$1,150,000For sale
2005 07 Camino Rainbow
Fallbrook, CA 92028 · MLS# PTP2607291
Listing courtesy of Premier Agency R.E. Inc- 0Beds
- 0Baths
- 0Sq Ft
- 1970Year Built
About This Home
Beautifully renovated duplex situated on a spacious lot in the desirable Rainbow/Fallbrook community, offering an exceptional opportunity for investors, owner-occupants, or multigenerational living. Both residences have undergone extensive renovations with thoughtful updates throughout, creating a clean, modern, turnkey property that reflects exceptional pride of ownership. Improvements include new flooring, windows, upgraded kitchens with modern countertops and custom islands, remodeled bathrooms, updated fixtures, sinks, faucets, tile work, recessed lighting, Wi-Fi-enabled mini-split heating and cooling systems, smart-home features, landscaping, fencing, and independent updated electrical panels for each residence. Each unit offers comfortable and functional living spaces with modern finishes throughout. The expansive lot has been improved and graded, providing generous outdoor space and exciting possibilities for future expansion. The property may offer potential for adding an ADU and Junior ADU, creating an opportunity for additional living space, multigenerational use, or future rental income. Additional possibilities may include ranch or equestrian use, hobby farming, or other improvements. All future development and uses are subject to applicable County requirements, zoning, permits, and buyer verification. Conveniently located just minutes from Interstate 15, the property offers the privacy and space of country living while maintaining easy access to Fallbrook, Temecula, and surrounding North County communities. A rare opportunity to own a beautifully remodeled, income-producing two-home property offering modern amenities, usable land, flexibility, and exciting future potential. Live in one and rent the other, create a multigenerational compound, explore the potential for an ADU and JR ADU, or add this unique property to your investment portfolio.
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Property at a Glance: 2005 07 Camino Rainbow
This duplex property at 2005 07 Camino Rainbow, Fallbrook, CA 92028 is for sale at $1,150,000. The home has 0 bedrooms, 0 bathrooms and 0 square feet of living space. It was built in 1970 and sits on a lot of 0.04 acres. Reach out to set up a showing or ask for more details about this home.
Snapshot
- Status
- For sale
- Price
- $1,150,000
- Bedrooms
- 0
- Bathrooms
- 0
- Property Type
- Duplex
- Year Built
- 1970
- Square Feet
- 0
- Lot Size
- 0.04 acres
- Days on Market
- 3
- MLS #
- PTP2607291
- County
- San Diego
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Property Details
Building
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Money
Rooms
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Systems
Living in Fallbrook, CA
2005 07 Camino Rainbow is in Fallbrook, CA, in San Diego County. Ask Brad & Karen Mattonen about other homes for sale in Fallbrook and what nearby homes have sold for.
Location
2005 07 Camino Rainbow, Fallbrook, CA 92028 Open in Google Maps
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Principal and interest only. Taxes, insurance and HOA dues are extra.
Brad & Karen Mattonen Can Answer Your Questions About This Home
Why Work With Brad & Karen Mattonen?
Buying a home in Fallbrook, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 858-518-2875 to get started. Whether 2005 07 Camino Rainbow is the one or you would like to see other homes nearby, reach out any time.
Local facts
Facts and context beyond the MLS description
What the numbers say about 2005 07 Camino Rainbow and the Fallbrook area around it.
Current market context
How this home compares in Fallbrook
- $4Median per sq ft
- 99Homes for sale like it
- 2Average days on market
Nearby sold homes
Recent sold homes near this property
Homes that sold within 1.25 miles of 2005 07 Camino Rainbow in the last 6 months, at a median price of $737,500.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 2005 07 Camino Rainbow | Jun 12, 2026 | 4 bd · 2 ba · 1,920 sqft | $750,000 | 0 mi |
| 2005 07 Camino Rainbow | Jun 12, 2026 | $750,000 | 0 mi | |
| 5434 Rainbow Heights Road | Aug 31, 2026 | 3 bd · 3 ba · 1,900 sqft | $890,000 | 0.2 mi |
| 0 Huffstatler Street | Jul 16, 2026 | $175,000 | 0.3 mi | |
| 5505 Rainbow Heights Road | Sep 1, 2026 | 3 bd · 2 ba · 1,400 sqft | $650,000 | 0.3 mi |
| 1719 Rainbow Valley Blvd. | May 6, 2026 | $910,000 | 0.3 mi | |
| 2362 Huffstatler Street | Jun 29, 2026 | 4 bd · 4 ba · 4,581 sqft | $725,000 | 0.6 mi |
| 2526 Rainbow Valley Boulevard | Jun 24, 2026 | $450,000 | 0.6 mi |
Every home is different. Ask for a full price review before you make an offer.
Listing timeline
Price and status history
| Date | Event | Price |
|---|---|---|
| Sep 30, 2026 | Active | $1,150,000 |
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