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Sold for $725,000 on 03/28/24
  • Listing Provided by: 

    Jon Beck DRE #02050375 949-330-3539,

    Authentic Partners

    Bought with: Redfin Corporation
    $725,000

    2966 Rainbow Valley Blvd, Fallbrook, CA 92028

    3beds
    1,210sqft
    Single Family Residence
    Built in 1990
    0.67 Acres Lot
    $749,500 Zestimate®
    $599/sqft
    $3,202 Estimated rent

    Home value

    $749,500

    $712,000 - $787,000

    $3,202/mo

    Zestimate® history
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    What's special

    Welcome to 2966 Rainbow Valley! Nestled behind a private gate, this home is one of a kind with its terraced landscaping hosting a 2-bedroom 1 bath main home and a 1 bedroom 1-bathroom ADU with a kitchenette and in unit laundry. The main house features two cozy bedrooms, each offering a comfortable space for relaxation and rest. These bedrooms offer ample natural light and well thought out storage solutions. The single bathroom in the main house is designed for efficiency and style which includes modern fixtures and a completely redone shower to create a spa-like atmosphere. The kitchen is a focal point of the main house and has undergone upgrades for both functionality and aesthetics. With Quartz countertops and stylish cabinetry, the kitchen was designed to optimize space and create a pleasant cooking and dining experience. The main house living room boasts a beautiful fireplace with a stone mantle providing an area for both relaxation and entertainment. The ADU is a separate living space, complete with a private bedroom, bathroom and kitchen equipped with essential appliances. This can serve as a guest room, a home office, or a potential rental unit. The property offers multiple entertaining areas with the terraced landscape creating numerous spaces for whatever the occasion may be. Due to the layout, the exterior offers plenty of parking not only for guests but also parking for RVs, boats, or any other toys! Water and electric hookups for RV parking. Worried about rising utility costs? This home has 42 PAID OFF SOLAR PANELS and state of the art heating and cooling capabilities. Wanting to explore your inner green thumb? This property has 3 pomegranates, 3 lemons, 2 lime, 1 orange, 1 blood orange, 1 grapefruit, 1 loquat and 1 cherimoya tree which all produce. This property layout is not only functional but also versatile, offering various possibilities for living arrangements, such as accommodating extended family members, hosting guests, or generating rental income from the ADU. The combination of a well-upgraded main house and a separate ADU adds flexibility and value to the overall property. Come and see the "Secret Garden" today!

    Zillow last checked: 8 hours ago

    Listing updated: March 28, 2024 at 05:59pm

    Listing Provided by:

    Jon Beck DRE #02050375 949-330-3539,

    Authentic Partners

    Bought with:

    John Copeland, DRE #01963958

    Redfin Corporation

    Source: CRMLS,MLS#: OC24001473MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Range, Freezer, Microwave, Refrigerator, Water To Refrigerator, Water Heater
    • Laundry: Inside, Outside, Stacked
    Features
    • Built-in Features, Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Walk-In Pantry
    • Flooring: Laminate, Stone, Tile
    • Doors: Mirrored Closet Door(s)
    • Windows: Double Pane Windows, Drapes
    • Has fireplace: Yes
    • Fireplace features: Electric, Living Room, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,210 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Driveway, On Site, Oversized, Private, RV Hook-Ups, RV Access/Parking
    • Uncovered spaces: 6
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home, No Stairs
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door(s)
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.67 Acres
    • Features: 0-1 Unit/Acre, Sloped Down, Irregular Lot, Sprinkler System
    Details
    • Parcel number: 1022304500
    • Zoning: A70
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Electric: Photovoltaics Seller Owned
    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security Gate
    Community
    • Community features: Biking, Rural
    Location
    • Region: Fallbrook
    • Subdivision: Fallbrook

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/28/2024Sold$725,000$599/sqft
    Source: CRMLS #OC24001473
    3/4/2024Pending sale$725,000$599/sqft
    Source: CRMLS #OC24001473
    2/23/2024Listed for sale$725,000$599/sqft
    Source: CRMLS #OC24001473
    2/21/2024Pending sale$725,000+22.5%$599/sqft
    Source: CRMLS #OC24001473
    4/13/2021Sold$592,000+39.3%$489/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2025$7,739 +17.5%$739,500 +17.7%
    2024$6,587 +2.5%$628,234 +2%
    2023$6,425 +1.4%$615,916 +2%

    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $749,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $749,500