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Welcome to one of Fallbrook's most extraordinary legacy properties. 85.91 acres of breathtaking natural beauty tucked away in the private Rainbow Heights community. 3 total parcel, sold together, 1094120400, 1093510700 and 1094120500. Accessed by scenic private paved Sombrero Road, this remarkable estate property offers an unmatched combination of privacy and tranquility. Bordering approximately 1,600 acres of the protected Mount Olympus Preserve, this is more than vacant land it's your own private mountain valley where spectacular scenery, abundant wildlife, and peaceful seclusion create a setting unlike anything else currently available in Southern California. Here you will come upon Gomez Creek and additional seasonal streams, majestic coast live oaks, towering sycamores, rolling meadows, dramatic ridgelines, and panoramic mountain vistas that change with every season. Deer, hawks, eagles, foxes, and countless native species call this remarkable landscape home. Whether you envision building a world-class custom estate, an equestrian ranch, boutique vineyard, avocado or citrus grove, regenerative farm, luxury retreat, family compound, or simply preserving your own private sanctuary, this extraordinary property provides an exceptional canvas. Multiple potential building sites offer stunning view opportunities. Unlike many large acreage properties, With water and power to the land there is a private paved access road that provides convenience rarely found with properties of this size. Located just minutes from Fallbrook, Temecula Wine Country, and Interstate 15. This is more than a land purchase, it's an opportunity to create a legacy property that can be enjoyed for generations. Come experience one of North San Diego County's hidden treasures.
Listing agent: Susannah Levicki DRE #01921896 susannahsellsrealestate@gmail.com, Listing office: Capitis Real Estate
MLS data updated 10/20/2026, 3:39:23 AM PT
Source: CRMLS, MLS #: ND26157288
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 24, 2026
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
$595,000Asking price recorded · Sep 24, 2026ZIP 92028 · Sep 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.