HILLTOP EQUESTRIAN PROPERTY with DISTANT OCEAN VIEWS This property offers cool ocean breezes in rural, quiet seclusion including well designed horse amenities, all within 15 min of all city amenities/shopping/wineries & 3 different golf resorts. 5.6 acres, on a quiet secluded hilltop ALL FULLY FLAT & USABLE LAND Well suited for a private training/sales facility, a Rehab center, Equine therapy, or the discriminate private horse owner. INVESTOR ALERT: Property may be subdivided into two 2.8-acre parcels, both offering residential space and equestrian amenities. Fast & easy freeway access from 2 directions to I-15 just 5 min down the hill. Southern access road from Hwy 76 is specifically build for semi truck/large horsetrailer access. Property is fully fenced & gated (outer perimeters incl. chain-link fence for dogs) 2560sq, 3Br, 3 full Ba + Den, Spanish style custom home with a modern & warm ambience, largely remodeled in 2019 & further extensive updates in 2025 incl. a brand new roof. High, cathedral ceilings throughout living area give an open feel Inviting huge Master suite & large bathroom w. jetted tub & double shower Kitchen shows granite counter tops & stainless steel appliances 2 wood-fireplaces in living room & family room, plus 1 electric fireplace in Master suite ---------------- 6-stall (12x12 stalls w. paddocks) custom built Silverado barn with extra high/wide raised breezeway - 16' wide barn isle Wood paneled stall fronts- Colored concrete barn isle- Large Porch for hay storage & socializing- Tack room 12x12 - Indoor, hot water wash stall w. oversized water heater - Automatic fire sprinkler system acc. to CA building code ----------------------- Additional 6-stall mare motel barn(12x24 stalls) 90x180 arena with professional German Geo Textile (GGT) footing and irrigation system - 5 large seasonal pastures - Well existing on property (not in use) Property is currently on Municipal water w. agricultural discount Plenty of room for additional arenas/horse facilities Everything on this Equestrian property is fully permitted and built by licensed contractors. Direct, unlimited trail riding access on well maintained fire-roads into the surrounding hills, right out your gate. Zoned for 10 horses/acre (Total of 55 horses - L2 zoning - Residential/Agric) The property location is naturally protected from Santa Ana Winds. Home may be available turn-key, fully furnished, subject to separate negotiation.
For sale
Listing Provided by:
Jonathan Minerick DRE #01523060 888-400-2513,
Homecoin.com
$1,555,000
334 Rainbow Crest Rd, Fallbrook, CA 92028
3beds
2,556sqft
Est.:
Single Family Residence
Built in 1992
5.6 Acres Lot
$1,500,900 Zestimate®
$608/sqft
$-- HOA
What's special
Wood paneled stall fronts
- 92 days |
- 435 |
- 29 |
Zillow last checked: 8 hours ago
Listing updated: November 17, 2025 at 09:43am
Listing Provided by:
Jonathan Minerick DRE #01523060 888-400-2513,
Homecoin.com
Source: CRMLS,MLS#: TR25251868
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Center Hall, Den, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Office, Other, Dining Room
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathtub, Dual Sinks, Jetted Tub, Linen Closet, Multiple Shower Heads, Remodeled, Separate Shower, Walk-In Shower
Kitchen
- Features: Granite Counters, Kitchen/Family Room Combo, Pots & Pan Drawers, Remodeled, Updated Kitchen, Utility Sink
Cooling
- Central Air, Electric, Attic Fan
Appliances
- Included: 6 Burner Stove, Barbecue, Dishwasher, Free-Standing Range, Freezer, Ice Maker, Microwave, Propane Range, Refrigerator, Self Cleaning Oven, Water Heater, Washer
- Laundry: Washer Hookup, Inside, Laundry Room, Propane Dryer Hookup
Features
- Breakfast Area, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Unfurnished, All Bedrooms Up, Primary Suite, Walk-In Closet(s)
- Flooring: Tile
- Doors: French Doors
- Windows: Bay Window(s)
- Has fireplace: Yes
- Fireplace features: Dining Room, Electric, Family Room, Living Room, Primary Bedroom, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,556 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Attached
- Attached garage spaces: 3
Accessibility
- Accessibility features: Safe Emergency Egress from Home, Accessible Doors
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Patio, Stone
- Exterior features: Barbecue
- Pool features: None
- Fencing: Chain Link,Electric,Security,Vinyl
- Has view: Yes
- View description: City Lights, Coastline, Hills, Mountain(s), Ocean, Panoramic, Pasture
- Has water view: Yes
- Water view: Coastline,Ocean
Lot
- Size: 5.6 Acres
- Features: Agricultural, Garden, Horse Property, Lawn, Lot Over 40000 Sqft, Orchard(s), Sprinkler System
Details
- Additional structures: Barn(s), Stable(s)
- Parcel number: 1100215200
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Spanish Tile
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1992
Utilities & green energy
- Electric: Standard
- Sewer: Septic Tank
- Water: Public, Private
- Utilities for property: Cable Available, Electricity Connected, Propane, Underground Utilities, Water Available, Water Connected
Community & HOA
Community
- Features: Biking, Foothills, Golf, Hiking, Horse Trails, Stable(s), Rural
- Security: Prewired, Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Smoke Detector(s)
- Subdivision: Fallbrook
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $608/sqft
- Tax assessed value: $669,828
- Annual tax amount: $7,339
- Date on market: 11/4/2025
- Cumulative days on market: 93 days
- Listing terms: Submit
- Road surface type: Paved
Estimated market value
$1,500,900
$1.43M - $1.58M
$4,495/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2025 | Listed for sale | $1,555,000+0.4%$608/sqft |
Source:  CRMLS #TR25251868 Report a problem | ||
| 2/16/2024 | Listing removed | -- |
Source:  SDMLS #230024319 Report a problem | ||
| 1/25/2024 | Pending sale | $1,549,000$606/sqft |
Source: SDMLS #230024319 Report a problem | ||
| 1/11/2024 | Price change | $1,549,000+3.3%$606/sqft |
Source: SDMLS #230024319 Report a problem | ||
| 12/23/2023 | Listed for sale | $1,499,000+256.9%$586/sqft |
Source: SDMLS #230024319 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,339 +1.8% | $669,828 +2% |
| 2024 | $7,211 +2.3% | $656,695 +2% |
| 2023 | $7,047 +1.1% | $643,819 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,781/mo
Principal & interest
$7721
Property taxes
$1516
Home insurance
$544
Climate risks
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 6/10Vallecitos Elementary SchoolGrades: K-8Distance: 3.1 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 7.5 mi
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