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Closed
- Listed price
- $199,000
- Listed May 24, 2022
- Sold price
- $185,000
- Sold May 17, 2023
280,962 sqft lot00|296 days listed
0 Rainbow Peaks Trail 83, Fallbrook, CA 92028
Property Description
Located on the eastern slopes of the Rainbow Highlands amongst giant boulders on its quiet ridge top, with views out over the upper valleys onto the snow caps on the horizon. This 6.45-acre parcel offers seclusion in a ranch style setting. Previously an old avocado grove. 24-foot-wide paved street & all of the services are ALREADY THERE. The property is ready to build on with a 1 1/2 inch water meter, power & telephone. A septic layout has been designed & approved by the county of San Diego, just waiting for you to design your dream home on the ridge top. 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. The great location of this property on the eastern side of the ridge provides a buffer from the freeway noise. Enjoy the real meaning of quiet & solitude for you & the resident Red-Tailed hawks circling out in front of you. Another bonus is approximately 2 acres of gentle meadow located at the lower eastern edge of this parcel, with 3 phase power travelling along the eastern boundary as well. This parcel and APN 109-310-59 are the first of 13 Rainbow Highlands parcels that will gradually be presented on the market over the next few years.
Listing agent: Ralph FosterDRE #00856341ralphf@sunshineprops.net, Listing office: Sunshine Properties RealEstate
MLS data updated 10/19/2026, 10:00:23 AM PT
Source: CRMLSMLS #: NDP2205249
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$185,000
May 17, 2023
Available records22022–2023
From MLS recordsActual listing and closing events
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
$185,000Closed sale · May 17, 2023ZIP 92028 · May 2023
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 · 2 price recordsMay 24, 2022 – May 17, 2023
ZIP 92028 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
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.
View listing & sale records
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.