Skip main navigation
Sold for $1,470,325 on 10/08/25
  • Listing Provided by: 

    Sam Miskowicz DRE #02082087 858-361-2099,

    Real Broker

    Bought with: Estate Properties
    $1,470,325

    5221 Olive Hill Rd, Fallbrook, CA 92028

    7beds
    3,600sqft
    Single Family Residence
    Built in 1977
    4.48 Acres Lot
    $1,469,900 Zestimate®
    $408/sqft
    $5,635 Estimated rent

    Owner options

    List your home for rent

    $5,635/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $5,635/mo

    Rent Zestimate®

    Refinance and save

    $9,041/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $9,041/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: October 10, 2025 at 01:28pm

    Listing Provided by:

    Sam Miskowicz DRE #02082087 858-361-2099,

    Real Broker

    Bought with:

    Alex Eychis, DRE #01875191

    Estate Properties

    Source: CRMLS,MLS#: NDP2504685MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Primary bedroom
    • Features: Main Level Primary
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Tub Shower
    Kitchen
    • Features: Butler's Pantry, Pots & Pan Drawers, Self-closing Drawers
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Double Oven, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Dryer, Washer
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Crown Molding, High Ceilings, Pantry, Storage, Wired for Data, All Bedrooms Down, Bedroom on Main Level, Instant Hot Water, Main Level Primary, Walk-In Pantry, Walk-In Closet(s)
    • Flooring: Wood
    • Windows: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
    • Has fireplace: Yes
    • Fireplace features: Great Room, Guest Accommodations
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,600 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Driveway
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: door/garage
    • Pool features: None
    • Has view: Yes
    • View description: Canyon, Hills, Meadow, Mountain(s), Neighborhood, Panoramic
    Lot
    • Size: 4.48 Acres
    • Features: Gentle Sloping, Lot Over 40000 Sqft
    Details
    • Additional structures: Guest House, Shed(s)
    • Parcel number: 1260101600
    • Zoning: R-1:SINGLE FAM-RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: Septic Tank

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System, Security Gate, Gated Community, Key Card Entry, Security Lights
    Community
    • Community features: Biking, Foothills, Stable(s), Gated
    Location
    • Region: Fallbrook

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    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
    $1,469,900