$100,000 PRICE REDUCTION - PLUS up to $20,000 buyer credit towards 2/1 rate buy down/buyer incentives. Nestled in the serene setting of Fallbrook, CA, this single-family home at 5299 Olive Hill Rd offers exceptional living on 2.56 acres. Boasting 2831 square feet, it features 3 bedrooms with an optional 4th on the first floor, and 2.5 bathrooms. The property includes built-ins, curved stairs, and high ceilings, with open, eastern-facing panoramic mountain views. Inside, discover a renovated kitchen and bath with a blend of hardwood, tile, vinyl floors with the exception of carpeted stairs. The kitchen features a breakfast bar, granite counters, stainless steel appliances, and a wine cooler. The home also has chandeliers, recessed lighting, and 2 working fireplaces. Enjoy a walk-in closet and bathrooms with double sinks, granite finishes, and a separate shower and tub in the primary ensuite. Outside, private spaces include a balcony, patio, wrap-around terrace, and a well-maintained yard with a deck, fence, and inviting front and backyards. This home has a robust, paid-off solar system with 2 Tesla home batteries and monitoring software. The property also features a greenhouse with plumbing and full electrical, complete with its own sub panel. Amenities include a relatively new air conditioning unit, central heating, an attached garage, an electric gate, and a storage shed. This home is ready to welcome you.
Sold for $994,500
$994,500
5299 Olive Hill Rd, Fallbrook, CA 92028
3beds
2,831sqft
Single Family Residence
Built in 1980
2.65 Acres Lot
$972,900 Zestimate®
$351/sqft
$5,541 Estimated rent
Home value
$972,900
$885,000 - $1.06M
$5,541/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 27, 2025 at 01:52am
Listed by:
Scott Robeson DRE #02019463 858-401-3077,
Compass
Bought with:
Scott Robeson, DRE #02019463
Compass
Source: SDMLS,MLS#: 240013546
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Fireplace, Forced Air Unit
Cooling
- Central Forced Air, Energy Star
Appliances
- Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Satellite Dish, Shed(s), Solar Panels, Trash Compactor, Continuous Clean Oven, Electric Oven, Electric Range, Electric Stove, Free Standing Range, Freezer, Range/Stove Hood, Self Cleaning Oven, Vented Exhaust Fan, Electric Cooking
- Laundry: Electric, Washer Hookup
Features
- Flooring: Carpet, Tile, Wood
Interior area
- Total structure area: 2,831
- Total interior livable area: 2,831 sqft
Property
Parking
- Total spaces: 13
- Parking features: Attached, Garage - Three Door, Garage Door Opener
- Garage spaces: 3
Features
- Levels: 2 Story
- Pool features: N/K
- Fencing: Full,Gate,Security,Chain Link
- Has view: Yes
- View description: Mountains/Hills, Panoramic, Valley/Canyon, Pond, Orchard/Grove, Trees/Woods
- Has water view: Yes
- Water view: Pond
- Frontage type: Canyon,Lake/River,Open Space
Lot
- Size: 2.65 Acres
Details
- Parcel number: 1260101500
- Zoning: R-1:SINGLE
- Zoning description: R-1:SINGLE
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Custom Built,Traditional
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Tile/Clay
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Septic Installed
- Water: Public
Community & neighborhood
Location
- Region: Fallbrook
- Subdivision: FALLBROOK
HOA & financial
HOA
- HOA fee: $400 annually
- Services included: Gated Community
- Association name: Olive Hill Rd Association
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2024 | Sold | $994,500-0.5%$351/sqft |
Source:  SDMLS #240013546 Report a problem | ||
| 8/6/2024 | Pending sale | $999,998$353/sqft |
Source: SDMLS #240013546 Report a problem | ||
| 7/26/2024 | Price change | $999,998-9.1%$353/sqft |
Source: SDMLS #240013546 Report a problem | ||
| 6/28/2024 | Price change | $1,099,998-4.3%$389/sqft |
Source: SDMLS #240013546 Report a problem | ||
| 6/13/2024 | Listed for sale | $1,149,998+49%$406/sqft |
Source: SDMLS #240013546 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,465 +52.1% | $994,500 +21.4% |
| 2024 | $6,882 +1.4% | $819,187 +2% |
| 2023 | $6,788 -17.7% | $803,125 +2% |
Find assessor info on the county website
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 7/10Bonsall West Elementary SchoolGrades: K-6Distance: 3.5 mi
- 6/10Norman L. Sullivan Middle SchoolGrades: 6-8Distance: 3.9 mi
- 5/10Bonsall HighGrades: 9-12Distance: 3.9 mi
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Estimated market value
$972,900