42 Rainbow Ridge, Phillips Ranch, California 91766, Phillips Ranch, 91766 - 4 bed, 3 bath
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42 Rainbow Ridge
Phillips Ranch, California 91766
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,000Sq Ft
5,777Lot Size
Property Price
LIST PRICE$978,999
EST. MARKET VALUE
$978,999
SUMMARY
FULL_VERSION
This Stunning Move-In Ready Home is listed at $978,999, reflecting a stable price point aligned with its $978,999 Fair Market Value. Featuring a renovated kitchen and bathrooms, the property boasts a Condition Rating of 3, ensuring a contemporary, turnkey lifestyle. Situated in the prestigious Phillips Ranch community, the home offers a private heated swimming pool and scenic mountain views, complemented by access to top-rated schools like Pantera Elementary (9/10). This property provides a perfect balance of luxury and convenience, making it an ideal acquisition for growing families or discerning owner-occupants.
SEO VERSION
Turnkey 4-bed, 3-bath pool home in Phillips Ranch. Renovated kitchen, mountain views, and top-rated schools. Move-in ready luxury in a prime California location.
Estimated Market Value
$978,999
Based on Realkey algorithm analyzing recent comparable sales in Phillips Ranch.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42 Rainbow Ridge Subject 4 bd · 3 ba · 2,000 sqft · $489 | $978,999* List Price | 4 | 3 | 2,000 | $489 | - |
A 15 Knollview Sold 4 bd · 3 ba · 1,938 sqft · $457 · 0.4 mi | $885,000 | 4 | 3 | 1,938 | $457 | 0.4 mi |
B 3 Old Wood Sold 4 bd · 3 ba · 2,097 sqft · $441 · 0.8 mi | $925,000 | 4 | 3 | 2,097 | $441 | 0.8 mi |
C 49 Stagecoach Drive Sold 3 bd · 3 ba · 2,083 sqft · $432 · 0.8 mi | $900,000 | 3 | 3 | 2,083 | $432 | 0.8 mi |
D 5 Navajo Trail Sold 4 bd · 3 ba · 2,020 sqft · $453 · 0.2 mi | $915,000 | 4 | 3 | 2,020 | $453 | 0.2 mi |
E 6 Skyline Sold 4 bd · 3 ba · 2,020 sqft · $430 · 0.0 mi | $868,000 | 4 | 3 | 2,020 | $430 | 0.0 mi |
F 8 Quiet Hollow Road Sold 3 bd · 3 ba · 1,948 sqft · $451 · 0.1 mi | $878,000 | 3 | 3 | 1,948 | $451 | 0.1 mi |
G 8 Tanglewood Sold 4 bd · 3 ba · 2,097 sqft · $386 · 0.5 mi | $810,000 | 4 | 3 | 2,097 | $386 | 0.5 mi |
H 35 Rainbow Ridge Sold 4 bd · 3 ba · 2,020 sqft · $475 · 0.0 mi | $960,000 | 4 | 3 | 2,020 | $475 | 0.0 mi |
I 38 Deer Creek Active 3 bd · 3 ba · 1,948 sqft · $449 · 0.2 mi | $875,000 List Price | 3 | 3 | 1,948 | $449 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1981, the property has undergone significant renovations to the kitchen and bathrooms within the last 5-15 years. The interior features modern cabinetry, recessed lighting, and stone tile flooring, making it move-in ready. The systems and exterior appear well-maintained, though the pool area shows some age-appropriate wear.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Pantera Elementary School (9/10).
- Modernized Interior
The home features a fully upgraded kitchen and bathrooms throughout, providing a contemporary aesthetic and move-in ready convenience for modern buyers.
- Premium Outdoor Living
A private heated swimming pool paired with scenic hill and mountain views makes this property an ideal space for year-round entertainment and relaxation.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 193 days on the market and a previous price reduction, the property may struggle with buyer momentum and perceived value in the current market.
- Limited Lot Space
The 5,777 sqft lot is relatively compact for this price range, which may restrict additional outdoor utility given the space occupied by the swimming pool.
About 42 Rainbow Ridge
Very sought after; Very Nice neighborhood in Phillips Ranch. This beautiful pool home has an upgraded kitchen and bathrooms throughout. Very spacious and inviting. Heated Swimming pool in the back for Summer fun or pool parties in the Spring and Summer. Don't miss out on this outstanding property in Phillips Ranch; It's like no other.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 5,777 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phillips Ranch Unified Schools
Decker Elementary School
Grades PK-6 • 0.7 mi
3/10
Ranch Hills Elementary School
Grades PK-6 • 1.3 mi
7/10
Westmont Elementary School
Grades PK-6 • 1.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.9 |
| Square foot | 2,000 | 2,048.143 |
| Lot Size | 5,777 | 6,844.714 |
| Price | $979.0K | $904.9K |
| Price per sq ft | $489 | $454 |
| Built year | 1981 | 1980 |
| HOA | $0 | $0 |
| Days on market | 194 | 74 |
Pricing History
Listed for Sale
May 22, 2026
$978,999
$998,999
-2% Price Drop
Initial Listing
Price Change
Apr 13, 2026
$998,999
Initial Listing
Sold
Apr 1, 2005
$515,000
Public Record