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Rainbow 92028
1078 Rainbow Crest Rd
$600,000
● House - Off Market

1078 Rainbow Crest Rd

Fallbrook, CA 92028
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,967 Ft²
$910,650
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

Very private, quiet, serene, dynamite views, this beautiful home was custom built in 2002, travertine floors, large family room with fireplace and kitchen with custom cabinets and granite counter tops. Large master bedroom with an outstanding bathroom, lots of storage, property fenced and gated. All of this with those wonderful views of the mountains and valleys and far west to enjoy. Neighborhoods: Rainbow Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer:  Septic Installed Topography: ,GSL
Unit Size
1,967 Ft²
Days on Market
125 days
Land Size
1.84 acres
Price per sqft
$318
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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Last updated: 4 months ago (SDMLS #190051977)

Price History

Date / Event Date Event Price
Feb 2, 2026 Sold
Sold
Jan 4, 2026 In contract -
In contract
Nov 11, 2025 Price Decreased $1,180,000
↓ $90K (7.1%)
Price Decreased
Jul 18, 2025 Price Decreased $1,270,000
↓ $29K (2.2%)
Price Decreased
Jun 23, 2025 Price Decreased $1,299,000
↓ $51K (3.8%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 80,150
  • Total Building Area: 1,967
  • Building Area: 1,967
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,967
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001840
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 18-9-2W SWQ 1.84 AC M/L IN SEQ OF

Neighborhood

  • School District Name: Vallecitos Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 019002

Zoning

  • Zoning: A70

Geography

  • Assessors Map Reference: 400-C2
  • Parcel: 109-270-07-00
  • Meridian: SEC 18 TWN 09 RNG 02W
  • Municipality: VALLECITOS
  • Latitude: 33.3897
  • Longitude: -117.131

    Address

  • Full Address: 1078 Rainbow Crest Rd
  • Address - House Number: 1078
  • Address - Street Name: Rainbow Crest
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: R002
  • 4-Digit Zip Code: 8841
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $708,880
  • Tax Rate Code Area: 93-029

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 964,931
  • High Value: 1,111,837
  • Low Value: 818,025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,363
  • Assessed Land Value: $300,336
  • Assessed Improvements Value: $364,027

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Jan 22, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2020-0031991
  • Previous Sale Recording Date: Sep 09, 2015
  • Previous Sale Contract Date: Aug 18, 2015
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rainbow


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Frequently Asked Questions

When was property at 1078 Rainbow Crest Road built and last sold?
The property at 1078 Rainbow Crest Road was built in 2002 and last sold on Dec 18, 2019 for $600,000.
How much is this home worth?
The estimated value of the home located at 1078 Rainbow Crest Road is $1,126,321.
What are some comparable homes to 1078 Rainbow Crest Road?
There are currently no comparable homes to 1078 Rainbow Crest Road.