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Fallbrook, CA 92028 5532 Rainbow Heights Road

$649,999

Pending
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Presented By: Ronald Brookshire with The Property Place; ron@ronbrookshire.com
  • MLS# PTP2401702
  • 03/27/2024
  • Request Tour
  • Request Info
  • BedBeds • 3
  • BathFull/Half Baths • 3 / 1
  • FootageSQFT • 2,000

Home Details

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 it’s up to you.
Presented By: Ronald Brookshire with The Property Place; ron@ronbrookshire.com

Interior Features for 5532 Rainbow Heights Road

Bedrooms

Main Level Bedrooms0
Total Bedrooms3

Bathrooms

Full Baths3
Half Baths1
Main Level Bathrooms1
Total Baths4

Other Interior Features

LivingAreaSourceEstimated
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesFamilyRoom
Fireplace Y/NYes
Heating Y/NNo
Laundry FeaturesLaundryRoom
Living Area UnitsSquareFeet
Street SuffixRoad
Total Stories2

Other Rooms

Entry Level2

General for 5532 Rainbow Heights Road

Additional Parcels Y/NNo
AppliancesDishwasher, ElectricRange, GasRange, Refrigerator
Attached Garage No
Carport Y/NNo
CityFallbrook
Community FeaturesRural
ContingencyNONE
CoolingNone
CountySan Diego
Days on Market17
DirectionsRainbow Heights Rd
Entry Location2
Garage Spaces0.0
Garage Y/NNo
HOA0.0
HOA / Comm AssnNo
High School DistrictFallbrook Union
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, FHA203k
Lot Size Square Feet86248.8
MLS Area92028 - Fallbrook
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy DescriptionTenant
Open Parking Spaces4.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Street NameRainbow Heights
Structure TypeHouse
ViewMeadow, Mountains, Panoramic
View Y/NYes
Waterfront Y/NNo
Year Built1972
Year Built SourceAssessor
ZoningAGRICULTURAL

Exterior for 5532 Rainbow Heights Road

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesAgricultural, SlopedDown, IrregularLot, LotOver40000Sqft, Yard
Lot Size Acres1.98
Lot Size Area1.98
Lot Size SourceAssessor
Lot Size UnitsAcres
Open Parking Y/NNo
SpaNo
Total Parking4.0

Additional Details

Price History

1527188455

First Team Client Services

Price $649,999
MLS#PTP2401702
List Date 03/27/2024
Property Type Pending
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors