5221 Olive Hill Road, Fallbrook, CA

$1,649,000

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7

Beds

4

Baths

3,600

Square feet

4.48

Acres

About 5221 Olive Hill Road

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.

Features of 5221 Olive Hill Road

MLS® # NDP2504685
Price $1,649,000
Bedrooms 7
Bathrooms 4.00
Full Baths 4
Square Footage 3,600
Acres 4.48
Year Built 1977
Type Residential
Sub-Type Detached
Status Closed

Community Information

Address 5221 Olive Hill Road
Area FALLBROOK (92028)
City Fallbrook
County San Diego
State CA
Zip Code 92028

Amenities

Parking Spaces 2
# of Garages 2
View Meadow,Mountains/Hills,Neighborhood,Panoramic,Valley/Canyon
Is Waterfront No
Has Pool No
Pool N/K

Interior

Interior Features Pantry
Appliances Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer,Convection Oven,Double Oven,Electric Oven,Electric Range,Self Cleaning Oven,Vented Exhaust Fan
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace Yes
Fireplaces Great Room,Guest House
# of Stories 1
Stories 1 Story

School Information

District Fallbrook Union High School Dist

Additional Information

Date Listed May 12th, 2025
Days on Market 73
Zoning R-1:SINGLE
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeReal Broker

Listing Map

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