$999,000 38474 Rainbow Peaks Road Fallbrook, CA

MLS: 160052826   Type: Single Family   County: San Diego   City: Fallbrook   Neighborhood: Rainbow Heights   Zip: 92028   Style: Monterey/Hacienda/Adobe     Stories: 1

Mortgage $4,690 /mo



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Architect Ira Johnson and Landscape Architect John Vogley designed this rare Spanish hacienda style estate, exudes charm from every room. Located in the peaceful, hidden gem of Rainbow, sits this spectacular 11.25-acre property, affectionately known as Casa De Tierra. Truly one of a kind, terra-cotta tile floors can be found throughout the house. Adjoining 4.0-acre parcel may be purchased as well. ***See Supplemental Info Entertain in the spacious living room, complete with expansive ceilings, wall-to-wall storied windows operated with manual ropes, and a Spanish-style fireplace w/tile.   Enjoy the climate controlled wine room and numerous sliding doors allowing an abundance of natural light to fill the home. Just through the arched entryway sits the large kitchen, where you can perfect your culinary talents while looking out to the lush backyard.  Unwind in the master suite, complete with a fireplace, walk in closet and doors leading outside to the patio, perfect for indoor/outdoor living. The master bath features a make-up vanity, a large walk in shower, and sunken spa tub. An additional two bedrooms can be found in the home. Once outside, the landscaping is simply breathtaking.  Take a swim in the sparkling pool and spa or have a BBQ under the palapa while enjoying picturesque views of the rolling hills.  For those who love to fish, the property comes with a private, 8,000 square foot pond with a dock covered in Trex decking. The grounds also feature two wells, one known to produce. There is plenty of parking space on the property and a three car garage and attached workshop, this passive solar home has plenty of land with fruit trees and room to grow a prized garden. Plenty of room for horses and a pasture is available. Four additional adjoining acres may be negotiated and sold with the property. Set in a private, rural setting, this unique home truly has it all.

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Price History

9/26/2016 Listed $1,200,000
3/31/2017 5% - $1,150,000
6/2/2017 5% - $1,100,000
7/31/2017 10% - $999,000

Association Fee 0
CFD/Mello-Roos Fee 0
Jurisdiction Unincorporated
Misc. Horse Allowed, Livestock Allowed
Other Fees 0
Pets Yes
Price Per Square Foot 316.74
Sale/rent For Sale
School District Fallbrook Union High, Vallecitos
Security Features Automatic Gate
Senior Community Y/N N/K
Site Irregular Lot
Stories 1 Story
Style Monterey/Hacienda/Adobe
Telecommunications Cable (coaxial), Satellite Dish
Terms Cal Vet, Cash, Conventional, FHA, VA
Total Other Fees 300
Year Built 1985
Zoning A70

Interior Features

# of Fireplaces 2
Bedroom 2 Dimensions 12x15
Bedroom 3 Dimensions 12x15
Cooling N/K, Other/Remarks
Dining Room Dimensions 12x14
Elevator No
Equipment Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Satellite Dish, Trash Compactor, Vacuum/Central, Washer, N/K
Extra Room 1 Dimensions 21x16
Family Room Dimensions 0
Fireplace FP in Living Room, FP in Master BR
Flooring Tile, Wood
Full Baths 3
Heat Source Propane, Wood
Heating Fireplace, Forced Air Unit, Passive Solar
Kitchen Dimensions 14x18
Laundry Laundry Room, Other/Remarks
Laundry Utilities Electric, Propane
Living Area 3154
Living Room Dimensions 27x39
Master Bedroom Dimensions 14x18
Optional Bedrooms 1
Spa Private Below Ground, Private w/Pool, Yes
Spa Heat Propane
Sub-flooring Slab on Grade
Walls Plaster
Water Heater Type Propane

Exterior Features

Complex Features RV/Boat Parking, Spa/Hot Tub
Covered Parking Attached
Exterior Adobe
Fencing Partial
Frontagetype N/K
Garage Spaces 3
Guest House Detached
Irrigation Automatic, Drip, Manual, Sprinklers
Lot Size Area 10+ to 20 AC
Parking For Rv On-Site Parking
Parking Non-garage Gated, Uncovered, Driveway
Parking Total 18
Parkng Non-garaged Spaces 15
Patio Deck, Gazebo, Stone/Tile
Pool Below Ground, Lap, Private
Pool Heat Propane
Roof Tile/Clay
Sewer Septic Installed
Structures Out Buildings, Other/Remarks
Topography Level, Mountainous, Rolling, Slope Gentle
View Mountains/Hills, Panoramic, Parklike, Valley/Canyon
Water Source Meter on Property, Well on Property, Well/Irrigation Only

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Property vs Zip Code Avg (92028)

Price 999K Avg 978K

Sqr Feet 3,154 Avg 3,168

Cost / Sqr Ft $317 Avg $309

Acres 11.25 Avg 4.3

Visits 611 Avg 46

Days on Site 536 Avg 75

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Listing Provided Courtesy Of: Pacific Sotheby's Int'l Realty

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Location & Address

Colleen K. Cotter - mySanDiegoAgent Realty Group
2371 Fenton
Chula Vista, CA