5221 Olive Hill Road, Fallbrook, CA 92028 - MLS#NDP2504685

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,649,000

Est. payment - /mo

7 Beds

4 Baths

3,600 SqFt

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $458

MLS Listing ID NDP2504685

Style Detached

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 1977

Lot Size 4.480 Acres

Acres 4.48

Property Sub-Type Detached

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.
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 Fallbrook (92028)

Zoning R-1:SINGLE

Interior

Interior Features Pantry

Heating Propane

Cooling Central Forced Air

Flooring Wood

Fireplaces Type Great Room, Guest House

Equipment Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Convection Oven, Double Oven, Electric Oven, Electric Range, Self Cleaning Oven, Vented Exhaust Fan

Appliance Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Convection Oven, Double Oven, Electric Oven, Electric Range, Self Cleaning Oven, Vented Exhaust Fan

Laundry Laundry Room

Exterior

Garage Spaces 2.0

View Mountains/Hills, Panoramic, Valley/Canyon, Meadow, Neighborhood

Total Parking Spaces 2

Building

Story 1

Lot Size Range 4+ to 10 AC

Sewer Conventional Septic

Level or Stories 1 Story

Schools

Elementary Schools Fallbrook Union Elementary District

Middle Schools Fallbrook Union Elementary District

High Schools Fallbrook Union High School District

Others

Monthly Total Fees $13

Miscellaneous Foothills

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Standard

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Listed by Sam Miskowicz • Real Broker

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

5221 Olive Hill Road Fallbrook, CA 92028

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Schools

Others

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