305 Rainbow Crest Rd, Fallbrook, CA 92028
OFF MARKET
Listed by Susannah Levicki, Capitis Real Estate, (951) 691-2048 . Bought with Capitis Real Estate

$1,369,500

Trulia Estimate
  • 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 Home
Currently Off Market - Sold Feb 18, 2025 for $1,125,000

Home Value

Trulia Estimate
$1.37M
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 305 Rainbow Crest Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 65

Property Information

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

Price & Status

Price
List Price: $1,125,000
Status Change & Dates
Off Market Date: Sat Jan 18 2025Possession Timing: Close Plus, Negotiable, See Remarks

Active Status

MLS Status: Closed

Location

Direction & Address
City: FallbrookCommunity: Fallbrook
School Information
High School District: Fallbrook Union

Community

Community Features: Hiking, RuralNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 10 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Miscellaneous

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

Additional Information

HikingRural

Price and Tax history

DateEventPrice
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

Market trends in Fallbrook

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$865K
$24.58K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$432
$6
MoM
Available listings
233
12
MoM

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.
  • 8d4sbsmkv2
    "The Avacado Festival is an event that makes our neighborhood special because we gather to buy different things such as food, clothes, walk in family, and hang out and meet new people."
  • Fallbrookusa
    "Churchโ€™s, Avocado festival. Christmas Parade, small town feel with good restaurants a town supported by military."
  • Sunshine.ecorinne
    "We donโ€™t have many events in my neighborhood but everyone is very kind. Then neighborhood is very relaxed and Fallbrook in general is a tight community "
  • Richelle Stephens
    "Small town feel without living far from civilization. People are generally nice and are active in the community. Sometimes I wish there was more kid friendly activities but we still find fun. "
  • Bren.nunez
    "Friendly neighborhood. Quiet neighborhood. Great place to live as a transition to a house. Condos are quiet. "
  • Trulia User
    "Quiet and clean. Feels good to come he to friendly neighbors and love that outdoorsy feel. "
  • Daveandmonique
    "Avocado Festival, summer nights, fall hoedown and Christmas Parade are some area specific seasonal events in Fallbrook.events"
  • Moy R.
    "Small streets canโ€™t handle amount of cars in the roads every single day of the week. It is very annoying to drive around this town even during the week. "
  • Jordis F.
    "Quaint rural community with friendly folk. Fallbrook has unique topography and lots of trees, and nice outdoor activities."
  • Eric
    "The commute is longer than where I lived previously but that was a trade off for other things the area had to offer"
  • Jordis F.
    "I work remotely but close access to the 15 and 76. About ten minutes to the 15 and 76, and 30 minutes to the 5"
  • Harnackeb
    "Iโ€™ve lived in this super quiet neighborhood for seven years with an amazing view and amazing friendly neighbors who always look out after another. Great community!"
  • Stephanie R.
    "Not a lot of walking areas in my neighborhood but some parks and community areas are available which is nice "
  • Rodrigo G.
    "I bought a new house at Horse Creek Ridge last year, and I love it. really nice and save neighborhood with lots of parks, walking trails and an sport park. "
  • Jordis F.
    "We have a number of Halloween events that are safe and fun for the kids. We also have other annual events like the Avocado Festival and Art Faire."
  • William R.
    "People decorate their homes for holidays. Neighborhood still developing and should bring future events."
  • Kristin K.
    "That we are all very friendly and we all help each other out when it is needed. Canโ€™t ask for better neighbors "
  • Sonja S.
    "People are very friendly. Itโ€™s such a tranquil place to live. Central to everything with a small town feel. Love it "
  • Nancy C.
    "I see people walking with their dogs all the time. I see people exercising and going to public events. I like Fallbrook's vibe. "
  • Pcrazyfeet
    " I no loner if I did, I would be going north in the morning against traffic, so it would be 15-20 commute"
  • B1ack
    "That everyone tries to keep pets safe. If a dog gets out, most try to find the owners. There is also a community app to post information so everyone knows whatโ€™s going on around us."
  • Pcrazyfeet
    "Very rural. No public transportation. No malls, just a couple of markets. Nice restaurants. No hospital"
  • Gonza190
    "Small town. Everyone knows when you fart. Gossip girl kinda town. Schools suck, fact check me on this one. Itโ€™s true schools suck look at scores "
  • Funkyones
    "Rural area & lots of country to spread outโ€ผ๏ธโ€ผ๏ธ Nice homes & small town atmosphere๐Ÿ‘๐Ÿ‘ Lots of GREAT SCHOOLS & Football on Fridays night is the place to be.. Stay in Fallbrook to shop or travel a half an hour on Freeway North or South (City Trip) & find what ur looking for.. "
  • Jesus P.
    "Friendly small town. Not topical or California. Lots of vegetation compared to the surrounding cities. Country living feeling, with lots of ranch style homes."
  • Tyhawthorne6
    "Thereโ€™s no yard in the apartments by the gate to get on base so you you have to take your dog somewhere to Poo but itโ€™s a lovely area "
  • Kpaintermeyers
    "Convenient to the 15 freeway, short commute to Camp Pendleton. Easy option to take the old hwy 395 when the 15 backs up at commute time. "
  • Jolene
    "I moved here 2 years ago and it is my new home. Private and friendly. Family oriented with a lot of community events."
  • Brittanygraves10
    "Unsafe, unkept, no local police. Only Sheriff. A lot of unkept areas and a lot of burglaries at homes."
  • J
    "It is a great neighborhood, close to parks, and schools. The culture is unique with art shows, and festivals in the summer."
  • Fmom411
    "Great small town community near very large metros. Close enough to big box stores but also quaint with everything needed in town. People that love her, LOVE living here so pride in the town is high. Great restaurants! "
  • Dawn
    "no off leash areas are a point of contention. no off leash allowed, but some do anyway and create tension. need dog park area for them. "

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

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.

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