It's in the top 10% of views. Tour it before it's gone!
Today:
About this home
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 convertible to bedrooms—along with a dedicated conference room, making the layout adaptable to a wide range of needs. The grounds offer extensive parking, two legal access points, a sea container for storage, and full perimeter fencing. Whether you envision a commercial hub, a family farm, or a live-work compound, this property delivers the space, infrastructure, and flexibility to bring your plans to life.
This property offers multiple options for a 3-acre parcel that is flat and accessible from both Rainbow Creek and Cousey road. Multiple shipping containers, for storage or workspaces. The property has water and power to the lot, and the current house operates as an office with a full bath, and a newer HVAC system. The house is plumbed for a kitchen, but the kitchen was removed.
SDMLS #260018939
Sep 30, 2026
Price Changed
$799,000
$400/sq ft
Aug 3, 2026
Listed
$875,000
$438/sq ft
+31
A Rare flat 3-acre property minutes from the I-15 Corridor: This unique property offers exceptional flexibility. Ideally located, it provides convenient access while maintaining privacy and space for all your recreational toys or work vehicles. The property is zoned residential; the residence was used as an office and could be converted back to residential use. Seeing is believing call for information.
SDMLS #260006735
Jun 30, 2026
Listing Removed
—
Mar 22, 2026
Listed
$999,000
$500/sq ft
SDMLS #260007159
Jun 30, 2026
Listing Removed
—
Mar 22, 2026
Listed
$999,000
$500/sq ft
CRMLS #W502170
Jan 20, 2006
Sold
$485,000
$243/sq ft
Apr 30, 2005
Listed
$550,000
$275/sq ft
CRMLS #W501331
Jan 20, 2006
Sold
$485,000
$243/sq ft
Mar 16, 2005
Listed
$550,000
$275/sq ft
SDMLS #54020713
Jun 19, 2005
Listing Removed
—
Mar 16, 2005
Listed
$598,000
$299/sq ft
CRMLS #W403493
Sep 30, 2004
Listing Removed
—
Jun 14, 2004
Listed
$498,000
$249/sq ft
CRMLS #W403413
Jun 22, 2004
Listing Removed
—
Jun 10, 2004
Listed
$538,000
$269/sq ft
CRMLS #W403411
Jun 22, 2004
Listing Removed
—
Jun 10, 2004
Listed
$538,000
$269/sq ft
CRMLS #W401860
Jun 22, 2004
Listing Removed
—
Apr 16, 2004
Listed
$498,000
$249/sq ft
CRMLS #W401864
May 21, 2004
Listing Removed
—
Apr 16, 2004
Listed
$498,000
$249/sq ft
CRMLS #H308773
Nov 13, 2003
Listing Removed
—
Aug 13, 2003
Listed
$420,000
$210/sq ft
CRMLS #1003190
Jun 8, 2000
Sold
$135,000
$68/sq ft
Feb 14, 2000
Listed
$169,000
$85/sq ft
Public Records
Apr 28, 1995
Sold
$35,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,508 (+1.8%)
$418,139 + $118,471
$536,610
2024
$5,409 (+2.5%)
$409,941 + $116,149
$526,090
2023
$5,278 (+1.4%)
$401,903 + $113,872
$515,775
2022
$5,204 (+17.3%)
$394,023 + $111,640
$505,663
2021
$4,436 (+7.3%)
$386,298 + $109,451
$495,749
2020
$4,134 (+2.6%)
$236,000 + $189,000
$425,000
2019
$4,031 (+8.2%)
$217,000 + $173,000
$390,000
2018
$3,726 (+3.0%)
$212,000 + $168,000
$380,000
2017
$3,619 (+6.6%)
$191,000 + $149,000
$340,000
2016
$3,394 (+18.3%)
$191,000 + $149,000
$340,000
2015
$2,869 (+8.1%)
$180,000 + $140,000
$320,000
2014
$2,653 (+23.7%)
$141,000 + $109,000
$250,000
2013
$2,144 (−0.5%)
$141,000 + $109,000
$250,000
2012
$2,154 (−11.8%)
$114,000 + $88,000
$202,000
2011
$2,444 (+35.0%)
$114,000 + $88,000
$202,000
2010
$1,811 (−50.4%)
$130,000 + $100,000
$230,000
2009
$3,654 (−12.7%)
$99,000 + $71,000
$170,000
2008
$4,184
$272,000 + $78,000
$350,000
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
1.08 Acres
Year renovated
1950
Finished Sq. Ft.
1,016
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,016
Year built
1950
Style
Single Family Residential
County
San Diego County
APN
1022400900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
A70
Limited Agricultural Zone
The A70 Use Regulations are intended to create and preserve areas intended primarily for agricultural crop production. Additionally, a limited number of small farm animals may be kept and agricultural products raised on the premises may be processed.
Typically, the A70 Use Regulations would be applied to areas throughout the County to protect moderate to high quality agricultural land.
Permitted uses
Include but are not limited to:
Agriculture
Housing
Processing
Fire house
Police station
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
36% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 97° expected this year, 23 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Fallbrook, CA • 92028
Average low and high temperatures (°F)
69
49
70
51
73
52
70
51
74
55
78
58
84
62
87
63
83
64
80
57
72
51
70
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Fallbrook. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5461 Rainbow Crk
$794,125
$4,875 under list price of $799K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $550K to $820K.