Professional 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 near Pala, this exceptional 5.6-acre estate offers panoramic valley and ocean-horizon views, refreshing coastal breezes, and direct access to miles of maintained 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.
For sale
Listed by: Sunshine Properties RealEstate • Sergio Garcia • Contact: 760-672-8326
$1,599,900
334 Rainbow Crest Rd, Fallbrook, CA 92028
3beds
2,556sqft
Single Family Residence
Built in 1992
5.51 Acres Lot
$1,546,200 Zestimate®
$626/sqft
$-- HOA
What's special
- 12 days
- 1,095
- 67
Zillow last checked:
Listing updated:
Listed by:
Sergio Garcia DRE #01418002 760-672-8326,
Sunshine Properties RealEstate
Source: CRMLS,MLS#: NDP2608282
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Bonus Room, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Office
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Washer
- Laundry: Washer Hookup
Features
- Flooring: Carpet, Tile
- Windows: Bay Window(s), Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Electric, Living Room, See Remarks, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,556 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Driveway, Garage, Oversized, Paved, Private, RV Access/Parking, One Space
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: front door
- Exterior features: Awning(s), Barbecue
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Good Condition,Livestock,Pipe,Vinyl
- Has view: Yes
- View description: City Lights, Hills, Meadow, Mountain(s), Orchard, Panoramic, Pasture
Lot
- Size: 5.51 Acres
- Features: Agricultural, Back Yard, Front Yard, Horse Property, Lawn, Orchard(s), Pasture, Ranch, Yard
Details
- Additional structures: Corral(s), Stable(s)
- Parcel number: 1100215200
- Zoning: A70
- Special conditions: Standard
- Horses can be raised: Yes
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Tile
Condition
- Updated/Remodeled
- Year built: 1992
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Horse Trails, Stable(s), Rural, Valley
- Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $626/sqft
- Tax assessed value: $683,224
- Date on market: 9/3/2026
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$1,546,200
$1.47M - $1.62M
$4,696/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2026 | Listed for sale | $1,599,900+3.3%$626/sqft |
Source: | ||
| 4/20/2026 | Listing removed | $1,549,000$606/sqft |
Source: | ||
| 2/16/2024 | Listing removed | -- |
Source: | ||
| 1/25/2024 | Pending sale | $1,549,000$606/sqft |
Source: | ||
| 1/11/2024 | Price change | $1,549,000+3.3%$606/sqft |
Source: | ||
| 12/23/2023 | Listed for sale | $1,499,000+256.9%$586/sqft |
Source: | ||
| 8/23/2002 | Sold | $420,000$164/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $683,224 +2% |
| 2025 | $7,339 +1.8% | $669,828 +2% |
| 2024 | $7,211 +2.3% | $656,695 +2% |
| 2023 | $7,047 +1.1% | $643,819 +2% |
| 2022 | $6,973 +2.5% | $631,196 +2% |
| 2021 | $6,805 -0.2% | $618,820 +1% |
| 2020 | $6,821 +6.6% | $612,476 +2% |
| 2019 | $6,396 -1.6% | $600,468 +2% |
| 2018 | $6,499 +2% | $588,696 +2% |
| 2017 | $6,373 +2.1% | $577,154 +2% |
| 2016 | $6,242 +1.7% | $565,838 +1.5% |
| 2015 | $6,140 +2.2% | $557,339 +2% |
| 2014 | $6,009 | $546,423 +0.5% |
| 2013 | -- | $543,955 +2% |
| 2012 | -- | $533,290 +2% |
| 2011 | -- | $522,835 +0.8% |
| 2010 | -- | $518,929 -0.2% |
| 2009 | -- | $520,163 +2% |
| 2008 | -- | $509,965 +2% |
| 2007 | -- | $499,967 +2% |
| 2006 | -- | $490,165 +2% |
| 2005 | -- | $480,555 +2% |
| 2004 | -- | $471,133 +12.2% |
| 2003 | -- | $420,000 +38.4% |
| 2002 | -- | $303,467 -18.2% |
| 2001 | -- | $370,885 |
Find assessor info on the county website
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Neighborhood: 92028
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