5221 Olive Hill Road, Fallbrook, CA 92028
- $1,470,325
- 7
- BD
- 4
- BA
- 3,600
- SqFt
- Sold Price
- $1,470,325
- List Price
- $1,649,000
- Closing Date
- Oct 08, 2025
- Status
- CLOSED
- MLS#
- NDP2504685
- Year Built
- 1977
- Bedrooms
- 7
- Bathrooms
- 4
- Living Sq. Ft
- 3,600
- Lot Size
- 195,148
- Acres
- 4.48
- Lot Location
- Gentle Sloping, Lot Over 40000 Sqft
- Days on Market
- 68
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
Property 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.
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Additional Information
- Other Buildings
- Guest House, Shed(s)
- 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
- Pool Description
- None
- Fireplace Description
- Great Room, Guest Accommodations
- Heat
- Central, Propane
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Canyon, Hills, Meadow, Mountain(s), Neighborhood, Panoramic
- Garage Spaces Total
- 2
- Sewer
- Septic Tank
- School District
- Fallbrook Union
- 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)
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Sam Miskowicz (sam@seavillarealty.com) from Listing Office: Real Broker.
Listing sold by Alex Eychis from Estate Properties
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.