About 5532 Rainbow Heights Road
Opportunity knocks with this two on one with panoramic views. Almost 2 full acres and fully fenced, there is plenty of room for your imagination. This fixer requires cash or a motivated 203k buyer get a rehab loan and construct this home the way you want! This is a huge opportunity for someone to live in one home and rent out the other, alleviating some of the cost of ownership. The main home is two stories. The entrance features a generous living space with open concept kitchen, living room, dining area, and a half bath. Downstairs offers dual primary suites with attached bathrooms. Both levels offer incredible views. Balconies need full remodel, which should be covered through a rehab loan. Right next door is another two-story home. Enjoy the floor plan as-is or you could turn this into a 2 bedroom its up to you.
Features of 5532 Rainbow Heights Road
| MLS® # | PTP2401702 |
|---|---|
| Price | $649,999 |
| Sold Price | $650,000 |
| Bedrooms | 3 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 2,000 |
| Acres | 1.98 |
| Year Built | 1972 |
| Type | Residential |
| Sub-Type | Detached |
| Status | SOLD |
Community Information
| Address | 5532 Rainbow Heights Road |
|---|---|
| Area | FALLBROOK (92028) |
| City | Fallbrook |
| County | San Diego |
| State | CA |
| Zip Code | 92028 |
Amenities
| View | Mountains/Hills, Panoramic, Meadow |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | N/K |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| Fireplaces | FP in Family Room |
| # of Stories | 2 |
Additional Information
| Date Listed | March 27th, 2024 |
|---|---|
| Date Sold | May 3rd, 2024 |
| Zoning | AGRICULTUR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Office | The Property Place |