Listed by Mary Beth Buckles, Coldwell Banker Realty, (949) 499-1320
1239 Rainbow Valley Blvd
Fallbrook, CA 92028
3 Beds
2 Baths
1,817 sqft (on 2.15 acres)
3 Beds
2 Baths
1,817 sqft
(on 2.15 acres)
Local Information
© Google
-- mins to
Description
BACK ON THE MARKET!!! Original Wine Country Schoolhouse. Very special and unique Country property just minutes from Old Town Temecula. Two plus gentle oak studded acres featuring “The Old Vallecitos School House” converted to a three bedroom plus loft, two bathrooms. The renovated Schoolhouse was built in 1887 and was used as such until it was moved onto this property in the 1950's. Beautiful hardwood flooring, a huge fireplace and recently opened up original windows are charming touches to the original first floor. Upstairs the bedrooms have knotty pine flooring and old slat windows. There is a full bedroom and bath downstairs. The home has new drywall, fresh interior and new exterior "Victorian" paint and all of the wood flooring has been refinished. Propane has been added and so have heating and A/C. New Roof in 2025 plus home was recently tented and all termite work completed. Both bathrooms have been completely remodeled and kitchen has been updated with new sink, faucet and countertops. Outside beautiful natural landscape on gentle fertile land perfect for gardening. There is a large metal barn/workshop and a one horse old wood barn. Enjoy the charming setting while being only minutes to everything Temecula and Fallbrook have to offer including 60+ wineries within 20 minutes! Only .4 mile to Rainbow Oaks Restaurant and gas station.
Home Highlights
Parking
2 Carport Spaces
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
$512
Listed
83 days ago
Home Details for 1239 Rainbow Valley Blvd
|
|---|
Interior Details Number of Rooms: 7Types of Rooms: Master Bedroom, Bedroom, Center Hall, Dining Room, Family Room, Kitchen |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1817 Square Feet |
Appliances & Utilities Utilities: PropaneAppliances: Gas Oven, Gas Range, Propane Oven, Refrigerator, Tankless Water Heater, Dryer, WasherDryerLaundry: In CarportRefrigeratorWasher |
Heating & Cooling Heating: Electric,Fireplace(s),Wood,ZonedHas CoolingAir Conditioning: Central Air,Electric,ZonedHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: Living Room, Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Flooring: Tile, WoodCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: up 4 stepsFloors: Tile, Wood |
View Has a ViewView: Hills, Neighborhood, Orchard, Panoramic, Rocks, Trees/Woods |
|
|---|
Exterior Home Features Patio / Porch: Rear Porch, CoveredFencing: Chain LinkNo Private Pool |
Parking & Garage Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageParking Spaces: 2Parking: Carport |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Allowed to Raise Horses |
Surface & Elevation Elevation Units: Feet |
|
|---|
Cumulative Days on Market: 66Days on Market: 83 |
|
|---|
Year Built Year Built: 1887 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Craftsman |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Updated/RemodeledParcel Number: 1026600700 |
|
|---|
Price List Price: $929,900Price Per Sqft: $512 |
|
|---|
MLS Status: Active |
|
|---|
Direction & Address City: FallbrookCommunity: Fallbrook |
School Information High School District: San Diego Unified |
|
|---|
Listing Agent Listing ID: OC26034413 |
|
|---|
Community Features: ValleyNot Senior Community |
|
|---|
HOA Name: NoneAssociation for this Listing: California Regional MLSHOA Fee: No HOA Fee |
|
|---|
Lot Area: 2.15 Acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry |
|
|---|
RV Parking RV Parking Area: Plenty! |
|
|---|
Mls Number: OC26034413Living Area Range Units: Square FeetAttribution Contact: 949-230-5887Common Interest: NoneUniversal Property Id: US-06073-N-1026600700-R-N |
|
|---|
ValleySource Internet Entire Listing Display |
Last check for updates: about 6 hours ago
Listing Provided by: Mary Beth Buckles DRE #01165545, (949) 230-5887
Coldwell Banker Realty
Originating MLS: California Regional MLS
Price History for 1239 Rainbow Valley Blvd
| Date | Price | Event | Source |
|---|---|---|---|
| 04/09/2026 | $929,900 | PendingToActive | CRMLS #OC26034413 |
| 03/08/2026 | $929,900 | Contingent | CRMLS #OC26034413 |
| 02/15/2026 | $929,900 | Listed For Sale | CRMLS #OC26034413 |
| 02/10/2026 | $5,000 | Listed For Rent | CRMLS #OC26030305 |
| 08/26/2024 | $4,500 | ListingRemoved | CRMLS #OC24002976 |
| 02/12/2024 | $4,500 | Listed For Rent | CRMLS #OC24002976 |
| 02/12/2024 | ListingRemoved | Zillow Rentals | |
| 01/05/2024 | $4,500 | Listed For Rent | Zillow Rentals |
| 02/13/2020 | $2,800 | ListingRemoved | Agent Provided |
| 12/22/2019 | $2,800 | Listed For Rent | Agent Provided |
| 07/15/2019 | $2,800 | ListingRemoved | Agent Provided |
| 02/25/2019 | $2,800 | PriceChange | Agent Provided |
| 01/14/2019 | $3,700 | Listed For Rent | Agent Provided |
| 05/20/2018 | $3,200 | ListingRemoved | Agent Provided |
| 05/03/2018 | $3,200 | PriceChange | Agent Provided |
| 04/02/2018 | $3,995 | PriceChange | Agent Provided |
| 12/11/2017 | $4,500 | PriceChange | Agent Provided |
| 11/18/2017 | $4,000 | Listed For Rent | Agent Provided |
| 11/25/2015 | $350,000 | Sold | N/A |
| 10/17/2015 | $350,000 | Pending | Agent Provided |
| 10/12/2015 | $350,000 | PriceChange | Agent Provided |
| 09/01/2015 | $399,990 | PriceChange | Agent Provided |
| 08/19/2015 | $449,000 | PriceChange | Agent Provided |
| 07/30/2015 | $475,000 | Listed For Sale | Agent Provided |
Similar Homes You May Like
3.12 ACRESCENTURY 21 Affiliated- 17.86 ACRESRealty Masters & Associates, I
- NEW1.43 ACRESCentury 21 Affiliated
- 5.25 ACRESShine Real Estate and Marketing Inc.
- 5.25 ACRESShine Real Estate and Marketing Inc.
- 1.34 ACRESBerkshire Hathaway HomeService
- 1.14 ACRESElite Properties Direct
- 18.84 ACRESAbundance Real Estate
- NEW CONSTRUCTION
- Keller Williams San Diego Metro
See more homes for sale inFallbrook
New Listings near 1239 Rainbow Valley Blvd
- 9.93 ACRESeXp Realty of Southern CA
- 17.86 ACRESRealty Masters & Associates, I
- NEW1.43 ACRESCentury 21 Affiliated
- 3.97 ACRESCapital Team Real Estate Svc
- Coldwell Banker Realty-Dana Point/San Clemente
- OPEN SUN, 12-3PMProfessional Realty Services
- 18.84 ACRESAbundance Real Estate
- See more homes for sale inFallbrook
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,366 |
| Assessment | $414,322 |
Home facts updated by county records
Comparable Sales for 1239 Rainbow Valley Blvd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Single-Family Home | $1,100,000 | 12/03/25 | 4 | 3 | 1,792 | |
0.79 | Single-Family Home | $750,000 | 07/25/25 | 2 | 2 | 1,476 | |
0.48 | Single-Family Home | $1,018,000 | 09/12/25 | 3 | 2.5 | 2,165 | |
0.88 | Single-Family Home | $760,000 | 06/16/25 | 2 | 2 | 2,041 | |
0.99 | Single-Family Home | $850,000 | 05/27/25 | 2 | 2 | 1,854 | |
1.56 | Single-Family Home | $1,060,000 | 04/24/26 | 3 | 2.5 | 2,400 | |
1.92 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 |
Assigned Schools
These are the assigned schools for 1239 Rainbow Valley Blvd.
- Vallecitos Elementary School
- K-8
- Public
- 195 Students
6/10GreatSchools RatingParent Rating AverageLove this school! Every body is friendly, including teachers, staff and student volunteers. My son goes to the kindergarten here and I am so glad he is in good hands.Parent Review2y ago - Fallbrook High School
- 9-12
- Public
- 1853 Students
6/10GreatSchools RatingParent Rating Averagehere my kids don't feel safe in a environment with gang wannabes bringing guns into campus and going into a lock down. Don't get me started on the teacher they sent my child home because he said something without raising his hand mvery unfair educationParent Review6mo ago 
Check out schools near 1239 Rainbow Valley Blvd.
What Locals Say about Fallbrook
At least 231 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
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Mary Beth Buckles, Coldwell Banker Realty
Agent Phone: (949) 230-5887
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 2026-02-09 09:51:42 PST 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 2026-02-09 09:51:42 PST 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
1239 Rainbow Valley Blvd, Fallbrook, CA 92028 is a 3 bedroom, 2 bathroom, 1,817 sqft single-family home built in 1887. This property is currently available for sale and was listed by CRMLS on Feb 15, 2026. The MLS # for this home is MLS# OC26034413.