$1,970,000
For Sale

5221 Olive Hill Road

Fallbrook, CA 92028
3600 sqft | 7 beds | 4 baths | 4.48 acres | #NDP2409383
Listing OfficeRE/MAX Connections
Browse 54 photos
Type:Purchase
Structure:House
Zone:Residential

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!

  • Interior Details
      • InteriorPrimarySuite, WalkInClosets
    • Beds & Baths
      • Bedrooms7
      • Bathrooms4
      • Full Baths4
  • Property Details
      • Lot DescriptionHorseProperty, IrregularLot, LotOver40000Sqft, Landscaped, Ranch, SprinklerSystem, Yard
      • ViewHills, Neighborhood, Panoramic
      • Stories1
    • Measurements
      • Acres4.48
      • Square Feet3600
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1977
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, Propane
      • Sewer InformationSepticTank
  • Community and Neighborhood Details
      • School DistrictFallbrook Union
      • CountySan Diego
  • Financial Details
      • Original List Price$1,970,000
  • Other
      • MLS #NDP2409383

Location

Ann TrussellReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00