721 Rainbow Crest Rd
Fallbrook, CA 92028
- 4 Beds
- 2 Baths
- 1,836 sqft (on 9.10 acres)
4 Beds
2 Baths
1,836 sqft
(on 9.10 acres)
Local Information
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Description
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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from July 01, 2025
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 721 Rainbow Crest Rd
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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 |
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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 |
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Year Built Year Built: 1977 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Wood |
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Price List Price: $690,000 |
Status Change & Dates Off Market Date: Tue Aug 15 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: 1836 Square Feet |
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Association for this Listing: San Diego Association of REALTOR |
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Lot Area: 9.1 Acres |
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Special Conditions: Call Agent, Other/Remarks |
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Listing Terms: Cash |
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Mls Number: 230012896 |
Last check for updates: about 5 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: San Diego Association of REALTOR
Source: SDMLS, MLS#230012896

Price History for 721 Rainbow Crest Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 10/24/2023 | $691,000 | Sold | SDMLS #230012896 |
| 08/16/2023 | $690,000 | Pending | SDMLS #230012896 |
| 07/24/2023 | $690,000 | PendingToActive | SDMLS #230012896 |
| 07/19/2023 | $690,000 | Pending | SDMLS #230012896 |
| 07/06/2023 | $690,000 | Listed For Sale | SDMLS #230012896 |
| 06/28/2001 | $358,000 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,867 |
| Assessment | $704,820 |
Home facts updated by county records
Comparable Sales for 721 Rainbow Crest Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.47 | Single-Family Home | $580,000 | 10/29/25 | 2 | 2 | 1,371 | |
0.47 | Single-Family Home | $1,133,000 | 09/18/25 | 3 | 2 | 2,120 | |
0.49 | Single-Family Home | $1,010,000 | 07/21/25 | 3 | 2 | 2,147 | |
0.46 | Single-Family Home | $975,000 | 04/01/26 | 5 | 3 | 2,528 | |
0.54 | Single-Family Home | $1,145,000 | 02/02/26 | 2 | 2 | 1,967 | |
0.88 | Single-Family Home | $951,000 | 10/22/25 | 4 | 3.5 | 4,027 | |
1.05 | Single-Family Home | $895,000 | 12/08/25 | 4 | 2 | 1,477 | |
0.97 | Single-Family Home | $1,137,000 | 07/14/25 | 3 | 3 | 2,820 | |
1.03 | Single-Family Home | $1,100,000 | 11/05/25 | 4 | 3 | 5,117 | |
1.05 | Single-Family Home | $1,250,000 | 02/06/26 | 3 | 3 | 2,900 |
Assigned Schools
These are the assigned schools for 721 Rainbow Crest Rd.
What Locals Say about Fallbrook
At least 231 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
Learn more about our methodology.
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721 Rainbow Crest Rd, Fallbrook, CA 92028 is a 4 bedroom, 2 bathroom, 1,836 sqft single-family home built in 1977. This property is not currently available for sale. 721 Rainbow Crest Rd was last sold on Oct 24, 2023 for $691,000 (0% higher than the asking price of $690,000). The current Trulia Estimate for 721 Rainbow Crest Rd is $785,300.