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Closed
- Listed price
- $385,000
- Listed Oct 13, 2021 · $608/sq ft
- Sold price
- $345,000
- Sold Jan 14, 2022
2 beds|2 ba|633 sqft|912 sqft lot|1921 Built|61 MLS days on market
2041 43 Rainbow Valley Blvd, Fallbrook, CA 92028
Property Description
Beautiful & quaint 2BR Craftsman cottage home in desirable rural Fallbrook! Zoned for 'mixed use’ this property offers tons of potential & can be used for both your residential &/or commercial needs if desired. Completely updated by the current owner with newer plumbing & electrical systems, a newer roof, reinforced foundation, newer fencing fully surrounding the property for privacy & much more! Interior upgrades include engineered hardwood & tile flooring throughout, upgraded Low-E windows & slider, completely remodeled kitchen & baths w/ quartz countertops & all upgraded modern fixtures. A vaulted ceiling in the living area allows for tons of natural light throughout the home. Property also offers lots of off-street parking & enclosed backyard patio area for outdoor dining & relaxing. Outdoor washer/ dryer hook-ups on-site. While preserved w/ its’ original, vintage character & historical zoning, this unique gem also offers all the right touches of the more modern upgrades you’ll desire in a home! Property was declared a county historic site in 1988 & it has entertained many businesses throughout the years. Located approx. 10 mins from Old Town Temecula & the French Valley wineries while also close to easy I-15 freeway access South to San Diego or East towards the Coast. NO HOA fees & the historical designation can save you every year on your tax-base too! Sewer: Septic Installed Topography: LL
Listing agent: Todd RomanoDRE #01803326RomanoRealtor@gmail.com, Listing office: Century 21 Award
MLS data updated 10/22/2026, 1:50:47 PM PT
Source: CRMLSMLS #: 210028697
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$345,000
Jan 14, 2022
Available records22021–2022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$345,000Closed sale · Jan 14, 2022ZIP 92028 · Jan 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsJan 14, 2022 – Jan 14, 2022
ZIP 92028 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.