1239 Rainbow Valley Boulevard, Fallbrook, CA 92028 (MLS # OC26034413)

PRICE $929,900 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 1,817 sqft
LOT SIZE 2.15 ac

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.

DAYS ON MARKET 20 LAST UPDATED 4/9/2026
TRACT FALLBROOK YEAR BUILT 1887
COUNTY San Diego STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air, Electric, Zoned
AIR CONDITIONING Yes
APPLIANCES Dryer, Gas Oven, Gas Range, Refrigerator, Tankless Water Heater, Washer
FIREPLACE Yes
HEAT Electric, Fireplace(s), Wood, Zoned
LOT 2.15 acre(s)
SEWER Septic Tank
STORIES 2
STYLE Craftsman, Craftsman/Bungalow
SUBDIVISION FALLBROOK
UTILITIES Propane
VIEW Yes
VIEW DESCRIPTION Neighborhood, Panoramic, Trees/Woods, Mountain(s)
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Coldwell Banker Realty

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Properties on this website was last updated as recently as 4/29/26 10:17 PM PDT.

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