335 Rainbow Crest
Fallbrook, CA 92028
- 4 beds
- 4 baths
- 2,845 sqft
- ~6 acre lot
- $391 per sqft
- 1983 build
- – on site
ANOTHER HUGE PRICE DROP!!!Welcome to this wonderful property, THREE SEPARATE HOMES,PLUS HUGE SHOP/GARAGE Set upon a sloping 5.8 AC in the easterly Hills of Fallbrook known as Rainbow! Artist's RETREAT, sanctuary of serenity and peaceful harmony with impressive views and PRIVACY tucked away from the main road with gated entry! Each home has UNIQUE APPOINTMENTS, CARVED WOOD DOORS, STAINED GLASS, REAL WOOD, IMMACULATE! Homes complement and bring the surrounding natural beauty "inside". Two of the homes are single family- The main home is called Cedar House, and the second home is the Guest House which has a huge garage and workshop. The third residence is a turnkey smaller furnished bungalow called The Hideaway. There are multiple private areas to relax on this one property. ideal for VRBO or extended family compound One of the many patios has a spot to enjoy an invigorating outside shower! Seller has successfully operated vacation rental opportunities while living in the guest & home all are tastefully decorated and upgraded. This is a very unique and highly desirable offering with so many possibilities for this price. The orientation of these homes takes best advantage of the cooling ocean breeze through the Rainbow Gap. Some of the many amenities include paid for solar, real hardwood flooring, steam showers & therapy tub for health, floated tile baths- not tile on greenboard, 2x6 construction, ambience & track & outdoor rope lighting, fruit trees, multiple energy use of solar, propane, and wood, Drip irrigation and timer stations, three pen sheltered kennel for dogs, or chickens, or goats, three additional rough pads, partially fenced with perimeter fencing around the homes, driveway is paved and there are additional paved & dirt roads throughout the property, built-in artistic touches throughout all 3 of these handcrafted dwellings incl. leaded and stained glass, carved wood doors, builtins, many more thoughtful upgrades in these lovingly maintained homes. Visitors are often stunned at the peaceful silence and views that are a kaleidoscope of change, extending out to Pala Valley & Mt. Palomar Feels worlds away but less than 5 miles to interstate 15 and all services and just a 15 minute drive down into the quaint and tranquil Village of Fallbrook with lots of shopping, restaurants, wineries, and entertainment venues. "50-year" roofs were put on all 3 buildings and currently Orkin termite insurance. Current owner may like to rent back the 360 sq ft. Hideaway as a part-time home base; current owner may be willing to pay to install washer /dryer at Hideaway if she rents back.
Last checked:
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Last updated Apr 23, 2025
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MLS# NDP2410607 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1983
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Year Built Source:Seller
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Construction Materials:Drywall Walls, Frame, Stucco
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Architectural Style:Bungalow, Cape Cod, Custom Built, Ranch, See Remarks
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Roof:Composition
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Exterior Features:Awning(s), Barbecue Private, Kennel, Lighting, Balcony
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Stories Total:2
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Entry Level:2
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Patio And Porch Features:Cabana, Concrete, Deck, Enclosed, Lanai, Rear Porch
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Patio:1
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Accessibility Features:Low Pile Carpeting
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Common Walls:No Common Walls
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Faces:East
Interior
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Features:2 Staircases, Balcony, Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry
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Levels:Two
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Entry Location:2
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Eating Area:Area, Breakfast Counter / Bar, Family Kitchen, In Living Room, See Remarks
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Window Features:Double Pane Windows, Screens
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Flooring:Laminate, Carpet, Tile, Wood
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Room Type:Great Room, Kitchen, Laundry, Two Primaries, Workshop
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Living Area Units:Square Feet
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Living Area Source:Seller
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Fireplace:Yes
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Fireplace:Wood Burning
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Laundry:Individual Room
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Laundry:1
Room Dimensions
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Living Area:2845.00
Financial & Terms
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Disclosures:Easements, Accessory Dwelling Unit
Location
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Directions:USE GPS
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Latitude:33.37816000
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Longitude:-117.11430900
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Property Condition:Turnkey, Updated/Remodeled
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Zoning:RESIDENTIAL
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Lot Features:Back Yard, Front Yard, Landscaped, Paved
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Lot Size Area:5.8600
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Lot Size Acres:5.8600
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Lot Size SqFt:255261.60
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Lot Size Source:Assessor
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View:1
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View:Hills, Mountain(s), Panoramic
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Fencing:Average Condition, Chain Link, Partial
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Fence:Yes
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Sprinklers:No
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Security Features:Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
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Road Frontage:Maintained, County Road, Private Road, Access Road
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Road Surface Type:Paved
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Additional Parcels:No
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Other Structures:Guest House, Outbuilding, Two On A Lot
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:93031
Beds
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Total Bedrooms:4
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Main Level Bedrooms:3
Baths
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Total Baths:4
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Bathroom Features:Double sinks in bath(s), Exhaust fan(s), Jetted Tub, Linen Closet/Storage, Low Flow Toilet(s), Remodeled, Vanity area, Shower, Bathtub
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Full & Three Quarter Baths:4
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Main Level Baths:2
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Full Baths:3
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Three Quarter Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:1100212000
Heating & Cooling
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Heating:1
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Heating:Combination, Propane, Wood Stove
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Cooling:No
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Cooling:None
Utilities
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Utilities:Propane, Electricity Connected
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Sewer:Conventional Septic
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Electric:Electricity - On Property
Appliances
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Included:No
Schools
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High School District:Fallbrook Union
The Community
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Neighborhood:RAINBOW
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Units in the Community:3
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Features:Mountainous, Rural
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking:Yes
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Parking:Boat, Covered, Direct Garage Access, Driveway, Gravel, Garage, Garage Faces Side, Garage - Two Door, Garage Door Opener, Gated, Public, RV Access/Parking, RV Potential, Uncovered, Workshop in Garage
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Parking Spaces:13.00
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Attached Garage:Yes
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Garage Spaces:3.00
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Uncovered Spaces:10.00
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Remotes:2
Monthly cost estimate

Asking price
$1,115,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,970
|
Taxes | N/A |
Insurance | $306 |
Utilities | $247 See report |
Total | $6,523/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/10/25
Apr 10, 2025
|
Price Changed | CRMLS_CA | $1,115,000 | -6.0% |
12/14/24
Dec 14, 2024
|
Listed / Active | CRMLS_CA | $1,186,000 | |
10/5/22
Oct 5, 2022
|
Price Changed | CRMLS_CA |