664 Rainbow Drive, Chula Vista, California 91911, Chula Vista, 91911 - 4 bed, 3 bath

664 Rainbow Drive, Chula Vista, California 91911 home-pic-0

664 Rainbow Drive

Chula Vista, California 91911

ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,235Sq Ft
5,227.2Lot Size

Property Price

LIST PRICE$1,020,000
EST. MARKET VALUE
$988,526
3% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$988,526
Based on Realkey algorithm analyzing recent comparable sales in Chula Vista.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
664 Rainbow Drive
Subject
$1,020,000*
List Price
432,235$442-
A
613 Lee Circle
Sold
$950,000431,856$5120.6 mi
B
653 Diamond Drive
Sold
$999,000431,921$5200.0 mi
C
320 E Palommar Street
Sold
$860,000421,835$4691.0 mi
D
626 Mariposa Cir
Sold
$970,000421,806$5370.5 mi
E
1458 Laurel Ave
Sold
$820,000421,977$4150.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1989, the home is functional but shows significant signs of being outdated, particularly in the kitchen and bathrooms which feature original oak cabinetry and tile countertops. While there are some updates like laminate flooring and stainless steel appliances, the overall style is consistent with its original construction era. The property appears to be maintained but requires cosmetic modernization and decluttering to meet current market standards for 'Good' or 'Excellent' condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Parkview Elementary School (10/10).

  • No HOA Fees

    The property is located in the desirable Sunbow community without the burden of monthly HOA dues, providing significant long-term savings and fewer restrictions for the homeowner.

  • Main Floor Bedroom and Bath

    The inclusion of a bedroom and a full bathroom on the first floor offers excellent versatility for multi-generational living, guests, or those with accessibility needs.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 4995.

  • Modest Lot Size

    With a lot size of approximately 5,227 square feet, the outdoor space is relatively compact for a large five-bedroom home, potentially limiting yard activities.

  • Potential for Modernization

    Built in 1989, the property may require capital investment for cosmetic or system updates to compete with the modern finishes found in newer Chula Vista developments.

About 664 Rainbow Drive

Fantastic opportunity to own a great 5 bedroom, 3 bath home in the desirable Sunbow community of Chula Vista. No HOA! This home has a bedroom and full bath on the first floor. Large open family room with vaulted ceilings which opens to a covered patio, an ideal spot for entertaining. Large master bedroom with walk-in closet and large balcony looking over the backyard. Wonderful location and conveniently located near shopping, restaurants, parks, schools, hospital, and easy freeway access. This one is a must see!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1989
Lot Size
5,227.2 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

Chula Vista Unified Schools

Parkview Elementary School

Grades K-6 • 0.7 mi

10/10

Hedenkamp (Anne And William) Elementary School

Grades K-6 • 0.9 mi

8/10

Rogers (Greg) Elementary School

Grades K-6 • 3.0 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.02.0
70%
Square foot2,2351,479
88%
Lot Size5,227.27,000
26%
Price$1.02M$815.0K
90%
Price per sq ft$456$560
19%
Built year19891966
88%
HOA$0$0
50%
Days on market33156
5%

Pricing History

Listed for Sale

Feb 2, 2026

$1,020,000

Initial Listing

Sold

Sep 15, 2005

$612,000

Public Record

Sold

May 23, 2002

$346,000

Public Record

Browse Properties by State Browse housing market trends by state