Sold
Last Sold Price
4 beds2,117 sqft$445/sqft
5450 Rainbow Heights Rd, Rainbow, CA 92028
Single FamilyProperty Type
0.8 acresLot Size
1984Year Built
$445/sq ftPrice per sq ft
2 carsParking Spaces

Description

So many options with this tastefully remodeled property on just over 3/4 of an acre! Boasting 4 bedrooms w/ an optional 5th bedroom and 3 full bathrooms. The lower level has a separate entrance, kitchenette, 2 large rooms and a bathroom and can be used so many ways, such as a mother-in-law quarters, multigenerational space, bonus room, craft room, play/game room, man cave, family room or get creative! Upstairs is the main living space featuring an open floor plan starting in the living room w/ new...So many options with this tastefully remodeled property on just over 3/4 of an acre! Boasting 4 bedrooms w/ an optional 5th bedroom and 3 full bathrooms. The lower level has a separate entrance, kitchenette, 2 large rooms and a bathroom and can be used so many ways, such as a mother-in-law quarters, multigenerational space, bonus room, craft room, play/game room, man cave, family room or get creative! Upstairs is the main living space featuring an open floor plan starting in the living room w/ new custom built-in bookshelves on either side of the fireplace opening to a gorgeous kitchen w/ beautiful cabinets, custom backsplash, quartz counters, a large island, and stainless steel appliances. The adjoining dining room looks out onto a new custom-built 20' x 20' composite deck with tension cables and built-in floor lights with access from 3 different sets of stairs! You'll enjoy relaxing, entertaining, or drinking your morning coffee on this deck. It's a great way to start and end your day! Just down the hall off the main living area, you'll find 3 bedrooms and 2 bathrooms. You'll love the large primary bedroom and walk-in closet, but wait until you enter the en suite bath through a stylish barn door to enjoy an oversized shower and dual sinks. The following is new or newer in the last 6 - 24 months: faux wood blinds throughout, deck, flooring, dual-pane windows, roof, plumbing, electrical & lighting fixtures, ceiling fans, HVAC, electrical panel, and whole house generator. Step outside and be amazed at how much space you have on this just over 3/4 acre lot where you can build a pool, raise some animals, build a shop, ADU, or pole barn, or use for RV parking. The detached 2-car garage has a custom automatic garage door and extra storage overhead and there is ample parking in the two paved driveways. Living here offers residents a suburban rural mix feel in this unincorporated area of Fallbrook known as Rainbow.
  • Listed by: Debra Osborne DRE #01176927 Brokerage DRE #02051216 • Radius Agent Realty
Listing closed: 10/16/2023 12:00 AM • Source: CRMLS, MLS#: OC23150891

Location

Listing Courtesy of Radius Agent Realty, Debra Osborne, DRE #01176927

Sold By eXp Realty of California, Inc, Patricia Villanueva, DRE #01100323; eXp Realty of California, Inc, Eddie Lagunas, DRE #01273510

Add your commute

Payment Calculator

$5,704 per month

30 year fixed, 6.71% Interest

Principal and Interest

$4,873

Property Taxes

$831

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5450 Rainbow Heights Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • View: Trees/Woods
  • Parking Spaces Total: 2
  • Private Pool: No
  • Cooling Type: Central Air
  • Total Units: 1.0
  • Building Type: Detached
  • Lot Size Source: Assessor
  • Living Area: 2117
  • Assessor Parcel Number: 102-630-14-00
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Stories Total: 2
  • Entry Level: 1
  • Fireplace: Yes
  • Pool: No
  • View: Yes
  • View: Yes
  • Association: No
  • Association Fee: $.00
  • Zoning: A70
  • Subdivision Name: Fallbrook
  • Subdivision Name Other: Fallbrook
  • Senior Community: No
  • Parcel Number: 1026301400
  • Area: 92028 - Fallbrook
  • Elementary School: Fallbrook Union Elementary Distr
  • Middle School: Fallbrook Union Elementary Distr
  • High School: Fallbrook Union High School Dist
  • High School District: Fallbrook Union
  • Directions: Use GPS
Building Information
  • Stories: 2
  • Year Built: 1984
  • Lot Size: 0.80 AC / 34,848 SF
Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Tract Number: 880
  • Tax Census Tract: 190.02
  • CFD/Mello-Roos Fee: $43
  • Tax Lot: 9
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Rural
  • Community: FALLBROOK
Property / Structure Info
Interior Features
  • Equipment: Dryer, Washer
  • Room Type: Bonus Room, Entry, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bedroom Features: WalkInCloset
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included
  • Laundry Location: Gas
  • Laundry Utilities: Gas
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Fireplace: FP in Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
Exterior Features
  • Entry Location: 1
  • Structures: Rural
  • Structure Type: House
  • Other Structures: Rural
  • Miscellaneous: Rural
  • View Description: Trees/Woods
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Lot 20000-39999 Sqft, Level, Treed Lot
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Septic Type Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Builders Tract Name: Fallbrook
  • Builders Tract Code: Fallbrook
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 5450 Rainbow Heights Road

DateEvent & SourcePriceAppreciation
Oct 16, 2023

Sold

SDMLS #OC23150891

$943,000
Oct 16, 2023

Sold

CRMLS #OC23150891

$943,000
Oct 16, 2023

Sold

CLAW #OC23150891MR

$943,000
DateEvent & SourcePrice
10/16/2023

Sold

SDMLS #OC23150891

$943,000
10/16/2023

Sold

CRMLS #OC23150891

$943,000
10/16/2023

Sold

CLAW #OC23150891MR

$943,000

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

Public Records for 5450 Rainbow Heights Road

Taxable ValueLand$639,657Additions$341,438Total$981,095
Tax Record2025$9,967 ($831 / month)
Home Facts
Beds4Baths3.5Total Finished SqFt2,117 SqFtAbove Grade Finished SqFt2,117 SqFtLot Size34,848 SqFtStyleSingle Family ResidenceYear Built1984Year Renovated1984ZoningA70CountySAN DIEGOAPN102-630-14-00

Schools near 5450 Rainbow Heights 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.

Similar Homes

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 Radius Agent Realty, Debra Osborne, DRE #01176927

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.