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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,115,000

Est. payment - /mo

5.86 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Fallbrook

MLS Listing ID ND25229991

HOA Y/N No

Year Built 1983

Lot Size 5.860 Acres

Property Sub-Type Triplex

Property Description

Investor's dream in Rainbow! This secluded 5.86-acre estate features three detached income-producing homes with panoramic mountain and canyon views: a 2BR/2BA main house (1,527 sq ft) currently available for rent, a 1BR/1BA guest house (958 sq ft) with a 3-car garage/workshop (approx. 952 sq ft), and a charming 1BR/1BA cottage (410 sq ft) known as “The Hideaway.” All residences showcase quality craftsmanship—hardwood floors, custom cabinetry, artistic woodwork, and two with steam showers—plus unique outdoor living including a hot/cold shower. Modern upgrades include paid solar, Starlink internet, high-end appliances, and 2x6 construction. Ideal for investors seeking rental income, multigenerational living, vacation rentals, or retreat potential. A lower pad offers water, utilities, and septic access with room to add another home, maximizing upside. A rare opportunity for cash flow and future expansion in a peaceful, highly desirable location. See supplemental for rental details.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Interior

Interior Features Balcony, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Pantry, Storage, All Bedrooms Down, Walk-In Pantry

Heating Central, Forced Air, Fireplace(s), Oil, Pellet Stove

Cooling None

Flooring Wood

Fireplaces Type Bath, Free Standing, Kitchen, Living Room, Pellet Stove, Propane

Inclusions washers, dryers, refrigerators

Fireplace Yes

Appliance Dishwasher, Electric Oven, Electric Range, Propane Oven, Propane Range, Refrigerator, Tankless Water Heater, Water Heater, Dryer, Washer

Laundry Inside, In Garage

Exterior

Parking Features Door-Multi, Direct Access, Driveway, Driveway Up Slope From Street, Garage, Garage Door Opener, Gravel, Gated, Paved, RV Potential, Garage Faces Side, Workshop in Garage

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link, Partial

Pool None

Community Features Rural

View Y/N Yes

View Hills, Mountain(s), Valley

Roof Type Composition

Total Parking Spaces 10

Private Pool No

Building

Lot Description Agricultural, Sloped Down, Front Yard, Garden, Horse Property, Landscaped, Paved, Sprinkler System

Story 2

Entry Level One,Two

Sewer Septic Type Unknown

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 1100212000

Energy Description 600.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Horse Property Yes

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Virtual Tour https://showcase.zinmeta.com/order/c3fecc58-c638-4643-9aad-08dd9fa2c99e

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Listed by Susannah Levicki Capitis Real Estate 9516912048

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335 Rainbow Crest Fallbrook, CA 92028