*FHA Assumable Loan 2.73%** - Endless potential awaits on this flat, fully usable acre in the heart of Fallbrook! This gated and fenced property offers a rare opportunity to create your dream estate—whether you're envisioning a custom remodel, room to expand, or space for a pool, spa, ADU, or even a hobby farm with horses, goats, chickens, and more. Brimming with original charm and custom interior details, the home provides a solid foundation for reimagining into your own personal paradise. Surrounded by beautiful estates and nestled near scenic horse trails, this tranquil retreat feels worlds away while still being conveniently close to town. Enjoy the freedom of no HOA and the flexibility to craft the lifestyle you’ve been dreaming of—all in one of Fallbrook’s most desirable areas.
Sold for $780,000 on 06/23/25
Listing Provided by:
George Fillippis DRE #02082015 760-840-5151,
Real Broker,
Serri Rowell DRE #01484073 760-840-5151,
Real Broker
Bought with: Berkshire Hathaway HomeServices California Properties
$780,000
3605 Olive Hill Rd, Fallbrook, CA 92028
3beds
1,698sqft
Single Family Residence
Built in 1959
0.93 Acres Lot
$781,300 Zestimate®
$459/sqft
$3,830 Estimated rent
Home value
$781,300
$719,000 - $852,000
$3,830/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 23, 2025 at 05:09pm
Listing Provided by:
George Fillippis DRE #02082015 760-840-5151,
Real Broker,
Serri Rowell DRE #01484073 760-840-5151,
Real Broker
Bought with:
Daniel Albrecht, DRE #01934864
Berkshire Hathaway HomeServices California Properties
Source: CRMLS,MLS#: NDP2505096
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Cooling
- None
Appliances
- Laundry: Laundry Room
Features
- All Bedrooms Down, Bedroom on Main Level
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,698 sqft
Property
Parking
- Parking features: Gated, On Site
Features
- Levels: One
- Stories: 1
- Entry location: door
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.93 Acres
- Features: Lot Over 40000 Sqft, Yard
Details
- Parcel number: 1210440600
- Zoning: R-1:SINGLE FAM-RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1959
Community & neighborhood
Community
- Community features: Curbs, Street Lights
Location
- Region: Fallbrook
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2025 | Sold | $780,000+4.1%$459/sqft |
Source:  CRMLS #NDP2505096 | ||
| 5/30/2025 | Pending sale | $749,000$441/sqft |
Source: CRMLS #NDP2505096 | ||
| 5/23/2025 | Listed for sale | $749,000+34%$441/sqft |
Source: CRMLS #NDP2505096 | ||
| 8/26/2019 | Sold | $559,000$329/sqft |
Source:  CRMLS #SW19088885 | ||
| 7/19/2019 | Pending sale | $559,000$329/sqft |
Source: Re/Max United #SW19088885 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,589 +2.4% | $611,343 +2% |
| 2024 | $6,433 +3% | $599,357 +2% |
| 2023 | $6,243 0% | $587,606 +2% |
Find assessor info on the county website
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 6/10Fallbrook Street Elementary SchoolGrades: K-6Distance: 3.5 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 3.2 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$781,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$781,300