Sold
940 W Rainbow Falls Way sold on August 31, 2023 for $865,000. The details are below for reference.
940 W Rainbow Falls Way, Orange, CA 92865
- 3 beds
- 3 baths
- 1,669 sq ft
- 3,450 sq ft lot
- Built 1983
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$865,000
Subdivision River Trail
The home
About 940 W Rainbow Falls Way
This 3-bedroom River Trail home (near the Santa Ana River Trail) features a carefully planned design, with an impressive entrance leading into a sizable first floor. With a new roof, automatic sprinkler system, and new windows, this house is a must see! The first thing you'll notice when you arrive is its reserved cul-de-sac location and large, deep driveway. From a private side path, you'll enter through an exquisitely painted blue door into a lovely living room, with striking high vaulted ceilings. The living room flows across into the quaint dining room area, which has great natural lighting due to its sliding double-door access to the back patio. The dining room leads into the upgraded kitchen, with beautiful granite counters, modern appliances, and up-to-date fixtures, as well as a cute nearby half bath. The kitchen conveniently leads to a cozy family room, which boasts a charming large stone fireplace, and a second set of sliding doors, giving access to an attractive back patio. From the family room, it’s easy to mosey on to the upstairs main bedroom, with its ensuite bathroom. Two other bedrooms and a second full bath complete the upstairs ensemble. The smaller bedroom can easily double as a home office. This well-loved, friendly, safe, and highly sought after community has a pool, jacuzzi, and beautifully maintained common green spaces, which are attractive for morning or evening walks. All of this at an exceptionally low HOA rate! As a bonus, it has proximity to Orange County’s favorite attractions, 3 major freeways, Santiago Canyon College, and Chapman University. It is in the much-desired Villa Park HS district and close to the highly rated Fletcher Mandarin Immersion Public School. Don’t miss this incredible opportunity to get so much living space in an excellent location, and the chance to make it your very own!
Property details for 940 W Rainbow Falls Way
This 3-bedroom, 3-bath single-family home sits in the River Trail neighborhood of Orange in Orange County. It has 1,669 square feet of living space on a 3,450-square-foot lot. The home was built in 1983. The MLS record lists the assessor parcel number as 374-742-04. Highlights include a community pool, a fireplace, an attached two-car garage, and central air.
Specifications
Home Details
General Features
- Property Type
- Single Family Residence
- MLS Number
- PW23122200
- Year Built
- 1983
- Living Area (sq ft)
- 1,669
- Living Area Source
- Assessor
- Lot Size (sq ft)
- 3,450
- Lot Size (acres)
- 0.0792
- Levels
- Two
- Bedrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Garage Spaces
- 2
- Parking Spaces
- 2
- View
- Neighborhood
- HOA Dues
- $137
- HOA Frequency
- Monthly
- HOA Name
- River trail
- Parcel Number
- 37474204
- On Market Date
- 2023-07-19
- Listing Terms
- Standard
Interior Features
- Interior Features
- Ceiling Fans, Separate Formal Dining Room, Granite Counters, High Ceilings, All Bedrooms Up
- Appliances
- Double Oven, Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Family Room
- Laundry
- Laundry Room
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Front Yard, Lawn
- Patio and Porch
- Patio
- Parking
- Attached Carport, Garage
- Pool Features
- Community, Association
- Sewer
- Public Sewer
- Water
- Public
- Units
- 1
Community Features
- Subdivision
- River Trail (RIVT)
- Community Features
- Sidewalks, Pool
- Association Amenities
- Pool
The record
Property History for 940 W Rainbow Falls Way
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 31, 2023 | Sold | $865,000 | |
| Aug 9, 2023 | Status changed to Pending | From Active | |
| Jul 31, 2023 | Price reduced | $880,000 | From $925,000 |
| Jul 19, 2023 | Status changed to Active | From Coming Soon | |
| Jul 19, 2023 | Listed for sale | $925,000 |
No prior MLS sales on record for this home since 2012.
Added by Realatrends Real Estate
Flood, Fire and Earthquake Zones for 940 W Rainbow Falls Way
We looked up this home's map point in public government maps. These facts are not part of the MLS listing.
Hazard zones
- Flood zone
Zone X. Outside FEMA's Special Flood Hazard Area.
FEMA National Flood Hazard Layer, FIRM panel 06059C0153J effective December 3, 2009. Checked October 15, 2026.
- Fire hazard severity zone
Not in a fire hazard severity zone on the State Fire Marshal's map.
CAL FIRE, State Fire Marshal map for Local Responsibility Areas, March 24, 2025. Checked October 15, 2026.
- Earthquake fault zone
Outside the Alquist-Priolo Earthquake Fault Zones.
California Geological Survey, Earthquake Fault Zones. Checked October 15, 2026.
- Liquefaction zone
Inside a Seismic Hazard Zone for liquefaction.
California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
- Landslide zone
Outside the earthquake-induced landslide zones.
California Geological Survey, Seismic Hazard Zones map, Orange quadrangle, released April 15, 1998. Checked October 15, 2026.
Internet and charging
- Fixed internet
Cable: Spectrum, up to 1,000 Mbps, at 39 of 40 residential locations in this census block. DSL: AT&T, up to 100 Mbps, at 39 of 40. Fixed wireless: Cosmo Network Solutions, LLC, up to 350 Mbps, at 40 of 40.
FCC National Broadband Map, provider-reported data as of December 31, 2025, for census block 060590762041003, not for this address. Not endorsed by the FCC. Checked October 15, 2026.
- EV charging
Nearest public charger 1.4 miles away (ChargePoint, 2 Level 2 ports). 324 public charging ports within 3 miles.
U.S. Department of Energy, Alternative Fuels Data Center. Straight-line distance. Checked October 15, 2026.
These facts are for the listing's map point, which can sit off the lot. A zone line can also cross a lot, and agencies revise their maps. In cities, the fire zone line follows the State Fire Marshal's 2025 map; each city adopts its own map and may add areas. These lines are not a Natural Hazard Disclosure. Check the official maps and the seller's disclosures before you rely on them. Sources for the earthquake zone lines: Reproduced with permission, California Geological Survey, Webservice of Official Maps of Alquist-Priolo Earthquake Fault Zones (2025). Reproduced with permission, California Geological Survey, Webservice of Official Maps of Seismic Hazard Zones (2025).
Official maps
Next steps
Looking for something similar
940 W Rainbow Falls Way is no longer on the market, but comparable homes come up in Orange regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 940 W Rainbow Falls Way
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The neighborhood
Orange home sales, past 12 months
- Homes sold
- 583
- Median price
- $1,255,000
- Median days on market
- 14
- Median per sq ft
- $681
Recorded MLS closings of single-family homes, Oct 28, 2025 to Oct 28, 2026. Days on market run from listing to going under contract.
Recent Orange sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 2809 N Colorado Lane | Oct 28, 2026 | $1,830,000 | 3,013 | $607 | 39 |
| 7625 E Twinleaf | Oct 28, 2026 | $1,425,000 | 2,722 | $524 | 6 |
| 606 E Vista Del Gaviota | Oct 27, 2026 | $830,000 | 1,372 | $605 | 0 |
| 1245 W Cherry | Oct 26, 2026 | $765,000 | 1,263 | $606 | 27 |
| 11082 Meads | Oct 26, 2026 | $1,775,000 | 2,965 | $599 | 193 |
Schools
Schools for 940 W Rainbow Falls Way
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Fletcher
- High
- Villa Park
- District
- Orange Unified
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Listed by Mac Morante of Keller Williams Realty
Listing information updated Sep 1, 2023 at 10:29 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.