335 Rainbow Crest Open House Save Request In-Person Tour Request Virtual Tour
Fallbrook,CA 92028
OPEN HOUSE
Sun Oct 05, 10:00am - 1:00pm
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Fallbrook
MLS Listing ID ND25229991
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
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
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
Building
Lot Description Agricultural,Sloped Down,Front Yard,Garden,Horse Property,Landscaped,Paved,Sprinkler System
Story 2
Sewer Septic Type Unknown
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard
Virtual Tour https://showcase.zinmeta.com/order/c3fecc58-c638-4643-9aad-08dd9fa2c99e