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$999,000
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Property Description
A Rare Multi-Use Opportunity Minutes From the I-15 Corridor: This unique property offers exceptional flexibility for commercial operations, residential living, or a blend of both. Ideally located just minutes from the I-15 transportation corridor, it provides convenient access while maintaining privacy and space on over 3 acres. The primary structure was previously used as the office headquarters for a construction company and features an expansive great room that can easily be reimagined as a traditional living room and kitchen. Its current configuration includes 5-6 private offices-each readily convertible to bedrooms-along with a dedicated conference room, making the layout adaptable to a wide range of needs.
Full Property Details
Full Property Details for 5461 Rainbow Creek
General
- Price: $999,000
- Status: Active
- Type: Single Family
- Source: SANDICOR
- MLS ID: 260007159
- Updated: 3/30/2026
- Added to Site: 13 day(s) ago
Interior
- Interior Features: Cathedral-Vaulted Ceiling
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: None Known
Additional Information
- Pool: Yes
- Other Features: Outbuilding, Gutters, Horse Property Unimproved
Exterior
- Porch/Patio/Deck: Slab, Patio Open
Parking
- Total Spaces: 20
- Parking Features: Gated
Location
- Area: FALLBROOK (92028)
- County: San Diego
- Subdivision: FALLBROOK
- Neighborhood: Rainbow
- Driving Directions: I-15 to Rainbow Valley Blvd exit. East on Rainbow Valley Blvd. Right on Rainbow Creek to property.
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Forced Air
- Heating Type: Forced Air Unit
- Heating Fuel: Electric
Utilities
- Sewer: Septic Installed
- Water: Meter on Property
- Utility Description: Electricity Connected, Propane, Water Connected
Structural Information
- Architectural Style: Contemporary
- Detached/Attached: Detached
- Construction: Stucco, Wood
- Roof: Composition, Shingle
- Stories/Levels: 1
- Square Feet: 2,000
- Living Area: 2,000 Sq. Ft.
- Year Built: 1950
- Property Condition: Additions/Alterations
Additional Structures
- Other Structures: Shed
Lot Features
- Lot Size (Acres): 3.25
- Lot Size: 3.25
- Fencing (Description): Full
Financial Considerations
- Terms: Cash, Conventional, Lease Option
Disclosures and Reports
- Prop. Restrictions: None Known
- Disclosures/Rstr.: Unincorporated
- Property ID: 102-240-07, 08, 09
Listed by Brush Realty (760) 745-6700, Glen E Brush
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Schools
Schools serving 5461 Rainbow Creek
School Districts:Vallecitos Elementary School District, Fallbrook Union High School District
| Name | Grades | Distance |
|---|---|---|
Vallecitos Elementary School 5211 Fifth St., Rainbow, CA 92028 | PK-8 | 0.6 mi |
Fallbrook High School 2400 South Stage Coach Lane, Fallbrook, CA 92028 | 9-12 | 7.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5461 Rainbow Creek
Date
Details
Price
Change
Source
3/22/2026
Listed
$999,000
105.98%
MLS
1/06/2006
Sold
$485,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5461 Rainbow Creek
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,409
2%
$526,090
4%
2023
$5,278
1%
$505,663
2%
2022
$5,204
17%
$495,749
17%
2021
$4,436
7%
$425,000
9%
2020
$4,134
3%
$390,000
3%
2019
$4,031
8%
$380,000
9%
2018
$3,726
3%
$350,000
3%
2017
$3,619
7%
$340,000
6%
2016
$3,395
18%
$320,000
19%
2015
$2,869
8%
$270,000
8%
2014
$2,654
—
$250,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5461 Rainbow Creek
5461 Rainbow Creek, Fallbrook, CA 92028 (MLS# 260007159) is a Single Family property with 4 bedrooms and 1 full bathroom. 5461 Rainbow Creek is currently listed for $999,000 and was received on March 22, 2026. Want to learn more about 5461 Rainbow Creek? Do you have questions about finding other Single Family real estate for sale in Fallbrook? You can browse all Fallbrook real estate or contact a Coldwell Banker agent to request more information.

