5221 Olive Hill Road
Fallbrook, CA 92028
- 7 beds
- 4 baths
- 3,600 sqft
- ~4 acre lot
- $458 per sqft
- 1977 build
- – on site
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
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Checking…
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Last updated May 17, 2025
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MLS# CRNDP2504685 —
This home is listed in more than one place. See it here.
Upcoming Open Houses
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Saturday, 5/17
12pm-3pm -
Sunday, 5/18
12pm-3pm
The Building
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Year Built:1977
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Building Area Units:Square Feet
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Stories:1
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Levels:One Story
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Window Features:Double Pane Windows
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Security Features:Fire Sprinkler System
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Building Area Total:3600
Interior
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Interior Features:Storage
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Kitchen Features:Dishwasher, Double Oven, Electric Range/Cooktop, Garbage Disposal, Microwave, Oven Built-in, Pantry, Other, Refrigerator, Self-Cleaning Oven
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Flooring:Wood
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Fireplace:true
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Fireplace Features:Other
Room Dimensions
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Living Area:3600
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Living Area Units:Square Feet
Location
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Directions:gate is on Olive Hill & Miles Ranch Rd
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Parcel Number:1260101600
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Zoning:R-1:
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Lot Features:Other
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Lot Size Area:4.48
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Lot Size Acres:4.48
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Lot Size SqFt:195148
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Lot Size Units:Acres
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View:Canyon
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (858) 361-2099
Beds
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Bedrooms Total:7
Baths
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Total Baths:4
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Full Baths:4
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Bath Includes:Double Sinks
The Listing
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Listing Terms:Cash
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Virtual Tour URL Branded:https://www.dropbox.com/scl/fi/s9on1efcj7vp22zr2rc3b/5221_Olive_Hill_Brand_Realty_Export3.m4v?rlkey=t1ak3z3oshr35bpe33oehzpqk&e=1&st=mrvcfnzx&dl=0
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/crmls/NDP2504685
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Other Water/Sewer
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Water Source:Other
Appliances
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Appliances:Dishwasher
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Laundry Features:Dryer
Schools
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High School District:Fallbrook Union High
The Community
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Association:false
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Association Amenities:Gated
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Pool Private:false
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Pool Features:None
Parking
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Garage:true
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Attached Garage:true
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Garage Spaces:2
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Carport:false
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Parking Total:2
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Parking Features:Attached
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Covered Spaces:2
Extra Units
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Other Structures:Guest House
Monthly cost estimate
Asking price
$1,649,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,829
|
| Taxes | N/A |
| Insurance | $453 |
| Utilities | $290 See report |
| Total | $9,572/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/15/25
May 15, 2025
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Listed / Active | BRIDGE | $1,649,000 | |
|
11/4/24
Nov 4, 2024
|
Listed / Active | BRIDGE | ||
|
11/3/24
Nov 3, 2024
|
Listed / Active | CRMLS_CA |
