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Sold for $1,300,000
    • Listed by: Seven Gables Real Estate • AJ Hoover • Contact: 714-731-3777
    Bought with: Seven Gables Real Estate
    $1,300,000

    1532 Rainbow Dr, Santa Ana, CA 92705

    3beds
    1,473sqft
    Single Family Residence
    Built in 1957
    0.35 Acres Lot
    $1,310,000 Zestimate®
    $883/sqft
    $5,026 Estimated rent

    Home value

    $1,310,000

    $1.24M - $1.38M

    $5,026/mo

    Zestimate® history
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    What's special

    Cul-de-sac locationQuiet cul-de-sacSpacious open floor planCharming whitewashed brick fireplace
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    AJ Hoover DRE #02040196 ajh@sevengables.com,

    Seven Gables Real Estate,

    Brian Fox DRE #01431326,

    Keller Williams Legacy

    Bought with:

    AJ Hoover, DRE #02040196

    Seven Gables Real Estate

    Brian Fox, DRE #01431326

    Keller Williams Legacy

    Source: CRMLS,MLS#: PW26037324MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Separate Shower, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Quartz Counters
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Gas Range, Refrigerator
    • Laundry: In Garage
    Features
    • Breakfast Area, Eat-in Kitchen, Open Floorplan, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Main Level Primary
    • Flooring: Laminate
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,473 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Faces Front
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Patio & porch: Wood
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Spa features: None
    • Fencing: Average Condition
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.35 Acres
    • Features: Cul-De-Sac
    Details
    • Parcel number: 10341219
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Repairs Cosmetic,Turnkey
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Santa Ana

    Financial & listing details

    • Price per square foot: $883/sqft
    • Tax assessed value: $515,097
    • Annual tax amount: $6,178
    • Date on market: 2/19/2026
    • Cumulative days on market: 50 days
    • Listing terms: Cash,Cash to New Loan,Conventional,Fannie Mae
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/29/2026Sold$1,300,000-1.9%$883/sqft
    Source: CRMLS #PW26037324 Report a problem
    4/20/2026Pending sale$1,325,000$900/sqft
    Source: CRMLS #PW26037324 Report a problem
    4/11/2026Contingent$1,325,000$900/sqft
    Source: CRMLS #PW26037324 Report a problem
    4/6/2026Price change$1,325,000-1.9%$900/sqft
    Source: CRMLS #PW26037324 Report a problem
    3/28/2026Listed for sale$1,350,000$916/sqft
    Source: CRMLS #PW26037324 Report a problem
    3/24/2026Contingent$1,350,000$916/sqft
    Source: CRMLS #PW26037324 Report a problem
    2/19/2026Listed for sale$1,350,000+237.5%$916/sqft
    Source: CRMLS #PW26037324 Report a problem
    3/6/2009Sold$400,000+1.3%$272/sqft
    Source: Public Record Report a problem
    1/5/2009Price change$394,900+12.9%$268/sqft
    Source: foreclosure.com Report a problem
    12/23/2008Price change$349,900-11.4%$238/sqft
    Source: foreclosure.com Report a problem
    11/15/2008Price change$394,900-10.7%$268/sqft
    Source: foreclosure.com Report a problem
    11/10/2008Listed for sale--
    Source: foreclosure.com Report a problem
    6/10/2008Sold$442,000-4.9%$300/sqft
    Source: Public Record Report a problem
    12/19/2005Sold$465,000$316/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,178 +4.7%$515,097 +2%
    2024$5,902 +2.5%$504,998 +2%
    2023$5,758 +1.6%$495,097 +2%
    2022$5,669 +2%$485,390 +2%
    2021$5,556 +0.5%$475,873 +1%
    2020$5,528 $470,994 +2%
    2019$5,528 +2.5%$461,759 +2%
    2018$5,395 +3.4%$452,705 +2%
    2017$5,217 $443,829 +2%
    2016$5,217 +1.8%$435,127 +1.5%
    2015$5,125 +1.3%$428,591 +2%
    2014$5,058 $420,196 +0.5%
    2013-- $418,297 +4%
    2012-- $402,055
    2011-- $402,055 +0.8%
    2010-- $399,051 -0.2%
    2009-- $400,000 -15.7%
    2008-- $474,300
    2007-- $474,300 +2%
    2006-- $465,000 +682.2%
    2005-- $59,448 +2%
    2004-- $58,283 +1.9%
    2003-- $57,215 +2%
    2002-- $56,094 +2%
    2001$576 +3.1%$54,995 +2%
    2000$558 $53,917
    Find assessor info on the county website

    Neighborhood: 92705

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    Estimated market value
    $1,310,000
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    Estimated market value
    $1,310,000

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