1239 Rainbow Valley Blvd Fallbrook, CA 92028
Highlights
- Horse Property
- Craftsman Architecture
- Two Story Ceilings
- Panoramic View
- Secluded Lot
- Wood Flooring
About This Home
Available starting March 1 2026 Fully Furnished! Original Wine Country Schoolhouse. Very special and unique Country property just minutes from Old Town Temecula. Two plus gentle oak studded acres featuring an “Old School House” converted to a three bedroom two bath. The newly renovated Vallecitos Schoolhouse was built in 1889 and was used as such until it was moved onto this property in the 1950's. Beautiful hardwood flooring, a huge fireplace and newly opened up original windows are charming touches to the original first floor. Upstairs the bedrooms have knotty pine flooring and old slat windows. There is a full bedroom and bath downstairs. The home has new drywall, fresh paint and all of the wood flooring has been refinished. Propane has been added and so have new heating and A/C. Both bathrooms have been completely remodeled and kitchen has been updated with new sink, faucet and countertops. Outside beautiful natural landscape on gentle fertile land perfect for gardening. There is a large metal barn/workshop and a one horse old wood barn. Enjoy the charming setting while being only minutes to everything Temecula and Fallbrook have to offer including 60+ wineries within 20 minutes! Only .4 mile to Rainbow Oaks Restaurant and gas station. Submit on pets. May consider both with additional rent.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 949-230-5887 License #01165545 Listed on: 02/10/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1887 | Remodeled
Lot Details
- 2.15 Acre Lot
- Chain Link Fence
- Secluded Lot
- Rectangular Lot
- Level Lot
- Garden
- Back and Front Yard
Property Views
- Panoramic
- Woods
- Orchard Views
- Hills
- Neighborhood
- Rock
Home Design
- Craftsman Architecture
- Entry on the 1st floor
Interior Spaces
- 1,817 Sq Ft Home
- 2-Story Property
- Furnished
- Two Story Ceilings
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Center Hall
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Range
- Pots and Pans Drawers
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Carport
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Outdoor Features
- Horse Property
- Covered Patio or Porch
Farming
- Agricultural
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Wood
- Propane
- Tankless Water Heater
- Conventional Septic
Listing and Financial Details
- Security Deposit $5,000
- Rent includes all utilities, gardener, gas, sewer, trash collection, water
- 6-Month Minimum Lease Term
- Available 3/1/26
- Assessor Parcel Number 1026600700
Community Details
Overview
- No Home Owners Association
- $100 HOA Transfer Fee
- Fallbrook Subdivision
- Valley
Pet Policy
- Call for details about the types of pets allowed
- Pet Deposit $1,000
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/10/2026 02/10/26 | For Rent | $5,000 | +85.2% | -- | |
| 01/10/2017 01/10/17 | Rented | $2,700 | 0.0% | -- | |
| 12/09/2016 12/09/16 | For Rent | $2,700 | +12.5% | -- | |
| 04/29/2016 04/29/16 | Rented | $2,400 | 0.0% | -- | |
| 04/10/2016 04/10/16 | For Rent | $2,400 | 0.0% | -- | |
| 11/25/2015 11/25/15 | Sold | $350,000 | 0.0% | $193 / Sq Ft | View Prior Sale |
| 10/14/2015 10/14/15 | Pending | -- | -- | -- | |
| 10/12/2015 10/12/15 | Price Changed | $350,000 | -12.5% | $193 / Sq Ft | |
| 09/01/2015 09/01/15 | Price Changed | $399,990 | -10.9% | $220 / Sq Ft | |
| 08/18/2015 08/18/15 | Price Changed | $449,000 | -5.5% | $247 / Sq Ft | |
| 07/24/2015 07/24/15 | For Sale | $475,000 | -- | $261 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26030305
APN: 102-660-07
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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