Rural Residential Land with Billboard
For Sale
Under Contract
$777,000
Old Highway 395, Fallbrook, CA 92028
Land, Fallbrook, CA
Property SizeContact for details
Lot Size16.80 Acres
Days on Market77
Property Features for Old Highway 395
General Information
Property type
Land
Property subtype
Other
Subdivision
Fallbrook
Lot features
Lot Over 40000 Sqft
View
Hills
Directions
Parcels border east and south of Rainbow Restaurant 16 acres down to the billboard 1/2 mile south on 395.
Standard status
Active Under Contract
APN
1025301900
Lot size
16.80 Acres
Taxes and HOA fees
Tax Annual Amount
2300
Utilities
Utilities
Cable Available
Water source
Public
Listing Agency:
KW Temecula · Keller Williams Realty
(951) 304-1200
Listed By:
Shane Strong · License #02248187
(661) 400-5900
Added: Jun 16
Changed: Aug 29
Last Checked: Aug 31 at 12:06PM
MLS# SW26143744
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Offering two parcels for sale zoned Rural Residential, totaling 16.8 acres (9.53 and 7.27 acres). The properties border the north side of Rainbow Restaurant, and they extend to the south and east along Historic Old Highway 395.
The larger parcel includes advertising space with an existing billboard lease that has several years remaining; the seller currently receives $2,000 per month from one billboard, with an additional opportunity to expand advertising income. Water, gas, and electric are listed as available to the property line.
These parcels are offered as land options for a range of uses consistent with Rural Residential zoning, including housing development, builder-owner use, storage, agriculture, or off-grid living.
The larger parcel includes advertising space with an existing billboard lease that has several years remaining; the seller currently receives $2,000 per month from one billboard, with an additional opportunity to expand advertising income. Water, gas, and electric are listed as available to the property line.
These parcels are offered as land options for a range of uses consistent with Rural Residential zoning, including housing development, builder-owner use, storage, agriculture, or off-grid living.
Key Highlights
- Two parcels zoned Rural Residential: 9.53 acres and 7.27 acres
- Parcels border the north side of Rainbow Restaurant and front Historic Old Highway 395
- Billboard lease in place with several years remaining; seller currently earns $2,000/month from 1 billboard
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
77
Businesses Nearby
Explore this area
Business Placement
Demographics for 92028, CA
51,614
Population
17,985
Households
2.9
Avg Household Size
41
Median Age
35%
College-Educated
87%
High-School Grad
116.7 sq mi
ZIP Area
442
Density / Sq Mi
$102,346
Median Household Income
$46,862
Median Earnings
$1,743
Median Rent
$781,200
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two rural residential parcels total 16.8 acres along Historic Old Highway 395 with utilities to the property line.
Where is this residential land & home lot located?
The property is located at Old Highway 395 Fallbrook, CA.
What is the asking price?
The asking price for this property is $777,000.
What are key features of this property?
This property features: Two parcels zoned Rural Residential: 9.53 acres and 7.27 acres; Parcels border the north side of Rainbow Restaurant and front Historic Old Highway 395; Billboard lease in place with several years remaining; seller currently earns $2,000/month from 1 billboard
