#NDP2407443, Angel Lopez, Listing Office: Swell Property

1078 Rainbow Crest Rd Fallbrook, CA 92028
Property details
About 1078 Rainbow Crest Rd
Presenting an exquisite residence on the eastern edge of Fallbrook, CA, where modern sophistication meets serene countryside elegance. This stunning home, meticulously constructed in 2002, offers 1,967 sq ft of refined living space, featuring 2 bedrooms, a den used as a library that can be converted into a third bedroom, and 2 full baths with inviting bathtubs. Additionally, a separate 10x12 ADU with an upper mezzanine offers versatile usage possibilities as an art room, home office, or even an additional bedroom to cater to your lifestyle needs. Set on an expansive 1.84-acre estate, this property is a sanctuary of luxury and tranquility with breathtaking views and unparalleled privacy. Indulge in the saltwater pool, a 2022 addition complete with heating panels, and enjoy the state-of-the-art solar panel system, installed in 2023, inclusive of two Tesla Wall Batteries and a backup generator, all fully owned. The interiors exude sophistication with new flooring throughout (installed in 2021) and a recently replaced living room window (2022). Freshly painted both inside and out, the home also boasts a solar-powered electric gate, custom kitchen shade for sun protection, an upgraded ceiling fan in the living room, and chic Stikwood accent walls. Further enhancing the appeal of this exceptional property is a charming chicken coop ready for occupancy, a blossoming greenhouse, and a diverse variety of fruit trees—including orange, grapefruit, tangerine, lemon, apricot, Asian pear apple, peach, lime, dragon fruit, blackberry, pomegranate, and passion fruit—all set within a fully landscaped and fenced property for utmost privacy. At an elevation of 1,584 feet above sea level, relish the captivating ocean views and spectacular sunsets. Convenience and safety are paramount, with fire sprinklers throughout and a Culligan RO filter system in the kitchen. The dual A/C units ensure comfort, with one system cooling the bedrooms, baths, and laundry area, while another serves the front, kitchen, and living room spaces. Located just one exit away from the vibrant Temecula, enjoy an array of attractions, from shopping, wine tasting, and the annual Balloon and Wine Festival, to the historic charm of Front Street and Lake Skinner's natural beauty. Golf enthusiasts will appreciate proximity to Pala Mesa Resort and Temecula Creek Inn, while nature lovers can explore the Santa Margarita Trail Preserve, Live Oak Park, and Monserate Mountain Trail Loop. Fallbrook, renowned for its vibrant community, hosts a variety of events, from the celebrated Avocado Festival to art shows, farmers markets, and live music performances, ensuring a lively and engaging lifestyle. Experience unparalleled luxury and elegance in this exceptional Fallbrook home.
Highlights
Summary
- MLS Number: NDP2503614
- MLS Name: CRMLS
- Office Name: eXp Realty of Southern CA
- Office Phone: (888) 294-1415
- Office Email: CA.South@exprealty.net
- Listing Agent: Patricia Villanueva
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: 4/25/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,450,000
1078 Rainbow Crest Rd
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jan 22, 2020 | Home Sold | $600,000 |
Sep 09, 2015 | Home Sold | $525,000 |
Apr 03, 2000 | Home Sold | $82,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $677,649 | $7,258 |
2023 | $664,363 | $7,088 |
2022 | $651,338 | $7,012 |
2021 | $606,215 | $6,488 |
2020 | $568,276 | $6,232 |
2019 | $557,134 | $5,854 |
2018 | $546,210 | $5,854 |
2017 | $535,500 | $5,736 |
History based on county public records data.
Nearby schools
3
Vivian Banks Charter
Public Charter KG-5
3.7 mi
•11800 Pala Mission Rd
5
Live Oak Elementary School
Public District KG-6
5.1 mi
•1978 Reche Rd
6
Temecula Luiseño Elementary School
Public District KG-5
5.3 mi
•45754 Wolf Creek Dr N
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 $65,653. Residents of Fallbrook, CA typically earn between $35k-100k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1078 Rainbow Crest Rd
This home is located at 1078 Rainbow Crest Rd in Fallbrook, CA and zip code 92028. This 1,967 square foot home, which was built in 2002, sits on a 1.84 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $1,450,000.
Over 17 listings were sold over their listed price in March 2025 in Fallbrook, CA. In the same period over 13 listings were sold below the listed price and 9 listings were sold for the listed price. The number of homes for sale in Fallbrook, CA increased by 2% between February and March 2025. While the average time on the market in March 2025 was 38 days, the median list price was $867,400.