5532 Rainbow Heights Road

Fallbrook, CA 92028 View Map $650,000 Ask a Question
Beds3
Baths3Full11/2
Sq.Ft.2,000
Year1972
5532 Rainbow Heights Road Fallbrook, CA 92028 | MLS PTP2401702 Photo 1
5532 Rainbow Heights Road Fallbrook, CA 92028 | MLS PTP2401702 Map

MASIV Real Estate

(619) 878-3778

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Status: Sold
Property Type:Detached
MLS #:PTP2401702
Sq. Feet:2,000
Date Sold:5/3/2024
Lot Size:1.98 Acres
County:San Diego

Listing Agent/Office

Agent:Ronald Brookshire
Agent Phone:619-354-0040
Office:The Property Place
Opportunity knocks with this two on one with panoramic views. Almost 2 full acres and fully fenced, there is plenty of room for your imagination. This fixer requires cash or a motivated 203k buyer get a rehab loan and construct this home the way you want! This is a huge opportunity for someone to live in one home and rent out the other, alleviating some of the cost of ownership. The main home is two stories. The entrance features a generous living space with open concept kitchen, living room, dining area, and a half bath. Downstairs offers dual primary suites with attached bathrooms. Both levels offer incredible views. Balconies need full remodel, which should be covered through a rehab loan. Right next door is another two-story home. Enjoy the floor plan as-is or you could turn this into a 2 bedroom its up to you.

Opportunity knocks with this two on one with panoramic views. Almost 2 full acres and fully fenced, there is plenty of room for your imagination. This fixer requires cash or a motivated 203k buyer get a rehab loan and construct this home the way you want! This is a huge opportunity for someone to live in one home and rent out the other, alleviating some of the cost of ownership. The main home is two stories. The entrance features a generous living space with open concept kitchen, living room, dining area, and a half bath. Downstairs offers dual primary suites with attached bathrooms. Both levels offer incredible views. Balconies need full remodel, which should be covered through a rehab loan. Right next door is another two-story home. Enjoy the floor plan as-is or you could turn this into a 2 bedroom its up to you.

Detailed Maps

Community Information

Address:5532 Rainbow Heights Road, Fallbrook, CA 92028
Area:Fallbrook (92028)
County:San Diego
City:Fallbrook
Zip Code:92028

School Information

High School:Fallbrook Union High School District
Middle School:Fallbrook Union Elementary District
Elementary School:Fallbrook Union Elementary District

Architecture

Bedrooms: 3
Bathrooms: 3 Full / 1 Half
Year Built:1972
Stories:2
Units In Complex: 2
Unit Location: No Common Walls
Total Stories: 2

Features / Amenities

Equipment: Dishwasher, Refrigerator, Gas & Electric Range
Fireplace: FP in Family Room
Laundry Location: Laundry Room
Rooms: Family Room, Living Room, Laundry
Miscellaneous: Rural
View: Mountains/Hills, Panoramic, Meadow

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Size: 1.98 Acres
Lot Dimensions:1+ to 2 AC
Zoning:AGRICULTUR
Directions:Rainbow Heights Rd

Tax and Financial Info

Mello Roos: $75.46 (paid )
Terms: Cash
Monthly Total Fees: $6

Schools

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