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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.
Property Type(s):
Residential Income
| Last Updated | 10/1/2025 | Tract | Fallbrook |
|---|---|---|---|
| Year Built | 1983 | Community | 92028 - Fallbrook |
| Garage Spaces | 3.0 | County | San Diego |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Range, Oven, Range, Refrigerator, Tankless Water Heater, Washer, Water Heater |
| AREA | 92028 - Fallbrook |
| EXTERIOR | Balcony, Garden |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central, Fireplace(s), Forced Air, Oil, Pellet Stove |
| INTERIOR | Ceiling Fan(s), Open Floorplan, Pantry, Storage |
| LOT | 5.86 acre(s) |
| LOT DESCRIPTION | Agricultural, Front Yard, Garden, Landscaped, Paved, Sloped Down |
| PARKING | Direct Access, Driveway, Garage, Garage Door Opener, Gravel, Gated, Paved, Garage Faces Side, Workshop in Garage |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | One, Two |
| SUBDIVISION | Fallbrook |
| VIEW | Yes |
| VIEW DESCRIPTION | Hills, Mountain(s), Valley |
| WATER | Public |
Location
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Listed with Capitis Real Estate
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