NEW 23 HRS AGO

Listed by Omar Ortiz •DRE #02056548 • My Realty Company, Inc.

For sale

$749,000

Est. $5,037/mo —

•

888

sq ft

5521 Rainbow Heights Rd, Fallbrook, CA 92028

About this home

Nearly two acres of elevated Fallbrook Heights land with no HOA, no restrictions on yourvision, and a turnkey 2015-built cottage ready the day you close -- that is the opportunityat 5521 Rainbow Heights Rd. The 1.95-acre parcel sits in the Rainbow Heights corridor ofFallbrook, California's legendary avocado and citrus country, where acreage with thiscombination of usable land, modern construction, and zero HOA constraints is genuinely rare. The 888 sq ft single-family residence, built in 2015 and in nearly new condition, provides a clean, livable anchor while you plan what comes next -- whether that is anADU, an orchard, a hobby farm, outbuildings, or simply the privacy and elbow room that anear-two-acre elevated parcel delivers. The lot scale, the Fallbrook Heights topography, and the absence of HOA oversight are the story here; the move-in-ready cottage is thebonus. Gross rent estimate of approximately $3,716/month supports an investor or househack angle for a cash or portfolio-lender buyer. Cash buyers and land-savvybuyers with portfolio financing are best positioned. Verify all details independently.

Single-familyProperty Type

2015Year Built

1.95 acresLot Size

$843Price/Sq.Ft.

Listing updated: Oct 16, 2026 at 04:09am

Redfin checked: 2 minutes ago

•Source:CRMLS #V1-39305

Payment calculator

$5,037 per month

Principal and interest$4,139

Property taxes

$780

HOA dues

Home insurance

$119

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 11AM TO 2PM
$625,000
4 beds2.5 baths1,480 sq ft
35103 Grove Trl, Fallbrook, CA 92028
OPEN SAT, 11AM TO 3PM
$849,900
3 beds3 baths1,841 sq ft
41948 Vardon, Temecula, CA 92591
Acevedo Real Estate Professionals
REDFIN OPEN SAT, 12PM TO 3PM3D & VIDEO TOUR
$840,000
3 beds3 baths2,365 sq ft
32821 Vine St, Temecula, CA 92592
OPEN SAT, 12PM TO 3PM
$649,999
4 beds2.5 baths1,901 sq ft
41860 Skywood, Temecula, CA 92591
REDFIN OPEN SAT, 1PM TO 3PM3D WALKTHROUGH
$975,000
3 beds3 baths2,680 sq ft
4488 La Canada Rd, Fallbrook, CA 92028
REDFIN OPEN SAT, 1PM TO 4PM3D WALKTHROUGH
$670,000
4 beds2 baths1,524 sq ft
41441 Avenida De La Reina, Temecula, CA 92592
OPEN SAT, 1PM TO 3PM
$529,900
2 beds2 baths1,389 sq ft
2542 Los Cerritos Ln, Fallbrook, CA 92028
OPEN SAT, 1PM TO 4PM3D WALKTHROUGH
$250,000
3 beds2 baths1,416 sq ft
26311 Jackson Ave Spc 51, Murrieta, CA 92563
OPEN SAT, 1PM TO 4PMVIDEO TOUR
$830,000
5 beds2.5 baths2,258 sq ft
45794 Corte Lerma, Temecula, CA 92592
Allison James Estates & Homes
OPEN SAT, 1PM TO 3PM
$949,500
3 beds3 baths2,697 sq ft
1427 El Nido Dr, Fallbrook, CA 92028

Around this home

Schools

K - 12
Preschool & daycare

Vallecitos Elementary School

Public K-8 • Assigned • 0.7mi

6/10

Fallbrook High School

Public 9-12 • Assigned • 7.1mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

5521 Rainbow Heights Rd · $749,000

DAYS ON MARKET

The average home goes pending in 28 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median sale price in this area is $1,065,796. (42% higher than this home)

PRICE DROP

22% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Crown molding
Ceiling fan
Open floor plan
Living room deck access
Energy Star doors
French doors
Sliding glass doors
Double-door entry
Drapes and curtains
Blinds
Walk-in closet

Bedrooms
Main-floor bedroom

Bathrooms
1 full bathroom
Bathtub and shower

Kitchen
Microwave
Refrigerator
Dishwasher
Gas and electric range
Tankless water heater
Formal dining room
Remodeled kitchen with granite counters and pot-and-pan drawers
Kitchen opens to the family room

Laundry & utility
Inside laundry

Flooring
Tile flooring

Heating & cooling
Propane heating
Central cooling

Sale and tax history for 5521 Rainbow Heights Rd

Sale History
Tax History

Date

Event

Price

CRMLS #V1-39305

Oct 15, 2026

Listed

$749,000

$843/sq ft

Public Records

Mar 6, 2024

Sold

$45,000

$51/sq ft

SDMLS #230020222

Mar 6, 2024

Sold

$702,000

$791/sq ft

Oct 24, 2023

Pending

—

Oct 12, 2023

Listed

$699,000

$787/sq ft

+31

PRIVATE oasis on a hilltop with VIEWS 1.95 acres. Bright open-concept living room with large windows. Sleek kitchen with ample counter space. Built in 2015, LED lights throughout, water softener, high ceilings, and all appliances included. Wake up to views from the bedroom and enjoy entertaining guests on the patio deck overlooking Rainbow Valley. Two sheds located on the property. One with a half bath. Other for storage. Enjoy the blood oranges, avocados, and guavas on this one of a kind location. The land has unlimited potential. NO HOA NO MELLO-ROOS.

CRMLS #NDP2300688

Feb 6, 2023

Sold

$665,000

$749/sq ft

Feb 4, 2023

Pending

—

Jan 28, 2023

Listed

$649,000

$731/sq ft

This hilltop home has breathtaking views from every room. The kitchen and living space have an inviting open-concept floor plan, while the master bedroom offers privacy from the main living area. The expansive back patio overlooks Rainbow Valley with an ocean view peaking through the horizon in the distance. Stunning panoramic sunsets are one of the many great features of this residence. Multiple fruit trees scatter the property, including blood oranges, avocados, and guavas. There is unlimited potential for expansion on the house itself and space for ADUs as well. There are two sheds; one, which is currently set up as a small office space with its own half bath and a second larger shed for extra storage. This newly built (2015) modern-style house offers unmatched solitude and tranquility, making it a rare gem in busy San Diego county.

Public Records

Oct 19, 2021

Sold

$555,000

$625/sq ft

CRMLS #180047035

Dec 21, 2018

Pending

—

Oct 16, 2018

Sold

$435,000

$490/sq ft

Oct 16, 2018

Sold

$435,000

$490/sq ft

Sep 14, 2018

Pending

—

Sep 14, 2018

Listing Removed

—

Sep 6, 2018

Price Changed

$475,000

$535/sq ft

Aug 22, 2018

Listed

$475,000

$535/sq ft

Aug 22, 2018

Listed

$495,000

$557/sq ft

Public Records

Oct 16, 2018

Sold

$435,000

$490/sq ft

Public Records

Apr 18, 2014

Sold

$150,000

$169/sq ft

CRMLS #120012608

Aug 10, 2012

Listing Removed

—

Mar 8, 2012

Listed

$225,000

$253/sq ft

Feb 10, 2012

Listed

$225,000

$253/sq ft

Public Records

Apr 29, 2003

Sold

$90,000

$101/sq ft

Public Records

May 15, 1978

Sold

$50,000

$56/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,501 (+5.2%)

$499,392 + $230,968

$730,360

2024

$7,127 (+20.2%)

$489,600 + $226,440

$716,040

2023

$5,931 (+1.4%)

$453,896 + $224,403

$678,299

2022

$5,848 (+26.3%)

$378,816 + $187,283

$566,099

2021

$4,632 (−0.4%)

$371,389 + $183,611

$555,000

2020

$4,652 (+2.0%)

$299,985 + $148,309

$448,294

2019

$4,562 (+54.4%)

$296,910 + $146,789

$443,699

2018

$2,955 (+2.1%)

$291,089 + $143,911

$435,000

2017

$2,895 (+2.5%)

$184,325 + $91,128

$275,453

2016

$2,825 (+3.1%)

$184,325 + $91,128

$275,453

2015

$2,739 (+135.5%)

$180,711 + $89,342

$270,053

2014

$1,163 (+0.7%)

$105,110

2013

$1,155 (+1.4%)

$105,110

2012

$1,139 (+2.0%)

$104,635

2011

$1,116 (+1.1%)

$102,584

2010

$1,104 (+0.5%)

$100,573

2009

$1,099 (+1.7%)

$99,822

2008

$1,081

$100,060

Public record

Public record
Zoning

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

1.95 Acres

Year renovated

2015

Finished Sq. Ft.

888

Unfinished Sq. Ft.

—

Total Sq. Ft.

888

Year built

2015

Style

Single Family Residential

County

San Diego County

APN

1026306600

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

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

8/10 Fire Factor

39% chance of being in a wildfire in next 30 years

6/10 Heat Factor

6 days above 98° expected this year, 18 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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

89/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Fallbrook. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.9 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5521 Rainbow Heights Rd

$743,206

$5,794 under list price of $749K

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $650K to $910K.

SOLD SEP 21, 2026
$745,000 Last sold price
2 beds1.5 baths1,260 sq ft
6051 Rainbow Hts, Fallbrook, CA 92028
Allison James Estates & Homes
$252/sq ft
larger lot
41 years older
SOLD SEP 1, 2026
$650,000 Last sold price
3 beds2 baths1,400 sq ft
5505 Rainbow Heights Rd, Fallbrook, CA 92028
Daniel Team Realty
$379/sq ft
smaller lot
36 years older
SOLD MAY 15, 2026
$749,000 Last sold price
2 beds2 baths1,382 sq ft
3360 Toyon Heights Dr, Fallbrook, CA 92028
$301/sq ft
smaller lot
37 years older
SOLD SEP 8, 2026
$675,000 Last sold price
3 beds2 baths1,189 sq ft
31125 Shicali Ct, Temecula, CA 92592
$275/sq ft
smaller lot
24 years older
SOLD MAY 6, 2026
$910,000 Last sold price
Land— sq ft
1719 Rainbow Valley Blvd, Fallbrook, CA 92028
larger lot

Rental earnings

Est. $2,301 per month, based on comparable rentals

Tour this home with a Redfin agent.

Tour for free, no strings attached

Make a winning offer with the help of a local agent

Ask a question

(760) 501-2794

Early Access listings

EARLY ACCESSREDFIN COMING SOON

$1,025,000

2 beds2.5 baths1,351 sq ft

12613 El Camino Real Unit B, San Diego, CA 92130

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$839,000

3 beds3 baths2,517 sq ft

44830 Del Dios Cir, Indian Wells, CA 92210

EARLY ACCESSCOMPASS COMING SOON

$2,949,000

5 beds4 baths3,210 sq ft

8006 Nardian Way, Westchester, CA 90045

EARLY ACCESSCOMPASS COMING SOON

$520,000

1 bed1 bath900 sq ft

1155 S Grand Ave #806, Los Angeles, CA 90015

EARLY ACCESSREDFIN COMING SOON

$575,000

2 beds2 baths1,375 sq ft

1422 Guzman Ln, Palm Springs, CA 92262

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$1,700,000

5 beds3 baths2,183 sq ft

5413 E The Toledo, Long Beach, CA 90803

Nearby similar homes

$1,079,000

1 bed1 bath908 sq ft

2125 Puerto Del Mundo, Fallbrook, CA 92028

$1,568,000

3 beds2 baths1,536 sq ft

35916 Rice Canyon Rd, Fallbrook, CA 92028

$1,600,000

4 beds3.5 baths2,000 sq ft

2864 Live Oak Park, Fallbrook, CA 92028

Fairway and Ranch Realty

$3,999,000

4 beds3 baths2,568 sq ft

6036 Rainbow Heights Rd, Fallbrook, CA 92028

VIDEO TOUR

$1,899,000

7 beds4 baths3,983 sq ft

47830 Rainbow Glen Rd, Fallbrook, CA 92592

OPEN SUN, 1PM TO 4PMVIDEO TOUR

$1,595,000

4 beds2 baths2,647 sq ft

2278 Lindsey Ct, Fallbrook, CA 92028

New listings for sale in 92028

$1,199,900

4 beds3 baths2,100 sq ft

210 Rancho Camino, Fallbrook, CA 92028

Top Tier Realty

NEW 2 HRS AGO

$1,199,000

4 beds3 baths2,949 sq ft

2890 Vista Del Rio, Fallbrook, CA 92028

AARE

OPEN SAT, 1PM TO 3PM

$529,900

2 beds2 baths1,389 sq ft

2542 Los Cerritos Ln, Fallbrook, CA 92028

OPEN SAT, 11AM TO 2PM

$625,000

4 beds2.5 baths1,480 sq ft

35103 Grove Trl, Fallbrook, CA 92028

OPEN SAT, 1PM TO 3PM

$949,500

3 beds3 baths2,697 sq ft

1427 El Nido Dr, Fallbrook, CA 92028

$1,198,747

4 beds2.5 baths2,862 sq ft

1352 Tierra Roja Dr, Fallbrook, CA 92028

Compass

VIDEO TOUR

$1,899,000

7 beds4 baths3,983 sq ft

47830 Rainbow Glen Rd, Fallbrook, CA 92592

OPEN TODAY, 2PM TO 5:30PM

$1,200,000

4 beds2.5 baths2,744 sq ft

1753 Premier St, Fallbrook, CA 92028

EARLY ACCESSREDFIN OPEN OCT 24, 2:30PM TO 4:30PM

$675,000

3 beds2 baths1,087 sq ft

361 Shady Glen Dr, Fallbrook, CA 92028

Details provided by CRMLS and may not match the public record. Learn more.

More real estate resources

Zip Codes
Cities
Popular Searches

92028 homes for sale
92592 homes for sale
92059 homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for sale near me	San Diego, CA homes for sale	Fremont, CA homes for sale
Land for sale near me	San Francisco, CA homes for sale	Sacramento, CA homes for sale
Open Houses near me	Los Angeles, CA homes for sale	Rainbow Property Records
Condos for sale near me	San Jose, CA homes for sale	CA New Listings
Agents near me	Irvine, CA homes for sale	Rainbow Housing Market

Temecula homes for sale
Oceanside homes for sale
Carlsbad homes for sale