Sold
Last Sold Price
4 beds1,836 sqft$376/sqft
721 Rainbow Crest Rd, Fallbrook, CA 92028
Single FamilyProperty Type
9.1 acresLot Size
1977Year Built
$376/sq ftPrice per sq ft
8 carsParking Spaces

Description

Come home to this amazing hilltop private paradise, nestled amoung the beautiful forest surrounded by nature on it’s own 9.1 acres. This is the perfect home for privacy, yet still close to town, shops, the freeway and so much nature. When it's time to unwind in your amazingly bright and airy open floor plan new home, you'll feel right at home relaxing in the oversized family room next to the fireplace staring out over the picturesque valley and mountains. The master bedroom has it’s own access to...Come home to this amazing hilltop private paradise, nestled amoung the beautiful forest surrounded by nature on it’s own 9.1 acres. This is the perfect home for privacy, yet still close to town, shops, the freeway and so much nature. When it's time to unwind in your amazingly bright and airy open floor plan new home, you'll feel right at home relaxing in the oversized family room next to the fireplace staring out over the picturesque valley and mountains. The master bedroom has it’s own access to the patio and backyard with an attached master bath. The huge, enclosed patio is a year round bonus great for the hot summers and the cool winters with endless amazing mountain views. Step outside and you’re surrounded by the tranquil and surreal natural setting, perfect for family, kids or pets in your huge back yard and 9.1 acres. With over 9.1 acres this yard has so much potential to create your own private paradise by redesigning the detached unit into a great family getaway, Vacation rental or guest quarters. All your guests will the privacy and nature setting of this cute little ADU. This home is a must see and just needs a little TLC with so much more potential inside and out. Lastly, for the nature lovers there tons of walking and hiking trails right out the backdoor. Make this property your very own private nature resort oasis. This home is perfect for families downsizing or upsizing. This beautiful home in an amazing area won’t last! Get it before it’s gone!
  • Listed by: Shane Dailey DRE #01484412 • Cal Mutual Inc. 323-821-8323
Listing closed: 10/24/2023 12:00 AM • Source: SDMLS, MLS#: 230012896

Recent comparable sales

Median sold price

$680,000

Avg days on market

23

Sale-to-list ratio

90.4%

Fallbrook, CA

9 comparable properties found

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Square Feet
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Location

Listing Courtesy of Cal Mutual Inc., Shane Dailey, DRE #01484412

Sold By eXp Realty of California, Inc., Alexandrine Lyons, DRE #02176773

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Payment Calculator

$4,168 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,512

Property Taxes

$656

HOA Dues

$0

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Property Information for 721 Rainbow Crest Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Community: FALLBROOK
  • Zoning: AGRICULTUR
  • Parking Garage: Attached
  • Garage Spaces: 2.0
  • Standard Status: Closed
Building Information
  • Stories: 1
  • Year Built: 1977
  • Lot Size: 9.10 AC / 396,396 SF
Summary
Location and General Information
  • Coordinates: -117.122019, 33.387999
  • Latitude: 33.387999
  • Longitude: -117.122019
  • Directions: Look closely at the grey pole on the corner labeled 721. Turn left into driveway and go about 200 yards to the BLACK GATE on the right. Cross Street: Rainbow Crest.
  • MLS Area Major: North County
  • Water Source: Other/Remarks, Public, Well
Taxes and HOA
  • Association Fee: $0
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Parking
  • Parking Features: Attached
  • Parking Total: 8.0
Property
Lot Information
  • Building Area Total: 1836.0
  • Building Area Units: Sqft
  • Living Area: 1836
  • Living Area Units: Sqft
  • Lot Size Area: 9.1
  • Lot Size Units: Acres
  • Lot Size:
Property and Assessments
  • Property Sub Type: Detached
  • Property Type: Residential
  • Age Restrictions: N/K
  • Prop Restrictions Known: None Known, Other/Remarks
  • Ownership: Fee Simple
  • ADUYes No: Yes
  • Year Built: 1977
Utilities
  • Sewer: Septic Installed
  • Utilities: See Remarks
  • Heat Source: Other/Remarks
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Fencing: Gate, Partial, N/K, Other/Remarks, Chain Link
  • Pool Features: N/K
  • Pool Heat: N/K
  • Roof: Shingle
Interior Features
  • Appliances: Dishwasher, Built In Range, Built-In
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Stories Total: 1
  • Cooling: Central Forced Air
  • Heating: Fireplace, Forced Air Unit
  • Interior Features: Other
  • Laundry Features: Electric, Other/Remarks
  • Levels: 1 Story
  • Room Type: See Remarks, Atrium
  • Bedrooms Count: 4
  • Optional Bedrooms: 0
  • Baths Total: 2.0
Room
Room Information
  • Primary Bed Area: 10x20
  • Bed2Area: 10x10
  • Bed3Area: 10x10
  • Bed4Area: 10x10
  • Dining Room Area: 10x10

Property History for 721 Rainbow Crest Road

DateEvent & SourcePriceAppreciation
Oct 24, 2023

Sold

SDMLS #230012896

$691,000
Oct 24, 2023

Sold

CRMLS #230012896SD

$691,000
Oct 23, 2023

Sold

CLAW #230012896SD

$691,000
DateEvent & SourcePrice
10/24/2023

Sold

SDMLS #230012896

$691,000
10/24/2023

Sold

CRMLS #230012896SD

$691,000
10/23/2023

Sold

CLAW #230012896SD

$691,000

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

Public Records for 721 Rainbow Crest Road

Taxable ValueLand$541,008Additions$177,908Total$718,916
Tax Record2025$7,867 ($656 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,836 SqFtAbove Grade Finished SqFt1,836 SqFtLot Size396,396 SqFtStyleSingle Family ResidenceYear Built1977Year Renovated1977ZoningA70CountySAN DIEGOAPN110-270-11-00

Schools near 721 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: 721 Rainbow Crest Road, Fallbrook, CA 92028
$691,000
4
1,836
396,396
2
5
648
129,373
3
2
1,152
199,505
1,608
234,788
$440,000
7,596,864
$185,000
727,887

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 Cal Mutual Inc., Shane Dailey, DRE #01484412

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.