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Welcome to 3015 Rainbow Glen! Nestled in Fallbrook's breathtaking hills near the Santa Margarita River Valley sits a spectacular Tuscan-inspired property full of character and warmth. Situated on nearly 5.5 acres this beautifully updated, turnkey home offers 3,100+ sq. feet with a grand entry and living room, expansive kitchen, cozy family room, large office with built-ins, 3 spacious bedrooms, 2.5 baths, interior laundry, and 3 car garage. Unobstructed views of the surrounding valley and foothills from nearly every room! The home is equipped with a newer solar panel system, and the property holds great potential for a grove or vineyard. Some of the many interior features include: travertine flooring, neutral carpeting, granite counters, crown moulding, ceiling fans, and multiple sliding doors to access the fantastic patios overlooking the park-like setting, and don't forget the huge balcony off the master bedroom! Any of these relaxing spots would be the perfect place to enjoy your morning coffee or stargazing at night. Aside from the beautiful oak trees and family orchard, the opportunities to utilize the amazing space are endless! A short 3 mile drive from the I15 freeway will lead you from the chaos of city life to this quiet, rural setting in less than 10 minutes. Avoid the hustle and bustle...come and see what a slower paced lifestyle in the serene hills of Fallbrook looks like. Low taxes too! Call for an appointment today! (tax records incorrectly list 5 bed/3 bath.)
Listing agent: Janelle Laidlaw DRE #01476249 janelle.laidlaw@camoves.com, Listing office: Coldwell Banker Res-Vail Ranch
MLS data updated 10/19/2026, 2:16:09 AM PT
Source: CRMLS, MLS #: SW17105875
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jan 3, 2018
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
No recordNo property-price record in this range.ZIP 92028 · Oct 2026
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.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
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.