5221 Olive Hill Rd, Fallbrook, CA 92028
$1,649,000 Mortgage Calculator Active Single Family Residence
Property Details
About this Property
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
MLS Listing Information
MLS #
CRNDP2504685
MLS Source
California Regional MLS
Days on Site
12
Interior Features
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Kitchen
Exhaust Fan, Other, Pantry
Appliances
Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Other, Oven - Double, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Refrigerator, Dryer, Washer
Fireplace
Other Location
Laundry
In Laundry Room
Cooling
Ceiling Fan, Central Forced Air
Heating
Central Forced Air, Propane
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Other, Garage: 2 Car(s)
High School District
Fallbrook Union High
Sewer
Septic Tank
HOA Fee
$0
Zoning
R-1:SINGLE FAM-RES
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
5221 Olive Hill Rd is a Single Family Residence in Fallbrook, CA 92028. This 3,600 square foot property sits on a 4.48 Acres Lot and features 7 bedrooms & 4 full bathrooms. It is currently priced at $1,649,000 and was built in 1977. This address can also be written as 5221 Olive Hill Rd, Fallbrook, CA 92028.
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This listing information is up-to-date as of May 19, 2025. For the most current information, please contact Sam Miskowicz, (858) 361-2099
