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!
Sold for $1,567,660
Listed by: Pacific Sotheby's Int'l Realty • Ever Eternity • Contact: 858-688-4113
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
$2,252,200 Zestimate®
$277/sqft
$7,793 Estimated rent
Home value
$2,252,200
$1.96M - $2.64M
$7,793/mo
Zestimate® history
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List your homeWhat's special
Wine cellarAdobe-style fireplacePrivate rooftop patio accessPremium featuresPrivate deck accessGorgeous views
Zillow last checked:
Listing updated:
Listed 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#: PTP2302529
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating 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
Rooms
- Room types: Attic, Bonus Room, Bedroom, Basement, Converted Bedroom, Den, Entry/Foyer, Family Room, Foyer, Game Room, Guest Quarters, Great Room, Kitchen, Laundry, Library, Loft, Living Room, Primary Bathroom, Primary Bedroom, Media Room, Office
Bathroom
- Features: Bathtub, Closet, Dual Sinks, Granite Counters, Multiple Shower Heads, Stone Counters, Remodeled, Separate Shower, Tub Shower, Upgraded
Kitchen
- Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo, Kitchenette, Pots & Pan Drawers, Stone Counters, Remodeled, Updated Kitchen
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 & HOA
Community
- Features: Mountainous, Valley
- Security: Prewired, Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $277/sqft
- Tax assessed value: $1,275,000
- Annual tax amount: $14,041
- Date on market: 5/30/2023
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: All equipment, appliances & furniture in property to convey/available (including media center TV & amp, solar, custom-size bed in basement, appliances, wine cooler, wine fridge, BBQ's, office desk, etc.)
- Exclusions: Recliner chairs
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2023 | Sold | $1,567,660-6.4%$277/sqft |
Source:  CRMLS #PTP2302529 Report a problem | ||
| 11/2/2023 | Pending sale | $1,675,000$296/sqft |
Source: CRMLS #PTP2302529 Report a problem | ||
| 9/20/2023 | Price change | $1,675,000-11.6%$296/sqft |
Source: CRMLS #PTP2302529 Report a problem | ||
| 8/17/2023 | Price change | $1,895,000-5%$334/sqft |
Source: CRMLS #PTP2302529 Report a problem | ||
| 7/13/2023 | Listed for sale | $1,995,000$352/sqft |
Source: CRMLS #PTP2302529 Report a problem | ||
| 7/13/2023 | Contingent | $1,995,000$352/sqft |
Source: CRMLS #PTP2302529 Report a problem | ||
| 6/27/2023 | Price change | $1,995,000-11.3%$352/sqft |
Source: CRMLS #PTP2302529 Report a problem | ||
| 5/31/2023 | Listed for sale | $2,250,000+581.8%$397/sqft |
Source: CRMLS #PTP2302529 Report a problem | ||
| 2/14/1997 | Sold | $330,000$58/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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% |
| 2022 | $5,946 +2.4% | $506,450 +2% |
| 2021 | $5,807 -0.2% | $496,520 +1% |
| 2020 | $5,818 +12% | $491,430 +2% |
| 2019 | $5,193 -6.5% | $481,795 +2% |
| 2018 | $5,556 +1.9% | $472,349 +2% |
| 2017 | $5,454 +2% | $463,088 +2% |
| 2016 | $5,349 +1.4% | $454,009 +1.5% |
| 2015 | $5,273 +2% | $447,190 +2% |
| 2014 | $5,168 | $438,431 +0.5% |
| 2013 | -- | $436,450 +2% |
| 2012 | -- | $427,893 +2% |
| 2011 | -- | $419,504 +0.8% |
| 2010 | -- | $416,370 -0.2% |
| 2009 | -- | $417,360 +2% |
| 2008 | -- | $409,177 +2% |
| 2007 | -- | $401,155 +2% |
| 2006 | -- | $393,290 +2% |
| 2005 | -- | $385,580 +2% |
| 2004 | -- | $378,020 +1.9% |
| 2003 | -- | $371,092 +2% |
| 2002 | -- | $363,816 +2% |
| 2001 | -- | $356,684 |
Find assessor info on the county website
Neighborhood: 92028
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GreatSchools rating
- 6/10Vallecitos Elementary SchoolGrades: K-8Distance: 2.7 mi
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Estimated market value
$2,252,200
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Estimated market value
$2,252,200
- California
- San Diego County
- Fallbrook
- 92028
- 482 Rainbow Crest Rd
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