0 Old Highway 395, Fallbrook, CA 92028

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Beds

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Baths

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Sq ft

About this home

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.

Type

Residential

Year built

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Lot

731,808 sq ft (16.80 ac)

Garage

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HOA

None

Pool

View

Mountain(s)

Solar

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Estimated payment

$4,894/mo

Principal & interest$3,924
Property tax (est.)$744
Home insurance (est.)$226

Down payment: 20% ($155,200)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Shane Strong, KW Temecula, 661-400-5900. MLS# SW26143744. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 9:30 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.