Welcome to your dream home, a paradise that feels like a perpetual vacation! This enchanting compound is connected by charming pathways, bridges, and breezeways, all nestled amidst quaint gardens and romantic seating areas with lush, mature landscaping and pontoon lighting. Enjoy outstanding, unobstructed forever views that showcase stunning sunsets and even a glimpse of the ocean on a clear day. Experience tranquility and privacy, while being a mere 5-minutes from the 1-15 Freeway, and approximately 15-minutes to Old Town Temecula or Downtown Fallbrook. The 2-bedroom, 2-bathroom main house exudes rustic charm with beamed ceilings, wood flooring, and a brick wood-burning fireplace. Updated throughout with fresh paint, newly installed 4-inch baseboards, solid wood interior doors, and sliding barn doors. The roomy eat-in kitchen boasts vaulted ceilings, custom cabinetry, an oversized Cherry woodblock island, quartz countertops, and stainless-steel appliances. Six skylights throughout make the home bright and airy with views from nearly every window. Step out the Dutch door to a covered path leading to a separate office or studio, and just steps away is an updated laundry room. A beautiful fenced and hedged terraced garden with rock walls, tile inlays, raised garden beds, and a chicken coop separates the main house from a detached 815 SF, 1-bedroom, 1-bathroom casita with a full-sized kitchen and bathroom. Above the casita is a 250 SF bonus room offering endless possibilities for a man cave, game room, and more. Two garage spaces and a large storage room or workshop provide ample space for parking and equipment. Enjoy the breathtaking views from multiple vantage points throughout the property, including the multi-level Trex deck, courtyard, gazebo, and two expansive decks off the main house. Numerous updates include a newer roof, new electric panel, tankless water heaters, updated deck railing, and more! This life-sized magical woodland is situated on a private road atop 2.56 acres with fruit trees including macadamia nut, apple, plum, lime, lemon, orange, apricot, kumquat, avocado, pomegranate, and blackberries.
Single-familyProperty Type
1978Year Built
2.58 acresLot Size
$433Est. Price/Sq.Ft.
2 car garageParking
Listed by Rebecca Monge•DRE #01961244• Professional Realty Services
Listed by Alysha Tanksley•DRE #01906333• Professional Realty Services
Bought with Jennifer Adam•DRE #02237157• Realty ONE Group Pacific
This is likely one of the most charming homes you will ever see AND the views are INCREDIBLE! The main house has 2 bedrooms & 2 baths with many upgrades including a large updated farmhouse kitchen w/ dutch doors, custom oak cabinets, oversized handmade cherry island & 9 ft open beamed ceilings w/ skylights. There is a separate casita that has a bedroom, kitchen, dining area, living room, & bathroom. It also has a spacious upstairs multi-purpose room & a large enclosed storage room. The detached garage has a small office or artist studio attached along w/ the laundry room & ample parking. Plenty of room for all of your toys & animals. There are multiple areas for enjoying the outside with breathtaking views including a multi level Trex deck! Fully fenced/hedged & terraced garden area, w/ a separate enclosed potting area. Custom rock walls, stairs, & walkways. There are lemon, lime, apricot, kumquat, apple, & pomegranate trees. Roof replaced in 2020. A/C. A lot of other recent upgrades. Maximum privacy! No curtains needed! Very private yet not far from Old 395 or the 15. Lot is 2.58 acres with low maintenance. If you are looking for a peaceful, quiet setting, and love the outdoors with forever views, this is the home for you!
CRMLS #CV15037694
Apr 20, 2015
Sold
$405,000
$161/sq ft
Mar 19, 2015
Contingent
—
Mar 11, 2015
Price Changed
$430,000
$171/sq ft
Feb 22, 2015
Listed
$450,000
$179/sq ft
SDMLS #140062278
Apr 20, 2015
Sold
$405,000
$161/sq ft
Mar 19, 2015
Pending
—
Mar 12, 2015
Price Changed
$440,000
$175/sq ft
Feb 23, 2015
Relisted
—
Feb 17, 2015
Listing Removed
—
Nov 20, 2014
Listed
$450,000
$179/sq ft
+14
Nestled in the Rainbow Heights Canyon w/ amazing views of the canyons & city lights, this home features 2 bedrooms, 2 baths in the main house w/ an extra room fully finished above the garage, large open kitchen w/ island & cozy breakfast area steeping down into a large family room w/ hardwood floors & brick fireplace for those cold nights w/ lots of windows bringing the outside in & views from all angles, large master bedroom w/ retreat & master full bath w/ sunk tub to enjoy those relaxing evening.
CRMLS #CV14255089
Feb 14, 2015
Listing Removed
—
Jan 23, 2015
Price Changed
$450,000
$179/sq ft
Dec 8, 2014
Listed
$460,000
$183/sq ft
CRMLS #130053080
Feb 28, 2014
Sold
$400,000
$159/sq ft
Jan 22, 2014
Pending
—
Dec 24, 2013
Relisted
—
Dec 1, 2013
Pending
—
Nov 12, 2013
Relisted
—
Nov 11, 2013
Pending
—
Nov 5, 2013
Price Changed
$429,000
$171/sq ft
Oct 3, 2013
Listed
$435,000
$173/sq ft
Oct 3, 2013
Listed
$429,000
$171/sq ft
Public Records
Apr 8, 1998
Sold
$192,000
$76/sq ft
Public Records
Jun 15, 1984
Sold
$118,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,086 (+20.1%)
$693,600 + $392,700
$1,086,300
2024
$9,227 (+2.5%)
$680,000 + $385,000
$1,065,000
2023
$9,001 (+1.4%)
$520,200 + $364,140
$884,340
2022
$8,874 (+90.1%)
$510,000 + $357,000
$867,000
2021
$4,667 (−0.4%)
$500,000 + $350,000
$850,000
2020
$4,686 (+2.0%)
$213,596 + $236,079
$449,675
2019
$4,596 (+1.7%)
$211,406 + $233,659
$445,065
2018
$4,519 (+2.0%)
$207,261 + $229,078
$436,339
2017
$4,429 (+0.7%)
$199,214 + $220,184
$419,398
2016
$4,398 (+0.8%)
$199,214 + $220,184
$419,398
2015
$4,362 (+309.6%)
$195,308 + $215,867
$411,175
2014
$1,065 (+8.1%)
$21,975 + $71,375
$93,350
2013
$985 (+1.5%)
$21,975 + $71,375
$93,350
2012
$970 (+2.1%)
$21,876 + $71,053
$92,929
2011
$950 (+1.1%)
$21,448 + $69,660
$91,108
2010
$940 (+0.5%)
$21,028 + $68,295
$89,323
2009
$936 (+1.8%)
$20,871 + $67,785
$88,656
2008
$919
$20,921 + $67,947
$88,868
Tax history for 5534 Rainbow Heights Rd
Year
Property tax
Land + Additions
Assessment*
2025
$11,086 (+20.1%)
$693,600 + $392,700
$1,086,300
2024
$9,227 (+2.5%)
$680,000 + $385,000
$1,065,000
2023
$9,001 (+1.4%)
$520,200 + $364,140
$884,340
2022
$8,874 (+90.1%)
$510,000 + $357,000
$867,000
2021
$4,667 (−0.4%)
$500,000 + $350,000
$850,000
2020
$4,686 (+2.0%)
$213,596 + $236,079
$449,675
2019
$4,596 (+1.7%)
$211,406 + $233,659
$445,065
2018
$4,519 (+2.0%)
$207,261 + $229,078
$436,339
2017
$4,429 (+0.7%)
$199,214 + $220,184
$419,398
2016
$4,398 (+0.8%)
$199,214 + $220,184
$419,398
2015
$4,362 (+309.6%)
$195,308 + $215,867
$411,175
2014
$1,065 (+8.1%)
$21,975 + $71,375
$93,350
2013
$985 (+1.5%)
$21,975 + $71,375
$93,350
2012
$970 (+2.1%)
$21,876 + $71,053
$92,929
2011
$950 (+1.1%)
$21,448 + $69,660
$91,108
2010
$940 (+0.5%)
$21,028 + $68,295
$89,323
2009
$936 (+1.8%)
$20,871 + $67,785
$88,656
2008
$919
$20,921 + $67,947
$88,868
*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
—
Lot width
—
Lot depth
—
Lot size
2.58 Acres
Year renovated
1978
Sq. Ft.
1,556
Year built
1978
Style
Single Family Residential
County
San Diego County
APN
1026306700
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 13, 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
Individual Room, See Remarks
Kitchen Information
Appliances: Dishwasher, Gas Cooktop, Refrigerator, Tankless Water Heater
Has Appliances
Bathroom Information
# of Baths (Full): 1
# of Baths (3/4): 2
Cooling Information
Central
Has Cooling
Room Information
Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, See Remarks
Fireplace Information
Living Room, Wood
Has Fireplace
Interior Features
Entry Level: 1
Entry Location: Front Door
Levels: One
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Common Walls: No Common Walls
Living Area Source: Seller
Parcel Number: 1026306700
Total # of Stories: 1
Has View
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Unknown
Location
Multi-Unit Information
# of Units In Community: 1
Neighborhood Information
Community Features: Foothills, Rural, Hiking
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.40763500
Longitude: -117.14051700
Directions: Turn East from Rice Canyon Rd onto Rainbow Heights Rd, turn left on Select Way and follow the right hand curve (stay on the paved road) until you get to the driveway on the right hand side. As you are driving up Rainbow Heights you will see a mailbox that says 5509 and thank you will see a bank of mailboxes and that is where you will turn left and go up.
Zoning: Agricultural
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 1,556
Stories: —
Lot Size: 2.58 acres
Style: Single Family Residential
Year Built: 1978
Year Renovated: 1978
County: San Diego County
APN: 1026306700
Home facts updated by county records on Oct 13, 2026
Other
Listing Information
Days Active in MLS: 28
Listing Agent Information
List Agent First Name: Rebecca
List Agent Last Name: Monge
Co-List Agent First Name: Alysha
Co-List Agent Last Name: Tanksley
Listing Office Information
List Office Name: Professional Realty Services
Co-List Office Name: Professional Realty Services
Selling Agent Information
Buyer Agent First Name: Jennifer
Buyer Agent Last Name: Adam
Selling Office Information
Buyer Office Name: Realty ONE Group Pacific
Around this home
Schools
K - 12
Preschool & daycare
Vallecitos Elementary School
Public K-8 • Assigned • 0.6mi
6/10
Fallbrook High School
Public 9-12 • Assigned • 7.1mi
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
39% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 98° expected this year, 20 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
84
62
87
63
83
64
78
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
$1.03M – $1.25M
Reach more buyers when you sell with Redfin. Save up to $10,879 in fees.3 minutes to get started.