Single story Santa Fe style home rests on two acres of flat useable land in Fallbrook. This 3 bedroom and 2 bath home was beautifully and lovingly renovated in 2007. Entering the home, you're wrapped in the warmth of upgraded dark wood style flooring that draws you into the living room/family room area. The custom kitchen with Island opens to both the living room, family room and eat-in kitchen area for effortless entertaining. The home is surrounded by succulents and drought tolerant landscaping. The double doors from the family room lead to the back patio with built in BBQ. From there you cast your gaze on the vast and flat land that can be used in a multitude of ways. A detached two car garage has electric, water and gas lines to accommodate an office, workout room or casita. It also has a one car garage attached to the home. All of this minutes away from town and from Freeways.
Single-familyProperty Type
2007Year Built
1.81 acresLot Size
$562Est. Price/Sq.Ft.
3 car garageParking
Listed by Troy Sage•DRE #01512201• Realty ONE Group West
Bought with Lucille Alves•DRE #01845204• C-21 Astro
Single story Santa Fe style home rests on two acres of flat useable land. This 3 bedroom and 2 bath home was beautifully renovated in 2007.Custom kitchen with Island opens to family room and eat-in kitchen area for effortless entertaining. Custom Flooring and Paint, plus plenty of windows. Detached 2 Car garage with all utilities can be Casita. The home is surrounded by succulents and drought tolerant landscaping. Perfect for crops, horses, RV's, and Stunning Views.
SDMLS #140065679
Apr 1, 2015
Price Changed
$450,000
$311/sq ft
Feb 10, 2015
Listing Removed
—
Jan 22, 2015
Price Changed
$450,000
$311/sq ft
Jan 22, 2015
Price Changed
$475,000
$328/sq ft
Dec 18, 2014
Listed
$475,000
$328/sq ft
CRMLS #SW14260105
Mar 28, 2015
Delisted
—
Mar 27, 2015
Relisted
—
Feb 24, 2015
Delisted
—
Jan 22, 2015
Price Changed
$450,000
$311/sq ft
Dec 18, 2014
Listed
$475,000
$328/sq ft
CRMLS #100055276
Mar 24, 2011
Sold
$200,000
$138/sq ft
Sep 15, 2010
Listed
$235,000
$162/sq ft
Public Records
Apr 15, 1986
Sold
$103,000
$71/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,048 (+1.5%)
$241,491 + $317,567
$559,058
2024
$5,956 (+2.3%)
$236,756 + $311,341
$548,097
2023
$5,821 (+1.0%)
$232,114 + $305,237
$537,351
2022
$5,761 (+12.1%)
$227,563 + $299,252
$526,815
2021
$5,137 (+5.3%)
$223,101 + $293,385
$516,486
2020
$4,878 (+2.5%)
$218,727 + $242,633
$461,360
2019
$4,759 (+2.4%)
$216,485 + $215,402
$431,887
2018
$4,649 (+2.0%)
$212,241 + $211,179
$423,420
2017
$4,559 (+2.1%)
$204,000 + $202,980
$406,980
2016
$4,466 (+31.2%)
$204,000 + $202,980
$406,980
2015
$3,404 (+28.5%)
$200,000 + $199,000
$399,000
2014
$2,649 (+9.1%)
$109,000 + $121,000
$230,000
2013
$2,428 (−0.4%)
$109,000 + $121,000
$230,000
2012
$2,438 (−22.1%)
$100,000 + $110,000
$210,000
2011
$3,129 (+1.0%)
$100,000 + $110,000
$210,000
2010
$3,097 (−13.6%)
$127,000 + $148,000
$275,000
2009
$3,585 (+7.7%)
$127,000 + $148,000
$275,000
2008
$3,329
$150,000 + $175,000
$325,000
Tax history for 724 Rainbow Crest Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,048 (+1.5%)
$241,491 + $317,567
$559,058
2024
$5,956 (+2.3%)
$236,756 + $311,341
$548,097
2023
$5,821 (+1.0%)
$232,114 + $305,237
$537,351
2022
$5,761 (+12.1%)
$227,563 + $299,252
$526,815
2021
$5,137 (+5.3%)
$223,101 + $293,385
$516,486
2020
$4,878 (+2.5%)
$218,727 + $242,633
$461,360
2019
$4,759 (+2.4%)
$216,485 + $215,402
$431,887
2018
$4,649 (+2.0%)
$212,241 + $211,179
$423,420
2017
$4,559 (+2.1%)
$204,000 + $202,980
$406,980
2016
$4,466 (+31.2%)
$204,000 + $202,980
$406,980
2015
$3,404 (+28.5%)
$200,000 + $199,000
$399,000
2014
$2,649 (+9.1%)
$109,000 + $121,000
$230,000
2013
$2,428 (−0.4%)
$109,000 + $121,000
$230,000
2012
$2,438 (−22.1%)
$100,000 + $110,000
$210,000
2011
$3,129 (+1.0%)
$100,000 + $110,000
$210,000
2010
$3,097 (−13.6%)
$127,000 + $148,000
$275,000
2009
$3,585 (+7.7%)
$127,000 + $148,000
$275,000
2008
$3,329
$150,000 + $175,000
$325,000
*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
5
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
1.81 Acres
Year renovated
1970
Sq. Ft.
2,027
Year built
1970
Style
Single Family Residential
County
San Diego County
APN
1102801000
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.