5221 Olive Hill Road, Fallbrook, CA 92028 (MLS # NDP2409383)

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PRICE $1,970,000 dsIDX morgage calculator
BEDS 7
BATHS 4
HOME SIZE 3,600 sqft
LOT SIZE 4.48 ac

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!

DAYS ON MARKET 22 LAST UPDATED 11/3/2024
YEAR BUILT 1977 COMMUNITY Fallbrook
GARAGE SPACES 2.0 COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Single Family

SCHOOLS
School District Fallbrook Union


ADDITIONAL DETAILS
AIR Central Air, Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer
AREA Fallbrook
FIREPLACE Yes
GARAGE Yes
HOA DUES 0
INTERIOR Primary Suite, Walk-In Closet(s)
LOT 4.48 acre(s)
LOT DESCRIPTION Horse Property, Irregular Lot, Landscaped, Lot Over 40000 Sqft, Ranch, Sprinkler System, Yard
POOL DESCRIPTION None
SEWER Septic Tank
STORIES 1
UTILITIES Electricity Connected,Propane
VIEW Yes
VIEW DESCRIPTION Hills,Neighborhood,Panoramic
ZONING R-1
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with RE/MAX Connections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 9:30 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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