Enjoy peaceful privacy, beautiful natural surroundings, and room to grow in this inviting retreat that sits on nearly 2 acres in beautiful Fallbrook. Set back from the road and surrounded by mature trees, this newly remodeled home offers the perfect blend of privacy, charm, and modern upgrades. This 3 bedroom, 3bath home features a fully remodeled kitchen and new appliances, remodeled bathrooms, new laminate flooring, fresh interior and exterior paint, new light fixtures and a new extra-large water heater, creating a bright and move-in ready space. A spacious bonus room is currently being used as a game room and includes a wet bar and cozy fireplace, making it an ideal gathering space for entertaining family and friends. Spa and pool table are included for added enjoyment. The flexible floor plan includes two bedrooms with their own en-suite bathrooms, offering the option for dual primary suites or a comfortable setup for multigenerational living or a private mother-in-law suite. An oversized garage with a built-in workbench provides excellent space for projects, storage, hobbies or workshop use. The nearly 2-acre property offers usable land and endless possibilities, with fruit trees including tangerines, grapefruit, lime, lemon, and pomegranate. Whether you envision gardens, space for animals, outdoor entertaining areas, or exploring ADU potential (buyer to verify), this property offers the flexibility to create your ideal country lifestyle.
For sale
$949,000
2824 Olive Hill Rd, Fallbrook, CA 92028
3beds
1,988sqft
Est.:
Single Family Residence
Built in 1972
-- sqft lot
$936,200 Zestimate®
$477/sqft
$-- HOA
What's special
Cozy fireplaceUsable landNew light fixturesSurrounded by mature treesNewly remodeled homeNew laminate flooringFully remodeled kitchen
- 9 days |
- 2,987 |
- 165 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 06, 2026 at 03:57pm
Listed by:
Kaylani Rapp DRE #01306285 Preferred:949-338-5615,
Real Broker
Source: SDMLS,MLS#: 260005246
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Fireplace, Forced Air Unit, Wood Stove
Cooling
- Central Forced Air, Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Refrigerator, Shed(s), Washer, Convection Oven, Electric Oven, Electric Stove, Range/Stove Hood, Counter Top, Electric Cooking, Electric Water Heater
- Laundry: Electric
Features
- Bar, Bathtub, Built-Ins, Kitchen Island, Open Floor Plan, Recessed Lighting, Remodeled Kitchen, Shower, Shower in Tub, Kitchen Open to Family Rm
- Flooring: Laminate
- Number of fireplaces: 2
- Fireplace features: FP in Living Room, Bonus Room, Wood
Interior area
- Total structure area: 1,988
- Total interior livable area: 1,988 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage, Garage - Front Entry, Garage - Rear Entry, Garage - Two Door, Garage Door Opener
- Garage spaces: 2
Features
- Levels: 1 Story
- Patio & porch: Awning/Porch Covered
- Pool features: N/K
- Spa features: Private Portable
- Fencing: Gate,Chain Link
- Has view: Yes
- View description: Parklike, Orchard/Grove, Trees/Woods
Details
- Additional structures: Greenhouse, Shed
- Parcel number: 1230104200
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood
- Roof: Shingle
Condition
- Termite Clearance,Turnkey
- Year built: 1972
Utilities & green energy
- Sewer: Septic Installed
- Water: Meter on Property
- Utilities for property: Electricity Available, Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: FALLBROOK
HOA
- Services included: N/K
Location
- Region: Fallbrook
Financial & listing details
- Price per square foot: $477/sqft
- Tax assessed value: $368,844
- Annual tax amount: $3,931
- Date on market: 3/5/2026
- Listing terms: Cash,Conventional,FHA,VA
- Electric utility on property: Yes
Estimated market value
$936,200
$889,000 - $983,000
$4,098/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/6/2026 | Listed for sale | $949,000$477/sqft |
Source:  SDMLS #260005246 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,931 +2.5% | $368,844 +2% |
| 2024 | $3,837 +2.6% | $361,613 +2% |
| 2023 | $3,738 +0% | $354,523 +2% |
| 2022 | $3,738 +3.5% | $347,573 +2% |
| 2021 | $3,612 -0.8% | $340,759 +1% |
| 2020 | $3,640 +4% | $337,266 +2% |
| 2019 | $3,499 -0.4% | $330,653 +2% |
| 2018 | $3,511 +2% | $324,171 +2% |
| 2017 | $3,441 +2.6% | $317,816 +2% |
| 2016 | $3,354 +1.6% | $311,585 +1.5% |
| 2015 | $3,301 +1.9% | $306,906 +2% |
| 2014 | $3,238 | $300,896 +0.5% |
| 2013 | -- | $299,538 +2% |
| 2012 | -- | $293,666 +2% |
| 2011 | -- | $287,909 +0.8% |
| 2010 | -- | $285,758 -0.2% |
| 2009 | -- | $286,438 +2% |
| 2008 | -- | $280,822 +2% |
| 2007 | -- | $275,316 +2% |
| 2006 | -- | $269,919 +2% |
| 2005 | -- | $264,628 +2% |
| 2004 | -- | $259,440 +1.9% |
| 2003 | -- | $254,686 +2% |
| 2002 | -- | $249,694 +2% |
| 2001 | -- | $244,799 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,618/mo
Principal & interest
$4693
Property taxes
$925
More affordability tools
Climate risks
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 5/10Fallbrook Street Elementary SchoolGrades: K-6Distance: 2.6 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 2.2 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 0.6 mi
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