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6750 Rainbow Heights Road, Fallbrook, CA 92028

$1.1M4bd · 2ba · 3,168 sqft
Lot 41 sqft•Single Family Residence•
Active
•222d on market•MLS# OC-26046121

Property Description

***BACK ON MARKET AFTER BUYER FAILED TO PERFORM!*** Perched atop more than 40 private acres, this extraordinary hilltop estate commands sweeping 360-degree views spanning North San Diego County, surrounding mountain ridgelines, and all the way to Catalina Island on clear days. Offering unmatched privacy, breathtaking sunsets, equestrian potential, and endless possibilities, this is a rare opportunity just south of Temecula Wine Country. Whether enjoyed as a secluded private retreat or further developed to capitalize on its desirable A70 zoning, the property's potential is nearly as expansive as its views. Tucked at the end of a private road with convenient access to Interstate 15, the setting feels worlds away while remaining just minutes from shopping, dining, and everyday amenities. Lovingly maintained, the residence features new dual-pane windows, fresh interior paint, and new carpeting, all thoughtfully integrated to preserve its rustic character. The main level offers a spacious living room framed by panoramic view windows, two bedrooms, and a large entertainer's kitchen. Upstairs, a generous bonus family room and dedicated office accompany two oversized bedrooms, each spanning the width of the home and offering dual exposures to both the ocean-view and mountain-view sides. These flexible spaces can easily function as additional sleeping areas, guest quarters, or multipurpose rooms. Energy-efficient upgrades include grid-connected solar, a Solahart solar water heating system, a roof designed for optimal insulation performance, and a raised foundation with an expansive crawlspace. Maintained using organic farming practices, the land has previously supported orchards and vineyards and is well-positioned for future agricultural use. This expansive horse property offers ample room for riding, grazing, barns, arenas, and other equestrian improvements. Sandy loam soil provides excellent drainage and growing conditions, while extensive irrigation lines serve cleared portions of the property. Carefully crafted terracing and stone masonry create inviting outdoor spaces and abundant parking. A 24' x 24' equipment shed with a 7-foot roll-up door and secondary access door provides ample storage for tractors, tools, and equipment. From private estate living and boutique agriculture to future development opportunities, this remarkable property offers a truly unparalleled lifestyle in one of Southern California's most scenic settings.

Features & Amenities

FallbrookFeeBuilt 1979

Property Details

Subdivision
Fallbrook
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
6
Garage Spaces
0
Heating
Wood Stove
Cooling
None
View
Canyon, City Lights, Desert, Hills, Mountain(s), Ocean, Panoramic, Rocks, Valley
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byHomeSmart, Evergreen Realty, Brooke Miller

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,562.20
Principal & Interest
Loan Amount
$880,000
Total Interest
$1,122,391
Total Payment Over 30 Years
$2,002,391
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Fallbrook

This property is located in Fallbrook, a community in Fallbrook. Explore more listings in this neighborhood to compare options and pricing.

View Fallbrook Listings

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

6750 Rainbow Heights Road, Fallbrook, CA 92028

Fallbrook · Fallbrook · Single Family Residence

$1.1M
Luxury Tier
Beds
4
Baths
2
Sqft
3,168
Lot
40.92 ac
Year
1979
$/Sqft
$347
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $1,095,000. Expect a longer timeline — comps averaged 178 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.10M· $347/sqft
Total list price
Closed comps
vs closed median $1.09M
+$5K (+0.5%)
Active comps
vs active median $1.36M
−$260K (−19.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $467
−$120 (−25.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4106 Rock MountainFallbrook2004432,855190,357$476$1.36M372
2278 Lindsey CourtFallbrook2003422,647114,127$603$1.59M1071
3676 Alta VistaFallbrook2004533,281101,059$465$1.52M2570
3237 Canonita DriveFallbrook1979332,62490,169$410$1.07M2470
2248 Mil SorpresasFallbrook1985332,63549,658$379$999,90010268
Total: 5 · Average3.82.82,808.4109,074$466.6$1.31M32.8
Median2,647$1.36M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
39435 De Luz RdFallbrook196609/04/2026322,609614,196$925,000$895,000$3430.9711975
1650 Winterwarm DriveFallbrook198309/30/2026433,26545,302$1.15M$1.14M$3490.9925373
4408 Brodea LnFallbrook199309/03/2026433,30091,912$1.10M$1.05M$3170.9519073
510 Hilbert DriveFallbrook199007/01/2026332,740194,713$1.13M$1.09M$4000.9726270
3927 Limber PineFallbrook200309/09/2026432,60094,090$1.34M$1.33M$5110.996469
Total: 5 · Average3.62.82,902.8208,042.6$1.10M$1.10M$384—177.6
Median2,740$1.09M$1.09M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.