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Rural Residential Land with Billboard Lease

Old Highway 395 Fallbrook, CA 92028

Old Highway 395, Fallbrook, CA, 92028
$777,000
For Sale
$777,000

LAND - Fallbrook, CA

Lot Size16.80 Acres
Days on Market36

Property Features for Old Highway 395

General Information

Property type
Land
Property subtype
Other
Standard status
Active
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
Listed by Shane Strong · License #02248187
Added: Jun 16 Updated: Jul 21 at 4:33AM Checked: Jul 21 at 2:06PM
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.

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 Location Intelligence

Current Use by Public Records

Residential land & home ...

FAQs

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
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