Check out this dream property sitting on nearly 12-acres in Rainbow of Fallbrook. Property has electric and water. This property has panoramic views and is located just below the iconic white cross posted on top of the adjacent mountain. This land is ultra-private with two entrances featuring an existing RV that the seller might sell with the land but does include the covered parking structure. Current owner has set up multiple pads, primed for the construction of a garage, outbuilding, or a custom home. The land is ready for immediate use, it eagerly awaits a new owner to bring their dreams to life in the heart of Fallbrook’s serene landscape of Rainbow.More details
TWO ADJACENT FLAT LAND PARCELS, LISTING INCLUDES 0152-012-63 AND 0152-012-64. APPROX 8,500SF FT EACH. NEEDS BALANCE OF STREET TO BE CONSTRUCTED ESTIMATED COST $40,000.00+- CAN BUILD TWO SINGLE FAMILY RESIDENCES ZONED R2 OR COMBINE THE LOTS AND BUILD A (4) FOUR UNITS, IDEAL FOR CONSTRUCTION OF TOWNHOUSE/ CONDO, MULTI-TENANT RESIDENCE OF APARTMENTS TYPE HOMES. OWNER WILL NOT MERGE THE LOTS TOGETHER, MUST MERGE THE LOTS FOR MULTI-TENANT CITY APPROVAL. ALL UTILITIES SHOULD BE AT PROPERTY LINE, SEWER LINE RUNS UNDER THE GROUND IN FRONT OF THE PROPERTY. THIS IS A GOOD INFILL LOT FOR OWNER/USER/ BUILDER ECT. EXISTING CHURCH BUILDING IS ON THE RIGHT AND SINGLE FAMILY HOMES, AND A MIX OF APARTMENTS ARE ON THE LEFT. *OWNER WILL CARRY* A FIRST TRUST DEED AND NOTE WITH SMALL CASH DOWN AT MUTUALLY AGREEABLE/FLEXIBLE TERMS. NO SUBORDINATION.More details