CLOSED: 1078 Rainbow Crest Road, Fallbrook, CA 92028. 2-bedroom 2-bath, 1967 sf, 2002 Fallbrook $1,145,000 begin new search
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Overview

PRICE IMPROVEMENT – Your Fallbrook Retreat Awaits Experience the best of country living and modern design in this stunning single-story home on the eastern edge of Fallbrook. Now offered at an incredible new price, this property brings unmatched value, privacy, and peace surrounded by sweeping views and open skies. Built in 2002 and thoughtfully updated, this 1,967 sq. ft. residence features 2 spacious bedrooms, 2 full baths, and a den that easily converts into a third bedroom or home office. The separate 10x12 detached studio with a mezzanine expands your possibilities—ideal for art, work, or guests. Step outside and you’ll see why this home stands apart. Set on 1.84 acres, the property feels like a private resort with a 2022 saltwater pool, solar heating panels, a 2023 owned solar system with two Tesla Wall Batteries, and a backup generator. Every feature reflects care and intention—from the new flooring and freshly painted exterior to the custom kitchen shade. The grounds are fully fenced, gated, and beautifully landscaped, with a greenhouse, chicken coop, and fruit trees producing everything from oranges and lemons to apricots, dragon fruit, and pomegranates. At 1,584 feet above sea level, sunsets and ocean views stretch endlessly before you. Enjoy dual A/C systems, a Culligan RO water filter, and fire sprinklers for comfort and safety. Located just one exit from Temecula, you’ll have access to wineries, golf, and shopping while being minutes from Fallbrook’s festivals, markets, and art scene. This home is more than a place to live—it’s a lifestyle, now made even more within reach.

Address 1078 Rainbow Crest Road

Fallbrook, CA 92028
Listing Status Closed
Sold Price $1,145,000
Asking Price $1,145,000
Original Listing $1,450,000 @ 2025-04-18
Escrow Date 2025-12-30
Closing Date 2026-02-02
Off-Market Date 2025-09-24T13:25:11Z
Days on MLS
Rooms
Art Studio, Bonus Room, Family Room, Game Room, Kitchen, Laundry, Living Room, Office, Retreat, Utility Room, Workshop
Square Footage 1967 sf
Bedrooms 2
Full Bathrooms 2
Location
Directions Old Hwy 395, Rainbow Glen, Rainbow Valley Blvd, Rice Canyon Rd, Rainbow Heights Rd, Rainbow Crest Rd.
Market Area 92028 - Fallbrook
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
HOA Features Curbs, Mountainous, Rural
Public Records
County San Diego
Assessor Parcel# 1092700700
Zoning AGRICULTURAL
Geographic Areas

Community College District: Palomar CC

Zip Code: 92028

Highway Locator

East of I-15

East of I-5

North of I-8

North of SR-52

North of SR-56

North of SR-78

Ocean Distance 19.7 miles
Exterior
Style Single Family Residence
Material Not Listed
Lot Size ~ 80,150 sf
Fencing Not Listed
Topography Not Listed
Entry Steps 1
Swimming Pool In Ground, Salt Water, Solar Heat
Exclusive Yard 0
Parking
Total Spaces: 2
Garage Spaces: 2
Non-Garage Spaces: 0 -
View Coastline, Hills, Mountain(s), Ocean, Panoramic, Pool
Features
Year Built 2002 (source: Assessor)
Laundry Location Individual Room
Elevator Not Listed
Cooling Central Air, Dual
Heating
Sewer/Septic Conventional Septic
Fireplaces Family Room (1)
Additional Parcels No
Appliances No
Assessments No
Association No
Association Fee 2 0
Attached Garage Yes
Below Grade Finished Area 0
Carport Spaces 0
Common Walls No Common Walls
Cooling Yes
Entry Location 1
Heating No
High School District Fallbrook Union
Land Lease No
Laundry Yes
Levels One
Living Area Source Assessor
Lot Features Agricultural, Back Yard, Front Yard, Garden, Lot Over 40000 Sqft, Sprinkler System, Sprinklers Drip System
Lot Size Source Assessor
Lot Size Units Acres
Main Level Bathrooms 0
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking No
Patio No
Pool Private Yes
Property Attached No
Sprinklers Yes
Tax Model
View Yes
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR North San Diego County
MLS Number NDP2503614
Courtesy of eXp Realty of Southern CA
Listing Agent Patricia Villanueva