Listed by Janelle Laidlaw •DRE #01476249 • Coldwell Banker Realty

Contact: 951-640-6367

For sale

$635,000

Est. $4,173/mo —

•

1,793

sq ft

45586 Rainbow Canyon Rd, Temecula, CA 92592

About this home

Welcome to 45586 Rainbow Canyon Road! Located in highly-desirable south Temecula, this single level floorplan offers nearly 1,800 square feet with a formal living room/dining room combo; upgraded kitchen and attached family room; a large primary suite with retreat; 3 comfortably-sized junior bedrooms; 2 updated bathrooms; an individual laundry room; and a 2-car garage. Interior features include new flooring; new paint; plantation shutters; a cozy, brick fireplace; and custom fixtures and touches! Plus, the recently installed solar system uses the sun's power which is a cost savings for the lucky homeowner! The large front porch is very inviting and a great place to enjoy beautiful mornings and peaceful evenings. And, the possibilities are endless with the expansive backyard! Maybe an entertainer's paradise with pool, spa, and an outdoor kitchen!? Or, how about planting your favorite vegetable or wildflower garden!? The Rainbow Canyon Village community has a low tax base, the HOA fee is affordable, and the neighborhood park and walking trails are nearby. Located close to freeway, award winning schools, local shopping centers, and Temecula's well-known attractions. .. Pechanga Casino, Old Town, Promenade Mall, and Southern California's famous wineries and vineyards! Call for an appointment today! (Tax information incorrectly lists 3 bedrooms. Home has 4 bedrooms. )

Single-familyProperty Type

1985Year Built

8,712 sq ftLot Size

$354Price/Sq.Ft.

$42/moHOA Dues

2 car garageParking

Listing updated: Aug 29, 2026 at 02:00pm

Redfin checked: a minute ago

•Source:CRMLS #SW25140872

Payment calculator

$4,173 per month

Principal and interest$3,337

Property taxes

HOA dues

Home insurance

Utilities

5 minutes to get started. No credit impact.

Mortgage resources

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

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32800 Los Encinos Rd, Temecula, CA 92592
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Around this home

Schools

K - 12
Preschool & daycare

Temecula Luiseno Elementary School

Public K-5 • Assigned • 1.2mi

7/10

Erle Stanley Gardner Middle School

Public 6-8 • Assigned • 1.0mi

6/10

Great Oak High School

Public 9-12 • Assigned • 2.5mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Market insights

45586 Rainbow Canyon Rd · $635,000

DAYS ON MARKET

The average home goes pending in 52 days.

SALE-TO-LIST

Most homes are selling 1% below list price.

LIST PRICE

Median list price in this area is $640,330. (1% higher than this home)

PRICE DROP

19% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Built-in shelving/cabinetry
Ceiling fans
Open floor plan
Granite counters
Sliding glass door

Bedrooms
Primary bedroom on the main floor
Additional bedrooms on the main floor (total 4 bedrooms on main level)

Bathrooms
Two full bathrooms
Bathrooms with bathtub and separate shower (shower in tub and shower)

Kitchen
Microwave
Refrigerator
Gas range
Dishwasher
Breakfast counter/bar and formal dining area
Kitchen open to family room
Granite counters

Laundry & utility
Inside laundry
Washer hookup
Gas dryer hookup

Heating & cooling
Central heating (central furnace)
Central cooling

Sale and tax history for 45586 Rainbow Canyon Rd

Sale History
Tax History

Date

Event

Price

CRMLS #SW25140872

Aug 28, 2026

Relisted

—

Aug 9, 2026

Contingent

—

Jul 13, 2026

Relisted

—

Jul 8, 2026

Price Changed

$635,000

$354/sq ft

Jun 30, 2026

Relisted

—

Jun 26, 2026

Relisted

—

Mar 25, 2026

Relisted

—

Dec 31, 2025

Relisted

—

Oct 22, 2025

Relisted

—

Jun 26, 2025

Listed

$648,000

$361/sq ft

CRMLS #SW19253260

Apr 9, 2020

Sold

$461,000

$257/sq ft

Mar 10, 2020

Pending

—

Jan 2, 2020

Relisted

—

Dec 29, 2019

Delisted

—

Oct 31, 2019

Listed

$466,000

$260/sq ft

Who knew that such a spacious home could feel so cozy? Complete with family-friendly amenities, desirable features and a great location! Your new home is the perfect place to enjoy the coveted Temecula lifestyle. You’ll love the open floor plan with upgraded laminate wood flooring and the four large, comfortable bedrooms with new carpet - including a secluded room that is perfect for guests. The master bedroom comes with a large retreat space that can be used as an office, exercise room or additional family area. The kitchen features gorgeously detailed granite countertops, coordinated white wood cabinets, built-in breakfast bar and quality stainless steel appliances. Whip up a gourmet meal and serve it to family and friends in your private courtyard, which is surrounded by charming white fencing and gorgeous rose bushes. This home boasts two full baths with new vanities and dual sinks in the master. A fireplace in the dining room, as well as a nearby window bench, add additional elements of comfort. Gorgeous window treatments on the new dual-pane windows as well as a new A/C unit help ensure this home is energy-efficient! You’ll never want to leave the serenity of home but, if you do, you’ll like the convenience of being close to entertainment, the golf course, shopping and freeways.

CRMLS #SW15104746

Jun 22, 2015

Pending

—

Jun 22, 2015

Relisted

—

Jun 22, 2015

Listing Removed

—

Jun 20, 2015

Delisted

—

May 26, 2015

Relisted

—

May 19, 2015

Delisted

—

May 15, 2015

Listed

$339,900

$190/sq ft

CRMLS #SW14186237

Oct 6, 2014

Listing Removed

—

Sep 6, 2014

Price Changed

$324,900

$181/sq ft

Aug 29, 2014

Listed

$329,000

$183/sq ft

CRMLS #SW14179752

Aug 23, 2014

Listing Removed

—

Aug 20, 2014

Listed

$329,000

$183/sq ft

CRMLS #SW12144274

Mar 7, 2013

Sold

$258,500

$144/sq ft

Jan 11, 2013

Pending

—

Jan 3, 2013

Price Changed

$270,000

$151/sq ft

Nov 26, 2012

Listed

$288,150

$161/sq ft

Public Records

Jun 30, 1998

Sold

$145,000

$81/sq ft

Public Records

Jul 2, 1992

Sold

$143,000

$80/sq ft

Public Records

Jan 31, 1989

Sold

$135,000

$75/sq ft

Public Records

Nov 26, 1985

Sold

$102,000

$57/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$4,270 (+27.4%)

$136,703 + $367,462

$504,165

2024

$3,352 (−42.7%)

$136,703 + $367,462

$504,165

2023

$5,850 (+2.3%)

$134,023 + $360,257

$494,280

2022

$5,718 (+2.2%)

$131,396 + $353,194

$484,590

2021

$5,596 (+56.6%)

$128,820 + $346,269

$475,089

2020

$3,573 (+1.6%)

$126,295 + $339,480

$465,775

2019

$3,518 (+2.1%)

$61,924 + $229,133

$291,057

2018

$3,445 (+1.9%)

$60,710 + $224,641

$285,351

2017

$3,380 (+2.0%)

$58,354 + $215,918

$274,272

2016

$3,314 (+1.9%)

$58,354 + $215,918

$274,272

2015

$3,253 (+3.2%)

$57,210 + $211,685

$268,895

2014

$3,152 (+10.3%)

$55,249 + $204,423

$259,672

2013

$2,858 (+22.9%)

$55,249 + $204,423

$259,672

2012

$2,327 (+2.5%)

$50,000 + $175,000

$225,000

2011

$2,269 (+0.9%)

$44,484 + $139,829

$184,313

2010

$2,248 (−0.5%)

$43,612 + $137,088

$180,700

2009

$2,259 (+1.7%)

$43,287 + $136,064

$179,351

2008

$2,221

$43,391 + $136,389

$179,780

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

1986

Finished Sq. Ft.

1,793

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,793

Year built

1985

Style

Single Family Residential

County

Riverside County

APN

922273028

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 8, 2026.

Low Medium Density Residential Disrrict

The low medium density residential zoning district is intended to provide for the development of single-family homes. The minimum lot size in the LM zoning district is 7,200 sq ft, with a density range of 3 to 6.9 dwelling units per net acre, and a target density of four and 1.5 dwelling units per net acre.

Permitted uses

Include but are not limited to:

Agriculture
Livestock production
Housing-Single unit
Housing-Senior
Housing-Other
Housing-Mobile home park
Park & open space

Climate risks

1/10 Flood Factor

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

7/10 Fire Factor

23% chance of being in a wildfire in next 30 years

7/10 Heat Factor

8 days above 98° expected this year, 24 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

10 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Temecula, CA • 92592

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

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.9 hrs

6 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 45586 Rainbow Canyon Rd

$639,661

$4,661 over list price of $635K

Nearby comparable homes

The Redfin Estimate uses 4 recent nearby sales, priced between $664K to $750K.

SOLD DEC 29, 2025
$680,000 Last sold price
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45530-45530 Rainbow Cyn, Temecula, CA 92592
$7/sq ft
larger lot
SOLD JUL 24, 2026
$749,900 Last sold price
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$9/sq ft
smaller lot
1 year newer
BOUGHT WITH REDFIN NOV 17, 2025
$665,000 Last sold price
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45077 Putting Green Ct, Temecula, CA 92592
$30/sq ft
5 years newer
SOLD DEC 1, 2025
$664,000 Last sold price
4 beds2 baths1,542 sq ft
45552 Classic Way, Temecula, CA 92592
HT Real Estate Investments Inc
$77/sq ft
smaller lot
1 year newer

Rental earnings

Est. $3,018 per month, based on comparable rentals

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

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Mortgage resources

See this home in person

Nearby open houses (10)

Around this home

Schools

Lifestyle

Market insights

Property details

Sale and tax history for 45586 Rainbow Canyon Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 45586 Rainbow Canyon Rd

Early Access listings

Nearby similar homes

New listings for sale in 92592

More real estate resources