CA > Fallbrook
Fallbrook, CA 92028,5221 Olive Hill RD
Fallbrook, CA 92028,5221 Olive Hill RD
Fallbrook, CA 92028,5221 Olive Hill RD
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$1,649,000
Est. payment /mo
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7 Beds
4 Baths
3,600 SqFt
New

5221 Olive Hill RD Fallbrook, CA 92028

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Rip Fritzer

Rip Fritzer

+1(619) 277-0767

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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 $458

MLS Listing ID NDP2504685

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1977

Lot Size 4.480 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning R-1:SINGLE FAM-RES

Rooms

Other Rooms Guest House, Shed(s)

Interior

Interior 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)

Heating Central, Propane

Cooling Central Air

Flooring Wood

Fireplaces Type Great Room, Guest Accommodations

Fireplace Yes

Appliance 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

Exterior

Parking Features Circular Driveway, Driveway

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Foothills, Stable(s), Gated

View Y/N Yes

View Canyon, Hills, Meadow, Mountain(s), Neighborhood, Panoramic

Attached Garage Yes

Total Parking Spaces 2

Private Pool No

Building

Lot Description Gentle Sloping, Lot Over 40000 Sqft

Story 1

Entry Level One

Sewer Septic Tank

Level or Stories One

Additional Building Guest House, Shed(s)

Schools

School District Fallbrook Union

Others

Senior Community No

Tax ID 1260101600

Security Features Fire Sprinkler System,Security Gate,Gated Community,Key Card Entry,Security Lights

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.dropbox.com/scl/fi/s9on1efcj7vp22zr2rc3b/5221_Olive_Hill_Brand_Realty_Export3.m4v?rlkey=t1ak3z3oshr35bpe33oehzpqk&e=1&st=mrvcfnzx&dl=0

California Regional MLS (CRMLS)
Listed by Sam Miskowicz • Real Broker • 858-361-2099

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agent

Rip Fritzer

Agent | License ID: 00719216

+1(619) 277-0767

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