5534 Rainbow Heights Rd, Fallbrook, CA 92028
OFF MARKET
Listed by Rebecca Monge, Professional Realty Services, (760) 603-8377 . Bought with Realty ONE Group Pacific

5534 Rainbow Heights Rd
Fallbrook, CA 92028

  • 3 Beds
  • 3 Baths
  • 2,515 sqft (on 2.58 acres)

$1,116,400

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $6,802/mo*
Refinance Your Home

$1,116,400

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $6,802/mo*
Refinance Your Home
3 Beds
3 Baths
2,515 sqft
(on 2.58 acres)

Home Value

Trulia Estimate
$1.12M
Since last month
Decreased$5K (-0.4%)
Since last year
Increased$72K (+6.9%)
Since last sale
Increased$51K (+4.8%)
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 +153% in the last 10 years
MonthEstimated value
2026
August 2026$1.12M
July 2026$1.12M
June 2026$1.13M
May 2026$1.12M
April 2026$1.1M
March 2026$1.08M
February 2026$1.05M
January 2026$1.06M
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
6490 Rainbow Heights Rd, Fallbrook, CA
0.74
Single-Family Home
$1,250,000
02/06/26
3
3
2,900
979 Canyon Heights Rd, Fallbrook, CA
0.85
Single-Family Home
$1,018,000
09/12/25
3
2.5
2,165
2005-07 Camino Rainbow, Fallbrook, CA
0.41
Single-Family Home
$750,000
06/12/26
4
2
1,920
6472 Rainbow Heights Rd, Fallbrook, CA
0.81
Single-Family Home
$895,000
12/08/25
4
2
1,477
2362 Huffstatler St, Fallbrook, CA
0.93
Single-Family Home
$725,000
06/29/26
4
4
4,581
1029 Rainbow Valley Ct, Fallbrook, CA
1.38
Single-Family Home
$1,100,000
12/03/25
4
3
1,792
6455 Rainbow Heights Rd, Fallbrook, CA
1.14
Single-Family Home
$951,000
10/22/25
4
3.5
4,027
1078 Rainbow Crest Rd, Fallbrook, CA
1.35
Single-Family Home
$1,145,000
02/02/26
2
2
1,967

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
5532 Rainbow Heights Rd, Fallbrook, CA 92028
0.07
$979,900
3
3.5
2,000
Off Market
5521 Rainbow Heights Rd, Fallbrook, CA 92028
0.03
$723,200
1
1
888
Off Market
5540 Rainbow Heights Rd, Fallbrook, CA 92028
0.07
$235,000
-
-
-
Recently Sold
5450 Rainbow Heights Rd, Fallbrook, CA 92028
0.27
$1,029,800
4
3
2,117
Off Market
2039 Rice Canyon Rd #41, Fallbrook, CA 92028
0.30
$981,400
5
3
2,130
Off Market
2005-07 Camino Rainbow, Fallbrook, CA 92028
0.41
$750,000
4
2
1,920
Recently Sold
Via Ladera, Fallbrook, CA 92028
0.39
$350,000
-
-
-
Recently Sold
2205 Rainbow Valley Blvd, Fallbrook, CA 92028
0.47
-
-
-
-
Off Market
1810 Via Ladera, Fallbrook, CA 92028
0.43
$1,060,000
3
2.5
2,400
Recently Sold
5347 5th St, Fallbrook, CA 92028
0.52
$1,034,100
3
2
2,041
Off Market
1832 Camino Rainbow, Fallbrook, CA 92028
0.52
$1,045,000
3
2.5
2,820
For Sale

Local Information

  • Map ViewExplore the area around 5534 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
1978
Lot Size
2.58 acres
Living Area
2,515 sqft
Price/Sqft
$444
Parking
Garage
HOA
None

About this House

Welcome to your dream home, a paradise that feels like a perpetual vacation! This enchanting compound is connected by charming pathways, bridges, and breezeways, all nestled amidst quaint gardens and romantic seating areas with lush, mature landscaping and pontoon lighting. Enjoy outstanding, unobstructed forever views that showcase stunning sunsets and even a glimpse of the ocean on a clear day. Experience tranquility and privacy, while being a mere 5-minutes from the 1-15 Freeway, and approximately 15-minutes to Old Town Temecula or Downtown Fallbrook. The 2-bedroom, 2-bathroom main house exudes rustic charm with beamed ceilings, wood flooring, and a brick wood-burning fireplace. Updated throughout with fresh paint, newly installed 4-inch baseboards, solid wood interior doors, and sliding barn doors. The roomy eat-in kitchen boasts vaulted ceilings, custom cabinetry, an oversized Cherry woodblock island, quartz countertops, and stainless-steel appliances. Six skylights throughout make the home bright and airy with views from nearly every window. Step out the Dutch door to a covered path leading to a separate office or studio, and just steps away is an updated laundry room. A beautiful fenced and hedged terraced garden with rock walls, tile inlays, raised garden beds, and a chicken coop separates the main house from a detached 815 SF, 1-bedroom, 1-bathroom casita with a full-sized kitchen and bathroom. Above the casita is a 250 SF bonus room offering endless possibilities for a man cave, game room, and more. Two garage spaces and a large storage room or workshop provide ample space for parking and equipment. Enjoy the breathtaking views from multiple vantage points throughout the property, including the multi-level Trex deck, courtyard, gazebo, and two expansive decks off the main house. Numerous updates include a newer roof, new electric panel, tankless water heaters, updated deck railing, and more! This life-sized magical woodland is situated on a private road atop 2.56 acres with fruit trees including macadamia nut, apple, plum, lime, lemon, orange, apricot, kumquat, avocado, pomegranate, and blackberries.
5534 Rainbow Heights Rd, Fallbrook, CA 92028 is a 3 bedroom, 3 bathroom, 2,515 sqft single-family home built in 1978. It last sold for $1,065,000 on Aug 30, 2024 (2% below the $1,089,000 asking price). It is currently off market. The Trulia Estimate is $1,116,400, with a rent estimate of $4,751/month.

Home Details for 5534 Rainbow Heights Rd

Interior Features

Interior Details
Number of Rooms: 10Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bonus Room, Kitchen, Laundry, Living Room, Office
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 2
Dimensions and Layout
Living Area: 2515 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Gas Cooktop, Refrigerator, Tankless Water HeaterDishwasherLaundry: Laundry Room,See RemarksRefrigerator
Heating & Cooling
Has CoolingAir Conditioning: Central AirNo Heating
Fireplace & Spa
Fireplace: Living Room, Wood BurningHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Common Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: Front Door
View
Has a ViewView: Hills, Ocean, Panoramic, Valley

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not Attached Property
Property Information
Parcel Number: 1026306700

Price & Status

Price
List Price: $1,089,000
Status Change & Dates
Off Market Date: Wed Jul 31 2024

Active Status

MLS Status: Closed

Location

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

Community

Community Features: Foothills, Hiking, RuralNot Senior CommunityUnits in Building: 1

HOA

Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Lot Information

Lot Area: 2.58 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional, FHA, Submit, VA Loan

Miscellaneous

Mls Number: NDP2405860Living Area Range Units: Square FeetWater ViewWater View: OceanUniversal Property Id: US-06073-N-1026306700-R-N

Additional Information

FoothillsHikingRural

Price and Tax history

DateEventPrice
Aug 30, 2024
Source: CRMLS #NDP2405860
Sold
$1,065,000
Aug 1, 2024
Source: CRMLS #NDP2405860
Contingent
$1,089,000
Jul 3, 2024
Source: CRMLS #NDP2405860
Listed For Sale
$1,089,000
Jul 12, 2021
Source: N/A
Sold
$850,000
Apr 20, 2015
Source: N/A
Sold
$405,000

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

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 2026-08-18 11:30:41 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 5534 Rainbow Heights Rd

  • What is 5534 Rainbow Heights Rd estimated to be worth?
    Trulia's estimated value for 5534 Rainbow Heights Rd in Fallbrook, CA is $1,116,400.
  • What is the price history for 5534 Rainbow Heights Rd?
    5534 Rainbow Heights Rd in Fallbrook, CA last sold for $1,065,000 in August 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 5534 Rainbow Heights Rd have air conditioning?
    Yes, 5534 Rainbow Heights Rd in Fallbrook, CA has air conditioning.
  • Does 5534 Rainbow Heights Rd have laundry facilities?
    Yes, 5534 Rainbow Heights Rd in Fallbrook, CA has laundry facilities.

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