RENTED MAR 3, 2026

335 Rainbow Crest Rd Fallbrook, CA 92028

Estimated Value: $855,000 - $1,105,000

2 Beds
2 Baths
1,527 Sq Ft
$660/Sq Ft Est. Value

Highlights

  • 5.86 Acre Lot
  • Wood Flooring
  • Private Yard
  • Mountain View
  • Steam Shower
  • No HOA

About This Home

As of March 2026

Spacious 1,527 sq. ft., two-story, 2-bedroom, 2-bathroom home featuring sweeping mountain and canyon views in a peaceful, natural setting. This charming residence offers hardwood floors, custom woodwork, upgraded appliances, and bright living spaces filled with natural light. The main level includes two bedrooms and one full bathroom, providing a private and practical sleeping area. The second floor serves as the primary living level, featuring a large open-concept living area with kitchen, a full bathroom with a relaxing steam shower, and panoramic views overlooking the valley and distant hills. The two-level configuration offers separation between private bedrooms and main living areas, allowing for flexible living arrangements. Outdoor amenities include multiple patios and decks, walking paths, tranquil views, and an outdoor hot and cold shower, creating a calming environment that blends seamlessly with nature. Additional features include solar power, ample uncovered parking (no garage), and a serene natural setting. Located approximately 10 minutes from I-15, this home provides an ideal balance of country privacy and convenient access to town. Another home on the property is currently leased. No pets. Non-smoking property. Available now for qualified tenants.

Last Agent to Rent the Property

Susannah Levicki

Capitis Real Estate Brokerage Phone: 9516912048 License #01921896 Listed on: 10/01/2025

Last Renter's Agent

Susannah Levicki

Capitis Real Estate Brokerage Phone: 9516912048 License #01921896 Listed on: 10/01/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 5.86 Acre Lot
  • Rural Setting
  • Private Yard

Property Views

  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,527 Sq Ft Home
  • 2-Story Property
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Steam Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Gravel Driveway
  • Paved Parking
  • Assigned Parking

Utilities

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

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision

Listing and Financial Details

  • Security Deposit $3,700
  • Rent includes electricity, water
  • Available 10/1/25
  • Assessor Parcel Number 1100212000

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

5.86 Acres

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-10-01
  • Credit Check Paid By: Owner
  • Deposit Key: 50
  • Deposit Security: 3700
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Inclusions: Refrigerator, washer and dryer
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 1100212000
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1527.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen, In Family Room, Area
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.21
  • Room Type: All Bedrooms Down
  • Bathroom Features: Linen Closet/Storage, Bathtub
  • Room Kitchen Features: Tile Counters, Kitchen Island

Exterior Features

  • View: Mountain(s), Hills
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Gravel, Assigned, Paved, Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Propane Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Inside, Washer Included, Dryer Included
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 255261.60
  • Lot Size Acres: 5.8600

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable, 12 Months, 6 Months
  • Lot Size Area: 5.8600 Acres
  • Number Of Units Total: 1
  • Rent Includes: Electricity, Water

Tax Info

  • Tax Lot: 0000
  • Tax Tract Number: 00000

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Floorplans

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2022
Sold by
Ippolito Christine Rose
Bought by
Lifetime Trust and Ippolito
Current Estimated Value
$1,008,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$142,094
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$866,102

Purchase Details

Closed on
Mar 21, 2005
Sold by
Ippolito Christine R
Bought by
Ippolito Christine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 12, 2003
Sold by
Ippolito Christine R
Bought by
Ippolito Christine R

Purchase Details

Closed on
Sep 1, 2000
Sold by
Ippolito Christine R
Bought by
Ippolito Christine R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lifetime Trust -- Accommodation/Courtesy Recordi
Ippolito Christine R -- Fidelity National Title
Ippolito Christine R -- Fidelity National Title
Ippolito Christine R -- Fidelity National Title
Ippolito Christine R -- Fidelity National Title
Ippolito Christine R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lifetime Trust $150,000
Previous Owner Ippolito Christine R $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 Rented $3,375 +3.1% --
10/17/2025 10/17/25 Price Changed $3,275 -9.0% $2 / Sq Ft
10/08/2025 10/08/25 Price Changed $3,600 -2.7% $2 / Sq Ft
10/01/2025 10/01/25 For Rent $3,700 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,174 $358,974 $108,303 $250,671
2024 $4,174 $351,936 $106,180 $245,756
2023 $4,085 $345,037 $104,099 $240,938
2022 $3,971 $338,272 $102,058 $236,214
2021 $3,878 $331,640 $100,057 $231,583
2020 $3,885 $328,241 $99,032 $229,209
2019 $3,794 $321,806 $97,091 $224,715
2018 $3,710 $315,497 $95,188 $220,309
2017 $930 $309,312 $93,322 $215,990
2016 $3,571 $303,248 $91,493 $211,755
2015 $3,520 $298,694 $90,119 $208,575
2014 $3,451 $292,844 $88,354 $204,490
Source: Public Records

Agents Affiliated with this Home

  • Susannah Levicki

    Landlord's Agent in 2026

    Susannah Levicki

    Capitis Real Estate

    (951) 691-2048

    71 Total Sales

    Susannah Levicki
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND25230053

California Regional Multiple Listing Service (CRMLS)

APN: 110-021-20

California San Diego County Fallbrook 92028

335 Rainbow Crest Rd, Fallbrook, CA

Not Listed for Sale

Detached

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