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728 Rainbow Hills Rd, Fallbrook, CA 92028

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For Sale

$850,000

2 beds • 2 baths • 2,041 sqft

Estimated Payment

$ 4,415 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $416.46
    Price per square foot

  • 41-50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Discover your own slice of paradise with this single-level, 2-bedroom, 2-bathroom, 2,041 sq. ft. home set on an expansive 3.76-acre lot in Fallbrook. Boasting panoramic views, this move-in-ready freshly painted property offers endless possibilities. The huge, usable, and buildable lot features a thriving garden with an avocado orchard and a variety of fruit and vegetable plants truly a gardener s dream. The land is sustained by a private well, while the home is connected to city water for added convenience. Enjoy the benefits of owned solar and embrace country living with modern amenities, all while being surrounded by stunning natural beauty. Don t miss this rare opportunity!
MLS# 250017674

Courtesy Of Redfin Corporation

(877) 973-3346

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Fireplace
    Fireplace
  • Heating System
    Fireplace
  • Lot Size
    3.76 Acres
  • Roof Type
    Tile
  • Rooms
    Dining Room, Family Room, Kitchen, Living Room, Master Bathroom
  • View Type
    Canyon, Panorama, Valley

Map and Directions

Directions to 728 Rainbow Hills Rd, Fallbrook, CA 92028

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $4,415
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $4,415

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Vallecitos Elementary School

Grades PK-8 Public School

Fallbrook, CA 92028 1.7 miles
5211 5th st

187 total students
19:1 Student teacher ratio

School Rating: C

School Details

Fallbrook High School

Grades 9-12 Public School

Fallbrook, CA 92028 5.2 miles
2400 s stage coach ln

1964 total students
21:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
William H. Frazier Elementary School 3.1 miles Public KG-6 C+
Live Oak Elementary School 3.2 miles Public KG-6 C
St Peter The Apostle Catholic School 3.4 miles Private PK-8
James E. Potter Intermediate School 3.5 miles Public 7-8 C-
Zion Lutheran School 3.6 miles Private PK-6
La Paloma Elementary School 3.8 miles Public KG-6 B+
Fallbrook Homeschool Academy 4.4 miles Public KG-8 D+
Santa Margarita Academy 4.5 miles Public 4-8
Alpha And Omega Academy 4.6 miles Private PK-12
Fallbrook Street Elementary School 4.9 miles Public KG-6 B-
Oasis High (alternative) 4.9 miles Public 9-12 B
Mike Choate Early Childhood Education Center 4.9 miles Public
Maie Ellis Elementary School 4.9 miles Public KG-6 C-
Ivy High (continuation) 5.1 miles Public 9-12 D
Temecula Luiseño Elementary School 5.9 miles Public KG-5 B
Great Oak High School 6 miles Public 9-12 A+
Erle Stanley Gardner Middle School 6.1 miles Public 6-8 A
Helen Hunt Jackson Elementary School 6.4 miles Public KG-5 B+

William H. Frazier Elementary School

Distance: 3.1 miles

Type Public

Grades: KG-6

C+

Live Oak Elementary School

Distance: 3.2 miles

Type Public

Grades: KG-6

C

St Peter The Apostle Catholic School

Distance: 3.4 miles

Type Private

Grades: PK-8

James E. Potter Intermediate School

Distance: 3.5 miles

Type Public

Grades: 7-8

C-

Zion Lutheran School

Distance: 3.6 miles

Type Private

Grades: PK-6

La Paloma Elementary School

Distance: 3.8 miles

Type Public

Grades: KG-6

B+

Fallbrook Homeschool Academy

Distance: 4.4 miles

Type Public

Grades: KG-8

D+

Santa Margarita Academy

Distance: 4.5 miles

Type Public

Grades: 4-8

Alpha And Omega Academy

Distance: 4.6 miles

Type Private

Grades: PK-12

Fallbrook Street Elementary School

Distance: 4.9 miles

Type Public

Grades: KG-6

B-

Oasis High (alternative)

Distance: 4.9 miles

Type Public

Grades: 9-12

B

Mike Choate Early Childhood Education Center

Distance: 4.9 miles

Type Public

Grades:

Maie Ellis Elementary School

Distance: 4.9 miles

Type Public

Grades: KG-6

C-

Ivy High (continuation)

Distance: 5.1 miles

Type Public

Grades: 9-12

D

Temecula Luiseño Elementary School

Distance: 5.9 miles

Type Public

Grades: KG-5

B

Great Oak High School

Distance: 6 miles

Type Public

Grades: 9-12

A+

Erle Stanley Gardner Middle School

Distance: 6.1 miles

Type Public

Grades: 6-8

A

Helen Hunt Jackson Elementary School

Distance: 6.4 miles

Type Public

Grades: KG-5

B+

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Fallbrook, CA 92028

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Fallbrook, CA 92028

This community’s employment is highest in the food and administrative support industries. The area’s overall household expenses are below the national average.

87° August
Hottest Average Month
43° December
Coldest Average Month
17,324 Total Households in Area
0.2% Increase in population since the year 2010
33.2%
of households
have children
30 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Fallbrook, CA 92028

Fallbrook, CA 92028 has a population of 51,911 people in 17,324 households with a median age of 37.9 years old.

0.2%
Increase in population
since the year 2010
Population is Trending up
17,013
Total households as of 2010
4.9%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 37.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 54%
Hispanic 40%
Other 20%
Asian 4%
Native American 3%
Black 2%
The most prevalent ethnicity is White at 54%, followed by Hispanic at 40%, Other at 20%, and Asian at 4%.

Economics
for Fallbrook, CA 92028

444 /sq mi
Population Density
$95,344 /yr
Median Household Income
$749,500
Median Sales Price
30 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 16.02% of the households.

Transportation to Work

  • Drive 86%
  • Work from Home 10%
  • Walk or Bike 4%
  • Public Transit 1%

Occupancy by Type

Owned 11,715 64%
Rented 5,609 31%
Vacant 900 5%

White vs Blue Collar Jobs







White Collar 74%
Blue Collar 26%

Family & Education Facts
for Fallbrook, CA 92028

37.9 Median Age

Average Household Size

2.9
persons per
household

60.1%

Married Households

Community Population By Education

Some College 23%
Bachelors Degree 22%
High School Graduate 21%
Graduate Degree 13%
Some High School 13%
Associates Degree 8%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 23.37% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
33.2% of households have children

Weather
for Fallbrook, CA 92028

The weather for this area ranges from a high of 87° F in August to a low of 43° F in December

87° August
Hottest Average Month
43° December
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
43°
67°
Feb
44°
67°
Mar
45°
68°
Apr
48°
71°
May
52°
74°
Jun
56°
79°
Jul
59°
86°
Aug
61°
87°
Sep
58°
85°
Oct
53°
79°
Nov
47°
73°
Dec
43°
68°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Fallbrook, CA 92028!
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Copyright © 2025 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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