5521 Rainbow Heights Rd
Fallbrook, CA 92028
- 1 Bed
- 1 Bath
- 888 sqft (on 1.95 acres)
1 Bed
1 Bath
888 sqft
(on 1.95 acres)
Home Value
Trulia Estimate
$723KSince last month
Decreased$5K (-0.6%)Since last year
Increased$38K (+5.5%)Since last sale
Increased$21K (+3%)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 +142% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $723K |
| July 2026 | $728K |
| June 2026 | $725K |
| May 2026 | $724K |
| April 2026 | $726K |
| March 2026 | $731K |
| February 2026 | $724K |
| January 2026 | $712K |
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 |
|---|---|---|---|---|---|---|---|
0.41 | Single-Family Home | $1,060,000 | 04/24/26 | 3 | 2.5 | 2,400 | |
0.43 | Single-Family Home | $750,000 | 06/12/26 | 4 | 2 | 1,920 | |
0.79 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 | |
0.72 | Single-Family Home | $1,250,000 | 02/06/26 | 3 | 3 | 2,900 | |
1.32 | Single-Family Home | $1,145,000 | 02/02/26 | 2 | 2 | 1,967 | |
0.85 | Single-Family Home | $1,018,000 | 09/12/25 | 3 | 2.5 | 2,165 | |
1.38 | Single-Family Home | $1,100,000 | 12/03/25 | 4 | 3 | 1,792 | |
0.96 | Single-Family Home | $725,000 | 06/29/26 | 4 | 4 | 4,581 | |
1.66 | Single-Family Home | $1,133,000 | 09/18/25 | 3 | 2 | 2,120 |
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 |
|---|---|---|---|---|---|---|
0.03 | $1,116,400 | 3 | 3 | 2,515 | Off Market | |
0.08 | $235,000 | - | - | - | Recently Sold | |
0.10 | $985,700 | 3 | 3.5 | 2,000 | Off Market | |
0.24 | $879,000 | 3 | 2 | 1,506 | For Sale | |
0.29 | $1,029,800 | 4 | 3 | 2,117 | Off Market | |
0.32 | $985,800 | 5 | 3 | 2,130 | Off Market | |
0.37 | $350,000 | - | - | - | Recently Sold | |
0.41 | $1,060,000 | 3 | 2.5 | 2,400 | Recently Sold | |
0.46 | $991,300 | 3 | 2 | 1,568 | Off Market | |
0.43 | $750,000 | 4 | 2 | 1,920 | Recently Sold | |
0.50 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2015
Lot Size
1.95 acres
Living Area
888 sqft
Price/Sqft
$814
Parking
7 Parking Spaces
HOA
None
About this House
PRIVATE oasis on a hilltop with VIEWS 1.95 acres. Bright open-concept living room with large windows. Sleek kitchen with ample counter space. Built in 2015, LED lights throughout, water softener, high ceilings, and all appliances included. Wake up to views from the bedroom and enjoy entertaining guests on the patio deck overlooking Rainbow Valley. Two sheds located on the property. One with a half bath. Other for storage. Enjoy the blood oranges, avocados, and guavas on this one of a kind location. The land has unlimited potential. NO HOA NO MELLO-ROOS.
5521 Rainbow Heights Rd, Fallbrook, CA 92028 is a 1 bedroom, 1 bathroom, 888 sqft single-family home built in 2015. It last sold for the $699,000 asking price on Mar 6, 2024. It is currently off market. The Trulia Estimate is $723,200, with a rent estimate of $2,562/month.
Last check for updates: about 2 hours ago
Listed by Joshua Kim DRE #01989533, (760) 208-3675
eXp Realty of California, Inc.
Bought with: Omar Ortiz DRE #02056548, (805) 249-0131, My Realty Company, Inc.
Originating MLS: SDMLS
Source: SDMLS, MLS#230020222

Home Details for 5521 Rainbow Heights Rd
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Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 888 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Gas StoveDishwasherDisposalLaundry: ElectricMicrowave |
Heating & Cooling Heating: Other/RemarksAir Conditioning: Central Forced AirHeating Fuel: Other Remarks |
Levels, Entrance, & Accessibility Number of Stories: 1Levels: 1 Story |
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Exterior Home Features Roof: FlatFencing: N/K |
Parking & Garage Parking Spaces: 7Parking: None Known |
Pool Pool: N/K |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Installed |
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Year Built Year Built: 2015 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Stucco |
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Price List Price: $699,000 |
Status Change & Dates Off Market Date: Mon Oct 23 2023 |
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MLS Status: SOLD |
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Direction & Address City: FallbrookCommunity: FALLBROOK |
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Building Area Building Area: 888 Square Feet |
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Association for this Listing: SDMLS |
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Lot Area: 1.95 Acres |
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Listing Terms: Cash, Conventional, FHA, VA |
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Mls Number: 230020222 |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 6, 2024 Source: SDMLS #230020222 | Sold | $702,000 |
Oct 24, 2023 Source: SDMLS #230020222 | Pending | $699,000 |
Oct 13, 2023 Source: SDMLS #230020222 | Listed For Sale | $699,000 |
Mar 6, 2023 Source: N/A | Sold | $665,000 |
Feb 5, 2023 Source: CRMLS #NDP2300688 | Pending | $649,000 |
Jan 29, 2023 Source: CRMLS #NDP2300688 | Listed For Sale | $649,000 |
Oct 19, 2021 Source: N/A | Sold | $555,000 |
Oct 16, 2018 Source: N/A | Sold | $435,000 |
Sep 6, 2018 Source: Agent Provided | PriceChange | $475,000 Price decreased by 4% |
Aug 22, 2018 Source: Agent Provided | Listed For Sale | $495,000 |
Apr 18, 2014 Source: N/A | Sold | $150,000 |
Apr 29, 2003 Source: N/A | Sold | $90,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $730,360 |
Home facts updated by county records
Market trends in Fallbrook
Last updated July 2026
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.
LGBTQ Local Legal Protections
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
Frequently asked questions about 5521 Rainbow Heights Rd
- What is 5521 Rainbow Heights Rd estimated to be worth?Trulia's estimated value for 5521 Rainbow Heights Rd in Fallbrook, CA is $723,200.
- What is the price history for 5521 Rainbow Heights Rd?5521 Rainbow Heights Rd in Fallbrook, CA last sold for $702,000 in March 2024.
- 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.
- Does 5521 Rainbow Heights Rd have a pool?Yes, 5521 Rainbow Heights Rd in Fallbrook, CA has a pool.
- Does 5521 Rainbow Heights Rd have laundry facilities?Yes, 5521 Rainbow Heights Rd in Fallbrook, CA has laundry facilities.

