Fallbrook, CA 92028 5221 Olive Hill Road

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Presented By: Real Broker;
  • San Diego Regional MLS (SDMLS) - 32 - CA
  • MLS# NDP2504685
  • 05/12/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 4
  • SQFT • 3,600
  • Garage • 2

Home Details

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. 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.
Presented By: Real Broker;

Interior Features for 5221 Olive Hill Road

Bedrooms

Total Bedrooms7

Other Interior Features

Water Heater TypeInstant Hot Water
Heat SourcePropane
EquipmentDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Convection Oven, Double Oven, Electric Oven, Electric Range, Self Cleaning Oven, Vented Exhaust Fan
FireplaceGreat Room, Guest House
FlooringWood

General for 5221 Olive Hill Road

CFD/Mello-Roos Fee157.68
CoolingCentral Forced Air
Full Baths4
Garage Spaces2
HOA Fee$0.0
HeatingForced Air Unit
Laundry Y/NLaundry Room
MiscellaneousFoothills
Price Per Sq Ft Total AG458.06
Residential Unit LocationNo Common Walls
Sale/RentFor Sale
Security FeaturesAutomatic Gate, Gated Community, Card/Code Access, Security Lights
SewerConventional Septic
Stories1 Story
TelecommunicationsWired for Data
TermsCash, Conventional, FHA, VA
Units in Complex0
ViewMountains/Hills, Panoramic, Valley/Canyon, Meadow, Neighborhood
Year Built1977
ZoningR-1:SINGLE

Exterior for 5221 Olive Hill Road

Lot Size Area4+ to 10 AC
Parking Non-GarageDriveway, Circular Driveway
PoolN/K
Total Parking2

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,649,000
MLS#NDP2504685
List Date 05/12/2025
Property Type Single Family
Phone 714.742.6515
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