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Welcome to 2966 Rainbow Valley! Nestled behind a private gate, this home is one of a kind with its terraced landscaping hosting a 2-bedroom 1 bath main home and a 1 bedroom 1-bathroom ADU with a kitchenette and in unit laundry. The main house features two cozy bedrooms, each offering a comfortable space for relaxation and rest. These bedrooms offer ample natural light and well thought out storage solutions. The single bathroom in the main house is designed for efficiency and style which includes modern fixtures and a completely redone shower to create a spa-like atmosphere. The kitchen is a focal point of the main house and has undergone upgrades for both functionality and aesthetics. With Quartz countertops and stylish cabinetry, the kitchen was designed to optimize space and create a pleasant cooking and dining experience. The main house living room boasts a beautiful fireplace with a stone mantle providing an area for both relaxation and entertainment. The ADU is a separate living space, complete with a private bedroom, bathroom and kitchen equipped with essential appliances. This can serve as a guest room, a home office, or a potential rental unit. The property offers multiple entertaining areas with the terraced landscape creating numerous spaces for whatever the occasion may be. Due to the layout, the exterior offers plenty of parking not only for guests but also parking for RVs, boats, or any other toys! Water and electric hookups for RV parking. Worried about rising utility costs? This home has 42 PAID OFF SOLAR PANELS and state of the art heating and cooling capabilities. Wanting to explore your inner green thumb? This property has 3 pomegranates, 3 lemons, 2 lime, 1 orange, 1 blood orange, 1 grapefruit, 1 loquat and 1 cherimoya tree which all produce. This property layout is not only functional but also versatile, offering various possibilities for living arrangements, such as accommodating extended family members, hosting guests, or generating rental income from the ADU. The combination of a well-upgraded main house and a separate ADU adds flexibility and value to the overall property. Come and see the "Secret Garden" today!
Listing agent: Jon Beck DRE #02050375 jon@authenticpre.com, Listing office: Authentic Partners
MLS data updated 10/19/2026, 7:30:21 PM PT
Source: CRMLS, MLS #: OC24001473
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 28, 2024
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
$725,000Closed sale · Mar 28, 2024ZIP 92028 · Mar 2024
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.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.
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.