$275,000
Last sold price
7119 Rainbow Heights Rd #23, Fallbrook, CA 92028
Currently Off Market - Sold Oct 16, 2023 for $275,000
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
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 |
|---|---|---|---|---|---|---|---|
0.93 | Lot/Land | $250,000 | 07/28/26 | - | - | ||
0.95 | Lot/Land | $160,000 | 02/24/26 | - | - | ||
1.66 | Lot/Land | $350,000 | 07/21/26 | - | - | ||
2.15 | Lot/Land | $185,000 | 11/17/25 | - | - | ||
1.89 | Lot/Land | $235,000 | 03/17/26 | - | - | ||
2.23 | Lot/Land | $415,000 | 01/29/26 | - | - | ||
2.41 | Lot/Land | $215,000 | 03/06/26 | - | - | ||
2.61 | Lot/Land | $350,000 | 05/29/26 | - | - | ||
2.63 | Lot/Land | $349,000 | 11/21/25 | - | - |
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 |
|---|---|---|---|---|---|---|
0.25 | $3,500,000 | 6 | 4.5 | 5,891 | Recently Sold | |
0.27 | - | - | - | - | Off Market | |
0.51 | $399,900 | - | - | - | For Sale | |
0.80 | - | - | - | - | Off Market | |
0.88 | $355,000 | - | - | - | For Sale | |
0.93 | $250,000 | - | - | - | Recently Sold | |
0.91 | $1,393,400 | 4 | 5 | 3,200 | Off Market | |
0.95 | $160,000 | - | - | - | Recently Sold | |
1.18 | $339,990 | - | - | - | For Sale | |
1.17 | $300,000 | - | - | - | For Sale | |
1.28 | $788,500 | 3 | 2 | 1,680 | Off Market |
Local Information
-- mins to
Home Highlights
Lot/Land
18.89 acre lot
About this House
18.89 acres for agriculture/residential land. Remote, private, has 3/4" water meter service to property. Former lessee abandoned 18,000 sf of light dep specialty Greenhouses and County recorded Notice of Violation for grading without a permit.
7119 Rainbow Heights Rd #23, Fallbrook, CA 92028 is a lot/land. It last sold for $275,000 on Oct 16, 2023 (30% below the $395,000 asking price). This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 24 hours ago
Listed by Andrew English DRE #01722356, (888) 881-4118
Congress Realty, Inc
Bought with: MLS Non Member, Non Member MLS
Originating MLS: SDMLS
Source: SDMLS, MLS#220005727

Home Details for 7119 Rainbow Heights Rd #23
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Appliances & Utilities Utilities: Other/Remarks |
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Exterior Home Features Fencing: Full |
Frontage Frontage Type: Open SpaceNot on Waterfront |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Usage of Home: Agriculture, Residential |
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Price List Price: $395,000 |
Status Change & Dates Off Market Date: Tue Jul 25 2023Possession Timing: Close of Escrow |
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MLS Status: SOLD |
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Direction & Address City: FallbrookCommunity: FALLBROOK |
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Association for this Listing: SDMLS |
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Lot Area: 18.89 Acres |
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Special Conditions: Call Agent |
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Listing Terms: Land Contract, Seller May Carry |
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Mls Number: 220005727 |
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Source Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 16, 2023 Source: SDMLS #220005727 | Sold | $275,000 |
Jul 25, 2023 Source: SDMLS #220005727 | Pending | $395,000 |
May 18, 2023 Source: SDMLS #220005727 | PriceChange | $395,000 Price decreased by 8% |
Mar 13, 2023 Source: SDMLS #220005727 | PriceChange | $430,000 Price decreased by 2% |
Dec 1, 2022 Source: SDMLS #220005727 | PriceChange | $440,000 Price decreased by 2% |
Aug 1, 2022 Source: SDMLS #220005727 | PriceChange | $450,000 Price decreased by 8% |
May 11, 2022 Source: SDMLS #220005727 | PriceChange | $490,000 Price decreased by 1% |
Mar 13, 2022 Source: SDMLS #220005727 | Listed For Sale | $495,000 |
Jan 1, 2015 Source: Agent Provided | ListingRemoved | $500,000 |
Jul 1, 2014 Source: Agent Provided | Listed For Sale | $500,000 |
Market trends in Fallbrook
Last updated August 2026
Avg. sale price
$840K
$45KMoM
Sale-to-List Price
100.0%
0.4%MoM
Price per sq ft
$426
$2MoM
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

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 ยฉ 2026 San Diego MLS.
Frequently asked questions about 7119 Rainbow Heights Rd #23
- What is the price history for 7119 Rainbow Heights Rd #23?7119 Rainbow Heights Rd #23 in Fallbrook, CA last sold for $275,000 in October 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 $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.

