944 Rainbow Crest Rd Fallbrook, CA 92028
Estimated payment $7,411/month
Total Views
6,660
3
Beds
2
Baths
2,120
Sq Ft
$566
Price per Sq Ft
Highlights
- In Ground Pool
- Updated Kitchen
- Wood Flooring
- Primary Bedroom Suite
- Mountain View
- Great Room
About This Home
Perched high atop a hill in Rainbow, you’ll find the most majestic views, stretching so far into the distance that the eye can hardly comprehend it. It’s a sight so spectacular, it feels as if Heaven itself has descended upon you. In the winter, you can see a blanket of snow on top of Mount Palomar. Other days, billowy clouds float above the horizon, and the sunrises are so breathtaking that words fail to capture their beauty, the way the light spills across the landscape, as if the sun is gently kissing the hills good morning, is simply unforgettable. Located just 10 miles from both Old Town Temecula and downtown Fallbrook, this property offers the perfect blend of tranquil seclusion and easy access to shopping, dining, and world-class wineries, making the location truly ideal. Step inside to discover a gourmet kitchen featuring top-of-the-line Viking appliances, a wine bar perfect for entertaining, and elegant finishes throughout. A spacious rotunda entry welcomes you home, offering a graceful place to drop your keys and unwind. The open-concept living room is bathed in natural light, and in the evenings you can curl up with a blankets and sip hot chocolate by the fireplace. Featuring a mix of elegant wood flooring, slate and travertine stone throughout, this home combines warmth and timeless sophistication in every room. Massive wall of glass expanding 12 ft with 2 sliding doors showcasing a a 6-foot opening to expand your living space onto the outdoor patio, creating a seamless flow between indoor outdoor lifestyle that is iconic of Southern California. Complementing this, the kitchen nook features a brand new 10-foot panoramic window, perfect for soaking in the sweeping views. Whether hosting guests or enjoying a quiet evening, this space offers flexibility and breathtaking scenery as your backdrop. Outside, a luxurious infinity-edge pool invites you to relax on warm summer days, while the calming sound of the cascading waterfall sets the tone for peaceful evenings. The panoramic views are so extraordinary, they rival even the most memorable vacation vistas, making every day here feel like a getaway. This home is so special, it feels like a permanent staycation, only it’s yours to enjoy every day. It’s also a fantastic opportunity for a short-term rental or vacation home investment. Don’t miss your chance to experience it in person. Schedule your private showing today before someone else seizes this incredible opportunity.
Listing Agent
RE/MAX Connections Brokerage Email: vgissing@icloud.com License #01857605 Listed on: 05/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,709
Year Built
- Built in 2002 | Remodeled
Lot Details
- 2.93 Acre Lot
- Property fronts a private road
- Density is up to 1 Unit/Acre
- Property is zoned Agricultural
Parking
- 3 Car Attached Garage
Property Views
- Mountain
- Hills
Home Design
- Turnkey
- Tile Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,120 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Great Room
- Living Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Propane Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- 2 Full Bathrooms
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Separate Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- No Interior Steps
- Accessible Parking
Outdoor Features
- In Ground Pool
- Covered patio or porch
Utilities
- Central Air
- No Heating
- 220 Volts in Garage
- Propane
- Water Heater
- Conventional Septic
Listing and Financial Details
- Tax Tract Number 93032
- Assessor Parcel Number 1102703500
Community Details
Overview
- No Home Owners Association
- Foothills
Recreation
- Hiking Trails
Map
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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 |
|---|---|---|---|---|
| 2024 | $8,709 | $790,895 | $369,084 | $421,811 |
| 2023 | $8,586 | $775,389 | $361,848 | $413,541 |
| 2022 | $8,498 | $760,186 | $354,753 | $405,433 |
| 2021 | $8,290 | $745,282 | $347,798 | $397,484 |
| 2020 | $8,306 | $737,641 | $344,232 | $393,409 |
| 2019 | $8,101 | $723,179 | $337,483 | $385,696 |
| 2018 | $7,531 | $673,352 | $314,230 | $359,122 |
| 2017 | $7,386 | $660,150 | $308,069 | $352,081 |
| 2016 | $7,237 | $647,207 | $302,029 | $345,178 |
| 2015 | $7,128 | $637,487 | $297,493 | $339,994 |
| 2014 | $6,978 | $625,000 | $291,666 | $333,334 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Price Changed | $1,200,000 | -7.7% | $566 / Sq Ft |
| 05/04/2025 05/04/25 | For Sale | $1,300,000 | +83.4% | $613 / Sq Ft |
| 03/01/2018 03/01/18 | Sold | $709,000 | -2.2% | $334 / Sq Ft |
| 01/16/2018 01/16/18 | Pending | -- | -- | -- |
| 01/05/2018 01/05/18 | For Sale | $725,000 | +16.0% | $342 / Sq Ft |
| 09/06/2013 09/06/13 | Sold | $625,000 | -3.8% | $295 / Sq Ft |
| 06/21/2013 06/21/13 | For Sale | $650,000 | -- | $307 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
| Grant Deed | $709,000 | Ticor Title San Diego Branch | |
| Grant Deed | $625,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | First American | |
| Grant Deed | $130,000 | First American Title | |
| Grant Deed | $375,000 | First American Title | |
| Grant Deed | $75,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $239,500 | New Conventional | |
| Closed | $359,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $575,000 | Unknown | |
| Previous Owner | $80,000 | Credit Line Revolving | |
| Previous Owner | $570,000 | Unknown | |
| Previous Owner | $365,000 | Unknown | |
| Previous Owner | $300,700 | Unknown | |
| Previous Owner | $62,500 | Stand Alone Second | |
| Previous Owner | $300,000 | No Value Available | |
| Previous Owner | $394,100 | Construction | |
| Closed | $56,200 | No Value Available |
Source: Public Records
Similar Homes in Fallbrook, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2504395
APN: 110-270-35
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