$900,000

92+ Acres encompassing 11 legal & large estate lots sold together offer an outstanding investment opportunity to purchase these lots at approximately $90,000 apiece, then build out each lot with beautiful estate homes in a beautiful area of ranch & grove estates. The area is called "Rainbow Highlands" and has the BEST views in Fallbrook looking west to the ocean and east to the snow-capped mountains. The estates are protected with CC&R's & Road Maintenance Agreement (2,500 sq. ft. stick-built homes). At present, there is one parcel #59 ready to build on with water meter, power & updated septic layout. All other parcels have septic approval. Power is to or near all 11 lots and water meters are on many of the lots. A cul-de-sac services 5 lots. A new paved 24' wide road to development is from Rainbow Heights (Camp) Rd. You'll find absolute solitude and only 5 minutes to access I-15, with downtown Fallbrook, Bonsall and Temecula nearby. APNs: 109-310-50, 109-310-51, 109-310-52, 109-310-53, 109-310-57, 109-310-58, 109-310-59, 109-310-61, 109-310-62, 109-310-63, 109-310-64

Listing Map