$1,537,400
as of Sep 2, 2026
- 1 Bed
- 1 Bath
- 900 sqft
- 1 Bed
- 1 Bath
- 900 sqft
10721 Rainbow Heights Rd, Fallbrook, CA 92028
Home Highlights
Property Type
Single-Family Home
Living Area
900 sqft
Price/Sqft
$1,708
Local Information
-- mins to
About this House
Your detached, private oasis awaits. This 1BR/1BA is tucked away in Fallbrook. With plenty of land and open space, you'll enjoy this cozy and spacious cabin. With exposed hardwood beams, newer appliances, and great natural light, this location is perfect for someone seeking the peace and tranquility that remote Fallbrook offers while still being close to shopping, entertainment, and much more.
This property requires dirt road travel and will be shown first this Sunday from 12-2PM. You must call the owner first before having a booked appointment.
This property requires dirt road travel and will be shown first this Sunday from 12-2PM. You must call the owner first before having a booked appointment.
10721 Rainbow Heights Rd, Fallbrook, CA 92028 is a 1 bedroom, 1 bathroom, 900 sqft single-family home. It last sold for $1,500,000 on Jan 28, 2022 (83,465% above the $1,795 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,537,400, with a rent estimate of $2,438/month.
Home Details for 10721 Rainbow Heights Rd
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Appliances & Utilities DryerRefrigeratorWasher |
Levels, Entrance, & Accessibility Floors: Carpet, Hardwood |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 YearAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Comparable Sales for 10721 Rainbow Heights Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.25 | Single-Family Home | $375,000 | 05/21/26 | 2 | 2 | 1,344 sqft | |
1.24 | Single-Family Home | $1,195,000 | 06/08/26 | 3 | 3 | 2,397 sqft | |
1.95 | Single-Family Home | $590,000 | 01/30/26 | 1 | 1 | 603 sqft | |
0.84 | Single-Family Home | $3,500,000 | 05/27/26 | 6 | 4.5 | 5,891 sqft | |
2.02 | Single-Family Home | $655,000 | 08/14/26 | 3 | 2 | 1,663 sqft | |
1.93 | Single-Family Home | $750,000 | 10/27/25 | 3 | 3 | 2,324 sqft | |
2.03 | Single-Family Home | $1,200,000 | 08/28/26 | 3 | 3 | 2,498 sqft | |
2.16 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 sqft | |
1.89 | Single-Family Home | $749,000 | 05/19/26 | 4 | 2.5 | 2,320 sqft | |
1.91 | Single-Family Home | $760,000 | 06/25/26 | 4 | 3 | 2,579 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Fallbrook
Last updated Sep 2026
Trulia Rent Estimate$2,438/mo
Average rent
$3.1K
$600MoM
Available listings
75
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
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 28, 2022 Source: N/A | Sold | $1,500,000 |
Jan 28, 2022 Source: CRMLS #PW21234676 | Pending | $1,500,000 |
Jan 27, 2022 Source: CRMLS #PW21234676 | Contingent | $1,500,000 |
Nov 30, 2021 Source: CRMLS #PW21234676 | Listed For Sale | $1,500,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,623,646 |
Home facts updated by county records
Frequently asked questions about 10721 Rainbow Heights Rd
- What is 10721 Rainbow Heights Rd estimated to be worth?Trulia's estimated value for 10721 Rainbow Heights Rd in Fallbrook, CA is $1,537,400.
- What is the price history for 10721 Rainbow Heights Rd?10721 Rainbow Heights Rd in Fallbrook, CA last sold for $1,500,000 in January 2022.
- 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 10721 Rainbow Heights Rd have laundry facilities?Yes, 10721 Rainbow Heights Rd in Fallbrook, CA has in-unit laundry.
- Does 10721 Rainbow Heights Rd have parking?Yes, 10721 Rainbow Heights Rd in Fallbrook, CA has on-site parking.
Homes for rent near 10721 Rainbow Heights Rd
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

