Google satellite image for 7432 Rainbow Heights Rd, Fallbrook, CA 92028

OFF MARKET

$939,241

•

2 ba

•

3,637

sq ft

7432 Rainbow Heights Rd, Fallbrook, CA 92028

About this home

7432 Rainbow Heights Rd is a 3,637 square foot house on a 10.16 acre lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Fallbrook data, we estimate the home's value is $939,241.

Single-familyProperty Type

1991Year Built

10.16 acresLot Size

$258Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$939,241

$21K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.3% higher than the average sale price ($787K) of 6 comparable homes.

SOLD APR 24, 2026
$1,060,000
A
3 beds2.5 baths2,400 sq ft
1810 Via Ladera, Fallbrook, CA 92028
SOLD MAR 24, 2026
$950,000
B
3 beds3 baths2,210 sq ft
46920 Rainbow Canyon Rd, Temecula, CA 92592
SOLD MAY 22, 2026
$740,000
C
4 beds2 baths2,195 sq ft
31352 Via Eduardo, Temecula, CA 92592
SOLD MAR 13, 2026
$655,000
D
3 beds2 baths2,071 sq ft
31007 Shaba Cir, Temecula, CA 92592
SOLD JUL 1, 2026
$679,950
E
4 beds2 baths1,948 sq ft
31337 Huron St, Temecula, CA 92592
SOLD MAY 6, 2026
$640,000
F
3 beds2.5 baths2,250 sq ft
31348 Huron St, Temecula, CA 92592

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Earn from this home

Sell

$890,335

Est. take-home

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Rent

$4,337/mo

Redfin rental estimate

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Market trends in 92028, CA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

0.3% MoM

Median sale price

$875K

$32K MoM

Avg. days on market

33d

0 days MoM

Recently sold homes

177

17 MoM

New listings for sale

NEW 3 HRS AGO
$1,350,000
4 beds2.5 baths2,646 sq ft
1850 Canyon Heights Rd, Fallbrook, CA 92028
NEW 3 HRS AGO
$795,000
3 beds2.5 baths2,023 sq ft
1422 E Fallbrook St, Fallbrook, CA 92028
OPEN SUN, 12PM TO 3PM
$249,000
3 beds2 baths1,210 sq ft
1120 E Mission Rd #22, Fallbrook, CA 92028
NEW 25 HRS AGO
$2,149,999
4 beds3 baths3,565 sq ft
2440 Los Alisos, Fallbrook, CA 92028
$263,000
2 beds2 baths1,248 sq ft
4747 Oak Crest Rd #78, Fallbrook, CA 92028
3D WALKTHROUGH
$2,389,000
4 beds3.5 baths3,756 sq ft
33 Gateview Dr, Fallbrook, CA 92028
$575,000
2 beds2 baths1,196 sq ft
4218 Los Padres Dr, Fallbrook, CA 92028
OPEN WED, 11:30AM TO 2:30PM
$1,849,000
4 beds4.5 baths4,138 sq ft
4284 Fallsbrae Rd, Fallbrook, CA 92028
Keller Williams Realty
$1,100,000
3 beds2.5 baths2,200 sq ft
5012 Sleeping Indian, Fallbrook, CA 92028
CRG Properties
$699,000
3 beds2 baths1,196 sq ft
604 Porter St, Fallbrook, CA 92028
See all

Provided by Redfin

Sale history for 7432 Rainbow Heights Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$3,772 (−1.6%)

$25,894 + $320,475

$346,369

2024

$3,832 (+2.2%)

$25,387 + $314,192

$339,579

2023

$3,748 (+1.0%)

$24,890 + $308,032

$332,922

2022

$3,710 (+2.4%)

$24,402 + $301,993

$326,395

2021

$3,622 (−0.2%)

$23,924 + $296,072

$319,996

2020

$3,628 (+2.4%)

$23,455 + $290,267

$313,722

2019

$3,543 (+2.3%)

$23,215 + $287,291

$310,506

2018

$3,464 (+1.9%)

$22,760 + $281,658

$304,418

2017

$3,399 (+2.0%)

$21,877 + $270,722

$292,599

2016

$3,331 (+1.5%)

$21,877 + $270,722

$292,599

2015

$3,283 (+2.1%)

$21,449 + $265,414

$286,863

2014

$3,217 (+0.7%)

$20,714 + $256,307

$277,021

2013

$3,193 (−4.8%)

$20,714 + $256,307

$277,021

2012

$3,354 (−6.1%)

$20,621 + $255,149

$275,770

2011

$3,573 (−0.4%)

$20,217 + $250,147

$270,364

2010

$3,588 (+0.8%)

$19,821 + $245,243

$265,064

2009

$3,560 (+1.7%)

$19,673 + $243,411

$263,084

2008

$3,501

$19,720 + $243,990

$263,710

Tax history for 7432 Rainbow Heights Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,772 (−1.6%)

$25,894 + $320,475

$346,369

2024

$3,832 (+2.2%)

$25,387 + $314,192

$339,579

2023

$3,748 (+1.0%)

$24,890 + $308,032

$332,922

2022

$3,710 (+2.4%)

$24,402 + $301,993

$326,395

2021

$3,622 (−0.2%)

$23,924 + $296,072

$319,996

2020

$3,628 (+2.4%)

$23,455 + $290,267

$313,722

2019

$3,543 (+2.3%)

$23,215 + $287,291

$310,506

2018

$3,464 (+1.9%)

$22,760 + $281,658

$304,418

2017

$3,399 (+2.0%)

$21,877 + $270,722

$292,599

2016

$3,331 (+1.5%)

$21,877 + $270,722

$292,599

2015

$3,283 (+2.1%)

$21,449 + $265,414

$286,863

2014

$3,217 (+0.7%)

$20,714 + $256,307

$277,021

2013

$3,193 (−4.8%)

$20,714 + $256,307

$277,021

2012

$3,354 (−6.1%)

$20,621 + $255,149

$275,770

2011

$3,573 (−0.4%)

$20,217 + $250,147

$270,364

2010

$3,588 (+0.8%)

$19,821 + $245,243

$265,064

2009

$3,560 (+1.7%)

$19,673 + $243,411

$263,084

2008

$3,501

$19,720 + $243,990

$263,710

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

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

Exterior

Property Information
Subdivision Name: ESCONDIDO BLKS RESUB
Living Sq. Ft: 3,637
Building Sq. Ft: 3,637
# of Units: 1
Legal Description: (EX DOC76-0366078) PAR 2 TR 1004746

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Garage/Carport

Lot Information
# of Buildings: 1
Land Sq. Ft: 442,570
Legal Lot Number: 11
Acres: 10.16
Zoning Code: A70
County Use Description: 1 FAMILY RESIDENCE

Location Information
Parcel Location Influence: Good

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 3,637
Stories: —
Lot Size: 10.16 acres
Style: Single Family Residential
Year Built: 1991
Year Renovated: 1991
County: San Diego County
APN: 1090104900

Home facts updated by county records on Aug 20, 2026

Around this home

Schools

Vallecitos Elementary School

Public K-8 • Assigned • 1.8mi

6/10

Fallbrook High School

Public 9-12 • Assigned • 8.8mi

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

9/10 Fire Factor

52% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 98° expected this year, 23 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

$893,000 – $1.08M

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New listings for sale in 92028

NEW 3 HRS AGO

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NEW 25 HRS AGO

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4 beds3 baths3,565 sq ft

2440 Los Alisos, Fallbrook, CA 92028

$263,000

2 beds2 baths1,248 sq ft

4747 Oak Crest Rd #78, Fallbrook, CA 92028

3D WALKTHROUGH

$2,389,000

4 beds3.5 baths3,756 sq ft

33 Gateview Dr, Fallbrook, CA 92028

$575,000

2 beds2 baths1,196 sq ft

4218 Los Padres Dr, Fallbrook, CA 92028

OPEN WED, 11:30AM TO 2:30PM3D WALKTHROUGH

$1,849,000

4 beds4.5 baths4,138 sq ft

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Keller Williams Realty

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CRG Properties

Home values near 7432 Rainbow Heights Rd

Data from public records.

Address	Redfin Estimate
7418 Rainbow Heights Road, Fallbrook, CA 3 Beds \| 2 Baths \| 1999 Sq. Ft.	—
7424 Rainbow Heights Road, Fallbrook, CA 3 Beds \| 2.5 Baths \| 3430 Sq. Ft.	$1,326,692

Address	Redfin Estimate
7412 Rainbow Heights Road, Fallbrook, CA 4 Beds \| 4 Baths \| 4692 Sq. Ft.	$1,389,728
7420 Rainbow Heights Road, Fallbrook, CA 3 Beds \| 2 Baths \| 1582 Sq. Ft.	—

Address	Redfin Estimate
7428 Rainbow Heights Road, Fallbrook, CA 4 Beds \| 3 Baths \| 2912 Sq. Ft.	$1,008,176
9457 Rainbow Creek Road, Fallbrook, CA 2 Beds \| 2 Baths \| 1056 Sq. Ft.	$616,241

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