Wow! Million dollar views at less than half the cost! Perched atop a quiet hill, you can see all the way to the ocean. Secluded acreage with 2 additional building pads, and one additional septic system! Home is completely turnkey, with so much remodeled! New paint, new floors, new granite kitchen. This adorable home even has the little white picket fence! Spacious family room loaded with windows to take in the panoramic views, and is open to the dining room and remodeled kitchen. Master bedroom, bathroom, and guest room with french doors out to a serene deck with private built in spa overlooks the incredible land. 2 car garage, multiple fenced yards, fruit trees. Down below, 2 finished pads and extra septic system is ready for expansion! Home is completely turnkey. This property is truly unique. Opportunities like this seldom come on the market. Don't let it pass you by! Low tax rate and no HOA's. Located less than 5 minutes to the freeway for easy commutes. 10 minutes to the heart of Temecula.
Single-familyProperty Type
1955Year Built
1.6 acresLot Size
$745Est. Price/Sq.Ft.
2 car garageParking
Listed by Goran Forss•DRE #01711806• Team Forss Realty Group
Listed by Matthew Tibbetts•DRE #01911091• Team Forss Realty Group
Bought with OUT OF AREA TEM BRD•DRE #01480430• Src Non-mls
New Deck, new paint, new carpet, new hardwood floor, Calderas Jacuzzi, upgraded electrical panel 200 amp, new central heating & cooling Wi-Fi thermostat allows for remote access via smartphone or computer, WI FI security cameras, all walls and ceiling soundproof, Two additional lot on the property one lot is ready for a second home to be build, lot has separate driveway, power line, phone line, water and gas line.
Standard sale. Cute stick built cottage on 1.6 acres with 280 degree views to die for. Fruit trees on private yard. Detached two car garage. Shared driveway with another lovely home and country living.
CRMLS #SW13000441
Feb 19, 2013
Sold
$240,000
$251/sq ft
Jan 14, 2013
Pending
—
Jan 2, 2013
Listed
$259,900
$272/sq ft
Standard sale – Cute stick built cottage on 1.6 acres with 280 degree views to die for. Fruit trees on private yard. Detached two car garage. Shared driveway with another lovely home – added security and peace of mind – and country living. New paint, new carpet, and new bathtub scheduled for first or second week of January – Investors or owner occupied buyers – purchase now and receive a $7,500 credit.
CRMLS #T09069594
Sep 11, 2009
Sold
$173,500
$181/sq ft
Jul 6, 2009
Listing Removed
—
Jun 26, 2009
Listed
$174,900
$183/sq ft
SDMLS #1
Apr 1, 2009
Price Changed
$209,900
$220/sq ft
CRMLS #T09035718
Apr 22, 2009
Listing Removed
—
Mar 26, 2009
Listed
$249,900
$261/sq ft
SDMLS #90018774
Apr 15, 2009
Listing Removed
—
Mar 26, 2009
Listed
$209,900
$220/sq ft
Public Records
Dec 16, 2005
Sold
$454,000
$475/sq ft
Public Records
Dec 17, 1978
Sold
$20,000
$21/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,176 (+1.7%)
$325,543 + $177,566
$503,109
2024
$5,091 (+2.5%)
$319,160 + $174,085
$493,245
2023
$4,968 (+1.4%)
$312,902 + $170,672
$483,574
2022
$4,899 (+2.7%)
$306,767 + $167,326
$474,093
2021
$4,770 (−0.4%)
$300,752 + $164,046
$464,798
2020
$4,791 (+1.9%)
$294,855 + $160,830
$455,685
2019
$4,699 (+1.7%)
$291,832 + $159,181
$451,013
2018
$4,622 (+27.5%)
$286,110 + $156,060
$442,170
2017
$3,625 (+2.4%)
$245,026 + $100,891
$345,917
2016
$3,538 (+1.6%)
$245,026 + $100,891
$345,917
2015
$3,483 (+35.2%)
$240,222 + $98,913
$339,135
2014
$2,577 (+32.1%)
$170,771 + $70,317
$241,088
2013
$1,951 (+1.5%)
$170,771 + $70,317
$241,088
2012
$1,923 (+2.1%)
$104,823 + $77,044
$181,867
2011
$1,884 (+1.1%)
$102,768 + $75,534
$178,302
2010
$1,864 (−39.5%)
$100,753 + $74,053
$174,806
2009
$3,083 (−33.0%)
$100,000 + $73,500
$173,500
2008
$4,598
$272,000 + $28,000
$300,000
Tax history for 5467 Rainbow Heights Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,176 (+1.7%)
$325,543 + $177,566
$503,109
2024
$5,091 (+2.5%)
$319,160 + $174,085
$493,245
2023
$4,968 (+1.4%)
$312,902 + $170,672
$483,574
2022
$4,899 (+2.7%)
$306,767 + $167,326
$474,093
2021
$4,770 (−0.4%)
$300,752 + $164,046
$464,798
2020
$4,791 (+1.9%)
$294,855 + $160,830
$455,685
2019
$4,699 (+1.7%)
$291,832 + $159,181
$451,013
2018
$4,622 (+27.5%)
$286,110 + $156,060
$442,170
2017
$3,625 (+2.4%)
$245,026 + $100,891
$345,917
2016
$3,538 (+1.6%)
$245,026 + $100,891
$345,917
2015
$3,483 (+35.2%)
$240,222 + $98,913
$339,135
2014
$2,577 (+32.1%)
$170,771 + $70,317
$241,088
2013
$1,951 (+1.5%)
$170,771 + $70,317
$241,088
2012
$1,923 (+2.1%)
$104,823 + $77,044
$181,867
2011
$1,884 (+1.1%)
$102,768 + $75,534
$178,302
2010
$1,864 (−39.5%)
$100,753 + $74,053
$174,806
2009
$3,083 (−33.0%)
$100,000 + $73,500
$173,500
2008
$4,598
$272,000 + $28,000
$300,000
*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
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
1.6 Acres
Year renovated
1955
Sq. Ft.
956
Year built
1955
Style
Single Family Residential
County
San Diego County
APN
1026302700
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
Bathroom Information
# of Baths (Full): 1
Cooling Information
Central
Has Cooling
Room Information
All Bedrooms Down
Flooring Information
Carpet
Heating Information
Central Furnace
Has Heating
Interior Features
Levels: One
Main Level Bathrooms: 1
Main Level Bedrooms: 2
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre
Property Information
Common Walls: No Common Walls
Parcel Number: 1026302700
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Engineered Septic
Water Source: District/Public
Location
Homeowners Association
Association Fee Frequency: Monthly
Neighborhood Information
Community Features: Rural
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.40717700
Longitude: -117.14359300
Directions: Rice Canyon Road
Zoning: A
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 956
Stories: —
Lot Size: 1.6 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1955
County: San Diego County
APN: 1026302700
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
Days Active in MLS: 54
Continuous Days Active in MLS: 54
Listing Agent Information
List Agent First Name: Goran
List Agent Last Name: Forss
Co-List Agent First Name: Matthew
Co-List Agent Last Name: Tibbetts
Listing Office Information
List Office Name: Allison James Estates & Homes
Co-List Office Name: Allison James Estates & Homes
Selling Agent Information
Buyer Agent First Name: OUT OF AREA
Buyer Agent Last Name: TEM BRD
Selling Office Information
Buyer Office Name: Src Non-mls
Around this home
Schools
Places
Transit
Vallecitos Elementary School
Public K-8 • Assigned • 0.5mi
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
35% 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
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
$677,000 – $820,000
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