Last Sold Price
409,464 Lot Size9.4 Acres
5 Rainbow Crest Rd, Fallbrook, CA 92028

Description

This almost 10 acres is in a highly desirable community of Fallbrook known as Rainbow. An agricultural water meter is already installed. Very peaceful and rural enough for a quiet and calm day, while still close enough to shopping, schools and entertainment. This land is zoned agricultural and would be a great parcel for growing flowers or crops. The paved road directly in front of this parcel is Gomez Creek while the legal address is Rainbow Crest.This almost 10 acres is in a highly desirable community of Fallbrook known as Rainbow. An agricultural water meter is already installed. Very peaceful and rural enough for a quiet and calm day, while still close enough to shopping, schools and entertainment. This land is zoned agricultural and would be a great parcel for growing flowers or crops. The paved road directly in front of this parcel is Gomez Creek while the legal address is Rainbow Crest.
LISTING CLOSED: 05/20/2022 12:00 AM

  1. Listed by Lorenda York • DRE #00872645 • Brokerage DRE #00872645 • Lorenda York Realty

Property Details for 5 Rainbow Crest Road

Status
MLS #
SW22067222
Days on Market
24
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land Lot
Year Built
-
Lot Size
9.40 AC
View
Canyon, Hills, Trees/Woods, Valley
Lot Size Source
Assessor
New Construction
No
View
Yes
View
Yes
Association
No
Association Fee
$.00
Zoning
A
Subdivision Name
Fallbrook
Subdivision Name Other
Fallbrook
Senior Community
No
Parcel Number
1102900500
Area
92028 - Fallbrook
Directions
From Rice Canyon Rd take Moonridge Rd which winds round & round to RainbrookDr. go left to Rainbow Crest & go right

Recent comparable sales

Median sold price

$250,000

Avg days on market

69

Sale-to-list ratio

92.4%

[Fallbrook, CA]

9 comparable properties found

$67,500 | 0 Rainbow Crest Road, Fallbrook, CA 92028
1

$67,500

Sold 03/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.39
Acres
a backyard of a house with lots of green space
2

$185,000

Sold 11/17/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
16.71
Acres
a view of mountain with lake view
3

$175,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
7.49
Acres
a view of a yard with an ocean
4

$350,000

Sold 05/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26.21
Acres
$350,000 | 10148 Alex, Fallbrook, CA 92028
1/23
5

$350,000

Sold 05/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
26.21
Acres
a view of a outdoor space
6

$250,000

Sold 02/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.76
Acres
a view of a lush green hillside and houses
7

$400,000

Sold 02/03/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
10
Acres
$250,000 | Rainbow Crest, Fallbrook, CA 92028
1/16
8

$250,000

Sold 02/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.76
Acres
a view of a dry yard
9

$110,000

Sold 09/10/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
6.01
Acres

Location

Listing Courtesy of Lorenda York Realty, Lorenda York, DRE #00872645

Sold By Better Homes and Gardens Real Estate Vogler Feigen, Veronica Banuelos, DRE #02041697

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Building Information for 5 Rainbow Crest Road

Lot Size9.40 AC

Payment Calculator

$432 per month

30 year fixed, 6.55% Interest

Principal and Interest

$432

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Rainbow Crest Road

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 190.01
Community / Development
Community / Development
  • Community Features: Mountainous
Property / Structure Info
Distance To
  • Distance To Water: 0
Land/Lot Info
  • Lot Features: Agricultural
  • Land Lease: No
  • Water Source: None

Property History for 5 Rainbow Crest Road

DateEvent & SourcePriceAppreciation
May 20, 2022

Sold

CRMLS #SW22067222

$85,000
Apr 29, 2022

Pending

CRMLS #SW22067222

Apr 5, 2022

Listed (Active)

CRMLS #SW22067222

$99,000
DateEvent & SourcePrice
05/20/2022

Sold

CRMLS #SW22067222

$85,000
04/29/2022

Pending

CRMLS #SW22067222

04/05/2022

Listed (Active)

CRMLS #SW22067222

$99,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 5 Rainbow Crest Road

This home is within Vallecitos Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Vallecitos Elementary School
PublicK to 8

Fallbrook High School
Public9 to 12

Ivy High (Continuation) School
Public9 to 12

Oasis High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Rainbow Crest Road, Fallbrook, CA 92028
$85,000
409,464
$85,000
409,464
2
1,440
245,678
$325,000
2
1,440
55,321
$113,000
378,100

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lorenda York Realty, Lorenda York, DRE #00872645

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.