Listing Agent: Omar Ortiz      Broker/Office: My Realty Company, Inc.
5521 Rainbow Heights Road Fallbrook CA 92028
$ 749,000
  1   |    1   |    888 Sq Feet

Listing ID

#V1-39305

Status

Active

Property Type

Single Family Residence

County

San Diego

Year Built

2015

Lot Size

1

Days on website

1

Distress/Foreclosure

BO

Description
Nearly two acres of elevated Fallbrook Heights land with no HOA, no restrictions on yourvision, and a turnkey 2015-built cottage ready the day you close -- that is the opportunityat 5521 Rainbow Heights Rd. The 1.95-acre parcel sits in the Rainbow Heights corridor ofFallbrook, California's legendary avocado and citrus country, where acreage with thiscombination of usable land, modern construction, and zero HOA constraints is genuinely rare. The 888 sq ft single-family residence, built in 2015 and in nearly new condition, provides a clean, livable anchor while you plan what comes next -- whether that is anADU, an orchard, a hobby farm, outbuildings, or simply the privacy and elbow room that anear-two-acre elevated parcel delivers. The lot scale, the Fallbrook Heights topography,and the absence of HOA oversight are the story here; the move-in-ready cottage is thebonus. Gross rent estimate of approximately $3,716/month supports an investor or househack angle for a cash or portfolio-lender buyer. Cash buyers and land-savvybuyers with portfolio financing are best positioned. Verify all details independently.
Location
Financial Information
List Price:  $ 749000
Property Features
Appliances:  Dishwasher, Microwave, Refrigerator
Community Features:  Mountainous
Direction Faces:  West
Elementary School:  Fallbrook
Flooring:  Tile
Heating:  Propane
Laundry Features:  Inside
Levels:  One
Other Structures:  Storage
Parking Features:  Asphalt, Driveway
Patio And Porch Features:  Deck
Property Condition:  Turnkey
Road Surface Type:  Paved
Senior Community YN:  false
Structure Type:  House
View:  Canyon, Hills, Ocean, Panoramic, Rocks
Water Source:  Public
Window Features:  Blinds, Drapes
Elementary School:  Fallbrook
Senior Community YN:  false
MLS Area Major:  92028 - Fallbrook
City:  Fallbrook
Listed By:   Omar Ortiz   My Realty Company, Inc. 
CA Lic#