334 Rainbow Crest Rd , Fallbrook, CA 92028
$1,599,900
Est. Payment: $8,726.97/mo
3 Bed
3 Bath
2556 Sqft
5.51 Acres
Status: Active | Days on site: 14
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House Description

Your dream 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 , this exceptional 5.6-acre estate offers panoramic valley and ocean-horizon views, refreshing coastal breezes, and access to miles of 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.

Highlights

Listed by Sergio Garcia , 760-672-8326 Sunshine Properties RealEstate , 760-728-8855. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
5.51

Year Built

1992

County

San Diego

Area

92028 - Fallbrook

School District

Fallbrook Union

Listing ID

NDP2608282

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Washer
Air Cond:Central Air
Fireplaces:Electric,Living Room,See Remarks,Wood Burning
Floor:Carpet,Tile

Exterior Features

Lot:Agricultural,Back Yard,Front Yard,Horse Property,Lawn,Orchard(s),Pasture,Ranch,Yard,No Land Lease
Garage Capacity:3
Zoning:A70
Roof:Tile
Others:
  • ▪ Additional:Awning(s), Barbecue, Updated/Remodeled
Sewer:Septic Tank
Parking Features:Concrete,Driveway,Garage,Oversized,Paved,Private,RV Access/Parking,One Space
Principal Interest
$8,727
Taxes
$1,020

Home Price

$1,599,900

Loan Details

30 yrs
7.245%

Down Payment

20%
$319,980
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Monthly Price:
$8,726.97

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,726.97 $1,019.94 $0.00 $9,746.91
Yearly $104,723.64 $12,239.24 $0.00 $116,962.88
Total $3,141,709.34 $367,177.05 $0.00 $3,508,886.39

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Fallbrook, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-10-04T21:12:45.000Z

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