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
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MLS #
CRNDP2504685
MLS Source
California Regional MLS
Days on Site
34
Bedrooms
Ground Floor Bedroom, Primary Suite/Retreat
Kitchen
Exhaust Fan, Other, Pantry
Appliances
Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Other, Oven - Double, Oven - Electric, Oven - Self Cleaning, Oven Range - Electric, Refrigerator, Dryer, Washer
Fireplace
Other Location
Laundry
In Laundry Room
Cooling
Ceiling Fan, Central Forced Air
Heating
Central Forced Air, Propane
Pool
None
Garage/Parking
Other, Garage: 2 Car(s)
High School District
Fallbrook Union High
Sewer
Septic Tank
HOA Fee
$0
Zoning
R-1:SINGLE FAM-RES
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Bonsall Elementary School | public | K-5 | 1.51 mi | |
Mission Vista High School | public | 9-12 | 2.98 mi | |
Ivy High (Continuation) School | public | 9-12 | 3.47 mi | |
Bonsall West Elementary School | public | K-6 | 3.56 mi | |
Fallbrook High School | public | 9-12 | 3.70 mi | |
Oasis High (Alternative) School | public | 9-12 | 3.89 mi | |
Bonsall High | public | 9-12 | 3.92 mi | |
Norman L. Sullivan Middle School | public | 6-8 | 3.92 mi | |
Del Rio Elementary School | public | K-5 | 4.01 mi | |
Mary Fay Pendleton Elementary School | public | K-8 | 4.07 mi | |
Alamosa Park Elementary School | public | K-5 | 4.48 mi | |
Roosevelt Middle School | public | 6-8 | 4.67 mi | |
Libby Elementary School | public | K-5 | 4.68 mi | |
Vista High School | public | 9-12 | 4.82 mi | |
California Avenue Elementary School | public | K-8 | 4.96 mi | N/A |
Maryland Elementary School | public | K-5 | 4.96 mi | |
Breeze Hill Elementary School | public | K-5 | 4.96 mi | |
Mission Meadows Elementary School | public | K-5 | 4.96 mi | |
Vista Academy Of Visual And Performing Arts | public | K-5 | 4.96 mi | |
Cesar Chavez Middle School | public | 6-8 | 4.99 mi |
5221 Olive Hill Rd is a Single Family Residence in Fallbrook, CA 92028. This 3,600 square foot property sits on a 4.48 Acres Lot and features 7 bedrooms & 4 full bathrooms. It is currently priced at $1,649,000 and was built in 1977.
This address can also be written as 5221 Olive Hill Rd, Fallbrook, CA 92028.©2025 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of June 09, 2025. For the most current information, please contact Sam Miskowicz, (858) 361-2099