2824 Rainbow Valley Boulevard Fallbrook, CA
$ 999,000
Property Attributes
  • MLS#SW21225046
  • TypeMulti-Family
  • CountySAN DIEGO
  • CityFallbrook
  • AreaFallbrook
  • Zip92028
  • StyleDuplex
  • Price$ 999,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2640
  • Lot Size2.24 Acres
Listing Provided Courtesy Of:
Sandra Porto with Big Block Realty - 951-412-6492
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

No CC&Rs Duplex 2br + Guest House + Ranch House, ON 2.24 acres - Each on separate gas and electrical meters. Massive Tropical pool, Cabana & pool Slides, and jacuzzi..   Very high potential for a profitable Airbnb. This is a must-see project. Duplex needs minor drywall and paintThe ranch house needs wood repairs. Structurally sound. Zoned agricultural and farm animals. Stepping outside you enjoy the rural country feel that is so loved about Fallbrook .  Thousands of dollars were spent to the landscape over 2 acres that include tropical palm trees and hundreds of plants.  The entire property is fenced and irrigated.  Stepping away from the home is a spectacular freshwater pool, spa, and outdoor, covered, kitchen.  An entertainer's dream!   An enclosed aviary sits near the home for bird lovers to raise large birds if they like.  Combining this incredible poolside oasis and the peaceful beauty of Fallbrook, this home will certainly not be on the market long. The second unit has its own separate mailing address and is metered separately for utilities. The main house boasts high ceilings, tiled floors as well as carpet, ceiling fans, and a huge fireplace to enjoy peaceful evenings in the living room. Mornings are enjoyed in the bright breakfast room adjacent to the kitchen. The second floor is exclusive to the Master Bedroom and en suite that includes a sunken jetted tub and walk-in closet. The sliding glass door steps onto a wrap-around balcony. Enjoy rural views from windows in all the rooms. Each unit has updated air conditioning units and a furnace. S

Price History
10/12/2021 Listed $899,900

General Features

Appliances Gas Range, Refrigerator, Dryer, Washer
Attached Garage Yes
Co-Listing Agent State License # 01972669
Co-listing Agent Daniel Summers - BRE#01972669
Community Features Rural, Valley
Cooling Central Air
Flooring Brick, Carpet
Garage Spaces 2
Garage Y/N Yes
Heating Forced Air, Fireplace(s)
High School District Fallbrook Union
Interior Features Balcony, Ceiling Fan(s), Ceramic Counters, High Ceilings, In-Law Floorplan, Track Lighting
Levels Two
Listing Agent Sandra Porto - BRE#01165624
Listing Agent State License 01165624
Lot Size Square Feet 97574
MLS Area 92028 - Fallbrook
Other Structures Aviary, Shed(s)
Pool Features Private
Private Pool Yes
Property Sub Type Additional Duplex
Property SubType Duplex
Property Type Residential
Security Features Security Gate
Senior Community Y/N No
Sewer Septic Tank
Special Listing Conditions Standard
Status Active
Stories 2
Structure Type Duplex
Terms Cash, Conventional, Fannie Mae
Total Units 2
Utilities Electricity Connected
View None
Zoning A

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features Blower Fan, Living Room
Fireplace Y/N Yes
Full Baths 3
Heating Y/N Yes
Laundry Features In Garage
Living Area 2640
Main Level Bathrooms 2
Main Level Bedrooms 3
Total Baths 3
Total Bedrooms 4

Exterior Features

Lot Features 2-5 Units/Acre, Agricultural, Back Yard, Garden, Landscaped, Sprinkler System
Lot Size Acres 2.24
Lot Size Area 97574
Lot Size Source Assessor
Lot Size Units Square Feet
Parking Features Direct Access, Driveway, Garage Faces Front, Garage, Paved
Road Frontage Type City Street
Road Surface Type Maintained, Paved
Total Parking 2
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Master Bedroom


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 92028

AVG $1,000K
AVG 29
Year Built
AVG 1964

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