1832 Camino Rainbow
About This Property
Ideally located, this retreat offers the best of So California living-16 minutes from Temecula's renowned Wine Country, shopping, and entertainment, while also providing convenient access to the coast for beach days and ocean breezes.
From the moment you step inside, you'll appreciate the warmth and character of the home, highlighted by beautiful Santa Monica Hickory wood flooring, French doors, exposed beams, and expansive picture windows, that showcase the surrounding countryside and avocado groves. The thoughtfully designed floor plan features three bedrooms, including two bedrooms and a full bath on the main level. A private den just off the kitchen creates the perfect space for a home office, reading room, complete with rustic beams.
Upstairs, in addition to the spacious primary suite there is an adjacent bonus loft area, ideal for a home office, or sitting room. The primary suite also features a hidden room with additional storage area. Primary ensuite bath with a large walk-in shower.
The kitchen is a chefs delight w room for an island and complemented by a walk-in pantry conveniently located near the laundry room, which includes a utility sink, washer and dryer, and direct access to the outdoors. 2 car garage
Outdoor living is truly exceptional, with custom decking surrounding the backyard and multiple vantage points to take in the endless views and stunning sunsets. The property also includes a detached outbuilding featuring an artist's studio or creative space on the upper level, with an additional workshop.
Room to accommodate RV parking, recreational vehicles, and multiple cars, the property offers flexibility rarely found in today's market. Enjoy the benefits of city water through Rainbow Water District service, and natural gas, a septic system, and a newer roof on the home.
Surrounded by healthy avocado trees and commanding views, this one-of-a-kind Rainbow retreat combines comfort, and unmatched privacy in a truly remarkable setting. Whether you're seeking a full-time residence, or country escape with easy access to Wine Country, this remarkable property delivers it all.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2026 | Listed by Century 21 Masters | $1,045,000 | |
| Listed by Century 21 Masters | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017