1239 Rainbow Valley Boulevard Fallbrook, CA $ 929,900
1239 Rainbow Valley Boulevard
$ 929,900
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1239 Rainbow Valley Boulevard

Fallbrook, CA, 92028
$ 929,900
Bedrooms3 Baths2.0 Sq 1,817

Monthly Estimate*

$ 5,726

Listed by Coldwell Banker Realty
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Single Family Home for sale in Fallbrook, CA

for $929,900 with 3 bedrooms and 2 full baths. This 1,817 square foot home was built in 1887 on a lot size of 2.15.

Original Wine Country Schoolhouse. Very special and unique Country property just minutes from Old Town Temecula. Two plus gentle oak studded acres featuring “The Old Vallecitos School House” converted to a three bedroom plus loft, two bathrooms. The renovated Schoolhouse was built in 1887 and was used as such until it was moved onto this property in the 1950's. Beautiful hardwood flooring, a huge fireplace and recently opened up original windows are charming touches to the original first floor. Upstairs the bedrooms have knotty pine flooring and old slat windows. There is a full bedroom and bath downstairs. The home has new drywall, fresh interior and exterior "Victorian" paint and all of the wood flooring has been refinished. Propane has been added and so have heating and A/C. New Roof in 2025 plus all home was tented and all termite work completed. New electronic entry gate just added. Both bathrooms have been completely remodeled and kitchen has been updated with new sink, faucet and countertops. Outside beautiful natural landscape on gentle fertile land perfect for gardening. There is a large metal barn/workshop and a one horse old wood barn. Enjoy the charming setting while being only minutes to everything Temecula and Fallbrook have to offer including 60+ wineries within 20 minutes! Only .4 mile to Rainbow Oaks Restaurant and gas station.

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Single Family Active

Price

$ 929,900

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

2.15

Year Built

1887

Town/City

Fallbrook

County/Region

San Diego

MLS | Web ID

OC26034413

Days on Market

6

Features
General
Living Area 1817
Sewer Septic Tank
Heating Electric Fireplace(s) Wood Zoned
Cooling Central Air Electric Zoned
Utilities Propane
Appliances Gas Oven Gas Range Propane Oven Refrigerator Tankless Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 0
Patio/Porch Features Rear Porch Covered
Architectural Style Craftsman
Pool Features None
Year Built 1887
View Hills Neighborhood Orchard Panoramic Rocks Trees/Woods
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Community Features Valley
County San Diego
New Construction false
Property Type Residential
HOA false
Subdivision Name Fallbrook
Garage Y/N false
Full Baths 2
Special Listing Conditions Standard
Status Active
Directions Take 395 to Rainbow Valley Blvd and go east. Home is on the right. Gated entry.
City Fallbrook
Disclosures Principal is Real Estate Licensed
Association Name None
Entry Location up 4 steps
Senior Community Y/N false
High School District San Diego Unified
Number Of Units Total 1
MLS Area 92028 - Fallbrook
Lot Size Units Square Feet
Lot Size Square Feet 93654
Carport Spaces 2
Carport Y/N true
Listing Terms Cash to New Loan Conventional 1031 Exchange Owner May Carry
Property Attached Y/N false
Land Lease Y/N false
Property Condition Updated/Remodeled
Additional Parcels Y/N false
Lease Considered Y/N true
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Estimated
Tax Lot 000
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Breakfast Area Separate/Formal Dining Room High Ceilings Two Story Ceilings Bedroom on Main Level Galley Kitchen Main Level Primary
Flooring Tile Wood
Fireplace Features Living Room Wood Burning
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features In Carport
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Below Grade Finished Area Unit Type Square Feet
Total Baths 2
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Exterior
Fencing Chain Link
Lot Features Agricultural Back Yard Front Yard Garden Horse Property Lot Over 40000 Sqft Level Rectangular Lot Secluded
Water Source Public
Total Parking 2
Lot Size Area 93654
Lot Size Acres 2.15
Private Pool false
Lot Size Source Assessor
RV Parking Dimensions Plenty!
Horse Y/N true
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* Excluded Features
List By
Coldwell Banker Realty

Broker

mbbuckles@gmail.com

Email

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$5,726
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Monthly Principal & Interest
$5,726
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Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2026$929,900 Listed Price

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1239 Rainbow Valley Boulevard, Fallbrook, CA, 92028 is a Single Family Home for sale at $929,900 with 1,817 sqft and a lot size of 2.15. 1239 Rainbow Valley Boulevard has 3 bedrooms, 2.0 baths, and was built in 1887. The property's zip code is 92028 which is in Fallbrook, CA