1239 Rainbow Valley Boulevard, Fallbrook, CA 92028 (MLS # OC26030305)

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PRICE $5,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,817 sqft
LOT SIZE 2.15 ac
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Available starting March 1 2026 Fully Furnished! Original Wine Country Schoolhouse. Very special and unique Country property just minutes from Old Town Temecula. Two plus gentle oak studded acres featuring an "Old School House" converted to a three bedroom two bath. The newly renovated Vallecitos Schoolhouse was built in 1889 and was used as such until it was moved onto this property in the 1950's. Beautiful hardwood flooring, a huge fireplace and newly 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 paint and all of the wood flooring has been refinished. Propane has been added and so have new heating and A/C. 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. Submit on pets. May consider both with additional rent.

DAYS ON MARKET 1 LAST UPDATED 2/10/2026
TRACT Fallbrook YEAR BUILT 1887
COMMUNITY 92028 - Fallbrook COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Rental Properties


ADDITIONAL DETAILS
AIR Central Air, Electric, Zoned
AIR CONDITIONING Yes
APPLIANCES Dryer, Gas Oven, Gas Range, Oven, Refrigerator, Tankless Water Heater, Washer
AREA 92028 - Fallbrook
EXTERIOR Garden
FIREPLACE Yes
HEAT Electric, Fireplace(s), Wood, Zoned
INTERIOR High Ceilings, Master Downstairs
LOT 2.15 acre(s)
LOT DESCRIPTION Agricultural, Back Yard, Front Yard, Garden, Level, Rectangular Lot, Secluded
LOT DIMENSIONS 93654
POOL DESCRIPTION None
SEWER Septic Tank
STORIES 2
STYLE Craftsman
SUBDIVISION Fallbrook
UTILITIES Propane
VIEW Yes
VIEW DESCRIPTION Hills, Neighborhood, Orchard, Panoramic, Trees/Woods
WATER Public
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Listed with Coldwell Banker Realty

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