5221 Olive Hill Road Open House Save Request In-Person Tour Request Virtual Tour
Fallbrook,CA 92028
OPEN HOUSE
Sat May 17, 12:00pm - 3:00pm Sun May 18, 12:00pm - 3:00pm
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 CRNDP2504685
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1977
Lot Size 4.480 Acres
Acres 4.48
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. Around 2 acres of the exterior space sits on a gentle sloping terrain, making it
Location
State CA
County San Diego
Zoning R-1:
Rooms
Other Rooms Guest House
Interior
Interior Features Storage,Pantry,Energy Star Windows Doors
Heating Central,Propane
Cooling Ceiling Fan(s),Central Air
Flooring Wood
Fireplaces Type Other
Fireplace Yes
Window Features Double Pane Windows
Appliance Dishwasher,Double Oven,Electric Range,Disposal,Microwave,Oven,Refrigerator,Self Cleaning Oven
Laundry Dryer,Laundry Room,Washer
Exterior
Garage Spaces 2.0
Pool None
Utilities Available Other Water/Sewer
View Y/N true
View Canyon,Hills,Mountain(s),Panoramic,Other
Total Parking Spaces 2
Private Pool false
Building
Lot Description Other
Story 1
Water Other
Level or Stories One Story
New Construction No
Schools
School District Fallbrook Union High
Others
Tax ID 1260101600
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2504685