$777,000

0 Old Highway 395, Fallbrook CA, 92028

Price per sqft$1.06

Lot size16.8 Acres

Property typeLand

Overview

Active

Listed Jul 2, 2026

Updated 3 weeks ago

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 close to the property line.

Additional information

MLS^® ID: SW26143744

Exterior Features

Lot Size: 16.8 Acres

Other Property Details

Taxes: $2,300
Tax Frequency: Annually
View: Yes
55+/Senior Community: No

Listed by Shane Strong, KW Temecula, CA DRE 02248187

Listing Contact: 661-400-5900

Based on information from the CRISNet MLS as of 9/16/2026, 4:00 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.