For sale

Listing Provided by: CENTURY 21 Affiliated

$1,250,000

1996 Rainbow Glen Rd, Fallbrook, CA 92028

2beds

2,442sqft

Est.:

Single Family Residence

Built in 1988

3.12 Acres Lot

$-- Zestimate^®

$512/sqft

$-- HOA

What's special

Mature dragon fruit treesPanoramic views

Welcome to this breathtaking Dragonfruit Farm and View Estate in beautiful Fallbrook, San Diego County. This incredible property features approximately 1,500 mature dragon fruit trees—with room to expand up to 10,000. Nestled on the land is a gorgeous, estimated 2,440 sq. ft. home with panoramic views—perfect for peaceful living or generating monthly rental income. Whether you're looking to invest, farm, or find your dream family retreat, this property is packed with potential.

291 days

596

10

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1
Main level bedrooms: 2

Rooms

Room types: Bedroom, Entry/Foyer, Kitchen, Living Room, Other

Bedroom

Features: Multi-Level Bedroom

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Inside, Laundry Room

Features

Balcony, Storage
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 2,442 sqft

Video & virtual tour

Property

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None
Fencing: Chain Link
Has view: Yes
View description: Canyon, Mountain(s), Orchard, Panoramic

Lot

Size: 3.12 Acres
Features: 0-1 Unit/Acre

Details

Parcel number: 1023004100
Zoning: A70
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Composition,Shingle

Condition

New construction: No
Year built: 1988

Utilities & green energy

Sewer: Septic Type Unknown
Water: Public
Utilities for property: Electricity Connected, Propane, Water Connected

Community & HOA

Community

Features: Mountainous, Rural, Valley
Subdivision: Fallbrook

Location

Region: Fallbrook

Financial & listing details

Price per square foot: $512/sqft
Tax assessed value: $314,945
Annual tax amount: $3,351
Date on market: 6/20/2025
Cumulative days on market: 291 days
Listing terms: Cash,Conventional
Exclusions: Propane Tank, Trailer, Open storage shed and Renters' belongings

Estimated market value

Not available

Estimated sales range

Not available

$3,987/mo

Price history

Date	Event	Price
6/20/2025	Listed for sale	$1,250,000+412.3%$512/sqft
Source: CRMLS #SW25130066 Report a problem
8/21/2009	Sold	$244,000-52.8%$100/sqft
Source: Public Record Report a problem
4/27/2009	Listing removed	--
Source: foreclosure.com Report a problem
4/23/2009	Listed for sale	--
Source: foreclosure.com Report a problem
4/20/2009	Sold	$516,504-21.1%$212/sqft
Source: Public Record Report a problem
9/26/2005	Sold	$655,000$268/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,351 +0.8%	$314,945 +2%
2024	$3,323 +2.4%	$308,770 +2%
2023	$3,244 +1.4%	$302,717 +2%
2022	$3,199 +2.6%	$296,782 +2%
2021	$3,117 -0.4%	$290,964 +1%
2020	$3,130 +5.7%	$287,981 +2%
2019	$2,961 -2%	$282,335 +2%
2018	$3,022 +2%	$276,800 +2%
2017	$2,963 +2.4%	$271,374 +2%
2016	$2,895 +1.5%	$266,054 +1.5%
2015	$2,851 +2.1%	$262,059 +2%
2014	$2,791	$256,927 +5.3%
2013	--	$244,000 -2.7%
2012	--	$250,752 +2%
2011	--	$245,836 +0.8%
2010	--	$244,000 -30.3%
2009	--	$350,000 -46.6%
2008	--	$655,972 -1.8%
2007	--	$668,100 +2%
2006	--	$655,000 +105.7%
2005	--	$318,464 +2%
2004	--	$312,220 +1.9%
2003	--	$306,498 +2%
2002	--	$300,490 +2%
2001	--	$294,599