MILLION DOLLAR VIEWS!!! Endless possibilities await. Single story home with a pool. Large 1.8 acres lot provides room for expansion. Panoramic views in the Hills of Rainbow Heights. Perfect place for entertaining friends or hosting large private events with a HUGE yard, pool jacuzzi, swim-up stools/bar, and large wading step for relaxing. Tons of parking and plenty of storage room. Oversized 2 Car Garage, completely finished, with laundry area. 3 Large storage outbuildings with 2 covered carports in between (Shed sizes: 12'x16', 17'x23', 16'x20'). The property boasts a grand assortment of lively foliage. Avocado, Pomegranate, Navel, Mandarin, Lemon, Kiwi, Oak, and Elegant Coral Trees. Tankless Water heater and AC. The Master features a huge walk-in closet and french doors for access to the massive outdoor covered patio! Designer bathroom with extra-large shower. Oceanview possibilities, can be seen in the property treehouse, and would certainly be seen with any second-floor additions! This Turnkey home is ready for you to move into and live on top of the world! Get a rural country feel with a convenient enough commute. This property is a once-in-a-lifetime opportunity and will not last!
Single-familyProperty Type
2005Year Built
1.82 acresLot Size
$918Est. Price/Sq.Ft.
2 car garageParking
Listed by Javier Zapien•DRE #01324983• Platinum Realty Executives
Contact: javier.zapien@gmail.com
Bought with Julie Pegg•DRE #01849975• eXp Realty of California, Inc.
MILLION DOLLAR FOREVER VIEWS!!! BEAUTIFUL, Comfortable, and welcoming 2 bedroom Single level POOL home on 1.8 ACRES with room for expansion and potential OCEAN views in the Hills of Rainbow Heights. Multiple Driveway gated entrances with tons of parking and plenty of storage room. Oversized 2 car Garage, completely finished, with laundry area. 3 Large storage outbuildings with 2 covered carports in between (Shed sizes: 12'x16', 17'x23', 16'x20'). Perfect place for Entertaining family and friends with a HUGE yard, Sparkling Oasis Pool with cascading jacuzzi, swim-up stools/bar, and large wading step for relaxing. The property boasts a grand assortment of Lively Foliage. Avocado, Pomegranate, Navel, Mandarin, Lemon, Kiwi, Oak, and Elegant Coral Trees. Tankless Water heater and AC. The inside has fresh Arctic white paint and new trim that makes every inch look spotless!! The Master comes with a huge walk-in closet and french doors for access to the massive outdoor covered patio! Designer Bathroom with extra-large shower. Oceanview possibilities, can be seen in the property treehouse, and would certainly be seen with any second-floor additions! This Turnkey home is ready for you to move into and live on top of the world! Get a rural country feel with a convenient enough commute. This property is a once-in-a-lifetime opportunity and will not last!
CRMLS #SW21088029
Jun 11, 2021
Sold
$600,000
$679/sq ft
May 13, 2021
Pending
—
May 12, 2021
Sold
$600,000
$679/sq ft
May 10, 2021
Pending
—
May 7, 2021
Listed
$499,900
$565/sq ft
Apr 28, 2021
Price Changed
$499,900
$565/sq ft
Apr 26, 2021
Coming Soon
$419,900
$475/sq ft
CRMLS #110012812
Apr 25, 2011
Sold
$247,500
$280/sq ft
Mar 2, 2011
Listed
$249,900
$283/sq ft
SDMLS #100036869
Dec 14, 2010
Listing Removed
—
Dec 14, 2010
Listing Removed
—
Dec 9, 2010
Relisted
—
Nov 15, 2010
Listing Removed
—
Oct 29, 2010
Price Changed
$209,900
$237/sq ft
Sep 27, 2010
Price Changed
$229,900
$260/sq ft
Aug 25, 2010
Price Changed
$249,900
$283/sq ft
Jul 23, 2010
Price Changed
$261,000
$295/sq ft
Jul 20, 2010
Price Changed
$275,500
$312/sq ft
Jun 18, 2010
Listed
$333,500
$377/sq ft
Jun 17, 2010
Listed
$209,900
$237/sq ft
CRMLS #61012776
Apr 14, 2006
Sold
$585,000
$662/sq ft
Feb 9, 2006
Listed
$594,500
$673/sq ft
CRMLS #31024073
Feb 27, 2004
Sold
$220,000
$249/sq ft
Apr 28, 2003
Listed
$229,900
$260/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,846 (+9.5%)
$418,200 + $489,320
$907,520
2024
$8,076 (+0.4%)
$410,000 + $411,099
$821,099
2023
$8,045 (+22.1%)
$373,000 + $374,000
$747,000
2022
$6,588 (+110.4%)
$373,000 + $374,000
$747,000
2021
$3,132 (−0.2%)
$306,000 + $306,000
$612,000
2020
$3,137 (+2.6%)
$159,355 + $133,577
$292,932
2019
$3,057 (+2.5%)
$157,722 + $132,208
$289,930
2018
$2,983 (+2.1%)
$154,630 + $129,616
$284,246
2017
$2,923 (+2.2%)
$148,627 + $124,584
$273,211
2016
$2,860 (+1.6%)
$148,627 + $124,584
$273,211
2015
$2,815 (+2.3%)
$145,713 + $122,142
$267,855
2014
$2,753 (+2.8%)
$140,714 + $117,952
$258,666
2013
$2,678 (−0.5%)
$140,714 + $117,952
$258,666
2012
$2,690 (−1.6%)
$137,332 + $115,117
$252,449
2011
$2,735 (−17.8%)
$137,332 + $115,117
$252,449
2010
$3,329 (−11.0%)
$136,000 + $114,000
$250,000
2009
$3,740 (−45.0%)
$136,000 + $114,000
$250,000
2008
$6,796
$227,000 + $123,000
$350,000
Tax history for 1027 Rainbow Crest Rd
Year
Property tax
Land + Additions
Assessment*
2025
$8,846 (+9.5%)
$418,200 + $489,320
$907,520
2024
$8,076 (+0.4%)
$410,000 + $411,099
$821,099
2023
$8,045 (+22.1%)
$373,000 + $374,000
$747,000
2022
$6,588 (+110.4%)
$373,000 + $374,000
$747,000
2021
$3,132 (−0.2%)
$306,000 + $306,000
$612,000
2020
$3,137 (+2.6%)
$159,355 + $133,577
$292,932
2019
$3,057 (+2.5%)
$157,722 + $132,208
$289,930
2018
$2,983 (+2.1%)
$154,630 + $129,616
$284,246
2017
$2,923 (+2.2%)
$148,627 + $124,584
$273,211
2016
$2,860 (+1.6%)
$148,627 + $124,584
$273,211
2015
$2,815 (+2.3%)
$145,713 + $122,142
$267,855
2014
$2,753 (+2.8%)
$140,714 + $117,952
$258,666
2013
$2,678 (−0.5%)
$140,714 + $117,952
$258,666
2012
$2,690 (−1.6%)
$137,332 + $115,117
$252,449
2011
$2,735 (−17.8%)
$137,332 + $115,117
$252,449
2010
$3,329 (−11.0%)
$136,000 + $114,000
$250,000
2009
$3,740 (−45.0%)
$136,000 + $114,000
$250,000
2008
$6,796
$227,000 + $123,000
$350,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
1.82 Acres
Year renovated
2005
Sq. Ft.
2,807
Year built
2005
Style
Single Family Residential
County
San Diego County
APN
1092701700
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
A70
Limited Agricultural Zone
The A70 Use Regulations are intended to create and preserve areas intended primarily for agricultural crop production. Additionally, a limited number of small farm animals may be kept and agricultural products raised on the premises may be processed.
Typically, the A70 Use Regulations would be applied to areas throughout the County to protect moderate to high quality agricultural land.
Permitted uses
Include but are not limited to:
Agriculture
Housing
Processing
Fire house
Police station
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
In Garage
Bathroom Information
# of Baths (Full): 1
Cooling Information
Central
Has Cooling
Room Information
All Bedrooms Down, Living Room, Main Floor Bedroom
Interior Features
Entry Level: 1
Entry Location: Front door
Levels: One
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Spa Features: Heated, In Ground, Private
Has Spa
Exterior
Exterior Information
Other Structures: Barn, Out Building, Shed, Shop, Storage Building
Exterior Features
Patio And Porch Features: Covered, Patio, Porch - Front, Slab
Has Patio
Pool Features: In Ground
Has Pool
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Back Yard, Horse Property Unimproved, Ranch, Yard
Property Information
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 1092701700
Total # of Stories: 1
Has View
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Septic Tank
Water Source: District/Public
Location
Multi-Unit Information
# of Units In Community: 1
Neighborhood Information
Community Features: Foothills, Mountainous, Hiking
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.38880400
Longitude: -117.13027600
Directions: Take Old Hwy 395 North and Rainbow Valley Blvd to Rainbow Heights Rd in Rainbow. Continue on Rainbow Heights Rd. Drive to Rainbow Crest Rd.
Zoning: AGRICULTURAL
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 2,807
Stories: —
Lot Size: 1.82 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: San Diego County
APN: 1092701700
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
IDX Contact Info: javier.zapien@gmail.com
Days Active in MLS: 19
Listing Agent Information
List Agent First Name: Javier
List Agent Last Name: Zapien
Listing Office Information
List Office Name: Platinum Realty Executives
Selling Agent Information
Buyer Agent First Name: Julie
Buyer Agent Last Name: Pegg
Selling Office Information
Buyer Office Name: eXp Realty of California, Inc.
Around this home
Schools
Vallecitos Elementary School
Public K-8 • Assigned • 2.0mi
6/10
Fallbrook High School
Public 9-12 • Assigned • 7.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
41% chance of being in a wildfire in next 30 years
5/10 Heat Factor
3 days above 96° expected this year, 7 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Fallbrook, CA • 92028
Average low and high temperatures (°F)
69
49
70
51
73
52
70
51
74
55
78
58
81
60
87
63
84
63
80
57
72
51
70
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.4 hours in
June and 7.3 hours in December, placing it above the
U.S. average for solar exposure.