Homes for sale - 5221 Olive Hill Road, Fallbrook, CA 92028

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$1,970,000

Est. payment - /mo

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7 BD

4 BA

3,600 SqFt

Active

5221 Olive Hill Road Fallbrook, CA 92028

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Jeff Underdahl

jeff@jeffunderdahl.com +1(760) 271-8772

UPDATED:

11/03/2024 04:36 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $547

MLS Listing ID NDP2409383

Bedrooms 7

Full Baths 4

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1977

Lot Size 4.480 Acres

Property Description

Very rare once-in-a-lifetime opportunity to own three detached houses on a large 4.5 acre lot in the prestigious Miles Ranch community of Morro Hills, Fallbrook. This amazing property offers a main house with 3 bedrooms and 2 bathrooms spanning 2300 square feet of living space. Additionally, there are two guest houses/ADUs perfect for multi-generational living or as investment properties. The first guest house features 3 bedrooms and 1 bathroom with 900 square feet, while the second guest house offers 1 bedroom and 1 bathroom with 400 square feet. Situated in a small, gated community with only 12 residences, this property boasts mostly fully fenced and cross-fenced 4.5 acres, ideal for a variety of uses. Each house has its own fenced yard, perfect for pets, and there is a 2-acre gentle slope area suitable for horses. The main house includes a circular driveway, and a spacious 700 square foot great room with breathtaking views and numerous upgrades such as a newer roof, double-pane windows, wood floors, window blinds, and updated electrical features and large storage shed. The 3/1 Guest House has a private driveway and is all electric and has newer windows, wood flooring, stackable washer & dryer, and updated electrical features and storage shed. The 1/1 guest house also has a private driveway and comes with a detached art studio/storage room and storage shed, and has a newer refrigerator, range and washer and dryer. The community has a $600/year road and gate maintenance fee, and no HOA and low property taxes. Select furniture is included. This property is truly a rare find and is located in the coveted Bonsall school district and a short drive to the 76 Freeway and shopping and restaurants and only 10 miles to Oceanside Harbor. Welcome Home!

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning R-1

Rooms

Other Rooms Guest House, Outbuilding, Storage

Interior

Interior Features Primary Suite, Walk-In Closet(s)

Cooling Central Air, Wall/Window Unit(s)

Fireplaces Type Great Room, Guest Accommodations, Propane

Inclusions Select Furniture to convey

Fireplace Yes

Appliance Dryer

Laundry Laundry Room

Exterior

Garage Spaces 2.0

Carport Spaces 1

Garage Description 2.0

Pool None

Community Features Rural, Gated

Utilities Available Electricity Connected, Propane

View Y/N Yes

View Hills, Neighborhood, Panoramic

Roof Type Asbestos Shingle

Attached Garage Yes

Total Parking Spaces 15

Private Pool No

Building

Lot Description Horse Property, Irregular Lot, Lot Over 40000 Sqft, Landscaped, Ranch, Sprinkler System, Yard

Story 1

Entry Level One

Sewer Septic Tank

Level or Stories One

Additional Building Guest House, Outbuilding, Storage

New Construction No

Construction Status Updated/Remodeled

Schools

School District Fallbrook Union

Others

Senior Community No

Tax ID 1260101600

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, VA Loan

Horse Property Yes

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Eugene Wilson • RE/MAX Connections • genewilson2000@yahoo.com

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Jeff Underdahl

CEO/Team Leader | License ID: 01077484

+1(760) 271-8772