2 LEGAL PARCELS combine for this unique property in Rainbow! Parcel 1 fronts 5th Street and is . 6 acres. This parcel includes the 2314 sf home with 3 BD/2BA -fantastic completely level yard and tons of parking. The second parcel is just behind with a BARN, which has been partially converted (tile flooring, laminate flooring in loft). The parcels are being sold TOGETHER to make this an ideal property for persons with need for extra space or for a horse! Lowest price home with an ACRE. Neighborhoods: Rainbow Other Fees: 0 Sewer: Septic Installed Topography: LL
Single-familyProperty Type
1964Year Built
1 acresLot Size
$358Est. Price/Sq.Ft.
12 spacesParking
Listed by Teresa Adams•DRE #01970935• Sunshine Properties RealEstate
Bought with Samee Foster•DRE #00980338• Sunshine Properties RealEstate
2 LEGAL PARCELS combine for this unique property in Rainbow! Parcel 1 fronts 5th Street and is . 6 acres. This parcel includes the 2314 sf home with 3 BD/2BA -fantastic completely level yard and tons of parking. The second parcel is just behind with a BARN, which has been partially converted (tile flooring, laminate flooring in loft). The parcels are being sold TOGETHER to make this an ideal property for persons with need for extra space or for a horse! Rare 100% flat usable acre! The home has tile flooring throughout with a huge family room facing the backyard. The location is perfect for family with the school right down the street. Easy access to 15. GREAT opportunity to jump in now and get a great deal as remodel at it's beginning phase. Lowest price home with an ACRE.
Greater Lansing AoR #170053382
Mar 29, 2018
Sold
$460,000
$199/sq ft
Mar 29, 2018
Sold
$460,000
$199/sq ft
Mar 29, 2018
Sold
$460,000
$199/sq ft
Jan 13, 2018
Pending
—
Jan 12, 2018
Listing Removed
—
Dec 15, 2017
Price Changed
$499,900
$216/sq ft
Nov 29, 2017
Relisted
—
Nov 28, 2017
Pending
—
Oct 16, 2017
Price Changed
$524,900
$227/sq ft
Oct 12, 2017
Listed
$574,900
$248/sq ft
Oct 11, 2017
Listed
$499,900
$216/sq ft
Oct 11, 2017
Listed
$499,900
$216/sq ft
2 LEGAL PARCELS combine for this unique property in Rainbow! Parcel 1 fronts 5th Street and is .6 acres. This parcel includes the 2314 sf home with 3 BD/2BA -fantastic completely level yard and tons of parking. The second parcel is just behind with a BARN, which has been partially converted (tile flooring, laminate flooring in loft). The parcels are being sold TOGETHER to make this an ideal property for persons with need for extra space or for a horse! Lowest price home with an ACRE. Neighborhoods: Rainbow Other Fees: 0 Sewer: Septic Installed Topography: LL
Public Records
May 10, 2004
Sold
$365,000
$158/sq ft
Public Records
May 24, 2002
Sold
$257,000
$111/sq ft
CRMLS #21012876
May 24, 2002
Sold
$287,000
$124/sq ft
Feb 20, 2002
Listed
$290,000
$125/sq ft
CRMLS #981017242
Jun 28, 1999
Listing Removed
—
Jun 28, 1999
Listing Removed
—
Sep 14, 1998
Listed
$229,900
$99/sq ft
Sep 14, 1998
Listed
$229,900
$99/sq ft
Public Records
Feb 1, 1979
Sold
$37,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,709 (+1.8%)
$191,494 + $266,932
$458,426
2024
$4,626 (+2.5%)
$187,740 + $261,699
$449,439
2023
$4,513 (+1.4%)
$184,059 + $256,568
$440,627
2022
$4,450 (+2.7%)
$180,450 + $251,538
$431,988
2021
$4,332 (−0.4%)
$176,912 + $246,606
$423,518
2020
$4,351 (+1.9%)
$173,444 + $241,771
$415,215
2019
$4,268 (+5.7%)
$171,666 + $239,292
$410,958
2018
$4,039 (+8.5%)
$168,300 + $234,600
$402,900
2017
$3,722 (+17.0%)
$159,000 + $191,000
$350,000
2016
$3,182
$159,000 + $191,000
$350,000
2015
$3,180 (+0.2%)
$137,000 + $163,000
$300,000
2014
$3,173 (+21.1%)
$137,000 + $163,000
$300,000
2013
$2,620 (−30.5%)
$137,000 + $163,000
$300,000
2012
$3,768 (+2.1%)
$114,000 + $134,000
$248,000
2011
$3,689 (+1.1%)
$164,131 + $192,430
$356,561
2010
$3,648 (+0.5%)
$160,913 + $188,657
$349,570
2009
$3,629 (+1.8%)
$159,711 + $187,248
$346,959
2008
$3,566
$160,091 + $187,693
$347,784
Tax history for 5426 5th St
Year
Property tax
Land + Additions
Assessment*
2025
$4,709 (+1.8%)
$191,494 + $266,932
$458,426
2024
$4,626 (+2.5%)
$187,740 + $261,699
$449,439
2023
$4,513 (+1.4%)
$184,059 + $256,568
$440,627
2022
$4,450 (+2.7%)
$180,450 + $251,538
$431,988
2021
$4,332 (−0.4%)
$176,912 + $246,606
$423,518
2020
$4,351 (+1.9%)
$173,444 + $241,771
$415,215
2019
$4,268 (+5.7%)
$171,666 + $239,292
$410,958
2018
$4,039 (+8.5%)
$168,300 + $234,600
$402,900
2017
$3,722 (+17.0%)
$159,000 + $191,000
$350,000
2016
$3,182
$159,000 + $191,000
$350,000
2015
$3,180 (+0.2%)
$137,000 + $163,000
$300,000
2014
$3,173 (+21.1%)
$137,000 + $163,000
$300,000
2013
$2,620 (−30.5%)
$137,000 + $163,000
$300,000
2012
$3,768 (+2.1%)
$114,000 + $134,000
$248,000
2011
$3,689 (+1.1%)
$164,131 + $192,430
$356,561
2010
$3,648 (+0.5%)
$160,913 + $188,657
$349,570
2009
$3,629 (+1.8%)
$159,711 + $187,248
$346,959
2008
$3,566
$160,091 + $187,693
$347,784
*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
0.5 Acres
Year renovated
1961
Sq. Ft.
1,808
Year built
1961
Style
Single Family Residential
County
San Diego County
APN
1023402800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RR
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
Uncovered Spaces: 12
Driveway, Guest, Oversized, Converted Garage
Has Parking
# of Parking Spaces: 12
Interior
Laundry Information
Has Laundry
Gas Dryer Hookup, Area
Kitchen Information
Appliances: Gas Water Heater, Dishwasher, Built In Range
Has Appliances
Family Kitchen
Bathroom Information
# of Baths (Full): 2
Cooling Information
Central
Has Cooling
Room Information
Family Room, Kitchen, Living Room, Laundry
Fireplace Information
Living Room
Has Fireplace
Flooring Information
Tile
Heating Information
Natural Gas, Forced Air
Has Heating
Interior Features
Levels: One
Exterior
Exterior Information
Roof: Concrete
Other Structures: Barn
Fencing: Chain Link
Has Fence
Construction Materials: Stucco
Exterior Features
Patio And Porch Features: Covered, Slab
Has Patio
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Property Information
Parcel Number: 1023402800
Property Condition: Repairs Cosmetic
Total # of Stories: 1
Walk Score: 19
Year Built Source: Assessor
Location
Location Information
Latitude: 33.41422500
Longitude: -117.14453600
Other Subdivision Name: Rainbow
Directions: Cross Street: Rainbow Valley Blvd.
Subdivision Name: Fallbrook
Zoning: RR
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,808
Stories: —
Lot Size: 0.5 acres
Style: Single Family Residential
Year Built: 1961
Year Renovated: 1961
County: San Diego County
APN: 1023402800
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
Days Active in MLS: 91
Continuous Days Active in MLS: 91
Listing Agent Information
List Agent First Name: Teresa
List Agent Last Name: Adams
Listing Office Information
List Office Name: Sunshine Properties RealEstate
Selling Agent Information
Buyer Agent First Name: Samee
Buyer Agent Last Name: Foster
Selling Office Information
Buyer Office Name: Sunshine Properties RealEstate
Around this home
Schools
Vallecitos Elementary School
Public K-8 • Assigned • 0.3mi
6/10
Fallbrook High School
Public 9-12 • Assigned • 7.2mi
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
33% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 97° expected this year, 23 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.
9.4 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$787,000 – $953,000
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