Listed by Susannah Levicki, Capitis Real Estate, (951) 691-2048 . Bought with Capitis Real Estate
$1,369,500
- 4 Beds
- 3 Baths
- 3,014 sqft (on 10 acres)
305 Rainbow Crest Rd, Fallbrook, CA 92028
Est. Refi. Payment $8,692/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 18, 2025 for $1,125,000
Home Value
Trulia Estimate
$1.37MSince last month
Increased$246K (+21.9%)Since last year
Increased$248K (+22.1%)Since last sale
Increased$245K (+21.7%)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 +21% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.37M |
| August 2026 | $1.12M |
| July 2026 | $1.12M |
| June 2026 | $1.13M |
| May 2026 | $1.1M |
| April 2026 | $1.12M |
| March 2026 | $1.12M |
| February 2026 | $1.11M |
| January 2026 | $1.13M |
2025 | |
2024 | |
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 |
|---|---|---|---|---|---|---|---|
0.59 | Single-Family Home | $975,000 | 04/01/26 | 5 | 3 | 2,528 | |
0.77 | Single-Family Home | $580,000 | 10/29/25 | 2 | 2 | 1,371 | |
1.74 | Single-Family Home | $1,100,000 | 11/05/25 | 4 | 3 | 5,117 | |
1.78 | Single-Family Home | $951,000 | 10/22/25 | 4 | 3.5 | 4,027 | |
1.33 | Single-Family Home | $1,145,000 | 02/02/26 | 2 | 2 | 1,967 | |
1.98 | Single-Family Home | $1,250,000 | 02/06/26 | 3 | 3 | 2,900 | |
1.45 | Single-Family Home | $745,000 | 09/21/26 | 2 | 1.5 | 1,260 | |
2.26 | Single-Family Home | $1,100,000 | 04/06/26 | 3 | 2 | 2,400 | |
1.98 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 | |
2.25 | Single-Family Home | $1,060,000 | 04/24/26 | 3 | 2.5 | 2,400 |
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 |
|---|---|---|---|---|---|---|
0.18 | $1,200,000 | - | - | - | For Sale | |
0.20 | $1,599,900 | 3 | 3 | 2,556 | For Sale | |
0.17 | $175,000 | - | - | - | Recently Sold | |
0.38 | $350,000 | - | - | - | Recently Sold | |
0.44 | $400,000 | - | - | - | Recently Sold | |
0.54 | $2,080,000 | 6 | 6 | 5,666 | Off Market | |
0.59 | $975,000 | 5 | 3 | 2,528 | Recently Sold | |
0.62 | $1,014,500 | 3 | 2 | 2,147 | Off Market | |
0.77 | $583,400 | 2 | 2 | 1,371 | Off Market | |
0.84 | - | - | - | - | Off Market | |
0.94 | $767,600 | 4 | 2 | 1,836 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1992
10 acre lot
3,014 sqft
$454/sqft
20 Parking Spaces
About this House
What's unique:Rv parkingIncredible viewsPeaceful fountainLarge gourmet kitchenSpacious islandExpansive entertainment patio
Back on the Market! Don't let this one slip by! Welcome to your private 10 acre sanctuary nestled on top of Rainbow Crest with the most incredible views! This stunning 3,014 SQFT home offers 4 bedrooms and 3 bathrooms, with breathtaking forever views of the local Palomar mountain, hills and Pauma Valley. Perfect for entertaining, it features a 6-hole putting green, expansive entertainment patio with a fire pit, covered outdoor dining area, peaceful fountain, and panoramic vistas. Inside, the large gourmet kitchen boasts stainless steel appliances, granite countertops, a spacious island, and ample barstool seating, flowing into a bright family room and dining area with picture windows and patio access. The cozy living room, complete with a fireplace and patio doors, is perfect for cooler days. The master suite offers generous closet space and a luxurious stone-tiled bathroom with granite counters and a garden tub. Two guest bedrooms are conveniently located near the master, while a fourth bedroom downstairs is adjacent to a large gym area and the third bathroom near by creating what could be a private living space. Nestled on 10 acres, this property includes a 1-acre hybrid avocado grove, a professional basketball post and net, RV parking, and plenty of space for a pool or garage. This is a rare opportunity to own a true retreat with endless potential!
305 Rainbow Crest Rd, Fallbrook, CA 92028 is a 4 bedroom, 3 bathroom, 3,014 sqft single-family home built in 1992. It last sold for the $1,125,000 asking price on Feb 18, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,369,500, with a rent estimate of $5,261/month.
Home Details for 305 Rainbow Crest Rd
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Interior Details Number of Rooms: 12Types of Rooms: Bathroom, Attic, Bonus Room, Center Hall, Exercise Room, Family Room, Foyer, Game Room, Great Room, Kitchen, Laundry |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 3 |
Dimensions and Layout Living Area: 3014 Square Feet |
Appliances & Utilities Utilities: Cable Connected, Electricity Connected, Propane, Water ConnectedAppliances: Dishwasher, Disposal, Microwave, Propane Cooktop, Propane Oven, Refrigerator, Trash Compactor, Water Heater, Dryer, WasherDishwasherDisposalDryerLaundry: Laundry RoomMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Central,Forced Air,Fireplace(s),Propane,WoodHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Fireplace & Spa Fireplace: Living Room, Wood BurningSpa: NoneHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Carpet, StoneCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: MainFloors: Carpet, Stone |
View Has a ViewView: Hills, Mountain(s), Valley |
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Exterior Home Features Roof: ConcretePatio / Porch: Concrete, Front Porch, Open, PatioFencing: NoneNo Private Pool |
Parking & Garage Open Parking Spaces: 20No GarageNo Attached GarageParking Spaces: 20Parking: Concrete,Driveway,Paved,RV Access/Parking |
Pool Pool: None |
Frontage Road Surface Type: Paved, UnimprovedNot on Waterfront |
Water & Sewer Sewer: Septic Type Unknown |
Farm & Range Allowed to Raise Horses |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 65 |
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Year Built Year Built: 1992 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Ranch |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: TurnkeyParcel Number: 1100212700 |
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Price List Price: $1,125,000 |
Status Change & Dates Off Market Date: Sat Jan 18 2025Possession Timing: Close Plus, Negotiable, See Remarks |
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MLS Status: Closed |
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Direction & Address City: FallbrookCommunity: Fallbrook |
School Information High School District: Fallbrook Union |
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Community Features: Hiking, RuralNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 10 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: ND24201584Living Area Range Units: Square FeetAttribution Contact: 9516912048Back On Market Date: Tue Jan 07 2025Common Interest: NoneUniversal Property Id: US-06073-N-1100212700-R-N |
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HikingRural |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 18, 2025 Source: CRMLS #ND24201584 | Sold | $1,125,000 |
Jan 23, 2025 Source: CRMLS #ND24201584 | Pending | $1,125,000 |
Jan 7, 2025 Source: CRMLS #ND24201584 | PendingToActive | $1,125,000 |
Jan 3, 2025 Source: CRMLS #ND24201584 | Pending | $1,125,000 |
Dec 15, 2024 Source: CRMLS #ND24201584 | PendingToActive | $1,125,000 |
Nov 14, 2024 Source: CRMLS #ND24201584 | Pending | $1,125,000 |
Sep 28, 2024 Source: CRMLS #ND24201584 | Listed For Sale | $1,125,000 |
Aug 30, 2012 Source: N/A | Sold | $165,000 |
Mar 2, 2012 Source: N/A | Sold | $175,000 |
Mar 7, 2003 Source: N/A | Sold | $195,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $207,242 |
Home facts updated by county records
Market trends in Fallbrook
Last updated August 2026
Avg. sale price
$865K
$24.58KMoM
Sale-to-List Price
100.0%
Price per sq ft
$432
$6MoM
Available listings
233
12MoM
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 2026-09-22 12:48:49 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 2026-09-22 12:48:49 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 305 Rainbow Crest Rd
- What is 305 Rainbow Crest Rd estimated to be worth?Trulia's estimated value for 305 Rainbow Crest Rd in Fallbrook, CA is $1,369,500.
- What is the price history for 305 Rainbow Crest Rd?305 Rainbow Crest Rd in Fallbrook, CA last sold for $1,125,000 in February 2025.
- Is Fallbrook a buyer's or seller's market?Fallbrook is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Fallbrook?The median sale price in Fallbrook is $865K. That is up $24.58K from the prior month.
- Does 305 Rainbow Crest Rd have air conditioning?Yes, 305 Rainbow Crest Rd in Fallbrook, CA has air conditioning.
- Does 305 Rainbow Crest Rd have laundry facilities?Yes, 305 Rainbow Crest Rd in Fallbrook, CA has in-unit laundry.