$1,555,000

334 Rainbow Crest Rd Fallbrook, CA 92028

Estimated payment $8,796/month

Total Views 641
3 Beds
3 Baths
2,556 Sq Ft
$608 Price per Sq Ft

Highlights

  • Ocean View
  • Community Stables
  • Stables
  • Golf Course Community
  • Barn
  • Horse Property

About This Home

HILLTOP EQUESTRIAN PROPERTY with DISTANT OCEAN VIEWS This property offers cool ocean breezes in rural, quiet seclusion including well designed horse amenities, all within 15 min of all city amenities/shopping/wineries & 3 different golf resorts. 5.6 acres, on a quiet secluded hilltop ALL FULLY FLAT & USABLE FOR HORSES, - set up for professional use. Well suited for a private training/sales facility, a Rehab center, Equine therapy, or the discriminate private horse owner. Fast & easy freeway access from 2 directions to I-15 just 5 min down the hill. Southern access road from Hwy 76 is specifically build for semi truck/large horsetrailer access. (General Alert: Living on a hilltop requires uphill driving to the hilltop!) Property is fully fenced & gated (outer perimeters incl. chain-link fence for dogs) 2560sq, 3Br, 3 full Ba + Den, Spanish style custom home with a modern & warm ambience, largely remodeled in 2019 & further extensive updates in 2025 incl. a brand new roof. High, cathedral ceilings throughout living area give an open feel Inviting huge Master suite & large bathroom w. jetted tub & double shower Kitchen shows granite counter tops & stainless steel appliances 2 wood-fireplaces in living room & family room, plus 1 electric fireplace in Master suite ---------------- 6-stall (12x12 stalls w. paddocks) custom built Silverado barn with extra high/wide raised breezeway - 16' wide barn isle Wood paneled stall fronts- Colored concrete barn isle- Large Porch for hay storage & socializing- Tack room 12x12 - Indoor, hot water wash stall w. oversized water heater - Automatic fire sprinkler system acc. to CA building code ----------------------- Additional 6-stall mare motel barn(12x24 stalls) 90x180 arena with professional German Geo Textile (GGT) footing and irrigation system - 5 large seasonal pastures - Well (not in use) Property is currently on Municipal water w. agricultural discount Plenty of room for additional arenas/horse facilities Everything on this Equestrian property is fully permitted and built by licensed contractors. Direct, unlimited trail riding access on well maintained fire-roads into the surrounding hills, right out your gate. Zoned for 10 horses/acre (Total of 55 horses - L2 zoning - Residential/Agric) The property location is naturally protected from Santa Ana Winds. Home may be available fully furnished, subject to separate negotiation.

Listing Agent

Jonathan Minerick

Homecoin.com Brokerage Phone: 888-400-2513 License #01523060 Listed on: 11/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,211

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 5.6 Acre Lot
  • Property fronts a private road
  • Rural Setting
  • Security Fence
  • Vinyl Fence
  • Chain Link Fence
  • Electric Fence
  • Sprinkler System
  • Lawn
  • Garden

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Pasture
  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,556 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Center Hall
  • Tile Flooring
  • Attic Fan

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Self-Cleaning Oven
  • Six Burner Stove
  • Free-Standing Range
  • Propane Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Utility Sink

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer

Home Security

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

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Outdoor Features

  • Horse Property
  • Stone Porch or Patio
  • Outdoor Grill

Farming

  • Barn
  • Agricultural

Horse Facilities and Amenities

  • Horse Property Improved
  • Stables

Utilities

  • Central Air
  • Underground Utilities
  • Propane
  • Private Water Source
  • Central Water Heater
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 1018841
  • Assessor Parcel Number 1100215200
  • $250 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Fallbrook Subdivision
  • Foothills

Recreation

  • Golf Course Community
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,211

Year Built

Built in 1992 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1100215200
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2556.00 Square Feet
  • Interior Amenities: Attic Fan, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Living Room, Primary Bedroom, Electric, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 608.37
  • Room Type: All Bedrooms Up, Center Hall, Den, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
  • Window Features: Bay Window(s)
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Jetted Tub, Linen Closet/Storage, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Barn(s)
  • Exterior Features: Barbecue Private, Stable
  • View: City Lights, Coastline, Hills, Mountain(s), Ocean, Panoramic, Pasture
  • Fence: Yes
  • Fencing: Chain Link, Electric, Security, Vinyl
  • Patio And Porch Features: Patio, Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Propane, Underground Utilities, Water Available, Water Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Free-Standing Range, Freezer, Ice Maker, Microwave, Propane Range, Refrigerator, Self Cleaning Oven, Water Heater Central
  • Electric: Standard
  • Laundry Features: Individual Room, Inside, Propane Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Conventional Septic
  • Water Source: Private, Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural - Tree/Orchard, Garden, Horse Property, Horse Property Improved, Lawn, Lot Over 40000 Sqft, Sprinkler System
  • Lot Size Sq Ft: 243936.00
  • Lot Size Acres: 5.6000

Green Features

  • Certified 433a: Yes

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5.6000 Acres
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Tract Number: 1018841
  • TaxOtherAnnualAssessmentAmount: 250.00

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 $7,211 $669,828 $261,409 $408,419
2024 $7,211 $656,695 $256,284 $400,411
2023 $7,047 $643,819 $251,259 $392,560
2022 $6,973 $631,196 $246,333 $384,863
2021 $6,805 $618,820 $241,503 $377,317
2020 $6,821 $612,476 $239,027 $373,449
2019 $6,655 $600,468 $234,341 $366,127
2018 $6,499 $588,696 $229,747 $358,949
2017 $930 $577,154 $225,243 $351,911
2016 $6,242 $565,838 $220,827 $345,011
2015 $6,140 $557,339 $217,510 $339,829
2014 $6,009 $546,423 $213,250 $333,173
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 For Sale $1,555,000 -- $608 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $420,000 First American Title
Interfamily Deed Transfer -- --
Gift Deed -- Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Purchase Money Mortgage
Previous Owner $296,250 Purchase Money Mortgage
Previous Owner $230,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR25251868

California Regional Multiple Listing Service (CRMLS)

APN: 110-021-52