Homes for sale - 335 Rainbow Crest, Fallbrook, CA 92028

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Debbi DiMaggio Betta

debbi.dimaggio@corcoranicon.com +1(510) 414-6777

$ 1,115,000

Est. payment | -/mo

4 Beds

2,895 SqFt

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$ 1,115,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2,895 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,895 sqft

Price per Sqft $385

MLS Listing ID CRND25229991

Bedrooms 4

HOA Y/N No

Year Built 1983

Lot Size 5.860 Acres

Acres 5.86

Property Sub-Type Triplex

Property Description

Investorâ€™s dream in Rainbow! This secluded 5.86-acre estate features three detached income-producing homes with panoramic mountain and canyon views: a 2BR/2BA main house (1,527 sq ft) currently available for rent, a 1BR/1BA guest house (958 sq ft) with a 3-car garage/workshop (approx. 952 sq ft), and a charming 1BR/1BA cottage (410 sq ft) known as â€œThe Hideaway.â€ All residences showcase quality craftsmanshipâ€”hardwood floors, custom cabinetry, artistic woodwork, and two with steam showersâ€”plus unique outdoor living including a hot/cold shower. Modern upgrades include paid solar, Starlink internet, high-end appliances, and 2x6 construction. Ideal for investors seeking rental income, multigenerational living, vacation rentals, or retreat potential. A lower pad offers water, utilities, and septic access with room to add another home, maximizing upside. A rare opportunity for cash flow and future expansion in a peaceful, highly desirable location. See supplemental for rental details.

Location

State CA

County San Diego

Interior

Heating Forced Air, Perimeter, Oil, Central, Fireplace(s)

Cooling No Air Conditioning

Flooring Wood

Fireplace No

Appliance Tankless Water Heater

Laundry Dryer, In Garage, Washer, Inside

Exterior

Exterior Feature Front Yard, Garden

Utilities Available Other Water/Sewer

View Y/N true

View Hills, Mountain(s), Valley

Total Parking Spaces 10

Building

Lot Description Agricultural, Sloped Down, Other, Front Yard, Garden, Landscaped, Paved

New Construction No

Others

Tax ID 1100212000

Virtual Tour https://showcase.zinmeta.com/order/c3fecc58-c638-4643-9aad-08dd9fa2c99e

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Susannah Levicki • Capitis Real Estate

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Debbi DiMaggio Betta

REALTOR | Partner | Lic# 01047447

debbi.dimaggio@corcoranicon.com

+1(510) 414-6777

342 Highland Ave, Piedmont, CA, 94611, USA

335 Rainbow Crest Fallbrook, CA 92028

Debbi DiMaggio Betta

Key Details

Location

Interior

Exterior

Building

Others

335 Rainbow Crest