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9.8 view acres with a barn. It is not every day you find the best of neighborhoods blessed with the greatest views in North San Diego County, from its mountain tops to views over the Rainbow and Fallbrook communities to the west and beyond to the coast. This property has an old metal barn approximately 30’ x 50’ that will need a little spiffing up. The old grove is gone but the irrigation system is still in place, with a giant 1 to 1 ½ acre pad area at a lower level. There is a 1 ½ inch water meter with 3-phase electric service to the property and a 4-bedroom septic layout which is in the design process. A new 24-foot-wide paved street to the Rainbow Heights Camp Road, with legal access all the way out to the county road, is now servicing the Rainbow Highlands parcels. CC&Rs in place (NO HOA!) to protect property owners. 2,500 square foot minimum building requirement. Be the first to build in a grand community, which was developed many years ago and held for this opportune moment. The Rainbow Highlands are only 10 minutes from I-15 and another 10 to 15 minutes to either Temecula or the friendly village of Fallbrook. Step out of the frenzied pace of today and enjoy being hidden away and overlooking the outside world in the solace of Rainbow Highlands. Neighborhoods: Rainbow Heights Other Fees: 0
Listing agent: Ralph Foster DRE #00856341 ralphf@sunshineprops.net, Listing office: Sunshine Properties RealEstate
MLS data updated 10/19/2026, 1:09:08 PM PT
Source: CRMLS, MLS #: 170045628
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 28, 2020
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
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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.