So many options with this tastefully remodeled property on just over 3/4 of an acre! Boasting 4 bedrooms w/ an optional 5th bedroom and 3 full bathrooms. The lower level has a separate entrance, kitchenette, 2 large rooms and a bathroom and can be used so many ways, such as a mother-in-law quarters, multigenerational space, bonus room, craft room, play/game room, man cave, family room or get creative! Upstairs is the main living space featuring an open floor plan starting in the living room w/ new custom built-in bookshelves on either side of the fireplace opening to a gorgeous kitchen w/ beautiful cabinets, custom backsplash, quartz counters, a large island, and stainless steel appliances. The adjoining dining room looks out onto a new custom-built 20' x 20' composite deck with tension cables and built-in floor lights with access from 3 different sets of stairs! You'll enjoy relaxing, entertaining, or drinking your morning coffee on this deck. It's a great way to start and end your day! Just down the hall off the main living area, you'll find 3 bedrooms and 2 bathrooms. You'll love the large primary bedroom and walk-in closet, but wait until you enter the en suite bath through a stylish barn door to enjoy an oversized shower and dual sinks. The following is new or newer in the last 6 - 24 months: faux wood blinds throughout, deck, flooring, dual-pane windows, roof, plumbing, electrical & lighting fixtures, ceiling fans, HVAC, electrical panel, and whole house generator. Step outside and be amazed at how much space you have on this just over 3/4 acre lot where you can build a pool, raise some animals, build a shop, ADU, or pole barn, or use for RV parking. The detached 2-car garage has a custom automatic garage door and extra storage overhead and there is ample parking in the two paved driveways. Living here offers residents a suburban rural mix feel in this unincorporated area of Fallbrook known as Rainbow.
Single-familyProperty Type
1984Year Built
0.8 acresLot Size
$442Est. Price/Sq.Ft.
2 car garageParking
Listed by Debra Osborne•DRE #01176927• Radius Agent Realty
Bought with Patricia Villanueva•DRE #01100323• eXp Realty of California, Inc
Bought with Eddie Lagunas•DRE #01273510• eXp Realty of California, Inc
REMODELED, USEABLE LAND, & GUEST SUITE. .. With over $155K invested in the remodel, this professionally designed home sits on . 75 acres & offers 4 bedrooms w/ an additional optional bedroom and 3 full bathrooms. The downstairs can be used as a guest house or mother-in-law quarters, as it features a kitchenette, full bath, 2 large rooms, and separate entrance. The home boasts a gorgeous kitchen w/ new cabinets, quartz counters, spacious island, black stainless appliances, and a custom backsplash. The master suite offers a stylish remodeled bathroom w/ an oversized shower, dual sinks & a walk in closet. The home also features new flooring throughout the entire home, remodeled bathrooms, upgraded base & casing, new windows, a new roof, new plumbing & electrical fixtures, newer HVAC, & new lighting fixtures. Step outside & enjoy over 3/4 of an acre with plenty of room for a pool, space to entertain, raise animals, build a shop, and RV parking. Come see the best Fallbrook has to offer. * * * NOTE the custom garage door and opener will be installed in 2 weeks * * *
CRMLS #ND21001454
Feb 18, 2021
Sold
$472,500
$223/sq ft
Jan 16, 2021
Pending
—
Jan 4, 2021
Listed
$450,000
$213/sq ft
THIS PROPERTY IS NO LONGER AVAILABLE FOR SHOWINGS> There is plenty or room to roam on this gentle . 80 acre parcel located in the rural community of Rainbow in North San Diego County. This property has the potential to be completely sustainable with room for grove, vegetable gardens and barnyard animals, bring on the 4H projects!! Looking for a quiet lifestyle? Rainbow is an agricultural community with multiple nurseries yet freeway close with an easy commute via I-15 to San Diego or Temecula. Award winning Vallecitos Elemntry School is just blocks away!
Public Records
May 22, 1975
Sold
$16,000
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,967 (+1.2%)
$639,657 + $341,438
$981,095
2024
$9,848 (+20.8%)
$627,115 + $334,744
$961,859
2023
$8,150 (+1.4%)
$614,819 + $328,181
$943,000
2022
$8,034 (+649.5%)
$515,391 + $275,108
$790,499
2021
$1,072 (+6.9%)
$505,286 + $269,714
$775,000
2020
$1,003 (+2.0%)
$23,242 + $76,390
$99,632
2019
$983 (+1.8%)
$23,004 + $75,607
$98,611
2018
$966 (+2.2%)
$22,553 + $74,125
$96,678
2017
$945 (+2.7%)
$21,678 + $71,248
$92,926
2016
$920 (+1.7%)
$21,678 + $71,248
$92,926
2015
$905 (+2.3%)
$21,253 + $69,851
$91,104
2014
$885 (+0.7%)
$20,524 + $67,455
$87,979
2013
$878 (+1.6%)
$20,524 + $67,455
$87,979
2012
$865 (+2.2%)
$20,432 + $67,151
$87,583
2011
$846 (+1.1%)
$20,032 + $65,835
$85,867
2010
$837 (+0.5%)
$19,640 + $64,545
$84,185
2009
$832 (+1.9%)
$19,494 + $64,063
$83,557
2008
$817
$19,541 + $64,216
$83,757
Tax history for 5450 Rainbow Heights Rd
Year
Property tax
Land + Additions
Assessment*
2025
$9,967 (+1.2%)
$639,657 + $341,438
$981,095
2024
$9,848 (+20.8%)
$627,115 + $334,744
$961,859
2023
$8,150 (+1.4%)
$614,819 + $328,181
$943,000
2022
$8,034 (+649.5%)
$515,391 + $275,108
$790,499
2021
$1,072 (+6.9%)
$505,286 + $269,714
$775,000
2020
$1,003 (+2.0%)
$23,242 + $76,390
$99,632
2019
$983 (+1.8%)
$23,004 + $75,607
$98,611
2018
$966 (+2.2%)
$22,553 + $74,125
$96,678
2017
$945 (+2.7%)
$21,678 + $71,248
$92,926
2016
$920 (+1.7%)
$21,678 + $71,248
$92,926
2015
$905 (+2.3%)
$21,253 + $69,851
$91,104
2014
$885 (+0.7%)
$20,524 + $67,455
$87,979
2013
$878 (+1.6%)
$20,524 + $67,455
$87,979
2012
$865 (+2.2%)
$20,432 + $67,151
$87,583
2011
$846 (+1.1%)
$20,032 + $65,835
$85,867
2010
$837 (+0.5%)
$19,640 + $64,545
$84,185
2009
$832 (+1.9%)
$19,494 + $64,063
$83,557
2008
$817
$19,541 + $64,216
$83,757
*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
4
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
0.8 Acres
Year renovated
1984
Sq. Ft.
2,117
Year built
1984
Style
Single Family Residential
County
San Diego County
APN
1026301400
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: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Included