NOT LISTED FOR SALE

3005 Rainbow Glen Rd Fallbrook, CA 92028

Estimated Value: $1,491,704 - $1,670,000

4 Beds
4 Baths
3,390 Sq Ft
$459/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $1,500,000 $442 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,968/month

118 Days on Market

Highlights

  • Guest House
  • Barn
  • Art Studio
  • Community Stables
  • Horse Property
  • RV Access or Parking

About This Home

As of March 2024

This is majestic country ranch (Hidden Oaks Ranch) sits on 5+ acres of gorgeous land. This secluded property features beautiful views, a main house, a guest house, extensive outbuildings including a 36' x 60' x 16' Studio completed in late 2021. The Rick Dean Studio has been designed to accommodate movie sets, television, streaming, and all commercial needs. This secluded property is three miles from the closest streetlight and has little to no sound or light pollution. The Barn/converted Bunk house was originally a resident stable for Tennessee Walking Horses. The Bunk house sleeps up to eight with a full bath, kitchenette and recreational activities. While this is the ideal equestrian estate, the property might also be adapted to many other uses. An electrified gate opens to a stately private drive that winds through majestic live oaks, fenced paddocks and passes a picturesque barn. You will shortly arrive at the main house, which features a great room, dining area, kitchen, laundry room, powder room and two master bedrooms, each with ensuite baths. Artfully updated with new bathrooms, new interior doors, trim work, and windows. The property also includes a self-contained guest house with bath plus an un-permitted studio apartment with bath. All combined, there is a total of 3390 square feet of living space. An oversized 3 car garage has an open-air workshop in the back. The property has been extensively developed. Additional facilities include a riding arena, wash rack, and pastures. There are many other possible uses for the Ranch for instance a private winery, workshop, Movie Studio, or even a car collector’s garage. The Ranch can easily accommodate RVs, boats, vineyards, and more.
For extensive details google: Hidden Oaks Ranch & Studio.

Last Agent to Sell the Property

Ted Lingenfelter

South West Realty License #00852530 Listed on: 10/03/2023

Last Buyer's Agent

Cynthia Elizondo

Halcyon License #01924853

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 5.04 Acre Lot
  • Rural Setting
  • Wood Fence
  • Density is 2-5 Units/Acre
  • Property is zoned A70

Parking

  • 3 Car Garage
  • Parking Available
  • Circular Driveway
  • Automatic Gate
  • RV Access or Parking
  • Controlled Entrance

Property Views

  • Pasture
  • Mountain

Home Design

  • Entry on the 1st floor
  • Spanish Tile Roof

Interior Spaces

  • 3,390 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Great Room
  • Home Office
  • Game Room
  • Art Studio
  • Dance Studio
  • Sound Studio
  • Workshop
  • Home Gym
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Propane Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Farming

  • Barn
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Propane Water Heater
  • Septic Type Unknown

Additional Features

  • Guest House
  • Horse Property Improved

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10641
  • Assessor Parcel Number 1022214300
  • $181 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Stables
  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Pool Table New Woodchipper Club Car Utility Vehicle to Transverse the Ranch 2 Metal Sheds
  • Property Attached: No
  • Road Frontage Type: Access Road
  • Security: Automatic Gate
  • View: Yes
  • Zoning: A70
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1022214300
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3390.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Primary Retreat
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 442.48
  • Room Type: All Bedrooms Down, Art Studio, Dance Studio, Exercise Room, Game Room, Great Room, Guest/Maid's Quarters, Main Floor Bedroom, Main Floor Primary Bedroom, Office, Sound Studio, Two Primaries, Walk-In Closet, Walk-In Pantry, Workshop

Exterior Features

  • Patio: Yes
  • Other Structures: Barn(s), Guest House, Outbuilding, Shed(s), Storage, Workshop
  • View: Mountain(s), Pasture
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Concrete, Covered, Porch
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Controlled Entrance, Driveway, RV Access/Parking
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Propane, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Microwave, Propane Range, Propane Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Horse Trails, Stable(s), Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Horse Property, Horse Property Improved, Lot Over 40000 Sqft, Pasture, Ranch
  • Lot Size Sq Ft: 219542.00
  • Lot Size Acres: 5.0400

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 219542.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 190.01
  • Tax Lot: 1
  • Tax Tract Number: 10641
  • TaxOtherAnnualAssessmentAmount: 181.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Jan 15, 2024
Sold by
Biber 2001 Trust
Bought by
Brindle Christopher Nelles and Brindle Michele Colleen
Seller's Agent
Ted Lingenfelter
South West Realty
Buyer's Agent
Cynthia Elizondo
Halcyon
List Price
$1,500,000
Sold Price
$1,500,000
Views
326
Current Estimated Value
$1,557,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,176
Avg. Annual Appreciation
2.10%
Original Mortgage
$1,039,500
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 12, 2018
Closed on
Feb 15, 2018
Sold by
Little Susan C
Bought by
Biber David D and Biber Kathleen L
Seller's Agent
Marla Cruickshank
UpCountri Homes & Estates
List Price
$740,000
Sold Price
$735,000
Premium/Discount to List
-$5,000
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%

Purchase Details

Closed on
Jul 25, 2016
Sold by
Walker Robert P and Little Susan C
Bought by
Walker Robert P and Little Susan C

Purchase Details

Listed on
Oct 27, 2012
Closed on
Nov 29, 2012
Sold by
Schofield Anne C
Bought by
Walker Robert P and Little Susan C
Seller's Agent
Roselynn DeSander
Homesmart Legends
Buyer's Agent
Catherine Zolezzi
Keller Williams Realty
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$344,000
Interest Rate
3.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2012
Sold by
Schofield Anne C
Bought by
Schofield Anne C

Purchase Details

Closed on
Jan 11, 2002
Sold by
Schofield Anne C
Bought by
Schofield Anne C

Purchase Details

Closed on
Sep 24, 2001
Sold by
Schofield Archie Laverne
Bought by
Schofield Anne C

Purchase Details

Closed on
Sep 21, 2001
Sold by
Deveal Corp
Bought by
Schofield Anne C

Purchase Details

Closed on
Aug 15, 1995
Sold by
Household Finance Corp Of California
Bought by
Devcal Corp

Purchase Details

Closed on
Jun 30, 1994
Sold by
Housekey Financial Corp
Bought by
Household Finance Corp Of California

Purchase Details

Closed on
Jun 6, 1988

Purchase Details

Closed on
Sep 29, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brindle Christopher Nelles $1,500,000 Fidelity National Title Compan
Biber David D $735,000 Ticor Title Insurance Co
Walker Robert P -- None Available
Walker Robert P $430,000 Lawyers Title Insurance Co
Schofield Anne C -- None Available
Schofield Anne C -- --
Schofield Anne C -- Fidelity National Title
Schofield Anne C $340,000 Fidelity National Title
Devcal Corp -- Commonwealth Land Title Co
Household Finance Corp Of California $219,253 --
-- $225,000 --
-- $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brindle Christopher Nelles $1,039,500
Previous Owner Walker Robert P $344,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $1,500,000 0.0% $442 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
10/03/2023 10/03/23 For Sale $1,500,000 +104.1% $442 / Sq Ft
04/13/2018 04/13/18 Sold $735,000 -0.7% $217 / Sq Ft View Prior Sale
02/15/2018 02/15/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $740,000 +72.1% $218 / Sq Ft
01/11/2013 01/11/13 Sold $430,000 -9.5% $228 / Sq Ft View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
10/27/2012 10/27/12 For Sale $475,000 -- $251 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $9,706 $1,530,000 $714,000 $816,000
2024 $9,706 $922,839 $285,245 $637,594
2023 $9,471 $904,745 $279,652 $625,093
2022 $9,338 $887,006 $274,169 $612,837
2021 $8,091 $772,615 $262,794 $509,821
2020 $8,125 $764,694 $260,100 $504,594
2019 $7,970 $749,700 $255,000 $494,700
2018 $4,994 $465,368 $189,393 $275,975
2017 $4,896 $456,244 $185,680 $270,564
2016 $4,783 $447,299 $182,040 $265,259
2015 $4,783 $440,581 $179,306 $261,275
2014 $4,681 $431,951 $175,794 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23181599

California Regional Multiple Listing Service (CRMLS)

APN: 102-221-43