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5589 Rainbow Creek, 
Fallbrook, CA 92028

$490,000

—

Bed

—

Bath

-

Sq Ft

Land

Active

Listed by

Billy Long

, 

Heidi Cabrera

Balboa Real Estate, Inc

, 

Balboa Real Estate, Inc.

Last updated:

January 3, 2026, 02:51 PM

MLS#

OC24173449

Source:

San Diego MLS via CRMLS

About This Land

5589 Rainbow Creek

Check out this dream property sitting on nearly 12-acres in Rainbow of Fallbrook. Property has electric and water. This property has panoramic views and is located just below the iconic white cross posted on top of the adjacent mountain. This land is ultra-private with two entrances featuring an existing RV that the seller might sell with the land but does include the covered parking structure. Current owner has set up multiple pads, primed for the construction of a garage, outbuilding, or a custom home. The land is ready for immediate use, it eagerly awaits a new owner to bring their dreams to life in the heart of Fallbrooks serene landscape of Rainbow.

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.00

MLS #:

OC24173449

Last Updated:

January 3, 2026, 02:51 PM

Finances & Disclosures

Finances

Price:

$490,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.