Homes for sale - 5221 Olive Hill Road, Fallbrook, CA 92028

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John R Thompson

jrtcalibroker@gmail.com +1(805) 796-5221

Listed by Sam Miskowicz • Real Broker

$1,649,000

Est. payment - /mo

7 Beds

4 Baths

3,600 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $458

MLS Listing ID 8N-2504685

Bedrooms 7

Full Baths 4

Year Built 1977

Lot Size 4.480 Acres

Property Sub-Type Single Family Residence

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. Around 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.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning R-1:SINGLE FAM-RES

Interior

Interior Features Ceiling Fan(s), Crown Molding, High Ceilings, Pantry, Storage, Wired for Data, Butler's Pantry, Pots & Pan Drawers, Self-Closing Drawers

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Great Room, Guest House

Laundry Dryer Included, Individual Room, Washer Included

Exterior

Parking Features Circular Driveway, Driveway

Garage Spaces 2.0

Pool None

Community Features Biking, Foothills, Stable(s)

View Y/N Yes

View Canyon, Hills, Meadow, Mountain(s), Panoramic

Building

Lot Description Gentle Sloping, Lot Over 40000 Sqft

Sewer Conventional Septic

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John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

5221 Olive Hill Road Fallbrook, CA 92028

John R Thompson

Key Details

Location

Interior

Exterior

Building

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5221 Olive Hill Road