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Off market
  • $1,484,500

    334 Rainbow Crest Rd, Fallbrook, CA 92028

    3beds
    2,556sqft
    Single Family Residence
    Built in 1992
    5.6 Acres Lot
    $1,484,500 Zestimate®
    $581/sqft
    $4,629 Estimated rent

    Home value

    $1,484,500

    $1.41M - $1.56M

    $4,629/mo

    Zestimate® history
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    What's special

    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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 8 hours ago

    Listing updated: November 17, 2025 at 09:43am

    Source: CRMLS,MLS#: TR25251868MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    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: 5.60 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 & neighborhood

    Security
    • Security features: Prewired, Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Smoke Detector(s)
    Community
    • Community features: Biking, Foothills, Golf, Hiking, Horse Trails, Stable(s), Rural
    Location
    • Region: Fallbrook
    • Subdivision: Fallbrook

    Other

    Other facts
    • Listing terms: Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/16/2024Listing removed--
    Source: SDMLS #230024319 Report a problem
    1/25/2024Pending sale$1,549,000$606/sqft
    Source: SDMLS #230024319 Report a problem
    1/11/2024Price change$1,549,000+3.3%$606/sqft
    Source: SDMLS #230024319 Report a problem
    12/23/2023Listed for sale$1,499,000+256.9%$586/sqft
    Source: SDMLS #230024319 Report a problem
    8/23/2002Sold$420,000$164/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,484,500