335 Rainbow Crest new

Fallbrook,CA 92028

$ 1115000

- Bed

- Bath

2895 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,895 sqft

Price per Sqft $385

MLS Listing ID CRND25229991

Year Built 1983

Lot Size 5.860 Acres

Property Sub-Type Triplex

Property Description

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.

Location

State CA

County San Diego

Interior

Heating Forced Air,Perimeter,Oil,Central,Fireplace(s)

Cooling No Air Conditioning

Flooring Wood

Laundry Dryer,In Garage,Washer,Inside

Exterior

View Hills,Mountain(s),Valley

Building

Lot Description Agricultural,Sloped Down,Other,Front Yard,Garden,Landscaped,Paved

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