Opening page…
Active
- Listed price
- $879,000
- Listed Aug 20, 2026 · $584/sq ft
- Last sold price
- No recorded sale
3 beds|2 ba|1,506 sqft|134,600.4 sqft lot|1974 Built|21 days listed
5741 Rainbow Heights Rd, Fallbrook, CA 92028
Property Description
Welcome to this peaceful paradise just a few minutes from the freeway. Recently remodeled, this home also has a newer roof, paid for solar with a generator, a well, and newer heating and air! 3.09 acres of basically flat land. Horses welcome. This three-bedroom, two-bath VIEW property offers so much more. With the remodel completed, there’s little to do inside, so let the fun begin on this acreage. Currently, the landscape consists of citrus, nut and fruit trees, and as a bonus has been developed as a FLOWER farm for the current owner’s floral business. With an amazing outside office/creative space, the vibes are amazing. Excellent areas for future guest house, corrals, a barn, literally whatever you dream of having. There is no HOA. Not far from 15 freeway as the property is not far up Rainbow Heights Rd. This home ticks all the boxes, hurry to come see it. Animal designator of L very flexible.
Listing agent: Teresa AdamsDRE #01970935TLAdams3733@gmail.com, Listing office: Sunshine Properties RealEstate
MLS data updated 10/16/2026, 8:52:45 PM PT
Source: CRMLSMLS #: NDP2607870
Get to know Fallbrook
Check your commute
Choose a destination and your usual departure time. Travel times vary by route and day.
Plan a route on Google MapsConfirm schools
Check the exact property address with the district. A city or ZIP code alone does not establish school eligibility.
LA County district lookupParks and everyday stops
Check access, facilities and current hours before visiting. Explore the area around the home, not just the city center.
Explore nearby parks on Google MapsOfficial district, city and transit resources checked September 22, 2026. External map results are provided by Google.
Read Belmont’s local buyer guidesRenovation scenario calculator
Enter your own resale and cost assumptions. This tool does not estimate market value or confirm that an addition is permitted. Asking price: $879,000.
Complete every cost field, entering 0 where appropriate, to calculate a scenario.
Include permits, design, contingencies, taxes and transaction costs in your budgets. Validate the resale assumption with recent comparable sales. Results are hypothetical, before income taxes, and are not a profit forecast.
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$879,000
Aug 20, 2026
Available records12026
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
$879,000Original asking price · Aug 20, 2026ZIP 92028 · Aug 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 · 1 price recordsAug 20, 2026 – Aug 20, 2026
ZIP 92028 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
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.