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$499,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Partial Baths
  • 1,175 Sq. Ft.
  • Updated 2 days ago
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Views! Views! Views! Located in the scenic hills of Fallbrook near Rainbow, this exceptional property offers a rare opportunity to own over 6 acres of usable Southern California countryside. With approximately 6.12 acres, this versatile parcel combines privacy, natural beauty, and incredible potential. Surrounded by rolling hills, mature trees, and picturesque mountain and valley views, the property provides a peaceful rural setting while still being within convenient reach of local shops, dining, and major roadways. Ideal for those seeking space, serenity, and flexibility. The existing 3-bedroom, 2-bath manufactured home features a deck and covered patio, offering a comfortable place to enjoy the surrounding landscape. Whether used as a primary residence, rental, or temporary living space while you build, it adds immediate value and functionality. The land is the true highlight, offering citrus trees and expansive flat, usable areas perfect for a custom estate, agricultural use, or multi-purpose living. Utilities are already in place, including electricity, water, private well, propane, and septic system-providing a strong foundation for future development. Enjoy open space, privacy, and the charm that makes Fallbrook one of North County's most desirable hidden gems. With increasing demand for land and lifestyle properties, opportunities like this are becoming increasingly rare. Don't miss your chance to create your vision and own a piece of Fallbrook's tranquil lifestyle.

Full Property Details for 38942 Jubilee Way

General

  • Price: $499,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SW26083112
  • Updated: 6/1/2026
  • Days on Market: 48 days
  • Added to Site: 48 day(s) ago

Interior

  • Rooms/Areas: Laundry, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom
  • Interior Features: High Ceilings, Storage
  • Fireplace(s): None
  • Appliances: Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Inside, Gas Dryer Hookup, Gas & Electric Dryer Hookup, Washer Hookup

Additional Information

  • Pool Description: None

Exterior

  • Deck/Patio: Porch, Patio

Parking

  • Parking: Unpaved

Location

  • County: San Diego
  • Subdivision: Fallbrook
  • Driving Directions: RAINBOW VALLEY BLVD/RAINBOW CREEK RD/JUBILEE WAY

School Information

  • School District: Fallbrook Union

Community

  • Community Features: Valley, Hiking, Mountainous, Foothills

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Propane

Utilities

  • Sewer: Septic Type Unknown
  • Water: Well, Agricultural Well

Structural Information

  • Structure Type: Manufactured On Land
  • Common Walls: No Common Walls
  • Disability Access: Parking
  • Entry Location: Front Door
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,175
  • Sq. Ft. Source: Seller
  • Year Built: 2011
  • Year Built Source: Estimated
  • Property Condition: Additions/Alterations

Additional Structures

  • Other Structures: Workshop, Storage

Lot Features

  • Property View: Mountain(s), Trees/Woods, Hills, Canyon, Valley
  • Lot Size (Acres): 6.19
  • Lot Size (Sq. Ft.): 269,636.4
  • Lot Size Source: Assessor
  • Zoning: A-70
  • Lot Description: Secluded, 6-10 Units/Acre, Value In Land

Financial Considerations

  • Price Per Sq. Ft.: $424.68

Disclosures and Reports

  • Special Conditions: Standard
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 38942 Jubilee Way —

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NMLS#: 1598647

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Schools serving 38942 Jubilee Way

School Districts:Vallecitos Elementary School District, Fallbrook Union High School District
NameGradesDistance
Vallecitos Elementary School
5211 Fifth St., Rainbow, CA 92028
PK-81.1 mi
Fallbrook High School
2400 South Stage Coach Lane, Fallbrook, CA 92028
9-128 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 38942 Jubilee Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$499,000
-16.83%
MLS
4/17/2026
Listed
$600,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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38942 Jubilee Way, Fallbrook, CA 92028 (MLS# SW26083112) is a Single Family property with 3 bedrooms, 0 full bathrooms and 2 partial bathrooms. 38942 Jubilee Way is currently listed for $499,000 and was received on April 17, 2026. This property is listed by Julie Lane from our Old Town Temecula Office.Want to learn more about 38942 Jubilee Way? Do you have questions about finding other Single Family real estate for sale in Fallbrook? You can browse all Fallbrook real estate or contact a Coldwell Banker agent to request more information.

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