721 Rainbow Crest Rd, Fallbrook, CA 92028
OFF MARKET

$764,900

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,836 sqft (on 9.10 acres)

721 Rainbow Crest Rd, Fallbrook, CA 92028

Est. Refi. Payment $5,033/mo*
Refinance Your Home
Currently Off Market - Sold Oct 24, 2023 for $691,000

Home Value

Trulia Estimate
$765K
Since last month
Decreased$5K (-0.6%)
Since last year
Increased$7K (+0.9%)
Since last sale
Increased$71K (+10.3%)
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 +72% in the last 10 years
MonthEstimated value
2026
October 2026$762K
September 2026$770K
August 2026$767K
July 2026$783K
June 2026$782K
May 2026$783K
April 2026$792K
March 2026$792K
February 2026$783K
January 2026$749K
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
10071 Gomez Creek Rd, Fallbrook, CA
0.47
Single-Family Home
$580,000
10/29/25
2
2
1,371
10526 Rainbrook Dr, Fallbrook, CA
0.46
Single-Family Home
$975,000
04/01/26
5
3
2,528
6051 Rainbow Heights Rd, Fallbrook, CA
0.65
Single-Family Home
$745,000
09/21/26
2
1.5
1,260
1078 Rainbow Crest Rd, Fallbrook, CA
0.54
Single-Family Home
$1,145,000
02/02/26
2
2
1,967
6455 Rainbow Heights Rd, Fallbrook, CA
0.88
Single-Family Home
$951,000
10/22/25
4
3.5
4,027
6472 Rainbow Heights Rd, Fallbrook, CA
1.05
Single-Family Home
$895,000
12/08/25
4
2
1,477
1047 Rice Canyon Rd, Fallbrook, CA
1.03
Single-Family Home
$1,100,000
11/05/25
4
3
5,117
6490 Rainbow Heights Rd, Fallbrook, CA
1.05
Single-Family Home
$1,250,000
02/06/26
3
3
2,900
1810 Via Ladera, Fallbrook, CA
1.32
Single-Family Home
$1,060,000
04/24/26
3
2.5
2,400
1991 Via Ladera, Fallbrook, CA
1.58
Single-Family Home
$1,200,000
08/28/26
3
3
2,498

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
717 Rainbow Crest Rd, Fallbrook, CA 92028
0.10
$610,100
2
1
648
Off Market
727 Rainbow Crest Rd, Fallbrook, CA 92028
0.10
$824,700
2
3
2,148
Off Market
Rainbow crest Rd, Fallbrook, CA 92028
0.10
-
-
-
-
Off Market
709 Rainbow Crest Rd, Fallbrook, CA 92028
0.16
$1,007,400
3
3
2,057
Off Market
685 Rainbow Crest Rd, Fallbrook, CA 92028
0.16
$476,600
Studio
-
1,608
Off Market
687 Rainbow Crest Rd, Fallbrook, CA 92028
0.20
$732,000
3
2
1,152
Off Market
11 Rainbow Crest Rd, Fallbrook, CA 92028
0.21
-
-
-
-
Off Market
9872 Gomez Creek Rd, Fallbrook, CA 92028
0.23
-
-
-
-
Off Market
9932 Gomez Creek Rd, Fallbrook, CA 92028
0.23
-
-
-
-
Off Market
735 Rainbow Crest Rd, Fallbrook, CA 92028
0.24
$673,200
2
2
1,008
Off Market
889 Rainbow Crest Rd, Fallbrook, CA 92028
0.25
$846,900
2
2
1,110
Off Market
945 Rainbow Crest Rd, Fallbrook, CA 92028
0.25
$651,000
2
2
1,300
Off Market
712 Rainbow Crest Rd, Fallbrook, CA 92028
0.27
$1,122,300
3
3
2,980
Off Market
718 Rainbow Crest Dr, Fallbrook, CA 92028
0.28
-
-
-
-
Off Market
718 Rainbow Crest Dr, Fallbrook, CA 92028
0.28
$780,200
Studio
-
-
Off Market
9920 Gomez Creek Rd, Fallbrook, CA 92028
0.28
$571,700
3
2
1,440
Off Market
907 Rainbow Crest Rd, Fallbrook, CA 92028
0.28
$942,800
2
2
2,440
Off Market
724 Rainbow Crest Rd, Fallbrook, CA 92028
0.29
$866,200
5
3
2,066
Off Market
9935 Gomez Creek Rd, Fallbrook, CA 92028
0.30
-
-
-
-
Off Market
889 Rainbow Crest Rd, Fallbrook, CA 92028
0.31
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 721 Rainbow Crest Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1977
9.1 acre lot
1,836 sqft
$417/sqft
Garage

About this House

What's unique:Beautiful forestGreat family getawayClose to townOversized family roomMaster bedroom
Come home to this amazing hilltop private paradise, nestled amoung the beautiful forest surrounded by nature on it’s own 9.1 acres. This is the perfect home for privacy, yet still close to town, shops, the freeway and so much nature. When it's time to unwind in your amazingly bright and airy open floor plan new home, you'll feel right at home relaxing in the oversized family room next to the fireplace staring out over the picturesque valley and mountains. The master bedroom has it’s own access to the patio and backyard with an attached master bath. The huge, enclosed patio is a year round bonus great for the hot summers and the cool winters with endless amazing mountain views. Step outside and you’re surrounded by the tranquil and surreal natural setting, perfect for family, kids or pets in your huge back yard and 9.1 acres. With over 9.1 acres this yard has so much potential to create your own private paradise by redesigning the detached unit into a great family getaway, Vacation rental or guest quarters. All your guests will the privacy and nature setting of this cute little ADU. This home is a must see and just needs a little TLC with so much more potential inside and out. Lastly, for the nature lovers there tons of walking and hiking trails right out the backdoor. Make this property your very own private nature resort oasis. This home is perfect for families downsizing or upsizing. This beautiful home in an amazing area won’t last! Get it before it’s gone!
721 Rainbow Crest Rd, Fallbrook, CA 92028 is a 4 bedroom, 2 bathroom, 1,836 sqft single-family home built in 1977. It last sold for the $690,000 asking price on Oct 24, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $764,900, with a rent estimate of $4,135/month.
Last check for updates: about 9 hours ago
Listed by Shane Dailey DRE #01484412, (323) 821-8323
Cal Mutual Inc.
Bought with: Alexandrine Lyons DRE #02176773, (619) 733-0371, eXp Realty of California, Inc.
Originating MLS: SDMLS
Source: SDMLS, MLS#230012896

Home Details for 721 Rainbow Crest Rd

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1836 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Built In Range, Built-InDishwasherLaundry: Electric,Other/Remarks
Heating & Cooling
Heating: Fireplace,Forced Air UnitAir Conditioning: Central Forced AirHeating Fuel: Fireplace
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: 1 Story

Exterior Features

Exterior Home Features
Roof: ShingleFencing: Gate, Partial, N/K, Other/Remarks, Chain Link
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 8Parking: Attached
Pool
Pool: N/K
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Installed

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood

Price & Status

Price
List Price: $690,000
Status Change & Dates
Off Market Date: Tue Aug 15 2023

Active Status

MLS Status: SOLD

Media

Location

Direction & Address
City: FallbrookCommunity: FALLBROOK

Building

Building Area
Building Area: 1836 Square Feet

HOA

Association for this Listing: SDMLS

Lot Information

Lot Area: 9.1 Acres

Listing Info

Special Conditions: Call Agent, Other/Remarks

Offer

Listing Terms: Cash

Miscellaneous

Mls Number: 230012896

Additional Information

Source Internet Entire Listing Display

Price and Tax history

DateEventPrice
Oct 24, 2023
Source: SDMLS #230012896
Sold
$691,000
Aug 16, 2023
Source: SDMLS #230012896
Pending
$690,000
Jul 24, 2023
Source: SDMLS #230012896
PendingToActive
$690,000
Jul 19, 2023
Source: SDMLS #230012896
Pending
$690,000
Jul 6, 2023
Source: SDMLS #230012896
Listed For Sale
$690,000

Market trends in Fallbrook

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$865K
$24.58KMoM
Sale-to-List Price
100.0%
Price per sq ft
$432
$6MoM
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.
  • 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

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 721 Rainbow Crest Rd

  • What is 721 Rainbow Crest Rd estimated to be worth?
    Trulia's estimated value for 721 Rainbow Crest Rd in Fallbrook, CA is $764,900.
  • What is the price history for 721 Rainbow Crest Rd?
    721 Rainbow Crest Rd in Fallbrook, CA last sold for $691,000 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 $865K. That is up $24.58K from the prior month.
  • Does 721 Rainbow Crest Rd have a pool?
    Yes, 721 Rainbow Crest Rd in Fallbrook, CA has a pool.
  • Does 721 Rainbow Crest Rd have laundry facilities?
    Yes, 721 Rainbow Crest Rd in Fallbrook, CA has laundry facilities.

Explore by feature - Pet Friendly

33 pet-friendly rentals in Fallbrook, CA

Explore by feature - Garage

26 rentals with a garage in Fallbrook, CA

Explore by feature - Air Conditioning

56 rentals with air conditioning in Fallbrook, CA

Explore by feature - Pool

26 rentals with a pool in Fallbrook, CA

Explore by feature - Washer/dryer

58 rentals with a washer/dryer in Fallbrook, CA

Explore by feature - Outdoor Space

23 rentals with an outdoor space in Fallbrook, CA

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 721 Rainbow Crest Rd

Skip to last item
Skip to first item

Homes for sale near 721 Rainbow Crest Rd

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item