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Closed
- Listed price
- $744,900
- Listed Jul 1, 2021 · $352/sq ft
- Sold price
- $775,000
- Sold Aug 27, 2021
5 beds|3 ba|2,117 sqft|34,848 sqft lot|1964 Built|19 MLS days on market
5450 Rainbow Heights Rd, Fallbrook, CA 92028
Property Description
REMODELED, USEABLE LAND, & GUEST SUITE...With over $155K invested in the remodel, this professionally designed home sits on .75 acres & offers 4 bedrooms w/ an additional optional bedroom and 3 full bathrooms. The downstairs can be used as a guest house or mother-in-law quarters, as it features a kitchenette, full bath, 2 large rooms, and separate entrance. The home boasts a gorgeous kitchen w/ new cabinets, quartz counters, spacious island, black stainless appliances, and a custom backsplash. The master suite offers a stylish remodeled bathroom w/ an oversized shower, dual sinks & a walk in closet. The home also features new flooring throughout the entire home, remodeled bathrooms, upgraded base & casing, new windows, a new roof, new plumbing & electrical fixtures, newer HVAC, & new lighting fixtures. Step outside & enjoy over 3/4 of an acre with plenty of room for a pool, space to entertain, raise animals, build a shop, and RV parking. Come see the best Fallbrook has to offer. ***NOTE the custom garage door and opener will be installed in 2 weeks*** Sewer: Septic Installed Topography: LL
Listing agent: Louis ZemberDRE #01922973louiezember@gmail.com, Listing office: Zember Realty Group
MLS data updated 10/22/2026, 10:41:05 PM PT
Source: CRMLSMLS #: 210018302
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$775,000
Aug 27, 2021
Available records22021
From MLS recordsActual listing and closing events
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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.This home · 0 price recordsNo records in this period
ZIP 92028 · same property typeLoading eligible closed sales…
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Recorded sales in this period (0)
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.
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.