Listed by Ever Eternity, Pacific Sotheby's Int'l Realty . Bought with Family Discount Realty
$2,066,100
- 6 Beds
- 6 Baths
- 5,666 sqft (on 16.77 acres)
482 Rainbow Crest Rd, Fallbrook, CA 92028
Est. Refi. Payment $12,986/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 26, 2023 for $1,567,660
Home Value
Trulia Estimate
$2.07MSince last month
Decreased$13K (-0.6%)Since last year
Decreased$101K (-4.6%)Since last sale
Increased$511K (+32.6%)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 +161% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $2.08M |
| August 2026 | $2.09M |
| July 2026 | $2.23M |
| June 2026 | $2.27M |
| May 2026 | $2.26M |
| April 2026 | $2.26M |
| March 2026 | $2.27M |
| February 2026 | $2.21M |
| January 2026 | $2.07M |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $975,000 | 04/01/26 | 5 | 3 | 2,528 | |
1.26 | Single-Family Home | $1,100,000 | 11/05/25 | 4 | 3 | 5,117 | |
1.27 | Single-Family Home | $951,000 | 10/22/25 | 4 | 3.5 | 4,027 | |
0.47 | Single-Family Home | $580,000 | 10/29/25 | 2 | 2 | 1,371 | |
0.81 | Single-Family Home | $1,145,000 | 02/02/26 | 2 | 2 | 1,967 | |
1.45 | Single-Family Home | $1,250,000 | 02/06/26 | 3 | 3 | 2,900 | |
0.93 | Single-Family Home | $745,000 | 09/21/26 | 2 | 1.5 | 1,260 | |
1.98 | Single-Family Home | $1,200,000 | 08/28/26 | 3 | 3 | 2,498 | |
1.45 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 | |
1.96 | Single-Family Home | $1,100,000 | 04/06/26 | 3 | 2 | 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 |
|---|---|---|---|---|---|---|
0.17 | $975,000 | 5 | 3 | 2,528 | Recently Sold | |
0.23 | $1,008,900 | 3 | 2 | 2,147 | Off Market | |
0.35 | $1,599,900 | 3 | 3 | 2,556 | For Sale | |
0.39 | - | - | - | - | Off Market | |
0.40 | $765,000 | 4 | 2 | 1,836 | Off Market | |
0.47 | $581,200 | 2 | 2 | 1,371 | Off Market | |
0.52 | $350,000 | - | - | - | Recently Sold | |
0.52 | $175,000 | - | - | - | Recently Sold | |
0.53 | $1,200,000 | - | - | - | For Sale | |
0.54 | $1,369,500 | 4 | 3 | 3,014 | Off Market | |
0.56 | $1,138,500 | 3 | 2 | 2,120 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1973
16.77 acre lot
5,666 sqft
$365/sqft
Garage
About this House
What's unique:Wine cellarAdobe-style fireplacePrivate rooftop patio accessPremium featuresPrivate deck accessGorgeous views
Gorgeous craftsman pool home on mountain top above the clouds w/ 360 panoramic views all the way to the ocean! Comprised of two adjacent 8+ acre parcels for a total of 16.77 acres (8.6 ac main lot, and 8.17 ac vacant lot w/ separately metered water & electric), this massive estate has a paid-in-full new Tesla solar system and is tucked into the private, secluded Rainbow community of Fallbrook surrounded by gorgeous views of the towering mountains, orchards & scenery. The attached vacant lot has an expansive flat area making it an excellent building site w/ its own separate water & electric utilities already to the lot, while the conjoining main lot includes a detached 1250 sqft 1 bed/1 bath guest house/ADU with a separate downstairs living area/office & kitchenette, in addition to the lavish 4000+ sqft main house. This one of a kind, stunning upgraded property is an entertainer's dream that feels like vacation with all the premium features & resort-style amenities you could want giving you every excuse to never leave. From the paid-in-full new Tesla solar system w/ a back-up battery & generator, to the zoned central heat/AC and surround sound audio throughout inside & out, no detail has been overlooked in this amazing oasis. Pull into the private gated driveway up to the main house with a tiled front porch entry, adobe-style fireplace and grand double-doors to soaring high vaulted beamed ceilings inside. The home's main level showcases beautiful Brazilian Cherry wood flooring, a full bed/bath, and a stunning gourmet kitchen w/ all the bells & whistles including refrigerated & warmed drawers, stainless steel & custom cabinet-covered appliances, granite counters & backsplash, a spacious center island, double convection oven, automatic faucet, breakfast counter and wraparound wet bar w/ wine cooler & additional cabinetry in the breakfast area that also boasts a two-way fireplace to the formal living room. Downstairs, the separate family room is the life of the party featuring a large lava rock wet bar & fireplace, built-in Category 5 surround sound media center, wine cellar w/ dual-zone Sub-Zero full-length wine fridge, remodeled full bathroom and a finished basement area w/ its own private entry that can be used as an additional bedroom. Sit back, relax & entertain in the home's sprawling backyard that truly feels like a high-end resort vacation that you never want to leave, highlighting a glass-enclosed full bar w/ seating, custom stone waterfall, sparkling blue pool, separate jetted spa, built-in BBQ, open & covered patios/terraces, exterior-access full pool bathroom, and a built-in fire pit– all enjoyed with a jaw-dropping panoramic mountain view backdrop. On home's the top level, the primary suite features an en-suite bathroom w/ dual sinks & a beautiful granite shower, private deck access w/ a luxurious a sauna, and private rooftop patio access for the best views in the house! Every level of the home also boasts wraparound decks w/ upgraded wood panel ceilings offering breathtaking views from every angle and all the way out to the ocean on a clear day, with the guest house also including a spacious attached deck of its own. Throw in the free SD Broadband WiFi, paddleball court, storage building and workshop, the features in this home are endless and impossible to list...this house is a must-see!
482 Rainbow Crest Rd, Fallbrook, CA 92028 is a 6 bedroom, 6 bathroom, 5,666 sqft single-family home built in 1973. It last sold for $1,567,660 on Dec 26, 2023 (6% below the $1,675,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $2,066,100, with a rent estimate of $8,506/month.
Home Details for 482 Rainbow Crest Rd
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Interior Details Basement: FinishedNumber of Rooms: 12Types of Rooms: Converted Bedroom, Bathroom, Attic, Basement, Bonus Room, Den, Entry Foyer, Family Room, Foyer, KitchenWet Bar |
Beds & Baths Number of Bedrooms: 6Main Level Bedrooms: 1Number of Bathrooms: 6Number of Bathrooms (full): 6Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 5666 Square Feet |
Appliances & Utilities Utilities: Cable Not Available, Electricity Connected, Propane, See RemarksAppliances: 6 Burner Stove, Built-In Range, Barbecue, Built-In, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Propane Cooktop, Propane Oven, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Water Heater, Warming Drawer, Water Purifier, DryerDishwasherDisposalDryerLaundry: Inside,Laundry Room,See RemarksMicrowaveRefrigerator |
Heating & Cooling Heating: Baseboard,Combination,Central,Electric,Forced Air,Fireplace(s),Propane,Solar,See Remarks,ZonedHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s),ZonedHas HeatingHeating Fuel: Baseboard |
Fireplace & Spa Fireplace: Den, Dining Room, Family Room, Living Room, Masonry, Primary Bedroom, Multi-Sided, Outside, See Through, See RemarksSpa: Above Ground, Private, See RemarksHas a FireplaceHas a Spa |
Gas & Electric Electric: 220 Volts |
Windows, Doors, Floors & Walls Window: Casement Window(s), Double Pane Windows, French/Mullioned, Plantation Shutters, Screens, Stained Glass, Tinted WindowsDoor: Double Door Entry, Mirrored Closet Door(s), Panel Doors, Sliding DoorsFlooring: Carpet, See Remarks, Tile, WoodCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: Front DoorsFloors: Carpet, See Remarks, Tile, Wood |
View Has a ViewView: Canyon, Park/Greenbelt, Hills, Meadow, Mountain(s), Neighborhood, Ocean, Orchard, Panoramic, Pasture, Rocks, Valley, Trees/Woods, Water |
Security Security: Prewired, Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s) |
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Exterior Home Features Roof: Flat Spanish TilePatio / Porch: Rear Porch, Covered, Deck, Front Porch, Open, Patio, Porch, Rooftop, See Remarks, Terrace, Tile, Wood, Wrap AroundFencing: Electric, Security, See Remarks, Wrought IronOther Structures: Guest House, Gazebo, Outbuilding, Shed(s), Sauna Private, Storage, Two On A LotExterior: Barbecue, Lighting, Fire Pit, Sport CourtHas a Private Pool |
Parking & Garage Number of Carport Spaces: 3Number of Covered Spaces: 3Open Parking Spaces: 20Has a CarportNo GarageNo Attached GarageParking Spaces: 23Parking: Converted Garage,Concrete,Covered,Carport,Driveway,Private,See Remarks |
Pool Pool: Heated, In Ground, Propane Heat, Private, Solar Heat, See Remarks, WaterfallPool |
Frontage Not on Waterfront |
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Year Built Year Built: 1973 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Craftsman |
Building Not Attached PropertyHas Additional Parcels |
Property Information Condition: Additions/Alterations, Updated/RemodeledNot Included in Sale: Recliner chairsIncluded in Sale: All equipment, appliances & furniture in property to convey/available (including media center TV & amp, solar, custom-size bed in basement, appliances, wine cooler, wine fridge, BBQ's, office desk, etc.)Parcel Number: 1102901600Additional Parcels Description: 1102901800 |
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Price List Price: $1,675,000 |
Status Change & Dates Off Market Date: Wed Nov 01 2023 |
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MLS Status: Closed |
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Direction & Address City: Fallbrook |
School Information High School District: Fallbrook Union |
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Community Features: Mountainous, ValleyNot Senior CommunityUnits in Building: 2 |
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Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs) |
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Lot Area: 16.77 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: PTP2302529Living Area Range Units: Square FeetWater ViewWater View: Ocean, WaterAttribution Contact: eversandiego@gmail.comUniversal Property Id: US-06073-N-1102901600-R-N |
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MountainousValley |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 26, 2023 Source: CRMLS #PTP2302529 | Sold | $1,567,660 |
Nov 2, 2023 Source: CRMLS #PTP2302529 | Pending | $1,675,000 |
Sep 20, 2023 Source: CRMLS #PTP2302529 | PriceChange | $1,675,000 Price decreased by 12% |
Aug 17, 2023 Source: CRMLS #PTP2302529 | PriceChange | $1,895,000 Price decreased by 5% |
Jul 13, 2023 Source: CRMLS #PTP2302529 | PendingToActive | $1,995,000 |
Jul 13, 2023 Source: CRMLS #PTP2302529 | Contingent | $1,995,000 |
Jun 27, 2023 Source: CRMLS #PTP2302529 | PriceChange | $1,995,000 Price decreased by 11% |
May 31, 2023 Source: CRMLS #PTP2302529 | Listed For Sale | $2,250,000 |
Feb 14, 1997 Source: N/A | Sold | $330,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,300,500 |
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 2026-09-23 10:31:33 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 2026-09-23 10:31:33 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 482 Rainbow Crest Rd
- What is 482 Rainbow Crest Rd estimated to be worth?Trulia's estimated value for 482 Rainbow Crest Rd in Fallbrook, CA is $2,066,100.
- What is the price history for 482 Rainbow Crest Rd?482 Rainbow Crest Rd in Fallbrook, CA last sold for $1,567,660 in December 2023.
- 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 482 Rainbow Crest Rd have air conditioning?Yes, 482 Rainbow Crest Rd in Fallbrook, CA has air conditioning.
- Does 482 Rainbow Crest Rd have a pool?Yes, 482 Rainbow Crest Rd in Fallbrook, CA has a pool.