$929,900

1239 Rainbow Valley Boulevard, Fallbrook, CA 92028

3 beds |
2 baths |
1,817 sqft

Single-Family Home
Built in 1887
2.15acre lot
—— car garage
$512/sqft
Listed 2 months ago

Property Description

BACK ON THE MARKET!!! Original Wine Country Schoolhouse. Very special and unique Country property just minutes from Old Town Temecula. Two plus gentle oak studded acres featuring “The Old Vallecitos School House” converted to a three bedroom plus loft, two bathrooms. The renovated Schoolhouse was built in 1887 and was used as such until it was moved onto this property in the 1950's. Beautiful hardwood flooring, a huge fireplace and recently opened up original windows are charming touches to the original first floor. Upstairs the bedrooms have knotty pine flooring and old slat windows. There is a full bedroom and bath downstairs. The home has new drywall, fresh interior and new exterior "Victorian" paint and all of the wood flooring has been refinished. Propane has been added and so have heating and A/C. New Roof in 2025 plus home was recently tented and all termite work completed. Both bathrooms have been completely remodeled and kitchen has been updated with new sink, faucet and countertops. Outside beautiful natural landscape on gentle fertile land perfect for gardening. There is a large metal barn/workshop and a one horse old wood barn. Enjoy the charming setting while being only minutes to everything Temecula and Fallbrook have to offer including 60+ wineries within 20 minutes! Only .4 mile to Rainbow Oaks Restaurant and gas station.

Listing Status:: Active
Date Added:: February 15, 2026
Data Last Updated:: April 16, 2026 at 8:20PM
Listing Office:: Coldwell Banker Realty : 949-499-1320
Listing Agent:: Mary Beth Buckles : 949-230-5887
MLS ID:: OC26034413

General: Breakfast AreaSeparate/Formal Dining RoomHigh CeilingsTwo Story CeilingsBedroom on Main LevelGalley KitchenMain Level Primary
Appliances: Gas OvenGas RangePropane OvenRefrigeratorTankless Water HeaterDryerWasher
Laundry: In Carport
Flooring: TileWood
A/C: Central AirElectricZoned
Heating: ElectricFireplace(s)WoodZoned
Fireplace: Living RoomWood BurningFireplace

Style: Craftsman
Other Structures: Rear PorchCovered
Pool: None
Parking: Parking spaces: 2

General: 2

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
School District: San Diego Unified
County: San Diego

Zoning: 1026600700
View: HillsNeighborhoodOrchardPanoramicRocksTrees/WoodsView
Fencing: Chain Link

Utilities: Propane
Water: Public
Sewer: Septic Tank

Source: CRMLS_CRM

This listing courtesy of Mary Beth Buckles , Coldwell Banker Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Vallecitos Elementary School

5211 5th St, Fallbrook, CA, 92028

Grades PK-8

0.87 miles away

Vallecitos Elementary School

5211 5th St, Fallbrook, CA, 92028

Grades PK-8

0.87 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.