Diego metropolitan area in North County's agricultural and equestrian heartland. Access to the property is by way of public and private roads. This spectacular view property is located in the desirable Rainbow area, just east of Interstate 15. The short and scenic drive from the freeway meanders up the Rainbow crest to a house pad offering big views to the south and west. An excellent home site at the southerly boundary of the property offers utilities at the street making this land ready for a quality custom home. A home constructed on this site will require a septic system. Neighborhoods: Rainbow Heights Other Fees: 0
Listing agent: Donn Bree DRE #01078868 donn@donn.com, Listing office: Chameleon/Red Hawk Realty
MLS data updated 10/19/2026, 8:25:07 AM PT
Source: CRMLS, MLS #: 140018848
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 18, 2014
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
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.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.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.