Listed by Sharon Robinson, Compass, (619) 353-5828 . Bought with New Palace Realty
$1,129,200
- 4 Beds
- 3.5 Baths
- 2,708 sqft (on 2.50 acres)
1131 Rainbow Valley Blvd, Fallbrook, CA 92028
Est. Refi. Payment $6,939/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 4, 2024 for $1,100,000
Home Value
Trulia Estimate
$1.13MSince last month
Decreased$43K (-3.6%)Since last year
Increased$44K (+4.1%)Since last sale
Increased$23K (+2.1%)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 +172% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.12M |
| July 2026 | $1.17M |
| June 2026 | $1.17M |
| May 2026 | $1.16M |
| April 2026 | $1.13M |
| March 2026 | $1.11M |
| February 2026 | $1.09M |
| January 2026 | $1.1M |
2025 | |
2024 | |
2023 | |
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 |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $1,100,000 | 12/03/25 | 4 | 3 | 1,792 | |
0.41 | Single-Family Home | $1,015,000 | 05/13/26 | 4 | 3 | 1,895 | |
0.50 | Single-Family Home | $1,018,000 | 09/12/25 | 3 | 2.5 | 2,165 | |
0.96 | Single-Family Home | $725,000 | 06/29/26 | 4 | 4 | 4,581 | |
0.93 | Single-Family Home | $750,000 | 06/12/26 | 4 | 2 | 1,920 | |
1.63 | Single-Family Home | $1,060,000 | 04/24/26 | 3 | 2.5 | 2,400 | |
1.81 | Single-Family Home | $1,672,000 | 07/29/26 | 4 | 3.5 | 3,413 | |
1.83 | Single-Family Home | $1,091,000 | 10/14/25 | 3 | 2.5 | 2,594 |
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 | $1,100,000 | 4 | 3 | 1,792 | Recently Sold | |
0.41 | $1,015,000 | 4 | 3 | 1,895 | Recently Sold | |
0.48 | $1,350,000 | 4 | 2.5 | 2,646 | For Sale | |
0.48 | $928,400 | 3 | 3 | 1,920 | Off Market | |
0.50 | $1,031,400 | 3 | 2.5 | 2,165 | Off Market | |
0.49 | $385,000 | 3 | 2 | 1,894 | For Sale | |
0.49 | $429,500 | 2 | 2 | 1,120 | Recently Sold | |
0.49 | $355,600 | 2 | 2 | 1,325 | Off Market | |
0.49 | $258,100 | 2 | 2 | 1,248 | Off Market | |
0.49 | $182,000 | 2 | 2 | 1,248 | Recently Sold | |
0.49 | $455,000 | 3 | 2 | 1,368 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1979
Lot Size
2.5 acres
Living Area
2,708 sqft
Price/Sqft
$417
Parking
Garage
HOA
None
About this House
Indulge in the ultimate retreat: Luxurious panoramic oasis boasting a sparkling pool, nestled on sprawling 2.5 Acres in enchanting Fallbrook! This majestic haven features unique architecture, complete with a studio accessory dwelling unit (4th bedroom) and an extraordinary detached "Tiny House" ADU (5th Bedroom), offering unmatched comfort and privacy. Marvel at the grandeur of this multi-generational sanctuary, strategically positioned to command the MOST breathtaking views, designed for utter relaxation and sumptuous entertainment. Step inside to be enthralled by the exquisite touches, including stunning hickory wood flooring, opulent granite slabs, stainless steel appliances, and custom backsplashes. Delight in the gourmet kitchen, adorned with pecan wood cabinetry featuring soft close drawers, while the travertine and quartz fireplace soars high, illuminating the night with its radiant glow. Revel in the abundance of natural light pouring through multiple picture windows, enhancing every corner of this magnificent estate. Experience seamless indoor/outdoor living as you venture onto redwood decks, multiple patios, new view windows, a new A/C unit and water heater, all recently installed, and BBQ areas with your own cantina. Perfect for soaking in the surroundings and hosting gatherings. Embrace sustainability with the inclusion of a solar power purchase plan, ensuring efficient energy usage and cost savings. Equestrian enthusiasts will delight in the accommodation for horses, complete with ample trailer/boat access, a concrete paved RV parking area, with full hookups, and a spacious horse corral. With convenient access to the 15 freeway, downtown Fallbrook, Temecula, shopping destinations, and wineries, Every convenience is within reach. Prepare to be captivated from the moment you arrive—This exquisite residence is truly unforgettable.
1131 Rainbow Valley Blvd, Fallbrook, CA 92028 is a 4 bedroom, 4 bathroom, 2,708 sqft single-family home built in 1979. It last sold for $1,100,000 on Sep 4, 2024 (2% below the $1,118,747 asking price). More recently, it was listed as a rental in December 2020 with an asking price of $1,250 per month. That rental listing was removed on December 30, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,129,200, with a rent estimate of $5,230/month.
Home Details for 1131 Rainbow Valley Blvd
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Interior Details Number of Rooms: 3Types of Rooms: Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2708 Square Feet |
Appliances & Utilities Appliances: Double Oven, Dishwasher, Disposal, Refrigerator, Water HeaterDishwasherDisposalLaundry: Laundry RoomRefrigerator |
Heating & Cooling Heating: Fireplace(s)No CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Fireplace S |
Fireplace & Spa Fireplace: Family RoomSpa: In Ground, PermitsHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Flooring: WoodCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1Floors: Wood |
View Has a ViewView: Mountain(s), Valley |
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Exterior Home Features Has a Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage |
Pool Pool: In GroundPool |
Frontage Not on Waterfront |
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Year Built Year Built: 1979 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Updated/Remodeled, TurnkeyParcel Number: 1026602200 |
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Price List Price: $1,118,747 |
Status Change & Dates Off Market Date: Sat Jun 29 2024 |
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MLS Status: Closed |
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Direction & Address City: Fallbrook |
School Information High School District: Vallecitos |
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Community Features: Mountainous, ValleyNot Senior CommunityUnits in Building: 1 |
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Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs) |
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Lot Area: 2.5 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: NDP2402458Living Area Range Units: Square FeetAttribution Contact: sharon.robinson@compass.comBack On Market Date: Thu May 16 2024Universal Property Id: US-06073-N-1026602200-R-N |
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MountainousValley |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 4, 2024 Source: CRMLS #NDP2402458 | Sold | $1,100,000 |
Jun 30, 2024 Source: CRMLS #NDP2402458 | Pending | $1,118,747 |
Jun 18, 2024 Source: CRMLS #NDP2402458 | PriceChange | $1,118,747 Price decreased by 3% |
May 27, 2024 Source: CRMLS #NDP2402458 | PriceChange | $1,148,747 Price decreased by 4% |
May 17, 2024 Source: CRMLS #NDP2402458 | PendingToActive | $1,198,747 |
Apr 27, 2024 Source: CRMLS #NDP2402458 | Pending | $1,198,747 |
Apr 21, 2024 Source: CRMLS #NDP2402458 | PriceChange | $1,198,747 Price increased by 9% |
Apr 7, 2024 Source: CRMLS #NDP2402458 | Pending | $1,098,747 |
Mar 24, 2024 Source: CRMLS #NDP2402458 | Listed For Sale | $1,098,747 |
Dec 30, 2020 Source: N/A | ListingRemoved | |
Dec 7, 2020 Source: N/A | Listed For Rent | $1,250 |
Oct 13, 2015 Source: N/A | Sold | $390,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,122,000 |
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

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-29 05:27:04 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-29 05:27:04 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Frequently asked questions about 1131 Rainbow Valley Blvd
- What is 1131 Rainbow Valley Blvd estimated to be worth?Trulia's estimated value for 1131 Rainbow Valley Blvd in Fallbrook, CA is $1,129,200.
- What is the price history for 1131 Rainbow Valley Blvd?1131 Rainbow Valley Blvd in Fallbrook, CA last sold for $1,100,000 in September 2024.
- 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 1131 Rainbow Valley Blvd have a pool?Yes, 1131 Rainbow Valley Blvd in Fallbrook, CA has a pool.
- Does 1131 Rainbow Valley Blvd have laundry facilities?Yes, 1131 Rainbow Valley Blvd in Fallbrook, CA has laundry facilities.