Single-family home
Listing Agent: Kelley Thompson (DRE #01256587) · Listing Office: Thompson & Associates · Contact: 760-723-1708 · Bought with: Michael Sumner · Carrington RealEstate Services · MLS #150051054 · Source: CRMLS
5434 RAINBOW HEIGHTS ROAD sold for $469,000 in November 2015, 2.1% under its $479,000 list price, after 27 days on the market. That works out to $247 per square foot on 1,900 square feet. Across 337 closed sales in 92028 over the last 12 months, the median sold price is $846,000 and the median is $420 per square foot — 70% above this sale's $247.
| Quarter | Closed sales in 92028 | Median sold price |
|---|---|---|
| Q1 2026 | 28 | $842,000 |
| Q2 2026 | 175 | $850,000 |
| Q3 2026 | 134 | $835,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Fallbrook · Homes for sale in 92028
Great country home on 2 acres with lots of possibilities. 3BR/3BA single story home with detached over sized 3 car garage and covered carport plus lots of room for RV or extra cars. Gentle property ideal for horses, nursery, farm or gardening. Small unmaintained macadamia grove and some family fruit trees on property. Covered breezeway and private patio area. Laundry room and extra storage room. Nice views and wonderful ocean breezes. Easy commute to I-15 and Temecula.
Listing description from the November 2015 sale, as reported to CRMLS.
MLS-reported closed sales in 92028, nearest first (last 12 months). All recent sales in Fallbrook →
5434 RAINBOW HEIGHTS ROAD last sold in November 2015 for $469,000, according to CRMLS-reported closed sales.
$469,000, 2.1% below the $479,000 list price, after 27 days on the market — about $247 per square foot.
337 homes closed in ZIP 92028 over the last 12 months at a median of $846,000 ($420 per square foot). This sale was $247 per square foot.
5434 RAINBOW HEIGHTS ROAD is not currently listed on the MLS. Browse current homes for sale in Fallbrook on Nalren.