5714 Rainbow Heights Rd
Fallbrook, CA 92028
- 3 Beds
- 4.5 Baths
- 5,247 sqft (on 20.43 acres)
3 Beds
4.5 Baths
5,247 sqft
(on 20.43 acres)
Home Value
Trulia Estimate
$1.83MSince last month
Decreased$23K (-1.2%)Since last year
Decreased$4K (-0.2%)Since last sale
Increased$847K (+86.8%)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 +68% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.82M |
| July 2026 | $1.84M |
| June 2026 | $1.86M |
| May 2026 | $1.86M |
| April 2026 | $1.87M |
| March 2026 | $1.87M |
| February 2026 | $1.81M |
| January 2026 | $1.72M |
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 |
|---|---|---|---|---|---|---|---|
0.28 | Single-Family Home | $1,060,000 | 04/24/26 | 3 | 2.5 | 2,400 | |
0.57 | Single-Family Home | $1,250,000 | 02/06/26 | 3 | 3 | 2,900 | |
0.95 | Single-Family Home | $951,000 | 10/22/25 | 4 | 3.5 | 4,027 | |
1.19 | Single-Family Home | $1,100,000 | 11/05/25 | 4 | 3 | 5,117 | |
1.11 | Single-Family Home | $725,000 | 06/29/26 | 4 | 4 | 4,581 | |
1.05 | Single-Family Home | $1,018,000 | 09/12/25 | 3 | 2.5 | 2,165 | |
0.63 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 | |
0.62 | Single-Family Home | $750,000 | 06/12/26 | 4 | 2 | 1,920 | |
0.75 | Single-Family Home | $775,000 | 11/26/25 | 2 | 1 | 1,026 | |
1.28 | 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 |
|---|---|---|---|---|---|---|
0.16 | $235,000 | - | - | - | Recently Sold | |
0.21 | $723,200 | 1 | 1 | 888 | Off Market | |
0.21 | $1,115,400 | 3 | 3 | 2,515 | Off Market | |
0.19 | $350,000 | - | - | - | Recently Sold | |
0.24 | $980,200 | 3 | 3.5 | 2,000 | Off Market | |
0.28 | $1,060,000 | 3 | 2.5 | 2,400 | Recently Sold | |
0.30 | $879,000 | 3 | 2 | 1,506 | For Sale | |
0.45 | $1,250,000 | 4 | 2 | 3,168 | For Sale | |
0.43 | $987,800 | 3 | 2 | 1,568 | Off Market | |
0.48 | $1,023,900 | 4 | 3 | 2,117 | Off Market | |
0.50 | $990,300 | 5 | 3 | 2,130 | Off Market | |
0.49 | $788,500 | 3 | 2 | 1,680 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2002
Lot Size
20.43 acres
Living Area
5,247 sqft
Price/Sqft
$348
Parking
Garage
About this House
This Property is a one of a kind custom built home with 20 plus acres of a private and secluded breath taking 180 degree panoramic view. This "Jewel In The Sky" is located in a quaint area of Fallbrook known as "Rainbow" with a population of less than 2000 residents. It is a ten minute drive to Temecula, a few minutes to several local wineries and gaming casinos, and 50 minutes to San Diego Airport. This unique 5,600 square foot home was built in 2002 and offers a multitude of unique features which include three full, one 3/4 and two half bathrooms, five fireplaces, a library, a game room, a theater/media room, two laundry rooms, an elevator, and a detached garage/workshop with 20 foot ceilings and a large mezzanine storage area. The landscape and views are spectacular (Far horizon is ocean view especially winter time.)
5714 Rainbow Heights Rd, Fallbrook, CA 92028 is a 3 bedroom, 5 bathroom, 5,247 sqft single-family home built in 2002. It last sold for $975,000 on Jan 15, 2015. It is currently off market. The Trulia Estimate is $1,826,800, with a rent estimate of $7,348/month.
Home Details for 5714 Rainbow Heights Rd
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Heating & Cooling Heating: Forced Air, Propane ButaneAir ConditioningCooling System: Refrigerator, CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2ElevatorFloors: Tile, Other, HardwoodGated Entry |
Interior Details Additional StorageNumber of Rooms: 9Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Library, Master Bath, Mud Room, Office, Pantry, Recreation RoomStorageCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa FireplaceJetted Bath Tub |
Security Security System |
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Exterior Home Features Roof: Other, TileExterior: Stone, StuccoLawnPatioSprinkler System |
Parking & Garage GarageParking Spaces: 10Parking: Carport, Garage Detached, Off Street |
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Year Built Year Built: 2002Year Updated: 2002 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 20.43 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 15, 2015 Source: N/A | Sold | $975,000 |
Dec 18, 2014 Source: Agent Provided | Pending | $1,000,000 |
Oct 15, 2014 Source: Agent Provided | PriceChange | $1,000,000 Price decreased by 17% |
Jul 14, 2014 Source: Agent Provided | PriceChange | $1,200,000 Price decreased by 20% |
Apr 15, 2014 Source: Agent Provided | PriceChange | $1,497,000 Price increased by 3% |
Feb 16, 2014 Source: Agent Provided | PriceChange | $1,450,000 Price decreased by 3% |
Feb 2, 2014 Source: Agent Provided | Listed For Sale | $1,500,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $1,195,231 |
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
LGBTQ Local Legal Protections
Frequently asked questions about 5714 Rainbow Heights Rd
- What is 5714 Rainbow Heights Rd estimated to be worth?Trulia's estimated value for 5714 Rainbow Heights Rd in Fallbrook, CA is $1,826,800.
- What is the price history for 5714 Rainbow Heights Rd?5714 Rainbow Heights Rd in Fallbrook, CA last sold for $975,000 in January 2015.
- 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 5714 Rainbow Heights Rd have air conditioning?Yes, 5714 Rainbow Heights Rd in Fallbrook, CA has air conditioning.
- Does 5714 Rainbow Heights Rd have laundry facilities?Yes, 5714 Rainbow Heights Rd in Fallbrook, CA has in-unit laundry.