1078 Rainbow Crest Road
Fallbrook, CA, 92028 $ 1,180,000
Bedrooms2 Baths2.0 Sq 1,967 Monthly Estimate*
$ 7,362
Listed by eXp Realty of Southern CA
for $1,180,000 with 2 bedrooms and 2 full baths. This 1,967 square foot home was built in 2002 on a lot size of 1.84.
PRICE IMPROVEMENT – Your Fallbrook Retreat Awaits Experience the best of country living and modern design in this stunning single-story home on the eastern edge of Fallbrook. Now offered at an incredible new price, this property brings unmatched value, privacy, and peace surrounded by sweeping views and open skies. Built in 2002 and thoughtfully updated, this 1,967 sq. ft. residence features 2 spacious bedrooms, 2 full baths, and a den that easily converts into a third bedroom or home office. The separate 10x12 detached studio with a mezzanine expands your possibilities—ideal for art, work, or guests. Step outside and you’ll see why this home stands apart. Set on 1.84 acres, the property feels like a private resort with a 2022 saltwater pool, solar heating panels, a 2023 owned solar system with two Tesla Wall Batteries, and a backup generator. Every feature reflects care and intention—from the new flooring and freshly painted exterior to the custom kitchen shade. The grounds are fully fenced, gated, and beautifully landscaped, with a greenhouse, chicken coop, and fruit trees producing everything from oranges and lemons to apricots, dragon fruit, and pomegranates. At 1,584 feet above sea level, sunsets and ocean views stretch endlessly before you. Enjoy dual A/C systems, a Culligan RO water filter, and fire sprinklers for comfort and safety. Located just one exit from Temecula, you’ll have access to wineries, golf, and shopping while being minutes from Fallbrook’s festivals, markets, and art scene. This home is more than a place to live—it’s a lifestyle, now made even more within reach.
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FeaturesGeneralLiving Area 1967
Sewer Septic Tank
Cooling Central Air Dual
Zoning AGRICULTURAL
HOA Fee 0
Garage Spaces 2
Pool Features In Ground Solar Heat Salt Water
Year Built 2002
View Coastline Hills Mountain(s) Ocean Panoramic Pool
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Curbs Mountainous Rural
County San Diego
New Construction 0
Property Type Residential
HOA 0
Attached Garage 1
Garage Y/N 1
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Old Hwy 395 Rainbow Glen Rainbow Valley Blvd Rice Canyon Rd Rainbow Heights Rd Rainbow Crest Rd.
City Fallbrook
Entry Location 1
Senior Community Y/N 0
High School District Fallbrook Union
MLS Area 92028 - Fallbrook
Lot Size Units Acres
Lot Size Square Feet 80150.4
Listing Terms Cash Conventional 1031 Exchange VA Loan
Property Attached Y/N 0
Land Lease Y/N 0
Lease Considered Y/N 0
Virtual Tour https://tours.curb360.com/vd/142266131 https://tours.curb360.com/vd/142265961
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
Expected Active Date 2025-04-18
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InteriorInterior Amenities Utility Room Workshop
Fireplace Features Family Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N 1
Heating Y/N 0
Fireplace Y/N 1
Laundry Features Laundry Room
Total Bedrooms 2
Entry Level 1
Total Baths 2
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ExteriorLot Features Agricultural Back Yard Drip Irrigation/Bubblers Front Yard Garden Lot Over 40000 Sqft Sprinkler System
Total Parking 2
Lot Size Area 1.84
Spa 0
Lot Size Acres 1.84
Private Pool 1
Lot Size Source Assessor
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* Excluded FeaturesList ByExp Realty Of Southern CaBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,362
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Fallbrook, CA
Average List Price $1,114,016
Percent of Sale Price 6%
About Fallbrook, CA 33,184 Population
14% Since 2002
$ 57,009 Median Income
35.56 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/28/2025 | $1,180,000 | | Listed Price |