Nestled on 10.6 acres in Rainbow, this house offers breathtaking views to the south and immense potential. The home requires a complete rehab, making it a perfect project for those looking to customize their living space. The property includes a detached 4-car garage, providing ample storage and parking. Despite its secluded setting, the home is conveniently located just west of the 15 freeway, ensuring easy access to nearby amenities. This property is a rare opportunity to create your dream home in a serene, picturesque location. Owner is a licensed Real Estate agent
Single-familyProperty Type
1990Year Built
10.63 acresLot Size
$370Est. Price/Sq.Ft.
4 car garageParking
Listed by Jerome Stehly•DRE #01011431• Magnuson Homes & Estates
Contact: stehlyent@aol.com
Bought with Jerome Stehly•DRE #01011431• Magnuson Homes & Estates
Investor or Contractor's dream home. 10 acres located on an elevated location with panoramic views of the rolling hills. 3 bedrooms an office and 2.5 bathrooms almost 2600 square feet of living space. Family/ dinning room floor to ceiling windows provide enjoyment the panoramic mountain views and beautiful sunsets. Outside is massive walk around viewing deck to take advantage of the amazing weather and abundant privacy. 3 car garage and endless potential for this remote piece of paradise. Close enough to the hustle and bustle of city living but far enough to be away from it all. The 10 acres provides ample space to create whatever your heart desires. Home has extensive deferred maintenance. Traditional financing may not be available.
Public Records
Aug 14, 1986
Sold
$45,000
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,394 (−24.3%)
$510,000 + $102,000
$612,000
2024
$9,766 (+41.9%)
$530,604 + $159,181
$689,785
2023
$6,882 (+84.1%)
$520,200 + $156,060
$676,260
2022
$3,739 (+4.5%)
$485,000 + $146,000
$631,000
2021
$3,576 (−0.4%)
$89,704 + $235,762
$325,466
2020
$3,590 (+1.8%)
$87,946 + $231,140
$319,086
2019
$3,526 (+1.6%)
$87,045 + $228,770
$315,815
2018
$3,471 (+1.9%)
$85,339 + $224,285
$309,624
2017
$3,407
$82,026 + $215,577
$297,603
Tax history for 3437 Aspen Rd
Year
Property tax
Land + Additions
Assessment*
2025
$7,394 (−24.3%)
$510,000 + $102,000
$612,000
2024
$9,766 (+41.9%)
$530,604 + $159,181
$689,785
2023
$6,882 (+84.1%)
$520,200 + $156,060
$676,260
2022
$3,739 (+4.5%)
$485,000 + $146,000
$631,000
2021
$3,576 (−0.4%)
$89,704 + $235,762
$325,466
2020
$3,590 (+1.8%)
$87,946 + $231,140
$319,086
2019
$3,526 (+1.6%)
$87,045 + $228,770
$315,815
2018
$3,471 (+1.9%)
$85,339 + $224,285
$309,624
2017
$3,407
$82,026 + $215,577
$297,603
*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
3
Stories
2
Lot width
—
Lot depth
—
Lot size
10.63 Acres
Year renovated
1990
Sq. Ft.
2,582
Year built
1990
Style
Single Family Residential
County
San Diego County
APN
1023820600
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
# of Garage Spaces: 4
# of Parking Spaces: 4
Interior
Laundry Information
Has Laundry
Electric Dryer Hookup, Individual Room, Propane Dryer Hookup, Washer Hookup
Bathroom Information
# of Baths (Full): 2
# of Baths (1/2): 1
Room Information
Den, Family Room, Laundry
Fireplace Information
Family Room, Living Room, Primary Bedroom
Has Fireplace
Interior Features
Entry Level: 1
Entry Location: Porch
Levels: Multi/Split
Main Level Bathrooms: 25
Main Level Bedrooms: 2
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Agricultural - Other, Lot Shape-Irregular
Property Information
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 1023820600
Total # of Stories: 2
Has View
Year Built Source: Assessor
Utilities
Utilities Information
Sewer: Septic Tank
Location
Multi-Unit Information
# of Units In Community: 1
Neighborhood Information
Community Features: Rural
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.42002900
Longitude: -117.18707800
Directions: Rainbow Valley Road to Aspen road.
Zoning: Ag
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,582
Stories: 2.0
Lot Size: 10.63 acres
Style: Single Family Residential
Year Built: 1990
Year Renovated: 1990
County: San Diego County
APN: 1023820600
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
IDX Contact Info: stehlyent@aol.com
Days Active in MLS: 53
Listing Agent Information
List Agent First Name: Jerome
List Agent Last Name: Stehly
Listing Office Information
List Office Name: SimpliHOM
Selling Agent Information
Buyer Agent First Name: Jerome
Buyer Agent Last Name: Stehly
Selling Office Information
Buyer Office Name: SimpliHOM
Around this home
Schools
Places
Transit
Vallecitos Elementary School
Public K-8 • Assigned • 2.2mi
6/10
Fallbrook High School
Public 9-12 • Assigned • 5.9mi
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
38% chance of being in a wildfire in next 30 years
6/10 Heat Factor
6 days above 96° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 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 9.2 hours in
June and 7.2 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$907,000 – $1.10M
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