Property Description

Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, on Historic Old Highway 395. These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2, 000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. Water, gas, electric are all extremely to the property line.

Features
Utilities:
Electric, Cable TV, Natural Gas, Telephone
Address Map
Country:
US
State:
CA
County:
SD
City:
Fallbrook
Community:
FALLBROOK
Zipcode:
92028
Street:
Old Highway 395
Longitude:
W118° 47' 8.2''
Latitude:
N33° 22' 9.1''
Directions:
Parcels border east and south of Rainbow Restaurant 16 acres down to the billboard 1/2 mile south on 395.
Additional Info
Office Name:
KW Temecula
Agent Name:
Shane Strong
Additional Information
On Market Date:
2026-06-16
Listing Information
Co List Agent Full Name:
Diana Sousa Strong
Co List Agent Mls Id:
CR-SWSTRODIA
Co List Office Mls Id:
CR-KWRT01
Co List Office Name:
KW Temecula
List Agent Mls Id:
CR-SWSTROSHA
List Office Mls Id:
CR-KWRT01
Listing Term:
Cash, Conventional, Exchange, FHA, VA
Mls Status:
ACTIVE
Modification Timestamp:
2026-07-03T18:55:25Z
Originating System Name:
California Regional MLS

Land

0 Old Highway 395, Fallbrook, CA 92028

$777,000
Listing ID #SW26143744
Basic Details
Property Type :
Land
Listing Type :
For Sale
Listing ID :
SW26143744
Price :
$777,000
Status :
Active
Property Sub Type :
Lots/Land
Contact Agent
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