5521 Rainbow Heights Rd, Fallbrook, CA 92028
Single-family home · 3 recorded sales since 2018
Sold March 2024
Listing Agent: Joshua Kim (DRE #01989533) · Listing Office: eXp Realty of California, Inc. · Contact: 888-584-9427 · Bought with: Omar Ortiz · My Realty Company, Inc. · MLS #230020222SD · Source: CRMLS
How this sale compares
5521 Rainbow Heights Rd sold for $702,000 in March 2024, 0.4% over its $699,000 list price, after 11 days on the market. That works out to $791 per square foot on 888 square feet. Across 368 closed sales in 92028 over the last 12 months, the median sold price is $850,000 and the median is $419 per square foot, 47% below this sale's $791.
| Quarter | Closed sales in 92028 | Median sold price |
|---|---|---|
| Q1 2026 | 28 | $842,000 |
| Q2 2026 | 175 | $850,000 |
| Q3 2026 | 146 | $842,000 |
| Q4 2026 | 19 | $1,025,000 |
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
Description
PRIVATE oasis on a hilltop with VIEWS 1.95 acres. Bright open-concept living room with large windows. Sleek kitchen with ample counter space. Built in 2015, LED lights throughout, water softener, high ceilings, and all appliances included. Wake up to views from the bedroom and enjoy entertaining guests on the patio deck overlooking Rainbow Valley. Two sheds located on the property. One with a half bath. Other for storage. Enjoy the blood oranges, avocados, and guavas on this one of a kind location. The land has unlimited potential. NO HOA NO MELLO-ROOS.
Listing description from the March 2024 sale, as reported to CRMLS.
Sale history
Recent sales near 5521 Rainbow Heights Rd
1971 Candice Court: Sold $460,000 · Oct 2026
3066 Via Montevina: Sold $2,600,000 · 4 bd · 5 ba · 4,295 sqft · Oct 2026
3506 Lancewood Way: Sold $1,330,000 · 3 bd · 3 ba · 2,951 sqft · Oct 2026
1638 Calavo Road 63: Sold $309,900 · 3 bd · 2 ba · 1,284 sqft · Oct 2026
GRISELDA REYNA, BROKER | DRE #01812742
Buyer's agent: Veronica Sanchez, GRISELDA REYNA, BROKER | DRE #018127421866 Santa Margarita: Sold $1,049,000 · 3 bd · 3 ba · 2,179 sqft · Oct 2026
1732 E Mission Road: Sold $780,000 · 3 bd · 3 ba · 2,244 sqft · Oct 2026
Cooper Real Estate Group | DRE #01898439
Buyer's agent: Shadyn Hallman, Real Broker | DRE #020765873240 Via Del Cielo: Sold $1,830,000 · 4 bd · 5 ba · 3,634 sqft · Oct 2026
3043 Via Montevina: Sold $3,048,000 · 4 bd · 5 ba · 4,707 sqft · Oct 2026
Closed sales reported in 92028, newest first, last 12 months. All recent sales in Fallbrook →