6495 Rainbow Heights Rd, Fallbrook, CA 92028

Off market dec 2022 for $905K

$1,035,075

Est. refi paymentEst. refi $5,351/mo

•

2,356

sq ft

6495 Rainbow Heights Rd, Fallbrook, CA 92028

About this home

PRODUCING INCOME PROPERY! Nestled in the beautiful hills of North County San Diego you will find an amazing retreat with 2 completely renovated homes. Each home has 2 bedrooms and 2bths. If you're looking for a multi-generational property or investment property look no further. Live in one home and Airbnb the 2nd home. 2nd home is already up and running 5-star profitable Airbnb. This property has endless income possibilities! Main home has 2 bd, 2bth with optional office/bedroom or laundry room. Kitchen is perfect for entertaining with beautiful custom cabinets, quartz countertops and high end brand-new black stainless-steel appliances. Open floor plan with high beam ceilings and real hardwood flooring. Bathrooms have all been tastefully remodeled. New energy efficient windows, split AC units, all new plumbing and electrical and tankless water heater. 2nd home has high-end wood laminate throughout the living spaces, lush carpet in the downstairs master bedroom and an amazing, remodeled kitchen and bathroom. Upstairs has a large loft with its own private entrance, bath, walk in closet, and an additional sitting room or office area. The spectacular grounds has majestic oak trees right out of a picture book, chicken coop, covered carport and large workshop for all your projects. Don't miss this rare opportunity to own this little piece of heaven!

Single-familyProperty Type

1968Year Built

0.87 acresLot Size

$439Est. Price/Sq.Ft.

2 spacesParking

Listed by Tamara Bishop •DRE #01801919 • HomeSmart Realty West

Bought with Whitney Goodman •DRE #02150128 • Compass

Redfin checked: a few seconds ago

•Source:CRMLS #NDP2209480

Redfin Estimate

$1,035,075

$130K since sold in December 2022$26K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.3% higher than the average sale price ($890K) of 5 comparable homes.

SOLD JUN 24, 2026
$1,275,000
A
4 beds3 baths2,961 sq ft
1735 Tecalote Dr, Fallbrook, CA 92028
SOLD SEP 18, 2026
$815,000
B
4 beds3 baths2,113 sq ft
31134 Saho Ct, Temecula, CA 92592
SOLD AUG 7, 2026
$733,000
C
4 beds3 baths2,113 sq ft
45686 Jeronimo, Temecula, CA 92592
SOLD AUG 19, 2026
$789,000
D
4 beds3 baths2,213 sq ft
310 Falabella Ln, Fallbrook, CA 92028
SOLD SEP 1, 2026
$838,000
E
4 beds3 baths2,445 sq ft
35646 Asturian Way, Fallbrook, CA 92028

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Earn from this home

Sell

$309,416

Est. take-home

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Refinance

Est. cash available

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Rent

$4,484/mo

Redfin rental estimate

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Market trends in 92028, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.2%

0.3% MoM

Median sale price

$887K

$0 MoM

Avg. days on market

50d

10 days MoM

Recently sold homes

172

4 MoM

New listings for sale

COMING SOON
1686 Rice Cyn, Fallbrook, CA 92028
$749,000
1 bed2.5 baths1,200 sq ft
1686 Rice Cyn, Fallbrook, CA 92028
OPEN SUN, 1PM TO 4PM
$1,239,000
4 beds3 baths3,312 sq ft
1841 Tecalote Dr, Fallbrook, CA 92028
$1,225,000
3 beds2.5 baths3,354 sq ft
1619 Ranchwood Ln, Fallbrook, CA 92028
Premiere Real Estate
$599,000
3 beds2.5 baths1,471 sq ft
35104 Crop Pl, Fallbrook, CA 92028
$949,000
3 beds2.5 baths1,784 sq ft
3101 Cherrypoint Ct, Fallbrook, CA 92028
Century 21 Masters
$1,600,000
4 beds3.5 baths2,000 sq ft
2864 Live Oak Park, Fallbrook, CA 92028
Fairway and Ranch Realty
$898,000
3 beds2.5 baths2,409 sq ft
590 Elm Tree Ln, Fallbrook, CA 92028
HomeSmart Realty West
$975,000
3 beds2 baths1,930 sq ft
1366 Via Feliz, Fallbrook, CA 92028
3D WALKTHROUGH
$1,200,000
4 beds3 baths2,422 sq ft
349 Puerta De Lomas, Fallbrook, CA 92028
REDFIN OPEN SUN, 2PM TO 5PM
$899,000
2 beds2 baths1,792 sq ft
335 Morro Hills Rd, Fallbrook, CA 92028
See all

Provided by Redfin

Sale history for 6495 Rainbow Heights Rd

Date

Event

Price

CRMLS #NDP2209480

Dec 20, 2022

Sold

$905,000

$384/sq ft

Nov 17, 2022

Pending

—

Oct 27, 2022

Price Changed

$959,000

$407/sq ft

Sep 30, 2022

Price Changed

$989,900

$420/sq ft

Sep 14, 2022

Listed

$995,000

$422/sq ft

CRMLS #NDP2203954

Jul 14, 2022

Listing Removed

—

Jun 25, 2022

Price Changed

$948,500

$403/sq ft

Jun 16, 2022

Price Changed

$949,000

$403/sq ft

May 25, 2022

Price Changed

$995,000

$422/sq ft

Apr 29, 2022

Listed

$1,150,000

$488/sq ft

CRMLS #OC21161460

Sep 17, 2021

Sold

$600,000

$255/sq ft

Sep 2, 2021

Pending

—

Aug 31, 2021

Contingent

—

Jul 22, 2021

Listed

$649,000

$275/sq ft

Great spot to enjoy nature, your privacy and have lots of space for family gatherings. This property has two residential dwellings: one two bedroom 2 bath main house and an another dwelling with 2 bedroom 2 bath for a total sq footage of 2356. On just under an acre surrounded by eucalyptus trees, several varieties of fruit trees and succulents, it's a great spot for a large family, to work from home. grow vegetables, raise chickens and just enjoy the scenery. Close to Temecula and shopping but yet the feel of country living. A perfect getaway from a hurried world. The second home has been freshly painted inside and out and has separate entrance for family members or for a rental. Great mother in law space or for extended family. The main house needs an update, but strong bones and a nice design is waiting for the right buyer to make it their own. The main house has great potential with it's large picture windows, separate laundry room, office/sunroom. Outdoor space has chicken coop in place, a large workshop/shed and a couple of smaller sheds for storage. Gated driveway area has ample room for cars and RV or boat space. This is a must see if you are looking for country style living at a great value.

CRMLS #NDP2104965

Jun 10, 2021

Listing Removed

—

May 6, 2021

Listed

$665,000

$282/sq ft

CRMLS #971014881

May 4, 1998

Sold

$186,000

$79/sq ft

Sep 15, 1997

Listed

$189,000

$80/sq ft

Public Records

Jul 2, 1979

Sold

$46,500

$20/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$10,058 (+1.9%)

$240,097 + $720,294

$960,391

2024

$9,872 (+1.6%)

$235,390 + $706,171

$941,561

2023

$9,715 (+49.1%)

$230,775 + $692,325

$923,100

2022

$6,517 (+322.7%)

$226,250 + $678,750

$905,000

2021

$1,542 (−0.1%)

$150,000 + $450,000

$600,000

2020

$1,544 (+2.7%)

$39,466 + $107,439

$146,905

2019

$1,504 (+2.5%)

$39,062 + $106,338

$145,400

2018

$1,467 (+2.1%)

$38,297 + $104,253

$142,550

2017

$1,436 (+2.4%)

$36,811 + $100,205

$137,016

2016

$1,403 (+1.6%)

$36,811 + $100,205

$137,016

2015

$1,381 (+2.2%)

$36,090 + $98,241

$134,331

2014

$1,351 (+0.8%)

$34,852 + $94,871

$129,723

2013

$1,340 (+1.6%)

$34,852 + $94,871

$129,723

2012

$1,319 (+2.2%)

$34,695 + $94,443

$129,138

2011

$1,291 (+1.1%)

$34,015 + $92,592

$126,607

2010

$1,276 (+1.0%)

$33,349 + $90,777

$124,126

2009

$1,263 (+1.8%)

$33,100 + $90,099

$123,199

2008

$1,240

$33,179 + $90,314

$123,493

Tax history for 6495 Rainbow Heights Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,058 (+1.9%)

$240,097 + $720,294

$960,391

2024

$9,872 (+1.6%)

$235,390 + $706,171

$941,561

2023

$9,715 (+49.1%)

$230,775 + $692,325

$923,100

2022

$6,517 (+322.7%)

$226,250 + $678,750

$905,000

2021

$1,542 (−0.1%)

$150,000 + $450,000

$600,000

2020

$1,544 (+2.7%)

$39,466 + $107,439

$146,905

2019

$1,504 (+2.5%)

$39,062 + $106,338

$145,400

2018

$1,467 (+2.1%)

$38,297 + $104,253

$142,550

2017

$1,436 (+2.4%)

$36,811 + $100,205

$137,016

2016

$1,403 (+1.6%)

$36,811 + $100,205

$137,016

2015

$1,381 (+2.2%)

$36,090 + $98,241

$134,331

2014

$1,351 (+0.8%)

$34,852 + $94,871

$129,723

2013

$1,340 (+1.6%)

$34,852 + $94,871

$129,723

2012

$1,319 (+2.2%)

$34,695 + $94,443

$129,138

2011

$1,291 (+1.1%)

$34,015 + $92,592

$126,607

2010

$1,276 (+1.0%)

$33,349 + $90,777

$124,126

2009

$1,263 (+1.8%)

$33,100 + $90,099

$123,199

2008

$1,240

$33,179 + $90,314

$123,493

*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

Baths

Stories

Lot width

—

Lot depth

—

Lot size

37,897

Year renovated

2012

Sq. Ft.

2,356

Year built

1968

Style

Single Family Residential

County

San Diego County

APN

1092502200

Parking Spaces

Basement

Accessible

HOA Dues

—

Garage

Features

Views

Last updated by owner on Mar 25, 2023.

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 Carport Spaces: 2
# of Parking Spaces: 2

Interior

Laundry Information
Has Laundry
Individual Room

Bathroom Information
# of Baths (Full): 4

Cooling Information
Wall Window
Has Cooling

Room Information
Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite

Interior Features
Levels: Multi/Split, One
Main Level Bathrooms: 2
Main Level Bedrooms: 2

Exterior

Exterior Features
Pool Features: None

Lot Information
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre

Property Information
Common Walls: No Common Walls
Living Area Source: Assessor's Data
Parcel Number: 1092502200
Property Condition: Turnkey, Updated/Remodeled
Has View
Year Built Source: Assessor

Financial

Assesments Information
Assessments: Unknown

Utilities

Utilities Information
Sewer: Septic Tank
Water Source: District/Public

Location

Multi-Unit Information
# of Units In Community: 2

Neighborhood Information
Community Features: Mountainous

School Information
High School: Fallbrook
High School District: Fallbrook Union Elementary
High School 2: FALLBR

Location Information
Latitude: 33.40206700
Longitude: -117.12900700
Directions: Rainbow Heights
Zoning: AGRICULTURAL

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 2,356
Stories: —
Parking Spaces: 2
Basement: No
Accessible: No
Lot Size: 0.87 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: 2012
County: San Diego County
APN: 1092502200
HOA Dues: —
Garage: No
Features: Views

Home facts updated by owner on Mar 25, 2023

Other

Listing Information
Days Active in MLS: 64

Listing Agent Information
List Agent First Name: Tamara
List Agent Last Name: Bishop

Listing Office Information
List Office Name: HomeSmart Realty West

Selling Agent Information
Buyer Agent First Name: Whitney
Buyer Agent Last Name: Goodman

Selling Office Information
Buyer Office Name: Compass

Around this home

Schools

Vallecitos Elementary School

Public K-8 • Assigned • 1.4mi

6/10

Fallbrook High School

Public 9-12 • Assigned • 7.5mi

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

43% chance of being in a wildfire in next 30 years

5/10 Heat Factor

2 days above 98° expected this year, 5 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

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

$984,000 – $1.19M

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Home values near 6495 Rainbow Heights Rd

Data from public records.

Address	Redfin Estimate
6518 Rainbow Heights Rd, Fallbrook, CA 3 Beds \| 3 Baths \| 1986 Sq. Ft.	$884,470
6490 Rainbow Heights Rd, Fallbrook, CA 3 Beds \| 3 Baths \| 2900 Sq. Ft.	$1,392,192

Address	Redfin Estimate
6500 Rainbow Heights Rd, Fallbrook, CA 3 Beds \| 3 Baths \| 2748 Sq. Ft.	$1,058,557
6458 Rainbow Heights Rd, Fallbrook, CA 3 Beds \| 2 Baths \| 2060 Sq. Ft.	$941,845

Address	Redfin Estimate
6519 Rainbow Heights Rd, Fallbrook, CA 3 Beds \| 2 Baths \| 1784 Sq. Ft.	$794,813
6497 Rainbow Heights Rd, Fallbrook, CA 2 Beds \| 1.5 Baths \| 1449 Sq. Ft.	$849,868

Property information provided by CRMLS when last listed in 2022. This data may not show owner updates. Learn more.

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