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$1,115,000
Est. payment /mo
4 Beds
5.86 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Fallbrook
MLS Listing ID ND25229991
Bedrooms 4
Lot Size 5.860 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Investors 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 craftsmanshiphardwood floors, custom cabinetry, artistic woodwork, and two with steam showersplus 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
Zoning Assessor
Direction Please only take Rice Canyon to Rainbow Heights or Rice Canyon to Huntley from 76 or 395
Interior
Heating Fireplace, Forced Air Unit, Pellet/Wood Burning Stove
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Tax ID 1100212000
Virtual Tour https://showcase.zinmeta.com/order/c3fecc58-c638-4643-9aad-08dd9fa2c99e?branding=false
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Listed by Susannah Levicki Capitis Real Estate
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