1029 Rainbow Valley Ct
Fallbrook, CA 92028
- 4 Beds
- 3 Baths
- 1,792 sqft (on 1.97 acres)
4 Beds
3 Baths
1,792 sqft
(on 1.97 acres)
Home Value
Trulia Estimate
$1.1MSince last month
Decreased$1K (-0.1%)Since last year
Increased$89K (+8.7%)Since last sale
Increased$4K (+0.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +148% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.1M |
| July 2026 | $1.1M |
| June 2026 | $1.12M |
| May 2026 | $1.09M |
| April 2026 | $1.11M |
| March 2026 | $1.11M |
| February 2026 | $1.1M |
| January 2026 | $1.11M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Single-Family Home | $1,015,000 | 05/13/26 | 4 | 3 | 1,895 | |
0.56 | Single-Family Home | $1,018,000 | 09/12/25 | 3 | 2.5 | 2,165 | |
1.03 | Single-Family Home | $750,000 | 06/12/26 | 4 | 2 | 1,920 | |
1.07 | Single-Family Home | $725,000 | 06/29/26 | 4 | 4 | 4,581 | |
1.71 | Single-Family Home | $1,060,000 | 04/24/26 | 3 | 2.5 | 2,400 | |
1.75 | Single-Family Home | $1,091,000 | 10/14/25 | 3 | 2.5 | 2,594 | |
1.70 | Single-Family Home | $1,672,000 | 07/29/26 | 4 | 3.5 | 3,413 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.11 | $1,173,600 | 4 | 3.5 | 2,708 | Off Market | |
0.30 | $1,015,000 | 4 | 3 | 1,895 | Recently Sold | |
0.55 | $851,600 | 2 | 2 | 1,476 | Off Market | |
0.57 | $385,000 | 3 | 2 | 1,894 | For Sale | |
0.57 | $429,500 | 2 | 2 | 1,120 | Recently Sold | |
0.57 | $356,300 | 2 | 2 | 1,325 | Off Market | |
0.57 | $250,300 | 2 | 2 | 1,248 | Off Market | |
0.57 | $182,000 | 2 | 2 | 1,248 | Recently Sold | |
0.57 | $455,000 | 3 | 2 | 1,368 | For Sale | |
0.58 | $165,700 | 2 | 1 | 800 | Off Market | |
0.56 | $1,027,300 | 3 | 2.5 | 2,165 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1963
Lot Size
1.97 acres
Living Area
1,792 sqft
Price/Sqft
$614/sqft
Parking
Garage
HOA
None
About this House
Welcome to your new home, a beautifully renovated 4-bedroom, 3-bathroom retreat nestled in the tranquil hills of Rainbow, Fallbrook. Set on nearly 2 acres of panoramic beauty, this home combines modern elegance with the peaceful charm of country living. Step inside to discover an open-concept layout filled with natural light and sweeping views from every angle. The expansive living area flows seamlessly into the dining space and a chef-inspired kitchen, complete with stainless steel appliances, abundant cabinetry, hidden pantry and generous counter space — all framed by La Cantina–style doors that open to stunning outdoor vistas and the attached deck. The primary suite is a private oasis featuring a spa-like en-suite bathroom with a soaking tub and an oversized walk-in shower. Every bathroom throughout the home showcases contemporary finishes and thoughtful design. Enjoy the convenience of two laundry areas, two garages (one attached and one detached), and ample parking and storage — perfect for hobbies, guests, or multi-generational living. Your pets will love it here too — the property is pet-friendly with fencing and plenty of space to roam. Whether you’re unwinding on the balcony with panoramic views, hosting under the stars, or simply soaking in the peaceful views, this property offers the ideal blend of modern comfort and rural tranquility.
1029 Rainbow Valley Ct, Fallbrook, CA 92028 is a 4 bedroom, 3 bathroom, 1,792 sqft single-family home built in 1963. It last sold for the $1,100,000 asking price on Dec 3, 2025. More recently, it was listed as a rental in August 2025 with an asking price of $4,900 per month. That rental listing was removed on October 20, 2025. It is currently off market. The Trulia Estimate is $1,104,100, with a rent estimate of $3,985/month.
Last check for updates: about 13 hours ago
Listed by Theresa Mack DRE #01893281, (858) 230-4850
eXp Realty of California, Inc.
Bought with: Steven Anz DRE #01431222, (818) 522-6921, SKA Real Estate
Originating MLS: SDMLS
Source: SDMLS, MLS#250042107

Home Details for 1029 Rainbow Valley Ct
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3 |
Dimensions and Layout Living Area: 1792 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Dryer, WasherDishwasherDisposalDryerLaundry: ElectricWasher |
Heating & Cooling Heating: Heat PumpAir Conditioning: Central Forced AirHeating Fuel: Heat Pump |
Fireplace & Spa Number of Fireplaces: 1Fireplace: FP in Living Room, Electric |
Levels, Entrance, & Accessibility Number of Stories: 1Levels: 1 Story |
View Has a ViewView: Evening Lights, Mountains/Hills, Panoramic |
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Exterior Home Features Roof: CompositionFencing: FullOther Structures: Shed, Shop |
Parking & Garage Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageParking Spaces: 10Parking: Attached,Detached |
Pool Pool: N/K |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Installed |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Wood |
Property Information Condition: TurnkeyParcel Number: 1026601500 |
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Price List Price: $1,100,000Price Per Sqft: $614/sqft |
Status Change & Dates Off Market Date: Mon Nov 03 2025 |
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MLS Status: SOLD |
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Direction & Address City: FallbrookCommunity: FALLBROOK |
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Building Area Building Area: 1792 Square Feet |
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Association for this Listing: SDMLS |
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Lot Area: 1.97 Acres |
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Listing Terms: Cal Vet, Conventional, FHA, VA |
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Mls Number: 250042107Showing Service Name: None |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 3, 2025 Source: SDMLS #250042107 | Sold | $1,100,000 |
Nov 5, 2025 Source: SDMLS #250042107 | Pending | $1,100,000 |
Oct 20, 2025 Source: SDMLS #250042107 | Listed For Sale | $1,100,000 |
Oct 20, 2025 Source: Zillow Rentals | ListingRemoved | $4,500 |
Sep 8, 2025 Source: Zillow Rentals | PriceChange | $4,500 Price decreased by 8% |
Aug 28, 2025 Source: Zillow Rentals | Listed For Rent | $4,900 |
Aug 26, 2025 Source: Zillow Rentals | ListingRemoved | $5,200 |
Aug 22, 2025 Source: Zillow Rentals | PriceChange | $5,200 Price decreased by 5% |
Aug 1, 2025 Source: Zillow Rentals | PriceChange | $5,500 Price decreased by 7% |
Jul 7, 2025 Source: Zillow Rentals | Listed For Rent | $5,900 |
Jun 23, 2025 Source: Zillow Rentals | ListingRemoved | $5,900 |
Jun 4, 2025 Source: Zillow Rentals | Listed For Rent | $5,900 |
Mar 9, 2023 Source: N/A | Sold | $900,000 |
Jan 18, 2023 Source: CRMLS #NDP2211024 | Pending | $899,000 |
Jan 13, 2023 Source: CRMLS #NDP2211024 | PendingToActive | $899,000 |
Dec 31, 2022 Source: CRMLS #NDP2211024 | Pending | $899,000 |
Dec 26, 2022 Source: CRMLS #NDP2211024 | PendingToActive | $899,000 |
Dec 21, 2022 Source: CRMLS #NDP2211024 | Pending | $899,000 |
Dec 13, 2022 Source: CRMLS #NDP2211024 | PriceChange | $899,000 Price decreased by 9% |
Nov 15, 2022 Source: CRMLS #NDP2211024 | PriceChange | $989,000 Price decreased by 10% |
Nov 4, 2022 Source: CRMLS #NDP2211024 | Listed For Sale | $1,100,000 |
Feb 23, 2022 Source: N/A | Sold | $670,000 |
Mar 11, 2020 Source: Agent Provided | ListingRemoved | $0 |
Jan 15, 2020 Source: Agent Provided | Listed For Sale | $0 |
Dec 5, 2019 Source: N/A | Sold | $491,400 |
Nov 5, 2019 Source: Agent Provided | PriceChange | $575,000 Price decreased by 2% |
Oct 31, 2019 Source: Agent Provided | Listed For Sale | $585,000 |
Apr 11, 2017 Source: N/A | Sold | $545,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,793 | $936,358 |
Home facts updated by county records
Market trends in Fallbrook
Last updated July 2026
Avg. sale price
$840K
$45KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$426
$2MoM
Available listings
244
7MoM
Around this home
What Locals Say about Fallbrook
At least 232 Trulia users voted on each feature.
83 % Say car is needed
81 % Say it's dog friendly
79 % Say parking is easy
77 % Say there's holiday spirit
73 % Say yards are well-kept
67 % Say it's quiet
63 % Say there's wildlife
59 % Say neighbors are friendly
58 % Say people would walk alone at night
54 % Say they plan to stay for at least 5 years
53 % Say kids play outside
46 % Say there are sidewalks
43 % Say it's walkable to grocery stores
41 % Say it's walkable to restaurants
39 % Say there are community events
33 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
Frequently asked questions about 1029 Rainbow Valley Ct
- What is 1029 Rainbow Valley Ct estimated to be worth?Trulia's estimated value for 1029 Rainbow Valley Ct in Fallbrook, CA is $1,104,100.
- What is the price history for 1029 Rainbow Valley Ct?1029 Rainbow Valley Ct in Fallbrook, CA last sold for $1,100,000 in December 2025.
- Is Fallbrook a buyer's or seller's market?Fallbrook is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Fallbrook?The median sale price in Fallbrook is $840K. That is down $45K from the prior month.
- Does 1029 Rainbow Valley Ct have a pool?Yes, 1029 Rainbow Valley Ct in Fallbrook, CA has a pool.
- Does 1029 Rainbow Valley Ct have laundry facilities?Yes, 1029 Rainbow Valley Ct in Fallbrook, CA has in-unit laundry.

