4385 Rainbow Vista Dr Fallbrook, CA 92028
Estimated payment $10,527/month
Highlights
- Attached Guest House
- Above Ground Spa
- Panoramic View
- Home Theater
- Primary Bedroom Suite
- Custom Home
About This Home
A Modern Hilltop Estate Surrounded by Over 500 Acres of Scenic Flower Farms. Tucked away on a quiet private road in Fallbrook, this modern hilltop estate offers rare privacy, open space, and panoramic views that stretch for miles. Recently and extensively renovated, the home features soaring ceilings, custom wood details, brand-new flooring, lighting, cabinetry, and high-end appliances. Natural light fills the open layout, with a stunning kitchen that flows into the living and dining areas. Walls of windows and sliding doors open to a massive wraparound Trex deck—perfect for sunset dinners and weekend entertaining. The main-level guest suite includes its own en-suite bath and porch, while upstairs offers two more bedrooms—including a spa-like primary retreat with a private view deck, soaking tub, and walk-in shower. A flexible loft space is ideal for a theater, studio, or playroom. Downstairs, a fully equipped ADU with a separate entrance includes two bedrooms, a full kitchen, and a living space—perfect for guests, extended family, or rental income. Additional highlights include smart home features, brand-new multi-zone HVAC, a durable metal shake roof, RV parking potential, and fire-safe landscaping with recent clearance approval from the county. Just minutes from the 15 freeway and a short drive to Fallbrook and Temecula’s top wineries, shopping, and dining—this one-of-a-kind property is more than a home... it’s a lifestyle.
Listing Agent
The Oppenheim Group Brokerage Phone: 949-992-5191 License #01948183 Listed on: 04/17/2025
Co-Listing Agent
The Oppenheim Group Brokerage Phone: 949-992-5191 License #02006393
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,241
Year Built
- Built in 2010 | Remodeled
Lot Details
- 6.12 Acre Lot
- Rural Setting
- Lot Has A Rolling Slope
- Drip System Landscaping
- Sprinklers on Timer
- Garden
- Back and Front Yard
- Density is 6-10 Units/Acre
- Property is zoned A70
Parking
- 3 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Driveway
Property Views
- Panoramic
- Canyon
- Vineyard
- Pasture
- Mountain
- Hills
- Valley
Home Design
- Custom Home
- Modern Architecture
- Spanish Architecture
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 5,605 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Wired For Sound
- Built-In Features
- Bar
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Electric Fireplace
- Gas Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Home Theater
- Home Office
- Library
- Loft
- Bonus Room
- Game Room
- Storage
- Finished Basement
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Self-Cleaning Oven
- Gas Oven
- Six Burner Stove
- Gas Cooktop
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Pots and Pans Drawers
- Trash Compactor
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Maid or Guest Quarters
- In-Law or Guest Suite
- Bathroom on Main Level
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Separate Shower
- Exhaust Fan In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Outdoor Features
- Above Ground Spa
- Living Room Balcony
- Wood Patio
- Wrap Around Porch
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Conventional Septic
Additional Features
- Attached Guest House
- Agricultural
Listing and Financial Details
- Tax Lot 07
- Tax Tract Number 93005
- Assessor Parcel Number 1080320700
- $210 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Fallbrook Subdivision
- Mountainous Community
Recreation
- Hiking Trails
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,241 | $1,271,940 | $459,000 | $812,940 |
| 2024 | $11,241 | $1,061,207 | $318,362 | $742,845 |
| 2023 | $10,973 | $1,040,400 | $312,120 | $728,280 |
| 2022 | $10,821 | $1,020,000 | $306,000 | $714,000 |
| 2021 | $10,539 | $1,000,000 | $300,000 | $700,000 |
| 2020 | $10,288 | $961,467 | $202,612 | $758,855 |
| 2019 | $10,093 | $942,616 | $198,640 | $743,976 |
| 2018 | $9,928 | $924,135 | $194,746 | $729,389 |
| 2017 | $930 | $906,016 | $190,928 | $715,088 |
| 2016 | $9,510 | $888,252 | $187,185 | $701,067 |
| 2015 | $9,365 | $874,911 | $184,374 | $690,537 |
| 2014 | $9,163 | $857,774 | $180,763 | $677,011 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Price Changed | $1,799,999 | -2.7% | $321 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $1,850,000 | -- | $330 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Lawyers Title | |
| Grant Deed | $1,210,000 | Wfg National Title | |
| Deed | -- | Wfg Title | |
| Grant Deed | $1,247,000 | Lawyers Title Company | |
| Grant Deed | -- | Provident Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title San Diego | |
| Interfamily Deed Transfer | -- | First American Title | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Continental Lawyers Title | |
| Grant Deed | -- | -- | |
| Grant Deed | $106,000 | Continental Lawyers Title Co | |
| Deed | $92,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,456,000 | Construction | |
| Previous Owner | $1,174,720 | Construction | |
| Previous Owner | $910,000 | New Conventional | |
| Previous Owner | $938,250 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $154,872 | Fannie Mae Freddie Mac | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $35,983 | No Value Available | |
| Previous Owner | $78,750 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25084484
APN: 108-032-07
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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