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7051 Mount Olympus Dr, Fallbrook
$3,500,000
6 Beds ⋅ 5 Baths
Welcome to Casa Lago, a rare private lakefront estate spanning 51+ acres across two legal parcels in one of Fallbrook’s most scenic settings. The main parcel encompasses approximately 19 acres and features a 5,891 sq. ft. single-level lodge-style residence with 6 bedrooms and 4.5 bathrooms, designed to capture sweeping mountain and lake views. The approximately two-acre stocked lake—expanded and fully lined with over $200,000 in improvements—serves as a striking centerpiece. Inside, the home offers a grand great room with soaring beamed ceilings and walls of glass, a chef-caliber kitchen, formal dining, and quality finishes throughout. The primary suite includes a fireplace and tranquil views, while en-suite guest rooms provide comfort and privacy. Wrap-around verandas and a resort-style pool and spa create seamless indoor-outdoor living. The grounds include a detached recreation building with a full-size racquetball court, pickleball court, shuffleboard, pool table, and game lounge. Additional features include leased solar, a flower-growing area, private go-kart track with hangar, and space suitable for equestrian use. The second parcel consists of approximately 32 acres with underground utilities and panoramic views, offering potential for a variety of uses, subject to buyer verification. Conveniently located approximately six miles to I-15, providing access to San Diego, Los Angeles and multiple regional airports. Casa Lago presents a rare opportunity to own a private lakefront estate in San Diego County.

7051 Mount Olympus Dr, Fallbrook

1029 Rainbow Valley Ct, Fallbrook
$1,100,000
4 Beds ⋅ 3 Baths
Welcome to your new home, a beautifully renovated 4-bedroom, 3-bathroom retreat nestled in the tranquil hills of Rainbow, Fallbrook. Set on nearly 2 acres of panoramic beauty, this home combines modern elegance with the peaceful charm of country living. Step inside to discover an open-concept layout filled with natural light and sweeping views from every angle. The expansive living area flows seamlessly into the dining space and a chef-inspired kitchen, complete with stainless steel appliances, abundant cabinetry, hidden pantry and generous counter space — all framed by La Cantina–style doors that open to stunning outdoor vistas and the attached deck. The primary suite is a private oasis featuring a spa-like en-suite bathroom with a soaking tub and an oversized walk-in shower. Every bathroom throughout the home showcases contemporary finishes and thoughtful design. Enjoy the convenience of two laundry areas, two garages (one attached and one detached), and ample parking and storage — perfect for hobbies, guests, or multi-generational living. Your pets will love it here too — the property is pet-friendly with fencing and plenty of space to roam. Whether you’re unwinding on the balcony with panoramic views, hosting under the stars, or simply soaking in the peaceful views, this property offers the ideal blend of modern comfort and rural tranquility.

1029 Rainbow Valley Ct, Fallbrook

1047 Rice Cyn, Fallbrook
$1,100,000
4 Beds ⋅ 3 Baths
View Home with 11 acres of avocado grove and a detached ADU/w-garages. The rural setting is enhanced with the large trees on Rainbow Canyon. Property is privately gated and the large home and 2 car garage sits atop a hill with the grove surrounding the home. A large outside viewing deck for entertaining and enjoying is a few steps from the house. The detached garages/ADU are half-way down the hill and private and separate. There is a well on the property. The property is priced to reflect some deferred maintenance. There are solar panels and backup batteries installed. View Home with 11 acres of avocado grove and a detached ADU/w-garages. The rural setting is enhanced with the large trees on Rainbow Canyon. Property is privately gated and the large home and 2 car garage sits atop a hill with the grove surrounding the home. A large outside viewing deck for entertaining and enjoying is a few steps from the house. The detached garages/ADU are half-way down the hill and private and separate. There is a well on the property. The property is priced to reflect some deferred maintenance. There are solar panels and backup batteries installed.

1047 Rice Cyn, Fallbrook

6455 Rainbow Heights Rd, Fallbrook
$951,000
4 Beds ⋅ 4 Baths
Can you spot a diamond in the rough? This is a rare opportunity to revive what was once an exceptional mountainside estate into its new glory using your creative vision. Location is the hardest thing to find, and this one has privacy and a rare 6.83-acres with stunning views of Palomar Mountain and the Pala and Pauma Valleys. Incorporating natural boulders and streams, extensive landscaping and hardscaping has created an impressive front circular drive entry with a welcoming waterfall. A large upper pond flows below the driveway into several other ponds and waterfalls, creating idyllic settings as you meander through the property. The water features attract wildlife and birds to complete your immersion into the natural beauty of this property. The large pond below provided fond memories of the kids and grandkids fishing together that are still appreciated to this day. Unusual for a hillside parcel, there is plenty of flat parking with a 3-car garage and room for an RV. With an expansive 4,027 footprint, the homes current floorplan has 4 bedrooms (all upstairs) and 3.5 bathrooms (with bath downstairs.) The lower level has 2 bonus rooms - a large extra room which could be used as a game room or a lower-level bedroom; and another bonus room with a fireplace where the family would gather to sing and play music together. Todays buyer will want to enlarge the original kitchen, so there is plenty of flexible space to redesign the lower level to do so. With outdoor family gatherings in mind, the lengthy covered back patio has space for an outdoor kitchen and is the focal point of Can you spot a diamond in the rough? This is a rare opportunity to revive what was once an exceptional mountainside estate into its new glory using your creative vision. Location is the hardest thing to find, and this one has privacy and a rare 6.83-acres with stunning views of Palomar Mountain and the Pala and Pauma Valleys. Incorporating natural boulders and streams, extensive landscaping and hardscaping has created an impressive front circular drive entry with a welcoming waterfall. A large upper pond flows below the driveway into several other ponds and waterfalls, creating idyllic settings as you meander through the property. The water features attract wildlife and birds to complete your immersion into the natural beauty of this property. The large pond below provided fond memories of the kids and grandkids fishing together that are still appreciated to this day. Unusual for a hillside parcel, there is plenty of flat parking with a 3-car garage and room for an RV. With an expansive 4,027 footprint, the homes current floorplan has 4 bedrooms (all upstairs) and 3.5 bathrooms (with bath downstairs.) The lower level has 2 bonus rooms - a large extra room which could be used as a game room or a lower-level bedroom; and another bonus room with a fireplace where the family would gather to sing and play music together. Todays buyer will want to enlarge the original kitchen, so there is plenty of flexible space to redesign the lower level to do so. With outdoor family gatherings in mind, the lengthy covered back patio has space for an outdoor kitchen and is the focal point of the sweeping views. There is a flat yard off the rear patio where the kids would play ball. The primary bedroom upstairs has a private deck for its own view of the valleys. Built in 1991, it needs updating, and has some deferred maintenance as well, including re-lining some of the ponds and finishing the outdoor kitchen. Everything is original, so you are starting with a blank slate for your ideas. There is separate gated access to the lower pond and an outbuilding/garage storage space. There is a Generac generator to keep the house running in case of electrical outage. New septic tank. Located in Rainbow just east of Fallbrook, it has an easy drive from the I-15; yet tucked below a natural crest, the property is protected from the I-15 traffic noise. Only a few minutes from Temecula and Fallbrook. The sale includes two APN #s [1092504600 & 1093300900] for a total of 6.83 acres.

6455 Rainbow Heights Rd, Fallbrook

5434 Rainbow Heights Rd, Fallbrook
$890,000
3 Beds ⋅ 3 Baths
Set up appointment to view this home! Perfect opportunity for space, privacy and an awesome house! Enjoy the daily breezes from over 2 acres of your own land conveniently located to 15fwy, Fallbrrok and Temecula! Single story 1900 sq ft 3 bd 3, 3 car garage + carport and xtra storage room. Updated kitchen has walk-in pantry and is open to living room. 2nd master has own full bath and entrance. It is on opposite side of other bedrooms for privacy. Master suite has large walk-in closet, dual sinks, walk-in shower, soaking tub and exit to backyard. Solar makes running the AC affordable! Pens for your animals and large shed for feed and supplies are included. Plenty of room for ADU, toys, workshop and parking. Many mature macadamia nut trees on property require little water. Come see this property today! You'll love it! Set up appointment to view this home! Perfect opportunity for space, privacy and an awesome house! Enjoy the daily breezes from over 2 acres of your own land conveniently located to 15fwy, Fallbrrok and Temecula! Single story 1900 sq ft 3 bd 3, 3 car garage + carport and xtra storage room. Updated kitchen has walk-in pantry and is open to living room. 2nd master has own full bath and entrance. It is on opposite side of other bedrooms for privacy. Master suite has large walk-in closet, dual sinks, walk-in shower, soaking tub and exit to backyard. Solar makes running the AC affordable! Pens for your animals and large shed for feed and supplies are included. Plenty of room for ADU, toys, workshop and parking. Many mature macadamia nut trees on property require little water. Come see this property today! You'll love it!

5434 Rainbow Heights Rd, Fallbrook

2005-07 Camino Rainbow, Fallbrook
$750,000
2 Beds ⋅ 1 Baths
OPPORTUNITY HAS ARRIVED! Quaint Duplex is Rural Fallbrook Community of Rainbow, CA. Both Units are Tenant Occupied to Provide Immediate Rental Income or Live in One and Rent the Other for More Opportunity to Enjoy Rental Income and Your Very Own Slice of County Peace. Each Unit has Fenced Front Yards and the North Unit has a Large Fenced Back Yard. South Unit has Access to the Remaining Section of the Large Flat Lot with Various Fruit and Citrus Trees Bordering the Property. Two Out Buildings Provide Storage and a Rustic County Feel. Each Unit is a 2 Bedroom, 1 Bathroom, Approximately 960 Sq Ft Situated on a 0.59 Acre Parcel Serviced by an Advanced Treatment Septic System. Come Visit and You Will Want to Make this Special Slice of Rainbow your Pot of Gold. OPPORTUNITY HAS ARRIVED! Quaint Duplex is Rural Fallbrook Community of Rainbow, CA. Both Units are Tenant Occupied to Provide Immediate Rental Income or Live in One and Rent the Other for More Opportunity to Enjoy Rental Income and Your Very Own Slice of County Peace. Each Unit has Fenced Front Yards and the North Unit has a Large Fenced Back Yard. South Unit has Access to the Remaining Section of the Large Flat Lot with Various Fruit and Citrus Trees Bordering the Property. Two Out Buildings Provide Storage and a Rustic County Feel. Each Unit is a 2 Bedroom, 1 Bathroom, Approximately 960 Sq Ft Situated on a 0.59 Acre Parcel Serviced by an Advanced Treatment Septic System. Come Visit and You Will Want to Make this Special Slice of Rainbow your Pot of Gold.

2005-07 Camino Rainbow, Fallbrook

2005 Camino Rainbow, Fallbrook
$750,000
4 Beds ⋅ 2 Baths
OPPORTUNITY HAS ARRIVED! Quaint Duplex is Rural Fallbrook Community of Rainbow, CA. Both Units are Tenant Occupied to Provide Immediate Rental Income or Live in One and Rent the Other for More Opportunity to Enjoy Rental Income and Your Very Own Slice of County Peace. Each Unit has Fenced Front Yards and the North Unit has a Large Fenced Back Yard. South Unit has Access to the Remaining Section of the Large Flat Lot with Various Fruit and Citrus Trees Bordering the Property. Two Out Buildings Provide Storage and a Rustic County Feel. Each Unit is a 2 Bedroom, 1 Bathroom, Approximately 960 Sq Ft Situated on a 0.59 Acre Parcel Serviced by an Advanced Treatment Septic System. Come Visit and You Will Want to Make this Special Slice of Rainbow your Pot of Gold. OPPORTUNITY HAS ARRIVED! Quaint Duplex is Rural Fallbrook Community of Rainbow, CA. Both Units are Tenant Occupied to Provide Immediate Rental Income or Live in One and Rent the Other for More Opportunity to Enjoy Rental Income and Your Very Own Slice of County Peace. Each Unit has Fenced Front Yards and the North Unit has a Large Fenced Back Yard. South Unit has Access to the Remaining Section of the Large Flat Lot with Various Fruit and Citrus Trees Bordering the Property. Two Out Buildings Provide Storage and a Rustic County Feel. Each Unit is a 2 Bedroom, 1 Bathroom, Approximately 960 Sq Ft Situated on a 0.59 Acre Parcel Serviced by an Advanced Treatment Septic System. Come Visit and You Will Want to Make this Special Slice of Rainbow your Pot of Gold.

2005 Camino Rainbow, Fallbrook

Rainbow Peaks Trail 59, Fallbrook
$160,000
One of a kind 7.64-acre mountain top & ocean view parcel. Located along the western ridge tops of the Rainbow Highlands, which includes newly paved streets, 3 to 4-bedroom septic layout, water & electric available. The views are outstanding as you look down at the Red-Tailed hawks soaring over the valley below & westward to the ocean on a clear day. The property was an old avocado grove, so most plumbing is still there, with pick road & appointments for a filtration station near the existing water source. The Rainbow Highlands are only 10 minutes from I-15 and another 10 to 15 minutes to either Temecula or the friendly village of Fallbrook. This area offers a secluded little piece of paradise only minutes from all the hustle & bustle of the outside world. Enjoy the real meaning of quiet & solitude for you & the resident Red-Tailed hawks circling out in front of you. One of a kind 7.64-acre mountain top & ocean view parcel. Located along the western ridge tops of the Rainbow Highlands, which includes newly paved streets, 3 to 4-bedroom septic layout, water & electric available. The views are outstanding as you look down at the Red-Tailed hawks soaring over the valley below & westward to the ocean on a clear day. The property was an old avocado grove, so most plumbing is still there, with pick road & appointments for a filtration station near the existing water source. The Rainbow Highlands are only 10 minutes from I-15 and another 10 to 15 minutes to either Temecula or the friendly village of Fallbrook. This area offers a secluded little piece of paradise only minutes from all the hustle & bustle of the outside world. Enjoy the real meaning of quiet & solitude for you & the resident Red-Tailed hawks circling out in front of you.

Rainbow Peaks Trail 59, Fallbrook

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