38338 Rainbow Heights Pl, Fallbrook, CA 92028
OFF MARKET

$624,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,858 sqft (on 2.50 acres)

38338 Rainbow Heights Pl, Fallbrook, CA 92028

Est. Refi. Payment $4,065/mo*
Refinance Your Home

Home Value

Trulia Estimate
$625K
Since last month
Decreased$2K (-0.3%)
Since last year
Decreased$27K (-4.4%)
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 +29% in the last 10 years
MonthEstimated value
2026
October 2026$586K
September 2026$588K
August 2026$587K
July 2026$673K
June 2026$678K
May 2026$693K
April 2026$678K
March 2026$699K
February 2026$643K
January 2026$636K
2025
2024
2023
2022
2021
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
1810 Via Ladera, Fallbrook, CA
0.43
Single-Family Home
$1,060,000
04/24/26
3
2.5
2,400
6472 Rainbow Heights Rd, Fallbrook, CA
0.50
Single-Family Home
$895,000
12/08/25
4
2
1,477
1991 Via Ladera, Fallbrook, CA
0.11
Single-Family Home
$1,200,000
08/28/26
3
3
2,498
5505 Rainbow Heights Rd, Fallbrook, CA
0.71
Single-Family Home
$650,000
09/01/26
3
2
1,400
6490 Rainbow Heights Rd, Fallbrook, CA
0.53
Single-Family Home
$1,250,000
02/06/26
3
3
2,900
5434 Rainbow Heights Rd, Fallbrook, CA
0.81
Single-Family Home
$890,000
08/31/26
3
3
1,900
6051 Rainbow Heights Rd, Fallbrook, CA
1.28
Single-Family Home
$745,000
09/21/26
2
1.5
1,260
6455 Rainbow Heights Rd, Fallbrook, CA
0.73
Single-Family Home
$951,000
10/22/25
4
3.5
4,027
1078 Rainbow Crest Rd, Fallbrook, CA
1.36
Single-Family Home
$1,145,000
02/02/26
2
2
1,967
1630 Rice Canyon Rd, Fallbrook, CA
1.15
Single-Family Home
$775,000
11/26/25
2
1
1,026

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
Rainbow heights Rd, Fallbrook, CA 92028
0.04
$375,200
3
2
1,858
Off Market
6702 Rainbow Heights Rd, Fallbrook, CA 92028
0.07
$777,600
3
2
1,680
Off Market
6674 Rainbow Heights Rd, Fallbrook, CA 92028
0.08
$844,100
2
2
1,983
Off Market
38342 Rainbow Heights Pl, Fallbrook, CA 92028
0.09
$589,100
1
1
912
Off Market
1991 Via Ladera, Fallbrook, CA 92028
0.11
$1,200,000
3
3
2,498
Recently Sold
6732 Rainbow Heights Rd, Fallbrook, CA 92028
0.12
$717,000
2
2
1,200
Off Market
6670 Rainbow Heights Rd, Fallbrook, CA 92028
0.13
$624,900
4
2
1,848
Off Market
Via ladera, Fallbrook, CA 92028
0.13
-
-
-
-
Off Market
38374 Rainbow Heights Pl, Fallbrook, CA 92028
0.14
$629,900
1
1
686
Off Market
38349 Rainbow Heights Pl, Fallbrook, CA 92028
0.14
$729,300
2
2
1,768
Off Market
Rainbow Heights Rd #22, Fallbrook, CA 92028
0.16
-
-
-
-
Off Market
6611 Rainbow Heights Rd, Fallbrook, CA 92028
0.19
$1,416,200
4
3
3,602
Off Market
38381 Rainbow Heights Pl, Fallbrook, CA 92028
0.19
$968,000
3
2
2,091
Off Market
1949 Via Ladera, Fallbrook, CA 92028
0.20
$1,285,200
4
3
3,106
Off Market
6750 Rainbow Heights Rd, Fallbrook, CA 92028
0.20
$1,100,000
4
2
3,168
For Sale
6611 Rainbow Heights Rd, Fallbrook, CA 92028
0.21
$576,200
Studio
-
-
Off Market
6768 Rainbow Heights Rd, Fallbrook, CA 92028
0.23
$848,900
3
2
2,138
Off Market
38474 Rainbow Peaks Rd, Fallbrook, CA 92028
0.23
$1,215,600
3
3.5
3,154
Off Market
1994 Via Ladera, Fallbrook, CA 92028
0.24
$823,500
2
2.5
2,101
Off Market
1980 Via Ladera, Fallbrook, CA 92028
0.25
$1,250,400
3
2.5
3,038
Off Market

Local Information

  • Map ViewExplore the area around 38338 Rainbow Heights Pl.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1977
2.5 acre lot
1,858 sqft
$336/sqft

About this House

Custom home. Open Floor Plan. Huge wood-
burning fireplace. 40 ft. long Deck.
Many Beautiful Palm, Shade, and Fruit Trees. Plants, & flowers. Long concrete circular driveway.
Concrete Parking in driveway for 6 cars, in
addition to 2 spaces in Attached Garage. Six Garage Storage Cabinets + workshop. 2 Large Storage Sheds, large Unfinished cellar for additional storage. All new double pane windows and doors. All new Granite Counter tops, cabinets, new sinks, plumbing fixtures, New appliances.
lighting, Porcelain tile flooring, new Carpet and new Tile
roof.
38338 Rainbow Heights Pl, Fallbrook, CA 92028 is a 3 bedroom, 2 bathroom, 1,858 sqft single-family home built in 1977. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $624,500, with a rent estimate of $3,929/month.

Home Details for 38338 Rainbow Heights Pl

Interior Features

Interior Details
BasementAdditional StorageNumber of Rooms: 6Types of Rooms: Dining Room, Laundry Room, Master Bath, PantryStorage
Heating & Cooling
Heating: Forced Air, Radiant, Electric, Propane ButaneAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: TileDeckExterior: StuccoGardenPatioPorchSprinkler System
Parking & Garage
Parking Spaces: 2

Property Information

Year Built
Year Built: 1977Year Updated: 1978
Property Type / Style
Property Type: Single Family HomeArchitecture: Modern

Community

Units in Building: 1

Lot Information

Lot Area: 2.50 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

YearProperty taxTax assessment
2026Unavailable
$32,212
Home facts updated by county records

Market trends in Fallbrook

Last updated September 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$877K
$11.67KMoM
Sale-to-List Price
99.6%
0.4%MoM
Price per sq ft
$429
$3MoM
Available listings
241
7MoM
Sourced by Trulia Market Trends

Around this home

What Locals Say about Fallbrook

This October

Trick-or-Treat Score

Built from what locals say about this neighborhood.
  • 77% say there's holiday spirit
  • 59% say neighbors are friendly
  • 46% say there are sidewalks
Trulia Trick or TreatStart Ghost Hunt
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."
    0
    Flag
  • Fallbrookusa
    "Church’s, Avocado festival. Christmas Parade, small town feel with good restaurants a town supported by military."
    0
    Flag
  • Sunshine.ecorinne
    "We don’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 "
    0
    Flag
  • 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. "
    0
    Flag
  • Bren.nunez
    "Friendly neighborhood. Quiet neighborhood. Great place to live as a transition to a house. Condos are quiet. "
    9
    Flag
  • Trulia User
    "Quiet and clean. Feels good to come he to friendly neighbors and love that outdoorsy feel. "
    0
    Flag
  • Daveandmonique
    "Avocado Festival, summer nights, fall hoedown and Christmas Parade are some area specific seasonal events in Fallbrook.events"
    3
    Flag
  • Moy R.
    "Small streets can’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. "
    0
    Flag
  • Jordis F.
    "Quaint rural community with friendly folk. Fallbrook has unique topography and lots of trees, and nice outdoor activities."
    0
    Flag
  • Eric
    "The commute is longer than where I lived previously but that was a trade off for other things the area had to offer"
    1
    Flag
  • 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"
    3
    Flag
  • Harnackeb
    "I’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!"
    7
    Flag
  • Stephanie R.
    "Not a lot of walking areas in my neighborhood but some parks and community areas are available which is nice "
    0
    Flag
  • 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. "
    0
    Flag
  • 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."
    1
    Flag
  • William R.
    "People decorate their homes for holidays. Neighborhood still developing and should bring future events."
    0
    Flag
  • Kristin K.
    "That we are all very friendly and we all help each other out when it is needed. Can’t ask for better neighbors "
    0
    Flag
  • Sonja S.
    "People are very friendly. It’s such a tranquil place to live. Central to everything with a small town feel. Love it "
    0
    Flag
  • 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. "
    5
    Flag
  • Pcrazyfeet
    " I no loner if I did, I would be going north in the morning against traffic, so it would be 15-20 commute"
    0
    Flag
  • 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 what’s going on around us."
    3
    Flag
  • Pcrazyfeet
    "Very rural. No public transportation. No malls, just a couple of markets. Nice restaurants. No hospital"
    1
    Flag
  • Gonza190
    "Small town. Everyone knows when you fart. Gossip girl kinda town. Schools suck, fact check me on this one. It’s true schools suck look at scores "
    5
    Flag
  • Funkyones
    "Rural area & lots of country to spread out‼️‼️ Nice homes & small town atmosphere👍👍 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.. "
    1
    Flag
  • 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."
    0
    Flag
  • Tyhawthorne6
    "There’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 it’s a lovely area "
    1
    Flag
  • 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. "
    1
    Flag
  • Jolene
    "I moved here 2 years ago and it is my new home. Private and friendly. Family oriented with a lot of community events."
    0
    Flag
  • Brittanygraves10
    "Unsafe, unkept, no local police. Only Sheriff. A lot of unkept areas and a lot of burglaries at homes."
    3
    Flag
  • J
    "It is a great neighborhood, close to parks, and schools. The culture is unique with art shows, and festivals in the summer."
    0
    Flag
  • 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! "
    3
    Flag
  • 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. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 38338 Rainbow Heights Pl

  • What is 38338 Rainbow Heights Pl estimated to be worth?
    Trulia's estimated value for 38338 Rainbow Heights Pl in Fallbrook, CA is $624,500.
  • 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 $877K. That is up $11.67K from the prior month.
  • What do residents say about Fallbrook?
    Residents describe Fallbrook, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Fallbrook, CA.
  • Does 38338 Rainbow Heights Pl have air conditioning?
    Yes, 38338 Rainbow Heights Pl in Fallbrook, CA has air conditioning.
  • Does 38338 Rainbow Heights Pl have laundry facilities?
    Yes, 38338 Rainbow Heights Pl in Fallbrook, CA has in-unit laundry.

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