$1,150,000
$25K PRICE DROP

2115 Rainbow Glen Rd Fallbrook, CA 92028

Estimated payment $7,089/month

Total Views 18,468
3 Beds
2.5 Baths
2,705 Sq Ft
$425 Price per Sq Ft

Highlights

  • Panoramic View
  • Open Floorplan
  • Vaulted Ceiling
  • Custom Home
  • Deck
  • Wood Flooring

About This Home

$25,000 Price Improvement. Seller said sell it now! Set in a serene valley on 4.8 acres, this custom Mediterranean estate offers unmatched privacy and sweeping panoramic views. Built in 2010 for its original owners, the home features premium upgrades throughout. With 2,705 sq ft of living space, the home includes 3 bedrooms, 2.5 bathrooms, and a spacious game room complete with a pool table and wet bar. Rich Knotty Alder wood accents, Caspian-style lighting fixtures, dual-pane Milgard windows, oversized sliding doors, a tankless water heater, and dual-zone heating and A/C add to the home's appeal.
As you step through the grand entrance, you're greeted by a soaring foyer with high ceilings. The ground level hosts the game room and two bedrooms, while the upper level opens to a stunning great room. This expansive space encompasses a dream kitchen, wood floors, vaulted ceilings, a dining area, living room, and the primary suite—all with breathtaking views.
The chef's kitchen is a true standout with floor-to-ceiling solid Alder cabinetry, granite countertops, a Dacor stove cooktop with a down-draft system, double ovens, and a walk-in pantry. The combined dining and living areas offer an ideal space for entertaining. Step outside
onto the expansive deck, complete with a Weber BBQ, piped propane, and a Sun Setter awning, perfect for outdoor gatherings.
The primary suite features a private balcony, a walk-in closet, a luxurious soaking tub, and a walk-in shower. Positioned at the highest point of the property, the home boasts unobstructed views extending to the coast.
The property also includes approximately 500 Asian guava trees, 30 Hass avocado trees, and a variety of citrus trees, all irrigated by a private well. The oversized 2-car garage offers epoxy flooring, built-in cabinetry, and a separate sink. The driveway includes a convenient turnaround and paved RV parking. A security and fire alarm system ensure peace of mind.
While nestled in a peaceful valley, the home is easily accessible, located just minutes from I-15 exits and a short drive from Temecula, Fallbrook, and the coast.

Listing Agent

Tom Van Wie

Coldwell Banker Village Properties Brokerage Phone: 760-703-6400 License #01412145 Listed on: 03/12/2025

Coldwell Banker Village Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,533

Year Built

  • Built in 2010

Lot Details

  • 4.8 Acre Lot
  • Rural Setting
  • Southwest Facing Home
  • Fenced
  • Stucco Fence
  • Drip System Landscaping
  • Irregular Lot
  • Steep Slope
  • Sprinkler System
  • Property is zoned A70

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Up Slope From Street
  • RV Potential

Property Views

  • Panoramic
  • Woods
  • Bluff
  • Canyon
  • Orchard Views
  • Valley

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Turnkey
  • Permanent Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Cellulose Insulation
  • Spanish Tile Roof
  • Fire Retardant Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Seismic Tie Down
  • Quake Bracing
  • Asphalt
  • Stucco

Interior Spaces

  • 2,705 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Propane Fireplace
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows
  • Custom Window Coverings
  • Blinds
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Game Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • Low Pile Carpeting

Outdoor Features

  • Balcony
  • Deck
  • Slab Porch or Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Vented Exhaust Fan
  • Agricultural Well Water Source
  • Tankless Water Heater
  • Propane Water Heater
  • Conventional Septic
  • Phone Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Agricultural

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 1027713300
  • $167 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,533

Year Built

Built in 2010

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: A70
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1027713300
  • Year Built: 2010
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2705.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wet Bar
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Propane, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 425.14
  • Room Type: Entry, Game Room, Great Room, Kitchen, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet, Walk-In Pantry
  • Window Features: Blinds, Casement Windows, Custom Covering, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Primary Bath, Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Separate Tub And Shower, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Concrete Perimeter, Permanent, Quake Bracing, Slab
  • Exterior Features: Awning(s), Barbecue Private
  • View: Bluff, Canyon, Orchard, Panoramic, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Concrete, Deck, Slab
  • Pool Private: No
  • Roof: Fire Retardant, Spanish Tile
  • Spa: No
  • Construction Materials: Asphalt, Cellulose Insulation, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Concrete, Driveway Up Slope From Street, Garage Faces Front, Garage - Two Door, Garage Door Opener, Oversized, Private, RV Potential, Uncovered
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Other, Phone Available, Propane, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, High Efficiency Water Heater, Ice Maker, Microwave, Propane Cooktop, Propane Water Heater, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Propane, Zoned
  • Laundry Features: In Garage, Washer Hookup, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Agricultural Well, Public
  • Cooling: Dual, Energy Star Qualified Equipment, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural, Valley

Schools

  • School District: Fallbrook Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Sloped Down, Gentle Sloping, Landscaped, Lot Over 40000 Sqft, Irregular Lot, Sprinklers Drip System, Steep Slope
  • Lot Size Sq Ft: 209088.00
  • Lot Size Acres: 4.8000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 209088.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • TaxOtherAnnualAssessmentAmount: 167.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,533 $1,122,400 $587,242 $535,158
2024 $11,533 $1,100,393 $575,728 $524,665
2023 $11,255 $1,078,818 $564,440 $514,378
2022 $11,098 $1,057,666 $553,373 $504,293
2021 $9,132 $875,000 $395,000 $480,000
2020 $8,898 $840,000 $380,000 $460,000
2019 $8,901 $840,000 $380,000 $460,000
2018 $8,927 $840,000 $380,000 $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2025 07/12/25 Price Changed $1,150,000 -2.1% $425 / Sq Ft
03/12/2025 03/12/25 For Sale $1,175,000 -- $434 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $417,000 New Conventional
Closed $528,000 New Conventional
Closed $672,100 Construction
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND25049551

California Regional Multiple Listing Service (CRMLS)

APN: 102-771-33