6036 Rainbow Heights Road, Fallbrook, California 92028, Fallbrook, 92028 - 4 bed, 3 bath
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Fallbrook, California 92028
Analysis of 6036 Rainbow Heights Road, Fallbrook, California 92028 is currently available with a list price of $3,999,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Fallbrook Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1970 (56 years old) and appears to retain much of its original rustic character, including Saltillo tile flooring and dark wood-beamed ceilings. While the massive 55-acre grounds and private lake are exceptionally well-maintained, the residence itself is dated and would require significant cosmetic and system updates to the kitchen and bathrooms to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 2393186, living area = 2568.
Spanning 55 acres, this property features 30 acres of income-producing avocado groves and a diverse arboretum, offering significant agricultural value and unmatched privacy.
The estate boasts a rare 2-acre private lake suitable for jet skiing and swimming, complemented by paved trails, waterfalls, and professional-grade park-like picnic areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2393186, other record lot size in square feet = 1478426. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2568, other record living area = 1053. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1970, the 2,568-square-foot home is relatively modest and likely requires significant updating or expansion to align with the high-end value of the surrounding land.
The scale of the agricultural groves, private lake, and extensive paved trail system necessitates substantial ongoing labor and financial investment for proper upkeep.
Welcome to Rosa Sattoria, a beautiful Oasis located here in Southern California. This one of a kind 55-acre property inlcudes a residence, approx 30 acres of avocados & even has its own private 2 acre lake. The secluded park-like property includes a two-story private residence with separate maids/guest quarters, & several garages. The lush grounds offer private picnic areas with guest bathrooms and outdoor showers nearby. Get ready for a summer to remember aside the nearly 16ft deep lake! Jet skis, rope swings and a jumping platform provide fun for all ages. The lake is contiguous on the south end to a park-like setting with granite picnic tables and stream-like water features. This property has multiple scenic walking trails, with waterfall features and paved access roads throughout. It also has 3 water meters and 1 operational well on site. Potential space for Horses or Horse facilities could easily be set up. Electric meter, with heavy duty power sources and 220 Volt hookups are located around the property. Several portions of the property have ocean views, which could offer additional development. The property boasts an arboretum with labeled species, genus, and origin, multiple variety of palm trees, in addition to macadamia nut, oranges, lemons, pear, and grapefruit trees. The property is already fenced and there are thousands of feet of paved pathways and trails. Only 8 minutes to the freeway and 35 minutes to the coast! This unique property is truly a once in a lifetime opportunity to own such a special piece of Real Estate! *All figures in this description are approx.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,568 | 2,341 | 62% |
| Lot Size | 2,393,186.5 | 25,264.801 | 100% |
| Price | $4.00M | $925.0K | 100% |
| Price per sq ft | $1.6K | $418 | 100% |
| Built year | 1970 | 1992 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 142 | 8% |
May 27, 2026
$3,999,000
Initial Listing