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5534 Rainbow Heights Rd, Fallbrook, CA 92028

Sale Price: $1,065,000
Jul 3, 20242,515 sqft3 beds3 baths
Listed by: Rebecca Monge
License #: 01961244
Phone #: 760-912-4731
Professional Realty Services
Source:
CRMLS Logo
MLS #: NDP2405860

Property Description

Welcome to your dream home, a paradise that feels like a perpetual vacation! This enchanting compound is connected by charming pathways, bridges, and breezeways, all nestled amidst quaint gardens and romantic seating areas with lush, mature landscaping and pontoon lighting. Enjoy outstanding, unobstructed forever views that showcase stunning sunsets and even a glimpse of the ocean on a clear day. Experience tranquility and privacy, while being a mere 5-minutes from the 1-15 Freeway, and approximately 15-minutes to Old Town Temecula or Downtown Fallbrook. The 2-bedroom, 2-bathroom main house exudes rustic charm with beamed ceilings, wood flooring, and a brick wood-burning fireplace. Updated throughout with fresh paint, newly installed 4-inch baseboards, solid wood interior doors, and sliding barn doors. The roomy eat-in kitchen boasts vaulted ceilings, custom cabinetry, an oversized Cherry woodblock island, quartz countertops, and stainless-steel appliances. Six skylights throughout make the home bright and airy with views from nearly every window. Step out the Dutch door to a covered path leading to a separate office or studio, and just steps away is an updated laundry room. A beautiful fenced and hedged terraced garden with rock walls, tile inlays, raised garden beds, and a chicken coop separates the main house from a detached 815 SF, 1-bedroom, 1-bathroom casita with a full-sized kitchen and bathroom. Above the casita is a 250 SF bonus room offering endless possibilities for a man cave, game room, and more. Two garage spaces and a large storage room or workshop provide ample space for parking and equipment. Enjoy the breathtaking views from multiple vantage points throughout the property, including the multi-level Trex deck, courtyard, gazebo, and two expansive decks off the main house. Numerous updates include a newer roof, new electric panel, tankless water heaters, updated deck railing, and more! This life-sized magical woodland is situated on a private road atop 2.56 acres with fruit trees including macadamia nut, apple, plum, lime, lemon, orange, apricot, kumquat, avocado, pomegranate, and blackberries.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,955

TurboHome Estimated Value

$1,043,000

$415 sqft

High Valuation
$1,095,150
$435/sqft
Normal Valuation
$1,043,000
$415/sqft
Low Valuation
$990,850
$394/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$415/sqft$1,043,000

Neighborhood

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Comparative Value

$975K

$1.06M

$1.09M

$1.10M

$1.14M

6500 Rainbow Heights Rd, Fallbrook, CA 92028

Sale Price: $975,000

Selected Comparable

5534 Rainbow Heights Rd, Fallbrook, CA 92028

Sale Price: $1,065,000

Selected Comparable

5534 Rainbow Heights Rd, Fallbrook, CA 92028

List Price: $1,089,000

Subject Property

1131 Rainbow Valley Blvd, Fallbrook, CA 92028

Sale Price: $1,100,000

Selected Comparable

6132 Rainbow Heights Rd, Fallbrook, CA 92028

Sale Price: $1,137,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
5534 Rainbow Heights Rd, Fallbrook, CA 92028

5534 Rainbow Heights Rd, Fallbrook, CA 92028

List: $1,089,000

Listed: 7/3/2024

Area:2,515 sqft
Price/sqft:$433
Beds:3
Baths:3
Year Built:
Lot Size:112,384.8

Comparable Properties

COMPARABLE
Choose comps
5534 Rainbow Heights Rd, Fallbrook, CA 92028

5534 Rainbow Heights Rd, Fallbrook, CA 92028

Sale: $1,065,000

8/30/20240.00 mi

Area:2,515 sqft
Price/sqft:$423
Beds:3
Baths:3
Year Built:
Weight:29.7%
6132 Rainbow Heights Rd, Fallbrook, CA 92028

6132 Rainbow Heights Rd, Fallbrook, CA 92028

Sale: $1,137,000

7/14/20250.74 mi

Area:2,820 sqft
Price/sqft:$403
Beds:3
Baths:3
Year Built:
Weight:28.2%
6500 Rainbow Heights Rd, Fallbrook, CA 92028

6500 Rainbow Heights Rd, Fallbrook, CA 92028

Sale: $975,000

9/27/20240.71 mi

Area:2,748 sqft
Price/sqft:$355
Beds:3
Baths:3
Year Built:
Weight:25.8%
1131 Rainbow Valley Blvd, Fallbrook, CA 92028

1131 Rainbow Valley Blvd, Fallbrook, CA 92028

Sale: $1,100,000

9/4/20241.30 mi

Area:2,708 sqft
Price/sqft:$406
Beds:4
Baths:4
Year Built:
Weight:16.3%

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