1996 Rainbow Glen Road, Fallbrook, California 92028, Fallbrook, 92028 - 2 bed, 3 bath
ACTIVE$1,250,000
1996 Rainbow Glen Road, Fallbrook, California 92028
2Beds
3Baths
2,442Sqft
135,907.203Lot
Price Vs. Estimate
The estimated value ($1,036,834.455) is $213,165.545 (17%) lower than the list price ($1,250,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Agricultural Income Potential: The property features approximately 1,500 mature dragon fruit trees with room to expand up to 10,000, offering substantial farming and potential income opportunities.
Top Cons:
Niche Market Appeal: The property's primary feature as a dragon fruit farm targets a specialized buyer demographic, potentially limiting the pool of interested parties compared to a traditional residential property.
Compared to the nearby listings
Price:$1.25M vs avg $884.0K (+$366,000)80%
Size:2,442 sqft vs avg 2,188 sqft59%
Price/sqft:$512 vs avg $42384%
More Insights
Built in 1988 (37 years old).
Condition: The property was built in 1988, making it 36 years old. While appearing well-maintained, the kitchen features dated light wood cabinets, older laminate-style countertops, and white appliances, indicating no recent renovation. Bathrooms also show dated vanities, fixtures, and tiling. The interior style, including an accent wall and basic lighting, suggests the home has not undergone major updates in the last 20-30 years. It is functional but requires significant cosmetic updates to the kitchen and bathrooms to meet modern standards.
Year Built
1988
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$512
HOA
-
Days on market
-
Sold On
-
MLS number
SW25130066
Home ConditionFair
Features
Excellent View: Canyon, Mountain(s), Orchard, Panoramic
Deck
ViewCanyon, Mountain(s), Orchard, Panoramic
About this home
Welcome to this breathtaking Dragonfruit Farm and View Estate in beautiful Fallbrook, San Diego County. This incredible property features approximately 1,500 mature dragon fruit trees—with room to expand up to 10,000. Nestled on the land is a gorgeous, estimated 2,440 sq. ft. home with panoramic views—perfect for peaceful living or generating monthly rental income. Whether you're looking to invest, farm, or find your dream family retreat, this property is packed with potential.
Condition Rating
Fair
The property was built in 1988, making it 36 years old. While appearing well-maintained, the kitchen features dated light wood cabinets, older laminate-style countertops, and white appliances, indicating no recent renovation. Bathrooms also show dated vanities, fixtures, and tiling. The interior style, including an accent wall and basic lighting, suggests the home has not undergone major updates in the last 20-30 years. It is functional but requires significant cosmetic updates to the kitchen and bathrooms to meet modern standards.
Pros & Cons
Pros
Significant Agricultural Income Potential: The property features approximately 1,500 mature dragon fruit trees with room to expand up to 10,000, offering substantial farming and potential income opportunities.
Breathtaking Panoramic Views: Boasts stunning panoramic views of canyons, mountains, and orchards, enhancing the property's aesthetic appeal and overall value.
Versatile Property Use: The estate is described as perfect for peaceful living, generating monthly rental income, investment, farming, or as a dream family retreat, catering to diverse buyer needs.
Expansive Lot Size: A generous lot size of over 3 acres (135,907.2 sqft) provides ample space, privacy, and significant potential for further development or agricultural expansion.
Desirable San Diego County Location: Situated in beautiful Fallbrook, San Diego County, a region known for its scenic beauty, rural charm, and desirable lifestyle.
Cons
Niche Market Appeal: The property's primary feature as a dragon fruit farm targets a specialized buyer demographic, potentially limiting the pool of interested parties compared to a traditional residential property.
Lower Bedroom Count for Size: With only 2 bedrooms for an estimated 2,440 sq. ft. home, it may not meet the needs of larger families or those seeking more sleeping accommodations for its size.
Farm Management & Maintenance: The extensive dragon fruit farm requires significant ongoing management, labor, and maintenance, which could be a considerable commitment for buyers not specifically seeking an agricultural venture.