5221 Olive Hill Road

Fallbrook, CA 92028

  • 7 Bed(s)
  • 4 Bath(s)
  • 3,600 Sqft
  • 195148.8
    Sqft(Lot)
$1,649,000

Description

Earn around $50,000 of annual rental income with not one but two adu's. welcome to 5221 olive hill road and some of the best views in fallbrook. this remarkable multi-use property nestled in the scenic hills of south fallbrook sits on over 4 sprawling acres and offers an incredible blend of residential comfort, income opportunities and versatile outdoor space, all framed with breathtaking panoramic views. the 3 detached homes that come with this purchase are located in a gated community featuring only 12 homes. the heart of the property is a beautifully maintained 3 bedroom, 2 bathroom single story home which perfectly captures the tranquility and natural beauty of fallbrook. expansive windows and sliding glass doors flood the interior with natural light while offering sweeping views of the surrounding hills and countryside. the views are truly unforgettable. enhancing the properties appeal are two fully detached adu's both of which have their own private driveway and fully fenced exterior spaces. the 3 bedroom 1 bath adu is ideal for extended family, guests or as a rental, whilst the cozy 1 bedroom 1 bathroom provides even further flexibility and could also be used as an additional rental property and comes with a detached studio that can be used as an office, artist loft or for extra storage space. 2 acres of the exterior space sits on a gentle sloping terrain, making it an ideal space for horses, a vineyard, gardening or the ultimate backyard playground. enjoy country living at its finest with this unique and versatile multi family compound.

  • Property Type

    Residential

  • County

    San Diego

  • Style

    Residential

  • AD ID

    49708303

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 4
    • Full Baths: 4

    Water/Sewer

    • Sewer : Septic Tank

    Interior Features

    • Interior Features: Ceiling Fan(s),Crown Molding,High Ceilings,Pantry,Storage,Wired for Data,All Bedrooms Down,Bedroom on Main Level,Instant Hot Water,Main Level Primary,Walk-In Pantry,Walk-In Closet(s)
    • Windows: Blinds,Double Pane Windows,ENERGY STAR Qualified Windows
    • Property Appliances: Convection Oven,Double Oven,Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Disposal,Microwave,Refrigerator,Range Hood,Self Cleaning Oven,Vented Exhaust Fan,Dryer,Washer
    • Fireplace: Great Room,Guest Accommodations
    • Flooring: Wood

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central,Propane
    • Has Heating

    Fireplace

    • Fireplace Features: Great Room,Guest Accommodations
    • Has Fireplace: 1

  • Building Information

    • Year Built: 1977

    Security Features

    • Fire Sprinkler System,Security Gate,Gated Community,Key Card Entry,Security Lights

    Pool Features

    • None

    Laundry Features

    • Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 4.48
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 195148.8

  • Listing Price Information

    • Original List Price: 1,649,000
    • Listing Contract Date: 2025-05-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 1260101600

  • Garage and Parking

    • Garage Description: Circular Driveway,Driveway
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92028 - Fallbrook
    • Directions: gate is on Olive Hill & Miles Ranch Rd
    • Zoning: R-1:SINGLE FAM-RES
    • Source Property Type: Residential
    • Area: 92028 - Fallbrook
    • Property SubType: Single Family Residence

    Building and Construction

    • Property Age: 48
    • Common Walls: No Common Walls
    • Structure Type: Single Family Residence
    • Year Built Source: Assessor
    • Total Square Feet Living: 3600
    • Entry Level: 1
    • Entry Location: door/garage
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 06/13/2025 @ 11:40

  • MLS: NDP2504685
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 3,600 sqft, 195,149 sized lot, and 2 parking. are nearby neighborhoods.