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Sold for $1,567,660 on 12/26/23
  • Listing Provided by: 

    Ever Eternity DRE #01794748 eversandiego@gmail.com,

    Pacific Sotheby's Int'l Realty

    Bought with: Family Discount Realty
    $1,567,660

    482 Rainbow Crest Rd, Fallbrook, CA 92028

    6beds
    5,666sqft
    Single Family Residence
    Built in 1973
    16.77 Acres Lot
    $2,187,900 Zestimate®
    $277/sqft
    $7,936 Estimated rent

    Home value

    $2,187,900

    $1.90M - $2.54M

    $7,936/mo

    Zestimate® history
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    What's special

    Gorgeous craftsman pool home on mountain top above the clouds w/ 360 panoramic views all the way to the ocean! Comprised of two adjacent 8+ acre parcels for a total of 16.77 acres (8.6 ac main lot, and 8.17 ac vacant lot w/ separately metered water & electric), this massive estate has a paid-in-full new Tesla solar system and is tucked into the private, secluded Rainbow community of Fallbrook surrounded by gorgeous views of the towering mountains, orchards & scenery. The attached vacant lot has an expansive flat area making it an excellent building site w/ its own separate water & electric utilities already to the lot, while the conjoining main lot includes a detached 1250 sqft 1 bed/1 bath guest house/ADU with a separate downstairs living area/office & kitchenette, in addition to the lavish 4000+ sqft main house. This one of a kind, stunning upgraded property is an entertainer's dream that feels like vacation with all the premium features & resort-style amenities you could want giving you every excuse to never leave. From the paid-in-full new Tesla solar system w/ a back-up battery & generator, to the zoned central heat/AC and surround sound audio throughout inside & out, no detail has been overlooked in this amazing oasis. Pull into the private gated driveway up to the main house with a tiled front porch entry, adobe-style fireplace and grand double-doors to soaring high vaulted beamed ceilings inside. The home's main level showcases beautiful Brazilian Cherry wood flooring, a full bed/bath, and a stunning gourmet kitchen w/ all the bells & whistles including refrigerated & warmed drawers, stainless steel & custom cabinet-covered appliances, granite counters & backsplash, a spacious center island, double convection oven, automatic faucet, breakfast counter and wraparound wet bar w/ wine cooler & additional cabinetry in the breakfast area that also boasts a two-way fireplace to the formal living room. Downstairs, the separate family room is the life of the party featuring a large lava rock wet bar & fireplace, built-in Category 5 surround sound media center, wine cellar w/ dual-zone Sub-Zero full-length wine fridge, remodeled full bathroom and a finished basement area w/ its own private entry that can be used as an additional bedroom. Sit back, relax & entertain in the home's sprawling backyard that truly feels like a high-end resort vacation that you never want to leave, highlighting a glass-enclosed full bar w/ seating, custom stone waterfall, sparkling blue pool, separate jetted spa, built-in BBQ, open & covered patios/terraces, exterior-access full pool bathroom, and a built-in fire pit– all enjoyed with a jaw-dropping panoramic mountain view backdrop. On home's the top level, the primary suite features an en-suite bathroom w/ dual sinks & a beautiful granite shower, private deck access w/ a luxurious a sauna, and private rooftop patio access for the best views in the house! Every level of the home also boasts wraparound decks w/ upgraded wood panel ceilings offering breathtaking views from every angle and all the way out to the ocean on a clear day, with the guest house also including a spacious attached deck of its own. Throw in the free SD Broadband WiFi, paddleball court, storage building and workshop, the features in this home are endless and impossible to list...this house is a must-see!

    Zillow last checked: 8 hours ago

    Listing updated: January 12, 2024 at 04:28pm

    Listing Provided by:

    Ever Eternity DRE #01794748 eversandiego@gmail.com,

    Pacific Sotheby's Int'l Realty

    Bought with:

    Nick Layana, DRE #01048041

    Family Discount Realty

    Source: CRMLS,MLS#: PTP2302529MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Baseboard, Combination, Central, Electric, Forced Air, Fireplace(s), Propane, Solar, See Remarks, Zoned
    Cooling
    • Central Air, Wall/Window Unit(s), Zoned
    Appliances
    • Included: 6 Burner Stove, Built-In Range, Barbecue, Built-In, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Propane Cooktop, Propane Oven, Refrigerator, Range Hood, Self Cleaning Oven, Tankless Water Heater, Water Heater, Warming Drawer, Water Purifier, Dryer
    • Laundry: Inside, Laundry Room, See Remarks
    Features
    • Beamed Ceilings, Wet Bar, Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Tray Ceiling(s), Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Country Kitchen, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Pantry, Partially Furnished, Stone Counters, Recessed Lighting
    • Flooring: Carpet, See Remarks, Tile, Wood
    • Doors: Double Door Entry, Mirrored Closet Door(s), Panel Doors, Sliding Doors
    • Windows: Casement Window(s), Double Pane Windows, French/Mullioned, Plantation Shutters, Screens, Stained Glass, Tinted Windows
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Den, Dining Room, Family Room, Living Room, Masonry, Primary Bedroom, Multi-Sided, Outside, See Through, See Remarks
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 5,666 sqft

    Property

    Parking
    • Total spaces: 23
    • Parking features: Converted Garage, Concrete, Covered, Carport, Driveway, Private, See Remarks
    • Carport spaces: 3
    • Uncovered spaces: 20
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Front Doors
    • Patio & porch: Rear Porch, Covered, Deck, Front Porch, Open, Patio, Porch, Rooftop, See Remarks, Terrace, Tile, Wood, Wrap Around
    • Exterior features: Barbecue, Lighting, Fire Pit, Sport Court
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Propane Heat, Private, Solar Heat, See Remarks, Waterfall
    • Has spa: Yes
    • Spa features: Above Ground, Private, See Remarks
    • Fencing: Electric,Security,See Remarks,Wrought Iron
    • Has view: Yes
    • View description: Canyon, Park/Greenbelt, Hills, Meadow, Mountain(s), Neighborhood, Ocean, Orchard, Panoramic, Pasture, Rocks, Valley, Trees/Woods, Water
    • Has water view: Yes
    • Water view: Ocean,Water
    Lot
    • Size: 16.77 Acres
    • Features: Agricultural, Back Yard, Front Yard, Garden, Lot Over 40000 Sqft, Landscaped, Ranch, Rocks, Secluded, Value In Land, Yard
    Details
    • Additional structures: Guest House, Gazebo, Outbuilding, Shed(s), Sauna Private, Storage, Two On A Lot
    • Additional parcels included: 1102901800
    • Parcel number: 1102901600
    • Zoning: A-8
    • Special conditions: Standard
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Roof: Flat,Spanish Tile
    Condition
    • Additions/Alterations,Updated/Remodeled
    • Year built: 1973

    Utilities & green energy

    • Electric: 220 Volts
    • Water: Public
    • Utilities for property: Cable Not Available, Electricity Connected, Propane, See Remarks

    Community & neighborhood

    Security
    • Security features: Prewired, Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
    Community
    • Community features: Mountainous, Valley
    Location
    • Region: Fallbrook

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/26/2023Sold$1,567,660-6.4%$277/sqft
    Source: CRMLS #PTP2302529
    11/2/2023Pending sale$1,675,000$296/sqft
    Source: CRMLS #PTP2302529
    9/20/2023Price change$1,675,000-11.6%$296/sqft
    Source: CRMLS #PTP2302529
    8/17/2023Price change$1,895,000-5%$334/sqft
    Source: CRMLS #PTP2302529
    7/13/2023Listed for sale$1,995,000$352/sqft
    Source: CRMLS #PTP2302529

    Public tax history

    YearProperty taxesTax assessment
    2025$14,041 +1.1%$1,275,000 +2%
    2024$13,886 +131.2%$1,250,000 +142%
    2023$6,005 +1%$516,578 +2%

    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $2,187,900

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    Estimated market value

    $2,187,900