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For sale
  • Listing Provided by: 

    Patricia Villanueva DRE #01100323 888-294-1415,

    eXp Realty of Southern CA

    Price cut: $29K (7/17)
    $1,270,000

    1078 Rainbow Crest Rd, Fallbrook, CA 92028

    2beds
    1,967sqft
    : 
    Single Family Residence
    Built in 2002
    1.84 Acres Lot
    $1,249,700 Zestimate®
    $646/sqft
    $-- HOA

    What's special

    Saltwater poolCaptivating ocean viewsBlossoming greenhouseRefined living spaceCharming chicken coopBreathtaking viewsUpgraded ceiling fan
    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.
    122 days
    on Zillow
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    Zillow last checked: 7 hours ago

    Listing updated: July 26, 2025 at 02:39pm

    Listing Provided by:

    Patricia Villanueva DRE #01100323 888-294-1415,

    eXp Realty of Southern CA

    Source: CRMLS,MLS#: NDP2503614MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Art Studio, Bonus Room, Family Room, Game Room, Kitchen, Laundry, Living Room, Office, Retreat, Utility Room, Workshop
    Cooling
    • Central Air, Dual
    Appliances
    • Laundry: Laundry Room
    Features
    • Utility Room, Workshop
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,967 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Has private pool: Yes
    • Pool features: In Ground, Solar Heat, Salt Water
    • Has view: Yes
    • View description: Coastline, Hills, Mountain(s), Ocean, Panoramic, Pool
    • Has water view: Yes
    • Water view: Coastline,Ocean
    Lot
    • Size: 1.84 Acres
    • Features: Agricultural, Back Yard, Drip Irrigation/Bubblers, Front Yard, Garden, Lot Over 40000 Sqft, Sprinkler System
    Details
    • Parcel number: 1092700700
    • Zoning: AGRICULTURAL
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Community
    • Features: Curbs, Mountainous, Rural
    Location
    • Region: Fallbrook

    Financial & listing details

    • Price per square foot: $646/sqft
    • Tax assessed value: $677,649
    • Annual tax amount: $7,258
    • Date on market: 4/18/2025
    • Listing terms: Cash,Conventional,1031 Exchange,VA Loan
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