
305 Rainbow Crest Rd Fallbrook, CA 92028
Highlights
- Horse Property Unimproved
- Primary Bedroom Suite
- Mountain View
- RV Access or Parking
- 10 Acre Lot
- Attic
About This Home
As of February 2025Back on the Market! Don't let this one slip by! Welcome to your private 10 acre sanctuary nestled on top of Rainbow Crest with the most incredible views! This stunning 3,014 SQFT home offers 4 bedrooms and 3 bathrooms, with breathtaking forever views of the local Palomar mountain, hills and Pauma Valley. Perfect for entertaining, it features a 6-hole putting green, expansive entertainment patio with a fire pit, covered outdoor dining area, peaceful fountain, and panoramic vistas. Inside, the large gourmet kitchen boasts stainless steel appliances, granite countertops, a spacious island, and ample barstool seating, flowing into a bright family room and dining area with picture windows and patio access. The cozy living room, complete with a fireplace and patio doors, is perfect for cooler days. The master suite offers generous closet space and a luxurious stone-tiled bathroom with granite counters and a garden tub. Two guest bedrooms are conveniently located near the master, while a fourth bedroom downstairs is adjacent to a large gym area and the third bathroom near by creating what could be a private living space. Nestled on 10 acres, this property includes a 1-acre hybrid avocado grove, a professional basketball post and net, RV parking, and plenty of space for a pool or garage. This is a rare opportunity to own a true retreat with endless potential!
Last Agent to Sell the Property
Capitis Real Estate Brokerage Phone: 9516912048 License #01921896
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,280
Year Built
- Built in 1992
Lot Details
- 10 Acre Lot
- Rural Setting
- Landscaped
- Back and Front Yard
- Property is zoned A70
Property Views
- Mountain
- Hills
- Valley
Home Design
- Turnkey
- Concrete Roof
Interior Spaces
- 3,014 Sq Ft Home
- 1-Story Property
- High Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Entrance Foyer
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- L-Shaped Dining Room
- Formal Dining Room
- Home Office
- Bonus Room
- Game Room
- Utility Room
- Home Gym
- Center Hall
- Attic
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Propane Oven
- Propane Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Pots and Pans Drawers
- Trash Compactor
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 3 Full Bathrooms
- Granite Bathroom Countertops
- Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 20 Open Parking Spaces
- 20 Parking Spaces
- Parking Available
- Driveway
- Paved Parking
- RV Access or Parking
Outdoor Features
- Open Patio
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Heating System Uses Wood
- Propane
- Water Heater
- Septic Type Unknown
- Cable TV Available
Additional Features
- Agricultural
- Horse Property Unimproved
Listing and Financial Details
- Assessor Parcel Number 1100212700
- $535 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Fallbrook Subdivision
Recreation
- Hiking Trails
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/18/2025 02/18/25 | Sold | $1,125,000 | 0.0% | $373 / Sq Ft |
01/18/2025 01/18/25 | Pending | -- | -- | -- |
01/07/2025 01/07/25 | For Sale | $1,125,000 | 0.0% | $373 / Sq Ft |
01/01/2025 01/01/25 | Pending | -- | -- | -- |
12/15/2024 12/15/24 | For Sale | $1,125,000 | 0.0% | $373 / Sq Ft |
11/03/2024 11/03/24 | Pending | -- | -- | -- |
09/27/2024 09/27/24 | For Sale | $1,125,000 | -- | $373 / Sq Ft |
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 |
---|---|---|---|---|
2024 | $7,280 | $629,379 | $276,984 | $352,395 |
2023 | $7,123 | $617,039 | $271,553 | $345,486 |
2022 | $7,053 | $604,941 | $266,229 | $338,712 |
2021 | $6,887 | $593,080 | $261,009 | $332,071 |
2020 | $6,900 | $587,000 | $258,333 | $328,667 |
2019 | $6,737 | $575,491 | $253,268 | $322,223 |
2018 | $26,294 | $564,207 | $248,302 | $315,905 |
2017 | $6,465 | $553,145 | $243,434 | $309,711 |
2016 | $6,340 | $542,300 | $238,661 | $303,639 |
2015 | $6,249 | $534,156 | $235,077 | $299,079 |
2014 | $6,123 | $523,694 | $230,473 | $293,221 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $175,000 | Unknown | |
Previous Owner | $314,400 | Credit Line Revolving | |
Previous Owner | $277,300 | Credit Line Revolving | |
Previous Owner | $850,000 | Credit Line Revolving | |
Previous Owner | $600,000 | Credit Line Revolving | |
Previous Owner | $395,500 | Unknown | |
Previous Owner | $300,700 | Unknown | |
Previous Owner | $90,000 | Unknown | |
Previous Owner | $334,000 | No Value Available | |
Closed | $41,750 | No Value Available |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,125,000 | Fidelity National Title | |
Interfamily Deed Transfer | -- | First American | |
Individual Deed | $417,500 | First American Title | |
Deed | $123,500 | -- |
About the Listing Agent

I am an expert residential Real Estate Agent with over 20 years experience with Capitis Real Estate in Fallbrook, North County and San Diego Country areas, providing home-buyers and sellers with professional, responsive and attentive real estate services. As seen on the Ty Hines Weekend Real Estate Show, I am dedicted to sell your home! I also provide a Boutique Property Management services which offers a more personal touch to service and dedication to your investment that large companies
Susannah's Other Listings
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: ND24201584

APN: 110-021-27
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