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#OC24173449, Billy Long, Listing office: Balboa Real Estate, Inc
#SW25154174·
Listing office: Realty Masters & Associates, I·
Listing agent: Adam Sparks·
Listing office phone: 951-522-0887
$2,000,000 List price
3027 Rainbow Valley Blvd Fallbrook, CA 92028
5.6 acres
Land
Property details
About 3027 Rainbow Valley Blvd
Prime Hotel/Commercial Land Opportunity with Freeway Exposure Incredible development opportunity located near the corner of Old Highway 395 and Rainbow Valley Boulevard with premium visibility from both northbound and southbound I-15. This strategically positioned parcel is zoned for hotel or related commercial use, making it ideal for a high-traffic hospitality project. Just under 6 Acres. Property includes a small existing residence and a 1,800 sq ft agricultural building, offering potential for interim use or storage during development. Current list price reflects land as-is; however, for $3 million, the sale can include grading work valued at $750,000, septic system installation, engineering and permit expenses, and project management oversight—significantly accelerating your development timeline. Don’t miss this rare chance to build in a high-visibility corridor with direct freeway exposure and close proximity to wine country, casinos, and regional travel routes. Buyer to verify zoning and use with County of San Diego.
Highlights
Home typeOther
StatusActive
Lot size5.58 Acres
MLS #SW25154174
Summary
- List Price: $2,000,000
- HOA Amount: $0
- Annual Tax Amount: $3,983
- Tax Year: 2024
- Directions: Near Corner of Rainbow Valley Boulevard and Old Highway 395
- Lot Size: 5.58 Acres
- MLS Number: SW25154174
- MLS Name: CRMLS
- Office Name: Realty Masters & Associates, I
- Office Phone: (951) 522-0887
- Listing Agent: Adam Sparks
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:15:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 27, 2003 | Home Sold | $200,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $365,693 | $3,983 |
| 2023 | $358,523 | $3,891 |
| 2022 | $351,494 | $3,839 |
| 2021 | $344,603 | $3,741 |
| 2020 | $341,071 | $3,757 |
| 2019 | $334,385 | $3,630 |
| 2018 | $327,829 | $3,630 |
| 2017 | $321,402 | $3,561 |
History based on county public records data.
Nearby schools
6
Temecula Luiseño Elementary School
Public District KG-5
3.4 mi
•45754 Wolf Creek Dr N
7
Helen Hunt Jackson Elementary School
Public District KG-5
3.9 mi
•32400 Camino San Dimas
9
Red Hawk Elementary School
Public District KG-5
3.9 mi
•32045 Camino San Jose
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,653. The majority of Fallbrook, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
22%
<35k
50%
35k-100k
26%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
7%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
43%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 3027 Rainbow Valley Blvd
The listing price of 3027 Rainbow Valley Blvd property is $2,000,000.
The property 3027 Rainbow Valley Blvd is land located in Fallbrook, California, 92028.
Active Listing: 3027 Rainbow Valley Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3027 Rainbow Valley Blvd are: Temecula Luiseño Elementary School (GreatSchools Rating 6/10), Helen Hunt Jackson Elementary School (GreatSchools Rating 7/10), Red Hawk Elementary School (GreatSchools Rating 9/10), Vallecitos Elementary School (GreatSchools Rating 5/10), Erle Stanley Gardner Middle School (GreatSchools Rating 8/10), Vail Ranch Middle School (GreatSchools Rating 8/10), Great Oak High School (GreatSchools Rating 10/10), Jcs - Pine Hills (GreatSchools Rating 6/10), Susan H. Nelson (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $3,983 (source: MLS/based on county public records data).
The last sale was on January 27, 2003 for $200,000 (source: MLS/tax record).
The property 3027 Rainbow Valley Blvd is 5.58 acres.
This home is located at 3027 Rainbow Valley Blvd in Fallbrook, CA and zip code 92028. Features: 0 bathroom. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $2,000,000.
In July 2025, from all listings sold in Fallbrook, CA there were more than 12 sold above asking price, over 22 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Fallbrook, CA increased by 5.9% between June and July 2025. Listings spent 44 days on the market in July 2025, and had a median list price of $850,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.