Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,325,000 -$25,000 (-1.85%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,473 Sq. Ft.
  • 2 Car Garage
  • Updated 5 hours ago
See This Home
Save This Home
See This Home
Save This Home
Welcome to 1532 Rainbow Drive, ideally situated in one of the most sought-after neighborhoods in North Tustin. Tucked away on a quiet cul-de-sac, this exceptional property offers privacy, space, and incredible potential on one of the largest parcels in the community - boasting the second biggest lot in the entire neighborhood at an expansive 15,380 square feet. This 3-bedroom, 2-bathroom home features a spacious open floor plan designed for comfortable living and effortless entertaining. The kitchen flows seamlessly into the living room, creating a bright and inviting gathering space centered around a charming whitewashed brick fireplace. A large island with brand-new quartz countertops anchors the kitchen, offering both style and functionality. Freshly updated with brand-new interior and exterior paint, the home feels crisp, modern, and move-in ready. An added bonus is the rear addition, which includes an additional bedroom and bathroom not included in the square footage - ideal for guests, extended family, or a private office space. The primary suite is a peaceful retreat, highlighted by elegant French doors that open directly to the backyard. Step outside to your own private oasis featuring a sparkling pool, perfect for relaxing afternoons or entertaining family and friends. With its expansive lot size, cul-de-sac location, and desirable setting, this property offers a rare opportunity to own one of the premier homes in the neighborhood. Located near Award Winning Tustin Unified Schools.

Full Property Details for 1532 Rainbow Dr

General

  • Price: $1,325,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: PW26037324
  • Updated: 4/6/2026
  • Days on Market: 45 days
  • Added to Site: 46 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Bathroom
  • Interior Features: Quartz Counters, Recessed Lighting, Open Floorplan
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Eating Areas: In Kitchen, Breakfast Nook
  • Appliances: Refrigerator, Gas Range, Dishwasher
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Garage

Additional Information

  • Pool: Yes
  • Pool Description: In-Ground, Private
  • Spa Description: None

Exterior

  • Deck/Patio: Wood

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage Faces Front, Driveway

Location

  • County: Orange
  • Driving Directions: Off Red Hill, Between La Colina and Irvine Blvd off Rainbow Dr

School Information

  • School District: Tustin Unified

Community

  • Community Features: Street Lights, Sidewalks

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Foundation: Raised
  • Roof: Composition
  • Common Walls: No Common Walls
  • Entry Location: Front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,473
  • Sq. Ft. Source: Assessor
  • Year Built: 1957
  • Year Built Source: Public Records
  • Property Condition: Turnkey, Repairs (Cosmetic)

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.3531
  • Lot Size (Sq. Ft.): 15,380
  • Lot Size Source: Assessor
  • Lot Description: Cul-de-Sac, Lot 10000-19999 Sqft
  • Fencing (Description): Average Condition

Financial Considerations

  • Price Per Sq. Ft.: $899.52

Disclosures and Reports

  • Special Conditions: Standard

Listed by Seven Gables Real Estate, AJ Hoover and Keller Williams Legacy, Brian Fox

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 1532 Rainbow Dr —

  • AJ Hoover

    Seven Gables Real Estate

  • Brian Fox

    Keller Williams Legacy

ajh@sevengables.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1532 Rainbow Dr

School District:Tustin Unified School District
NameGradesDistance
Red Hill Elementary School
11911 Red Hill Avenue, Santa Ana, CA 92705
K-50.9 mi
C. E. Utt Middle School
13601 Browning Avenue, Tustin, CA 92780
6-80.9 mi
Tustin High School
1171 El Camino Real, Tustin, CA 92780
9-121.2 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 1532 Rainbow Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/06/2026
Price Reduced
$1,325,000
-1.85%
MLS
2/19/2026
Listed
$1,350,000
237.5%
MLS
1/30/2009
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
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 for 1532 Rainbow Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,179
5%
$515,097
2%
2024
$5,904
3%
$504,998
2%
2023
$5,758
2%
$495,097
2%
2022
$5,669
2%
$485,390
2%
2021
$5,556
1%
$475,873
1%
2020
$5,528
2%
$470,994
2%
2019
$5,395
2%
$461,759
2%
2018
$5,308
2%
$452,705
2%
2017
$5,217
2%
$443,829
2%
2016
$5,125
-1%
$435,127
2%
2015
$5,189
3%
$428,591
2%
2014
$5,058
-1%
$420,196
—
2013
$5,111
—
$418,297
—
View All
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 for 1532 Rainbow Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Seven Gables Real Estate, AJ Hoover and Keller Williams Legacy, Brian Fox

Similar Properties near 1532 Rainbow Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

14232 Matisse Ave, Irvine, CA 92606 - Photo 1 Price Reduced
-$40,000 (-2.88%)
$1,350,000

14232 Matisse Ave  Irvine, CA 92606

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,380
    Sq. Ft.
Listed by Jennifer Matsumoto (CalRE#: 01802878) (949) 502-1036
1514 E Palm, Orange, CA 92866 - Photo 1
$1,299,998

1514 E Palm  Orange, CA 92866

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,584
    Sq. Ft.
14272 Acacia Dr, Tustin, CA 92780 - Photo 1
$1,365,000

14272 Acacia Dr  Tustin, CA 92780

  • Single Family
  • Active
  • 3
    Beds
  • 2
    Total Baths
  • 1,858
    Sq. Ft.
5 Poinsettia, Irvine, CA 92604 - Photo 1
$1,399,000

5 Poinsettia  Irvine, CA 92604

  • Single Family
  • Active
  • Updated 14 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,593
    Sq. Ft.

Just Listed near 1532 Rainbow Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

507 Celestial Point, Tustin, CA 92782 - Photo 1 Just Listed
$2,500,000

507 Celestial Point  Tustin, CA 92782

  • Single Family
  • Active
  • Updated 1 day ago
  • 5
    Beds
  • 5
    Total Baths
  • 3,432
    Sq. Ft.
2452 Paseo Circulo, Tustin, CA 92782 - Photo 1 Just Listed
$915,000

2452 Paseo Circulo  Tustin, CA 92782

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,241
    Sq. Ft.
17481 Amaganset Wy, Tustin, CA 92780 - Photo 1 Just Listed
$1,585,000

17481 Amaganset Wy  Tustin, CA 92780

  • Single Family
  • Active
  • Updated 1 day ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,218
    Sq. Ft.
15506 Williams St, Tustin, CA 92780 - Photo 1 Just Listed
$630,000

15506 Williams St  #A52  Tustin, CA 92780

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,047
    Sq. Ft.

Price Reduced near 1532 Rainbow Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

2321 Fuschia, Tustin, CA 92780 - Photo 1 Price Reduced
-$70,900 (-9.58%)
$669,000

2321 Fuschia  Tustin, CA 92780

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 982
    Sq. Ft.
2894 Player Ln, Tustin, CA 92782 - Photo 1 Price Reduced
-$21,000 (-2.08%)
$989,000

2894 Player Ln  Tustin, CA 92782

  • Condo
  • Active
  • Updated 14 hours ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,388
    Sq. Ft.
16175 Dawn Wy, Tustin, CA 92782 - Photo 1 Price Reduced
-$24,988 (-2.04%)
$1,199,900

16175 Dawn Wy  #302  Tustin, CA 92782

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,501
    Sq. Ft.
15500 Tustin Village, Tustin, CA 92780 - Photo 1 Price Reduced
-$40,000 (-6.91%)
$539,000

15500 Tustin Village  #103  Tustin, CA 92780

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,080
    Sq. Ft.

Recent Sales near 1532 Rainbow Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

12745 Keith, Tustin, CA 92780 - Photo 1 Sold
$1,350,000

12745 Keith  Tustin, CA 92780

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,932
    Sq. Ft.
1642 Tiffany Pl, North Tustin, CA 92705 - Photo 1 Sold
$1,225,000

1642 Tiffany Pl  North Tustin, CA 92705

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,539
    Sq. Ft.
1672 Kenneth Dr, North Tustin, CA 92705 - Photo 1 Sold
$1,250,000

1672 Kenneth Dr  North Tustin, CA 92705

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,539
    Sq. Ft.
12941 Keith Pl, Tustin, CA 92780 - Photo 1 Sold
$1,410,000

12941 Keith Pl  Tustin, CA 92780

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,542
    Sq. Ft.

1532 Rainbow Dr., North Tustin, CA 92705 (MLS# PW26037324) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1532 Rainbow Dr. is currently listed for $1,325,000 and was received on February 19, 2026. Want to learn more about 1532 Rainbow Dr.? Do you have questions about finding other Single Family real estate for sale in North Tustin? You can browse all North Tustin real estate or contact a Coldwell Banker agent to request more information.

Tour this property