2123 Rainbow Valley Blvd, Fallbrook, CA 92028

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Off market sep 2012 for $272K

$748,252

Est. refi paymentEst. refi $1,945/mo

•

1,136

sq ft

2123 Rainbow Valley Blvd, Fallbrook, CA 92028

About this home

2.43 Flat Usable Acres-3 Bd, 2 Ba appx. 1136 Sq ft with newer roof & recent exterior stucco. Mature landscaping with numerous trees and open areas for your horses or you name it! Unlimited potential with room for all your toys-Rv, Trailer, Workshop etc. Property is fenced with some cross fencing. Easy access to the 15 Fwy. Great Value. .. .Will not last at this price. Green truck body storage and 10x10 metal shed do not convey.

Single-familyProperty Type

1959Year Built

2.43 acresLot Size

$659Est. Price/Sq.Ft.

2 car garageParking

Listed by Tom Van Wie •DRE #01412145 • Coldwell Banker Village Prop

Bought with Thor SORENSEN •DRE #01328949 • CENTURY 21 Affiliated

Redfin checked: 2 minutes ago

•Source:CRMLS #T12095490

Redfin Estimate

$748,252

$476K since sold in September 2012$21K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3% higher than the average sale price ($727K) of 5 comparable homes.

SOLD JUN 26, 2026
$600,000
A
3 beds2 baths1,189 sq ft
31109 Shicali Ct, Temecula, CA 92592
SOLD SEP 1, 2026
$650,000
B
3 beds2 baths1,400 sq ft
5505 Rainbow Heights Rd, Fallbrook, CA 92028
Daniel Team Realty
SOLD SEP 21, 2026
$745,000
C
2 beds1.5 baths1,260 sq ft
6051 Rainbow Hts, Fallbrook, CA 92028
Allison James Estates & Homes
SOLD AUG 31, 2026
$890,000
D
3 beds3 baths1,900 sq ft
5434 Rainbow Heights Rd, Fallbrook, CA 92028
SOLD MAY 15, 2026
$749,000
E
2 beds2 baths1,382 sq ft
3360 Toyon Heights Dr, Fallbrook, CA 92028

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Earn from this home

Sell

$563,819

Est. take-home

List your home with Redfin and save $3,741

Refinance

Est. cash available

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Rent

$3,331/mo

Redfin rental estimate

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Market trends in 92028, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.8%

0.3% MoM

Median sale price

$928K

$16K MoM

Avg. days on market

58d

5 days MoM

Recently sold homes

148

4 MoM

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OPEN SUN, 12PM TO 2PM
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OPEN TODAY, 2:30PM TO 5PM
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3D WALKTHROUGH
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See all

Provided by Redfin

Sale history for 2123 Rainbow Valley Blvd

Date

Event

Price

CRMLS #T12095490

Sep 6, 2012

Sold

$272,500

$240/sq ft

Aug 3, 2012

Pending

—

Aug 1, 2012

Listed

$272,500

$240/sq ft

CRMLS #120038433

Sep 6, 2012

Sold

$272,500

$240/sq ft

Jul 30, 2012

Listed

$272,500

$240/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$3,552 (+1.2%)

$238,642 + $103,617

$342,259

2024

$3,511 (+2.5%)

$233,963 + $101,586

$335,549

2023

$3,426 (+1.4%)

$229,376 + $99,595

$328,971

2022

$3,379 (+2.7%)

$224,879 + $97,643

$322,522

2021

$3,291 (−0.4%)

$220,470 + $95,729

$316,199

2020

$3,306 (+1.9%)

$216,148 + $93,852

$310,000

2019

$3,244 (+1.7%)

$213,932 + $92,890

$306,822

2018

$3,190 (+2.0%)

$209,738 + $91,069

$300,807

2017

$3,128 (+2.4%)

$201,595 + $87,534

$289,129

2016

$3,055 (+1.6%)

$201,595 + $87,534

$289,129

2015

$3,008 (+2.2%)

$197,643 + $85,818

$283,461

2014

$2,944 (+0.8%)

$190,862 + $82,874

$273,736

2013

$2,921 (+390.8%)

$190,862 + $82,874

$273,736

2012

$595 (+2.1%)

$190,000 + $82,500

$272,500

2011

$583 (+1.0%)

$25,733 + $29,962

$55,695

2010

$577 (+0.5%)

$25,229 + $29,375

$54,604

2009

$574 (+1.8%)

$25,041 + $29,156

$54,197

2008

$565

$25,101 + $29,226

$54,327

Tax history for 2123 Rainbow Valley Blvd

Year

Property tax

Land + Additions

Assessment*

2025

$3,552 (+1.2%)

$238,642 + $103,617

$342,259

2024

$3,511 (+2.5%)

$233,963 + $101,586

$335,549

2023

$3,426 (+1.4%)

$229,376 + $99,595

$328,971

2022

$3,379 (+2.7%)

$224,879 + $97,643

$322,522

2021

$3,291 (−0.4%)

$220,470 + $95,729

$316,199

2020

$3,306 (+1.9%)

$216,148 + $93,852

$310,000

2019

$3,244 (+1.7%)

$213,932 + $92,890

$306,822

2018

$3,190 (+2.0%)

$209,738 + $91,069

$300,807

2017

$3,128 (+2.4%)

$201,595 + $87,534

$289,129

2016

$3,055 (+1.6%)

$201,595 + $87,534

$289,129

2015

$3,008 (+2.2%)

$197,643 + $85,818

$283,461

2014

$2,944 (+0.8%)

$190,862 + $82,874

$273,736

2013

$2,921 (+390.8%)

$190,862 + $82,874

$273,736

2012

$595 (+2.1%)

$190,000 + $82,500

$272,500

2011

$583 (+1.0%)

$25,733 + $29,962

$55,695

2010

$577 (+0.5%)

$25,229 + $29,375

$54,604

2009

$574 (+1.8%)

$25,041 + $29,156

$54,197

2008

$565

$25,101 + $29,226

$54,327

*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

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

2.43 Acres

Year renovated

1959

Sq. Ft.

1,136

Year built

1959

Style

Single Family Residential

County

San Diego County

APN

1024304200

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 20, 2026.

Rural Residential District

The RR Use Regulations are intended to create and enhance residential areas where agricultural use compatible with a dominant, permanent residential use is desired. Typically, the RR Use Regulations would be applied to rural or semi-rural areas where urban levels of service are not available and where large lots are desired. Various applications of the RR Use Regulations with appropriate development designators can create buffers between residential and agricultural uses, family or small farm areas, or large lot rural residential developments.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space

Property details

Parking

Parking / Garage Information
Attached Garage
# of Garage Spaces: 2

Interior

Laundry Information
Has Laundry
In Garage, In Kitchen

Bathroom Information
# of Baths (Full): 2

Room Information
All Bedrooms Down

Heating Information
Gravity Heating, Wall Heater
Has Heating

Interior Features
Levels: One

Exterior

Exterior Features
Pool Features: None

Lot Information
Lot Size Source: Assessor's Data

Property Information
Living Area Source: Assessor's Data
Parcel Number: 1024304200
Year Built Source: Assessor

Location

Neighborhood Information
Community Features: Rural

Location Information
Latitude: 33.41081200
Longitude: -117.14698800

Public facts

Beds: 3
Baths: 2.0
Sq. Ft.: 1,136
Stories: —
Lot Size: 2.43 acres
Style: Single Family Residential
Year Built: 1959
Year Renovated: 1959
County: San Diego County
APN: 1024304200

Home facts updated by county records on Aug 20, 2026

Other

Listing Information
Days Active in MLS: 5
Continuous Days Active in MLS: 5

Listing Agent Information
List Agent First Name: Tom
List Agent Last Name: Van Wie

Listing Office Information
List Office Name: Coldwell Banker Landmark Group

Selling Agent Information
Buyer Agent First Name: Thor
Buyer Agent Last Name: Sorensen

Selling Office Information
Buyer Office Name: Century 21 Award

Around this home

Schools

K - 12
Preschool & daycare

Vallecitos Elementary School

Public K-8 • Assigned • 0.2mi

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

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

8/10 Fire Factor

32% chance of being in a wildfire in next 30 years

7/10 Heat Factor

7 days above 97° expected this year, 22 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°

84°

62°

87°

63°

83°

64°

78°

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.

9.4 hrs

7.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$711,000 – $861,000

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Home values near 2123 Rainbow Valley Blvd

Data from public records.

Address	Redfin Estimate
2118 Rainbow Valley Blvd, Fallbrook, CA 2 Beds \| 2 Baths \| 2228 Sq. Ft.	$774,397
2001 Rainbow Valley Blvd, Fallbrook, CA 2 Beds \| 1 Baths \| 998 Sq. Ft.	$707,224
2029 Rainbow Valley Blvd, Fallbrook, CA 3 Beds \| 2 Baths \| 1634 Sq. Ft.	$880,199
2043 Rainbow Valley Blvd, Fallbrook, CA 2 Beds \| 1.5 Baths \| 633 Sq. Ft.	$451,683
2041 Camino Rainbow, Fallbrook, CA 1 Beds \| 1 Baths \| 936 Sq. Ft.	$681,244
2007 Camino Rainbow Apartment 2005, Fallbrook, CA 4 Beds \| 2 Baths \| 1920 Sq. Ft.	—
2061 Camino Rainbow, Fallbrook, CA 4 Beds \| 3 Baths \| 1828 Sq. Ft.	$808,532

Address	Redfin Estimate
2215 Rainbow Valley Blvd, Fallbrook, CA 2 Beds \| 1 Baths \| 952 Sq. Ft.	$650,368
2007 Rainbow Valley Blvd Apartment 11, Fallbrook, CA 8 Beds \| 4 Baths \| 2879 Sq. Ft.	—
2041 Rainbow Valley Blvd, Fallbrook, CA - Beds \| 2 Baths \| 504 Sq. Ft.	$520,641
2017 Rainbow Valley Blvd, Fallbrook, CA 2 Beds \| 2 Baths \| 1144 Sq. Ft.	—
2028 Rice Canyon Rd, Fallbrook, CA 3 Beds \| 1 Baths \| 1143 Sq. Ft.	$562,128
2030 Camino Rainbow, Fallbrook, CA 3 Beds \| 4 Baths \| 2480 Sq. Ft.	$946,365
2005-07 Camino Rainbow, Fallbrook, CA 4 Beds \| 2 Baths \| 1920 Sq. Ft.	$1,124,411

Address	Redfin Estimate
2135 Rainbow Valley Blvd, Fallbrook, CA 3 Beds \| 2 Baths \| 2339 Sq. Ft.	$815,205
2017 Rainbow Valley Blvd Apartment B, Fallbrook, CA 2 Beds \| 2 Baths \| 1144 Sq. Ft.	$573,774
2118 Rainbow Valley Blvd, Fallbrook, CA 4 Beds \| 2 Baths \| 2000 Sq. Ft.	$827,194
2055 Camino Rainbow Apartment 61, Fallbrook, CA 5 Beds \| 3 Baths \| 2247 Sq. Ft.	—
2055 Rice Canyon Rd, Fallbrook, CA 3 Beds \| 2.5 Baths \| 1486 Sq. Ft.	$700,052
2006 Camino Rainbow, Fallbrook, CA 3 Beds \| 4 Baths \| 3862 Sq. Ft.	$1,398,268

Property information provided by CRMLS when last listed in 2012. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 92028, CA

Sale history for 2123 Rainbow Valley Blvd

Tax history for 2123 Rainbow Valley Blvd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 92028

Home values near 2123 Rainbow Valley Blvd

More real estate resources