About 7051 Mount Olympus Drive
Welcome to Casa Lago, a rare private lakefront estate spanning 51+ acres across two legal parcels in one of Fallbrook’s most scenic settings. The main parcel encompasses approximately 19 acres and features a 5,891 sq. ft. single-level lodge-style residence with 6 bedrooms and 4.5 bathrooms, designed to capture sweeping mountain and lake views. The approximately two-acre stocked lake—expanded and fully lined with over $200,000 in improvements—serves as a striking centerpiece. Inside, the home offers a grand great room with soaring beamed ceilings and walls of glass, a chef-caliber kitchen, formal dining, and quality finishes throughout. The primary suite includes a fireplace and tranquil views, while en-suite guest rooms provide comfort and privacy. Wrap-around verandas and a resort-style pool and spa create seamless indoor-outdoor living. The grounds include a detached recreation building with a full-size racquetball court, pickleball court, shuffleboard, pool table, and game lounge. Additional features include leased solar, a flower-growing area, private go-kart track with hangar, and space suitable for equestrian use. The second parcel consists of approximately 32 acres with underground utilities and panoramic views, offering potential for a variety of uses, subject to buyer verification. Conveniently located approximately six miles to I-15, providing access to San Diego, Los Angeles and multiple regional airports. Casa Lago presents a rare opportunity to own a private lakefront estate in San Diego County.
Features of 7051 Mount Olympus Drive
| MLS® # | 260009302 |
|---|---|
| Price | $3,600,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Full Baths | 4 |
| Half Baths | 1 |
| Square Footage | 5,891 |
| Acres | 52.00 |
| Year Built | 2004 |
| Type | Residential |
| Sub-Type | Detached |
| Status | Closed |
Community Information
| Address | 7051 Mount Olympus Drive |
|---|---|
| Area | FALLBROOK (92028) |
| Subdivision | Rainbow |
| City | Fallbrook |
| County | San Diego |
| State | CA |
| Zip Code | 92028 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Parking | None Known |
| View | Lake/River,Mountains/Hills |
| Is Waterfront | Yes |
| Has Pool | Yes |
| Pool | Below Ground,Heated |
Interior
| Appliances | Dishwasher,Disposal,Dryer,Fire Sprinklers,Microwave,Pool/Spa/Equipment,Satellite Dish,Washer,Built In Range,Barbecue,Gas Cooking |
|---|---|
| Heating | Zoned Areas,Fireplace,Forced Air Unit |
| Cooling | Central Forced Air |
| Fireplace | Yes |
| # of Fireplaces | 3 |
| Fireplaces | FP in Family Room,Patio/Outdoors,Primary Retreat |
| Stories | 1 Story |
Exterior
| Roof | Concrete,Tile |
|---|---|
| Construction | Stucco |
Additional Information
| Date Listed | April 19th, 2026 |
|---|---|
| Days on Market | 12 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty |
|---|
