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Rainbow 92028
944 Rainbow Crest Road
$709,000
● House - Off Market

944 Rainbow Crest Road

Fallbrook, CA 92028
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,120 Ft²
$1,122,698
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Enjoy the serene privacy afforded in this beautifully upgraded single level custom hm showcasing truly spectacular panoramic 270 degree views toward Palomar Mtn! Entertain outdoors by the infinity edge pool & spa & dine next to  lighted cascading rock waterfalls! Slate patio & expansive Trex deck. Formal rotundra entry leads to a great rm opening to the views! Slate fireplace & hardwood flooring. Chef's dream kitchen w/newer Viking appls, granite counters. 10 min from Fwy 15, Temecula, wineries, casinos! Neighborhoods: Rainbow Equipment: Fire Sprinklers,Garage Door Opener,Pool/Spa/Equipment Other Fees: 0 Sewer:  Septic Installed Topography: LL,GSL,SSLP
Unit Size
2,120 Ft²
Days on Market
55 days
Land Size
2.93 acres
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

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Last updated: 4 months ago (SDMLS #180001132)

Price History

Date / Event Date Event Price
Sep 18, 2025 Sold
Sold
Jul 16, 2025 Price Decreased $1,133,000
↓ $67K (5.6%)
Price Decreased
Jun 10, 2025 Price Decreased $1,200,000
↓ $100K (7.7%)
Price Decreased
May 4, 2025 Listed by RE/MAX Connections $1,300,000
Listed by RE/MAX Connections
Perched high atop a hill in Rainbow, you’ll find the most majestic views, stretching so far into the distance that the eye can hardly comprehend it. It’s a sight so spectacular, it feels as if Heaven itself has descended upon you. In the winter, you can see a blanket of snow on top of Mount Palomar. Other days, billowy clouds float above the horizon, and the sunrises are so breathtaking that words fail to capture their beauty, the way the light spills across the landscape, as if the sun is gently kissing the hills good morning, is simply unforgettable. Located just 10 miles from both Old Town Temecula and downtown Fallbrook, this property offers the perfect blend of tranquil seclusion and easy access to shopping, dining, and world-class wineries, making the location truly ideal. Step inside to discover a gourmet kitchen featuring top-of-the-line Viking appliances, a wine bar perfect for entertaining, and elegant finishes throughout. A spacious rotunda entry welcomes you home, offering a graceful place to drop your keys and unwind. The open-concept living room is bathed in natural light, and in the evenings you can curl up with a blankets and sip hot chocolate by the fireplace. Featuring a mix of elegant wood flooring, slate and travertine stone throughout, this home combines warmth and timeless sophistication in every room. Massive wall of glass expanding 12 ft with 2 sliding doors showcasing a a 6-foot opening to expand your living space onto the outdoor patio, creating a seamless flow between indoor outdoor lifestyle that is iconic of Southern California. Complementing this, the kitchen nook features a brand new 10-foot panoramic window, perfect for soaking in the sweeping views. Whether hosting guests or enjoying a quiet evening, this space offers flexibility and breathtaking scenery as your backdrop. Outside, a luxurious infinity-edge pool invites you to relax on warm summer days, while the calming sound of the cascading waterfall sets the tone for peaceful evenings. The panoramic views are so extraordinary, they rival even the most memorable vacation vistas, making every day here feel like a getaway. This home is so special, it feels like a permanent staycation, only it’s yours to enjoy every day. It’s also a fantastic opportunity for a short-term rental or vacation home investment. Don’t miss your chance to experience it in person. Schedule your private showing today before someone else seizes this incredible opportunity.
Mar 1, 2018 Sold
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 127,631
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002930
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 19-9-2W NEQ DOC00-262846 IN NWQ OF

Neighborhood

  • School District Name: Vallecitos Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 019108

Zoning

  • Zoning: A70

Geography

  • Parcel: 110-270-35-00
  • Meridian: SEC 19 TWN 09 RNG 02W
  • Municipality: VALLECITOS
  • Latitude: 33.385
  • Longitude: -117.129

    Address

  • Full Address: 944 Rainbow Crest Rd
  • Address - House Number: 944
  • Address - Street Name: Rainbow Crest
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: R002
  • 4-Digit Zip Code: 9618
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $858,596
  • Tax Rate Code Area: 93-032

    Appraisal Valuation

  • Standard Deviation: 0.1531
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 1,091,364
  • High Value: 1,258,461
  • Low Value: 924,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $775,389
  • Assessed Land Value: $361,848
  • Assessed Improvements Value: $413,541

    Sales

  • Current Sale Contract Date: Jan 29, 2018
  • Current Sale Recording Date: Mar 01, 2018
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2018-0082023
  • Previous Sale Recording Date: Sep 06, 2013
  • Previous Sale Contract Date: Aug 02, 2013
  • Previous Sale Amount: $625,000
  • 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


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 35555 Orchard Trail, FALLBROOK, CA, 92028

$5,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,418 ft²
35555 Orchard Trail, FALLBROOK, CA, 92028 Listing by William Algarin


Frequently Asked Questions

When was property at 944 Rainbow Crest Road built and last sold?
The property at 944 Rainbow Crest Road was built in 2002 and last sold on Jan 29, 2018 for $709,000.
How much is this home worth?
The estimated value of the home located at 944 Rainbow Crest Road is $1,093,697.
What are some comparable homes to 944 Rainbow Crest Road?
There are currently no comparable homes to 944 Rainbow Crest Road.