$857,000
●
House -
Off Market
1047 Rice Canyon Road
Fallbrook, CA 92028
5 Beds
3 Baths
5,117 Ft²
$2,086,493
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model
About This Property
Come and view Catalina from your own fantastic custom home. Lots of
French windows, 4 have window seats. All have great views. Island
in gourmet kitchen with oversized bar. 2 extra large sub-zero
Fridges. Kitchen & formal dining room have enclosed sun rooms
connected and much more. Family room is an entertainers dream, full
bar with sink and fridge. The pool table stays. Fireplace takes up
half the wall, with TV area built in.Master bedroom has retreat,
fireplace & French doors open (see supp for more) The master
Bedroom has French doors that open to balcony with panoramic views.
2 large walk-in closets, fabulous Master bath with spa tub fits
two, a steam room shower big enough for a party. Every room
oversized. one bedroom & bath downstairs. Central Vacuum & built-in
safe. Self contained rental/guesthouse.Extra garage.Nearly 12 acres
with various fruit and assorted citrus, avocados, guavas. Elevation
950-1400 feet. 1 mile off road for hiking through grove, plus RV
parking complete your paradise with your own electric gate. Complex
Features: ,, Equipment: Dryer,Garage Door Opener, Range/Oven,
Vacuum/Central Other Fees: 0 Sewer: Septic Installed
Topography: RSLP Guest House Est. SQFT: 500
Unit Size
5,117 Ft²
Days on Market
-
Land Size
11.78 acres
Price per sqft
$189
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #120007325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 8, 2025 | Listed by Pam Moss, Broker | $995,000 | |
| Listed by Pam Moss, Broker | |||
| | |||
|
View Home with 11 acres of avocado grove and a detached ADU/w-garages. The rural setting is enhanced with the large trees on Rainbow Canyon. Property is privately gated and the large home and 2 car garage sits atop a hill with the grove surrounding the home. A large outside viewing deck for entertaining and enjoying is a few steps from the house. The detached garages/ADU are half-way down the hill and private and separate. There is a well on the property. The property is priced to reflect some deferred maintenance. There are solar panels and backup batteries installed.
| |||
| Jun 18, 2012 | Sold | ||
| Sold | |||
| Feb 3, 2012 | Listed by Coldwell Banker Johnson & John | $969,000 | |
| Listed by Coldwell Banker Johnson & John | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Rainbow
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Michelle Hoffman, Coldwell Banker Johnson & John
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120007325
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120007325
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017