Backup offers
$10,000 Closing Credit¹
#OC25051479, Kate Olivas, Listing Office: First Team Real Estate
#OC25095016·
Listing office: Redfin·
Listing agent: Michelle Fullbright·
Listing office phone: 7143178866
$850,000 List price
1027 W Rainbow Falls Way Orange, CA 92865
$10,000
Closing credit¹
3 beds
2 full
1,194 sqft
0.08 acres
$712 / sqft
House
Property details
About 1027 W Rainbow Falls Way
Welcome to this beautifully maintained single-level 3-bedroom home situated on a desirable corner lot in the sought-after Rivertrail community! You'll be greeted by a grassy front yard and a two-car garage wit loft space for extra storage plus extended driveway. Step inside to a bright and airy living space featuring soaring ceilings, a ceiling fan, and a charming fireplace. Sliding glass doors lead to the spacious backyard patio—perfect for relaxing or entertaining. The open-concept dining area connects seamlessly to the kitchen and family room, highlighted by a lovely light fixture and French doors that open to a the side yard. The updated kitchen is a dream for entertainers, complete with sparkling stainless steel appliances, a farmhouse sink, crisp white cabinetry accented with gold hardware, and recessed lighting. The primary suite is a true retreat, featuring a ceiling fan, direct access to the backyard patio, and an ensuite bathroom with a rainfall shower, updated tile, and a soaking tub. The secondary bedrooms are generously sized—one even includes sliding glass doors that open to a private atrium, offering a peaceful outdoor escape. Enjoy the outdoors with a covered patio area, mature trees, and low-maintenance astroturf. Recent updates include a new HVAC system installed just three years ago. The Rivertrail community features a sparkling pool and spa, as well as a playground for residents to enjoy. Don’t miss your chance to tour this exceptional home—schedule your showing today!
Highlights
Home typeSingle Family Residence
HeatingFireplace(s), Heat Pump
StatusActive
CoolingHeat Pump
Size1,194 sqft
Lot size0.0792 Acres
Year built1983
ParkingDirect Access, Garage Faces Front, Garage
MLS #OC25095016
Attached garage2 spaces
FireplaceLiving Room
ViewNeighborhood
Virtual tour
Summary
- Full Bathrooms: 2
- Appliances: Convection Oven, Dishwasher, Gas Oven, Microwave, Range Hood, Water Heater
- Flooring Type: Bamboo
- Interior: High Ceilings, Open Floorplan, All Bedrooms Down, Atrium, Loft, Primary Suite
- Fireplace: Living Room
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Direct Access, Garage Faces Front, Garage
- View: Neighborhood
- Heating: Fireplace(s), Heat Pump
- Cooling: Heat Pump
- List Price: $850,000
- Price/SqFt: $711
- HOA Amount: $147
- HOA Frequency: Monthly
- Annual Tax Amount: $5,005
- Tax Year: 2024
- Lot: Back Yard, Front Yard, Lawn, Landscaped, Level
- Directions: Cross Streets: Batavia St and Lincoln Ave
- Year Built: 1983
- Stories: 1
- Living Area: 1,194 SqFt
- Lot Size: 0.0792 Acres
- MLS Number: OC25095016
- MLS Name: CRMLS
- Office Name: Redfin
- Office Phone: (714) 317-8866
- Listing Agent: Michelle Fullbright
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$850,000
1027 W Rainbow Falls Way
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 24, 2008 | Home Sold | $400,000 |
| Oct 07, 2005 | Home Sold | $608,000 |
| Apr 12, 1991 | Home Sold | $202,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $443,349 | $5,005 |
| 2023 | $434,656 | $4,892 |
| 2022 | $426,134 | $4,795 |
| 2021 | $417,779 | $4,661 |
| 2020 | $413,496 | $4,618 |
| 2019 | $405,389 | $4,489 |
| 2018 | $397,441 | $4,489 |
| 2017 | $389,649 | $4,304 |
History based on county public records data.
Nearby schools
6
Fletcher Elementary School
Public District KG-6
0.3 mi
•515 W Fletcher Ave
4
Rio Vista Elementary School
Public District KG-5
1.0 mi
•310 N Rio Vista St
3
Juarez Elementary School
Public District KG-6
1.0 mi
•841 S Sunkist St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $86,236. Residents of Orange, CA typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
5%
<35k
60%
35k-100k
34%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
8%
Single, with Kids
33%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Soccer
Tennis
Where do the neighbors shop?
Chico's
The Container Store
IKEA
Where do the neighbors go to eat?
Boston Market
Starbucks
Chipotle
What do the neighbors drive?
Volvo
BMW
Jeep
What do the neighbors listen to?
Talk/Personality
Alternative
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1027 W Rainbow Falls Way
The listing price of 1027 W Rainbow Falls Way property is $850,000.
The property 1027 W Rainbow Falls Way is a house located in Orange, California, 92865.
Active Listing: 1027 W Rainbow Falls Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1027 W Rainbow Falls Way are: Fletcher Elementary School (GreatSchools Rating 6/10), Rio Vista Elementary School (GreatSchools Rating 4/10), Juarez Elementary School (GreatSchools Rating 3/10), South Junior High School (GreatSchools Rating 3/10), Sycamore Junior High School (GreatSchools Rating 2/10), Valadez Middle School Academy (GreatSchools Rating 5/10), Katella High School (GreatSchools Rating 5/10), Richland Continuation High School (GreatSchools Rating 2/10), Orange High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $5,005 (source: MLS/based on county public records data).
The last sale was on October 24, 2008 for $400,000 (source: MLS/tax record).
The property at 1027 W Rainbow Falls Way has 3 bedrooms and 2 bathrooms.
The property 1027 W Rainbow Falls Way is 1,194 SqFt (source: MLS/tax record).
The year of construction for 1027 W Rainbow Falls Way is 1983.
This home is located at 1027 W Rainbow Falls Way in Orange, CA and zip code 92865. This 1,194 square foot home, which was built in 1983, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $850,000.
While more than 32 listings in Orange, CA in April 2025 were sold above asking price, there were more than 12 listings sold at asking price, and more than 37 were sold below. In April 2025 in Orange, CA there were 5.3% less homes for sale than in March. Listings spent 20 days on the market in April 2025, and had a median list price of $1,122,181 during the same period.
From Rocket Homes Real Estate and based on county public records data.