5461 Rainbow Creek
Fallbrook, CA 92028
4
Bed
1
Bath
2,000Sqft
141,570Sqft(Lot)
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. Its current configuration includes 5–6 private offices—each readily convertib
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 4Bathroom Information
Total Baths: 1 Full Baths: 1 Half Baths: 0 -
Interior Features
Roof: Composition,Shingle Interior Features: Cathedral Ceiling(s) Property Appliances: Electric Water Heater Flooring: Laminate -
Cooling Features
Central Air Air ConditioningHeating Source
Electric,Forced Air Has HeatingFireplace
Has Fireplace: 0
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Building Information
Year Built: 1950 Construction: Stucco,Wood Siding Roof: Composition,Shingle -
Accessibility Features
Safe Emergency Egress from HomePool Features
NoneLaundry Features
NonePatio And Porch
Concrete,Open,Patio
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 3.25 -
Lot Size Source: Assessor Lot Size Square Feet: 141570
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Listing Price Information
Original List Price: 999,000 Listing Contract Date: 2026-03-22 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 10224007,08,09
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Garage and Parking
Garage Description: Driveway,Guest,Gated,Private,Pull-through,UnpavedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 92028 - Fallbrook Directions: I-15 to Rainbow Valley Blvd exit. East on Rainbow Valley Blvd. Right on Rainbow Creek to property. Cross Street: Rainbow Valley Road. Source Property Type: Residential Area: 92028 - Fallbrook Property SubType: Single Family Residence -
Building and Construction
Property Age: 76 Property Condition: Additions/Alterations Structure Type: Single Family Residence Year Built Source: Vendor Enhanced Total Square Feet Living: 2000 Levels or Stories: One Building Total Stories: 1
At $499.50 per sq.ft.,this listing is priced below average compared to other homes from Fallbrook.
The average homes price in Fallbrook is $370202.62 with avg. price / sq.ft of $2102.04.
The average homes price in San Diego County is $373818.81 with avg. price / sq.ft of $2100.74.
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10204 Mount Olympus Val.., Fallbrook, CA, 92028 | $1,350,000 | 3 | 2 | 2,948 | 2,948 SqFt |
| 6750 Rainbow Heights Road, Fallbrook, CA, 92028 | $1,300,000 | 4 | 2 | 3,168 | 3,168 SqFt |
| 6133 Rainbow Heights Rd, Fallbrook, CA, 92028 | $699,000 | 2 | 1 | 1,826 | 1,826 SqFt |
| 6036 Rainbow Heights Road, Fallbrook, CA, 92028 | $5,999,000 | 4 | 3 | 3,568 | 3,568 SqFt |
| 823 Rice Canyon Rd, Fallbrook, CA, 92028 | $949,000 | 4 | 4 | 2,674 | 2,674 SqFt |
| 4747 Oak Crest #96, Fallbrook, CA, 92028 | $359,000 | 2 | 2 | 1,100 | 1,100 SqFt |
| 1239 Rainbow Valley Bou.., Fallbrook, CA, 92028 | $929,900 | 3 | 2 | 1,817 | 1,817 SqFt |
| 4747 Oak Crest Road #87, Fallbrook, CA, 92028 | $445,000 | 3 | 2 | 2,374 | 2,374 SqFt |
| 879 Stewart Canyon Road, Fallbrook, CA, 92028 | $1,249,999 | 3 | 2 | 2,400 | 2,400 SqFt |
| 838 Meadowood St Lot 34.., Fallbrook, CA, 92028 | $945,000 | 5 | 3 | 2,886 | 2,886 SqFt |
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ByOwner last updated this listing 04/07/2026 @ 02:24
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