5490 Rainbow Heights Rd, Fallbrook, CA 92028
OFF MARKET

5490 Rainbow Heights Rd
Fallbrook, CA 92028

  • 5 Beds
  • 5 Baths
  • 2,589 sqft (on 5.35 acres)

$1,292,700

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $7,933/mo*
Refinance Your Home

$1,292,700

Trulia Estimate
as of Aug 22, 2026
Est. Refi. Payment $7,933/mo*
Refinance Your Home
5 Beds
5 Baths
2,589 sqft
(on 5.35 acres)

Home Value

Trulia Estimate
$1.29M
Since last month
Increased$89K (+7.4%)
Since last year
Increased$95K (+8%)
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 +146% in the last 10 years
MonthEstimated value
2026
August 2026$1.29M
July 2026$1.2M
June 2026$1.32M
May 2026$1.33M
April 2026$1.3M
March 2026$1.28M
February 2026$1.23M
January 2026$1.13M
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
2362 Huffstatler St, Fallbrook, CA
0.76
Single-Family Home
$725,000
06/29/26
4
4
4,581
1810 Via Ladera, Fallbrook, CA
0.61
Single-Family Home
$1,060,000
04/24/26
3
2.5
2,400
2005-07 Camino Rainbow, Fallbrook, CA
0.28
Single-Family Home
$750,000
06/12/26
4
2
1,920
979 Canyon Heights Rd, Fallbrook, CA
0.81
Single-Family Home
$1,018,000
09/12/25
3
2.5
2,165
6490 Rainbow Heights Rd, Fallbrook, CA
0.91
Single-Family Home
$1,250,000
02/06/26
3
3
2,900
6455 Rainbow Heights Rd, Fallbrook, CA
1.31
Single-Family Home
$951,000
10/22/25
4
3.5
4,027
6472 Rainbow Heights Rd, Fallbrook, CA
0.98
Single-Family Home
$895,000
12/08/25
4
2
1,477
1630 Rice Canyon Rd, Fallbrook, CA
0.65
Single-Family Home
$775,000
11/26/25
2
1
1,026
1029 Rainbow Valley Ct, Fallbrook, CA
1.30
Single-Family Home
$1,100,000
12/03/25
4
3
1,792
1047 Rice Canyon Rd, Fallbrook, CA
1.32
Single-Family Home
$1,100,000
11/05/25
4
3
5,117

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
2039 Rice Canyon Rd #41, Fallbrook, CA 92028
0.15
$985,800
5
3
2,130
Off Market
5450 Rainbow Heights Rd, Fallbrook, CA 92028
0.15
$1,029,800
4
3
2,117
Off Market
5532 Rainbow Heights Rd, Fallbrook, CA 92028
0.13
$985,700
3
3.5
2,000
Off Market
5534 Rainbow Heights Rd, Fallbrook, CA 92028
0.18
$1,116,400
3
3
2,515
Off Market
5540 Rainbow Heights Rd, Fallbrook, CA 92028
0.20
$235,000
-
-
-
Recently Sold
5521 Rainbow Heights Rd, Fallbrook, CA 92028
0.21
$723,200
1
1
888
Off Market
2205 Rainbow Valley Blvd, Fallbrook, CA 92028
0.29
-
-
-
-
Off Market
2005-07 Camino Rainbow, Fallbrook, CA 92028
0.28
$750,000
4
2
1,920
Recently Sold
2233 Rainbow Valley Blvd #0, Fallbrook, CA 92028
0.39
$230,000
-
-
-
Recently Sold
1832 Camino Rainbow, Fallbrook, CA 92028
0.47
$1,045,000
3
2.5
2,820
For Sale
5741 Rainbow Heights Rd, Fallbrook, CA 92028
0.44
$879,000
3
2
1,506
For Sale
Huffstatler St, Fallbrook, CA 92028
0.57
$175,000
-
-
-
Recently Sold

Local Information

  • Map ViewExplore the area around 5490 Rainbow Heights Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1942
Lot Size
5.35 acres
Living Area
2,589 sqft
Price/Sqft
$499

About this House

Custom Built house in a 5.35 Acre parcel, lots of land for your plans, you could easily leave it just like it is, or can add plants and trees of your choice, it is ideal for nursery, plants grow in this part of town very well. The house has been updated through the years with permits, adding living space area plus more bedrooms and baths, and square footage. Homes in these area are unique all having their own characteristics and charm, including this one. Ranch have its own water meter, and Electricity, On Septic System. Fully Fenced.Very close To I-15 and near major Towns.Call for appointment to Pre-View
5490 Rainbow Heights Rd, Fallbrook, CA 92028 is a 5 bedroom, 5 bathroom, 2,589 sqft single-family home built in 1942. It is currently off market. The Trulia Estimate is $1,292,700, with a rent estimate of $5,512/month.

Home Details for 5490 Rainbow Heights Rd

Property Information

Year Built
Year Built: 1942
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 5.35 acres

Price and Tax history

DateEventPrice
Jan 4, 2017
Source: Agent Provided
ListingRemoved
$535,000
Nov 27, 2016
Source: Agent Provided
Listed For Sale
$535,000

Market trends in Fallbrook

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$840K
$45KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$426
$2MoM
Available listings
244
7MoM

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.
  • 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 5490 Rainbow Heights Rd

  • What is 5490 Rainbow Heights Rd estimated to be worth?
    Trulia's estimated value for 5490 Rainbow Heights Rd in Fallbrook, CA is $1,292,700.
  • 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 $840K. That is down $45K 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.
  • How big is the lot at 5490 Rainbow Heights Rd?
    The lot at 5490 Rainbow Heights Rd in Fallbrook, CA is about 5.4 acres.

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