For Sale: 334 Rainbow Crest Road, Fallbrook, CA 92028. 3-bedroom 3-bath, 2556 sf, 1992 Fallbrook $1,599,900 begin new search
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Overview

Professional Equestrian Estate on 5.6 Fully Usable Acres! Discover a rare opportunity to own one of North San Diego County’s most versatile equestrian properties. Privately situated on a picturesque hilltop valley in East Fallbrook near Pala, this exceptional 5.6-acre estate offers panoramic valley and ocean-horizon views, refreshing coastal breezes, and direct access to miles of maintained riding trails. Purpose-built as a professional sport-horse import and sales facility, the property combines extensive, commercial-grade equestrian improvements with A70 multi-use zoning. It is well suited for training, boarding, breeding, other permitted equestrian uses, or the discerning private horse enthusiast. The property is approximately three miles from Highway 76, 5 mile to I-15, 15 minutes from Highway 79 in Temecula, and 20 minutes from Galaway Downs or the pacific coast. The custom Spanish-style residence encompasses approximately 2,650 square feet and features three bedrooms, three full bathrooms, plus downstairs a office/den (could be a downstairs bedroom). Enjoy warmth and character throughout this thoughtfully designed home, featuring three fireplaces—two traditional wood-burning fireplaces in the living and dining rooms, plus a cozy electric fireplace in the Primary Bedroom. The home features easy-care tile flooring throughout the main living areas, with comfortable carpeting reserved for the upstairs bedrooms. Three large, double-pane bay windows bring in abundant natural light while adding charm, architectural interest, and energy efficiency. Recently updated with a new Spanish tile roof, the home offers a bright, open floor plan with cathedral ceilings. The spacious primary suite includes a jet tub, oversized double shower, walk-in closet, and electric fireplace. The granite-appointed kitchen features stainless steel appliances. Thoughtfully built using substantial 4x6 structural framing throughout the home, providing enhanced strength, durability, and a solid, substantial feel. The professionally designed equestrian facilities include a custom six-stall Silverado barn with 12-by-12-foot stalls and attached paddocks. The barn features an extra-high, raised breezeway, a 16-foot-wide colored-concrete aisle, wood-paneled stall fronts, a large, covered porch, a 12-by-12-foot tack room, an indoor hot-water wash stall, and a permitted automatic fire-sprinkler system. An additional six-stall mare motel offers generously sized 12-by-24-foot stalls. The irrigated 90-by-180-foot arena is finished with premium German GGT footing. Five large seasonal pastures provide additional space, with ample room available for more arenas or equestrian improvements. The grounds are fully fenced and gated, including chain-link perimeter fencing suitable for dogs. Municipal water is available at an agricultural rate, and the property also has a private well that is not currently in use. Additional advantages include reported capacity for up to 50 horses under the county animal designation (L). All equestrian improvements were professionally designed, fully permitted, and constructed by licensed contractors, with a documented replacement value exceeding $500,000. Exceptional privacy, professional-quality facilities, usable acreage, breathtaking panoramic views clear to the pacific, and convenient freeway access make this a truly distinctive equestrian estate. A major new shopping destination, Pala Ranch, is planned just 3.5 miles downhill at the I-15/Hwy 76 intersection, with construction anticipated to begin in spring 2027. Once completed, shopping, restaurants, and supermarkets will be approximately five minutes away, adding significant convenience and enhancing the property’s future value potential.

Address 334 Rainbow Crest Road

Fallbrook, CA 92028
Listing Status Active
Asking Price $1,599,900
On Market Date $1,599,900 @ Sep 3, 2026
Listed / On-Market Entered Sep 2, 2026
Original Entry Sep 2, 2026
Property Condition Updated/Remodeled
Rooms
Primary Bedroom, Laundry, Bonus Room, Office, Living Room, Primary Bathroom
Square Footage 2556 sf
Flooring Tile, Carpet
Bedrooms 3
Full Bathrooms 3
Location
Directions Directions from Hwy 76: Rice Canyon Rd, right on Huntley Rd. and right on Mordigan Lane, left on Rainbow Crest Rd. Coming from I-15 North from Temecula exit Rainbow Valley Blvd make left follow GPS from there.
Market Area 92028 - Fallbrook
School District Not Listed
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee $0
HOA Fee $0
HOA Features Valley, Horse Trails, Rural, Stable(s)
Public Records
County San Diego
Assessor Parcel# 1100215200
Zoning A70
Geographic Areas

Community College District: Palomar CC

Zip Code: 92028

Highway Locator

East of I-15

East of I-5

North of I-8

North of SR-52

North of SR-56

North of SR-78

Ocean Distance 20.0 miles
Exterior
Style Single Family Residence
Material Corral,Awning(s),Barbecue Private,Stable
Lot Size ~ 240,016 sf
Fencing Vinyl,Chain Link,Livestock,Pipe,Good Condition
Topography Not Listed
Roof Tile
Entry Steps 1
Swimming Pool None
Exclusive Yard 1
Parking
Garage
Private
Oversized
Paved
RV Access/Parking
Parking Space
Concrete
Driveway
Total Spaces: 3
Garage Spaces: 3
Non-Garage Spaces: 0 -
View Pasture, Mountain(s), Orchard, Meadow, City Lights, Hills, Panoramic
Features
Year Built 1992 (source: Assessor)
Laundry Location Washer Hookup,Washer Included
Elevator Not Listed
Cooling Central Air
Heating Forced Air
Sewer/Septic Conventional Septic
Fireplaces Electric,Wood Burning,See Remarks,Living Room (1)
Security Carbon Monoxide Detector(s), Fire and Smoke Detection System
Additional Parcels No
Appliances No
Assessments Yes
Association No
Association Fee 2 0
Attached Garage Yes
Below Grade Finished Area 0
Carport Spaces 0
Common Walls No Common Walls
Cooling Yes
Entry Location front door
Foundation Details Concrete Perimeter
Heating Yes
High School 2 FALLBR
High School District Fallbrook Union
Land Lease No
Laundry Yes
Levels Two
Living Area Source Assessor
Living Area Units Square Feet
Lot Features Ranch, Pasture, Agricultural - Tree/Orchard, Front Yard, Horse Property, Back Yard, Horse Property Improved, Lawn, Yard
Lot Size Source Assessor
Lot Size Units Acres
Main Level Bathrooms 1
Main Level Bedrooms 0
New Construction No
Number Of Units Total 0
Number Remotes 0
Parking Yes
Patio No
Pool Private No
Property Attached No
Road Surface Type Paved
Sprinklers No
Tax Model
View Yes
Well Depth 0
Well Gallons Per Minute 0
Well Pump Horsepower 0
Well Report No
Window Features Double Pane Windows, Bay Window(s)
Monthly Payment Calculator
Property Tax estimate of 1% of listing price does not include local voter-approved bonds/assessments, supplemental taxes for new construction or ownership changes, extra local fees, etc.
Listing Source
Platform CRMLS
AOR North San Diego County
MLS Number NDP2608282
Courtesy of Sunshine Properties RealEstate
Listing Agent Sergio Garcia
760-672-8326