1078 Rainbow Crest Road, Fallbrook, California 92028, Fallbrook, - bed, bath

home-pic
ACTIVE$1,270,000
1078 Rainbow Crest Road, Fallbrook, California 92028
2Beds
2Baths
1,967Sqft
80,150.398Lot
Year Built
2002
Close
-
List price
$1.27M
Original List price
$1.45M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2503614
Home ConditionExcellent
Features
Excellent View: Coastline, Hills, Mountain(s), Ocean, Panoramic, Pool
Deck
Pool
Spa
Patio
ViewCoastline, Hills, Mountain(s), Ocean, Panoramic, Pool

About this home

Presenting an exquisite residence on the eastern edge of Fallbrook, CA, where modern sophistication meets serene countryside elegance. This stunning home, meticulously constructed in 2002, offers 1,967 sq ft of refined living space, featuring 2 bedrooms, a den used as a library that can be converted into a third bedroom, and 2 full baths with inviting bathtubs. Additionally, a separate 10x12 ADU with an upper mezzanine offers versatile usage possibilities as an art room, home office, or even an additional bedroom to cater to your lifestyle needs. Set on an expansive 1.84-acre estate, this property is a sanctuary of luxury and tranquility with breathtaking views and unparalleled privacy. Indulge in the saltwater pool, a 2022 addition complete with heating panels, and enjoy the state-of-the-art solar panel system, installed in 2023, inclusive of two Tesla Wall Batteries and a backup generator, all fully owned. The interiors exude sophistication with new flooring throughout (installed in 2021) and a recently replaced living room window (2022). Freshly painted both inside and out, the home also boasts a solar-powered electric gate, custom kitchen shade for sun protection, an upgraded ceiling fan in the living room, and chic Stikwood accent walls. Further enhancing the appeal of this exceptional property is a charming chicken coop ready for occupancy, a blossoming greenhouse, and a diverse variety of fruit trees—including orange, grapefruit, tangerine, lemon, apricot, Asian pear apple, peach, lime, dragon fruit, blackberry, pomegranate, and passion fruit—all set within a fully landscaped and fenced property for utmost privacy. At an elevation of 1,584 feet above sea level, relish the captivating ocean views and spectacular sunsets. Convenience and safety are paramount, with fire sprinklers throughout and a Culligan RO filter system in the kitchen. The dual A/C units ensure comfort, with one system cooling the bedrooms, baths, and laundry area, while another serves the front, kitchen, and living room spaces. Located just one exit away from the vibrant Temecula, enjoy an array of attractions, from shopping, wine tasting, and the annual Balloon and Wine Festival, to the historic charm of Front Street and Lake Skinner's natural beauty. Golf enthusiasts will appreciate proximity to Pala Mesa Resort and Temecula Creek Inn, while nature lovers can explore the Santa Margarita Trail Preserve, Live Oak Park, and Monserate Mountain Trail Loop. Fallbrook, renowned for its vibrant community, hosts a variety of events, from the celebrated Avocado Festival to art shows, farmers markets, and live music performances, ensuring a lively and engaging lifestyle. Experience unparalleled luxury and elegance in this exceptional Fallbrook home.

Price History

Date
Event
Price
10/27/25
Price Change
$1,270,000
04/18/25
Listing
$1,450,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (277 Listings)
Beds23
7%
Baths23
35%
Square foot1,9672,169
38%
Lot Size80,15035,719
67%
Price$1.27M$878K
81%
Price per square foot$646$426
97%
Built year20029955996
72%
HOA
Days on market200174
68%
Condition Rating
Excellent

Built in 2002, this property has undergone extensive and high-quality renovations within the last 1-3 years, including new flooring (2021), a new saltwater pool (2022), a state-of-the-art solar panel system with Tesla batteries and backup generator (2023), and fresh paint inside and out. The kitchen features modern white shaker cabinets, black stainless steel appliances, and a butcher block island, all appearing virtually new. Bathrooms are equally updated with contemporary vanities, fixtures, and tiling. These significant, recent upgrades and meticulous maintenance ensure the property meets current quality standards with no deferred maintenance, aligning perfectly with an 'Excellent' condition score.
Pros & Cons

Pros

Panoramic Views & Privacy: The property offers captivating ocean views, spectacular sunsets, and panoramic vistas from its elevated position, coupled with unparalleled privacy on a large 1.84-acre estate.
Advanced Eco-Friendly Infrastructure: Features a fully owned, state-of-the-art solar panel system (2023) with two Tesla Wall Batteries and a backup generator, providing significant energy independence and cost savings.
Extensive Modern Upgrades: Recent renovations include a 2022 saltwater pool with heating panels, new flooring (2021), fresh interior/exterior paint, dual A/C units, and a Culligan RO filter system, ensuring modern comfort and reduced immediate maintenance.
Versatile Living & Outdoor Amenities: Includes a separate 10x12 ADU for flexible use, a charming chicken coop, blossoming greenhouse, and a diverse variety of fruit trees within a fully landscaped and fenced property, catering to diverse lifestyle needs.
Desirable Community & Recreational Access: Located just one exit from vibrant Temecula, offering access to shopping, wine tasting, festivals, golf resorts, and nature trails, providing a rich and engaging lifestyle.

Cons

Limited Bedroom Count: The main residence offers only 2 bedrooms (with a den convertible to a 3rd), which may be restrictive for larger families or those seeking more dedicated sleeping spaces given the property's expansive lot size and price point.
High Landscape & Amenity Maintenance: The extensive landscaping, fruit trees, pool, chicken coop, and greenhouse, while desirable, will require significant ongoing time and financial investment for upkeep.
Rural Location Considerations: While offering tranquility and views, Fallbrook's more rural setting might entail longer commutes to major urban employment centers, which could be a drawback for some buyers.

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