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2051 Rainbow Glen Road, Fallbrook, CA 92028

$1.1M3bd · 3ba · 2,016 sqft
Lot 3 sqft•Manufactured On Land•
Active
•78d on market•MLS# 8N-2607057

Property Description

Need a workshop, auto storage, or the ultimate RV garage? This gated property is designed for hobbyists, collectors, business owners, or anyone needing exceptional space to work, store, play, and live. Situated on more than 3 fully fenced acres with panoramic mountain views, this upgraded single-story triple-wide manufactured home offers 3 bedrooms, 2 bathrooms and loads of versatility. A jacaranda-lined driveway leads through the gated entrance to abundant parking and a private setting. Inside, the open floor plan is filled with natural light and features vaulted ceilings, newer carpet, and oversized windows showcasing the views. The remodeled kitchen offers LVP flooring, granite countertops, upgraded cabinetry with pull-out shelving, stainless steel appliances, bar seating, and a pantry. The laundry/mudroom includes a washer, dryer, utility sink, and space for a second refrigerator. The primary suite features a large closet and remodeled bath with dual vanities, soaking tub, and glass-enclosed shower. Outside, enjoy a covered patio, artificial turf, spa hookups, upgraded HVAC, OWNED SOLAR, and two Tesla Powerwall batteries. The 7 car garage, built in 2006, includes a half bath, 200-amp electrical service, ceiling fans, fire sprinklers, and a covered patio. Two additional non-conforming outbuildings were added in 2024, including a double wall insulated 50' x 60' garage on an 8-inch reinforced concrete slab with double-matted rebar, designed to support the weight of a semi-truck. A 14' x 14' roll-up door provides access for approximately 18-20 vehicles, boats, RVs, heavy equipment, or a semi. The third detached garage with a 10' x 12' roll-up door offers additional RV or vehicle storage. Expansive driveways provide even more parking. Serviced by city water, propane, septic, and owned solar with battery backup, this rare property offers outstanding privacy, infrastructure, and flexibility behind secure gates.

Features & Amenities

FeeBuilt 2003

Property Details

Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Manufactured On Land
Parking Spaces
55
Garage Spaces
30
Heating
Forced Air
Cooling
Central Air
View
Hills, Mountain(s), Panoramic
Flooring
Vinyl, Carpet
Roof
Composition
City
Fallbrook
Zip Code
92028
County
San Diego
Listed byCompass, Erin Wade

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,562.20
Principal & Interest
Loan Amount
$880,000
Total Interest
$1,122,391
Total Payment Over 30 Years
$2,002,391
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

2051 Rainbow Glen Road, Fallbrook, CA 92028

Fallbrook · Manufactured On Land

$1.1M
Residential Tier
Beds
3
Baths
3
Sqft
2,016
Lot
3.18 ac
Year
2003
$/Sqft
$546
Pool: No✓
Spa: No✓
View: city✓
Garage: 30-car✓

Listed 147.2% above the median closed sale of $445,000. Price per sqft ($546) is a 101% premium to closed comps ($271). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.10M· $546/sqft
Total list price
Closed comps
vs closed median $445K
+$655K (+147.2%)
Active comps
vs active median $445K
+$655K (+147.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $322
+$224 (+69.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4747 Oak Crest RoadFallbrook1986321,8940$198$375,0003174
39018 JubileeFallbrook1985321,444436,471$519$749,90011566
4650 Dulin rdFallbrook1987221,7204,917,274$342$589,0003558
4650 Dulin RoadFallbrook1976221,5364,187,422$290$445,00012353
4650 Dulin RoadFallbrook1977221,4404,187,422$260$375,0006752
Total: 5 · Average2.42.01,606.83,432,147.25$321.8$506,78074.2
Median1,536$445,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4650 Dulin RoadFallbrook200405/15/2026422,3294,187,422$675,000$565,000$2430.844460
4650 Dulin RoadFallbrook201808/11/2026221,7204,187,422$525,000$500,000$2910.958759
4650 DulinFallbrook198607/09/2026221,600418,742,280$375,000$375,000$2341.0017156
4650 dulinFallbrook201805/12/2026221,3714,187,274$465,000$445,000$3250.969553
4650 Dulin spc 42Fallbrook197509/28/2026221,3444,187,422$365,000$350,000$2600.963751
Total: 5 · Average2.42.01,672.887,098,364$447,000$447,000$270.6—86.8
Median1,600$445,000$445,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.