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5221 Olive Hill Rd, Fallbrook, CA, 92028

$1,970,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Full Baths
3,600 SqFt
$547/SqFt
House

Location

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5221 Olive Hill Rd, Fallbrook$1,970,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1977
CoolingCentral Air, Wall/Window Unit(s)
FireplaceGreat Room, Guest Accommodations, Propane
ViewHills, Neighborhood, Panoramic
MLS #NDP2409383
Lot Size4.48 Acres
StatusActive

About 5221 Olive Hill Rd

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!

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 1
  • Living Area: 3,600 SqFt

Listing Office:

  • Office Name: RE/MAX Connections
  • Office Email: genewilson2000@yahoo.com
  • Listing Agent: Eugene Wilson

Interior Features

Interior Information:

  • Appliances: Dryer
  • Interior: Primary Suite, Walk-In Closet(s)
  • Fireplace: Great Room, Guest Accommodations, Propane

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills, Neighborhood, Panoramic

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Irregular Lot, Landscaped, Sprinklers
  • Lot Size: 4.48 Acres

Utilities

Utilities Information:

  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Please use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,970,000
  • Price Per SqFt: $547/SqFt

Tax Information:

  • Annual Amount: $6,349
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Fallbrook, CA.

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Fallbrook, CA

City

Med. Sold Price

$867K

Med. Price/SqFt

$421

Avg. Days On Market

30

# of Sold Homes

39

5221 Olive Hill Rd vs Fallbrook

31 DAYS ON ROCKET

+1 Day

$1,970,000

+$1.1M More

$547/SqFt

+$125 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $125/SqFt more than other homes in Fallbrook, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NDP2409383

Listing Office:

  • Office Name: RE/MAX Connections
  • Office Email: genewilson2000@yahoo.com
  • Listing Agent: Eugene Wilson

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 2000Home Sold
$425,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,349$603,454
2020$6,422$597,268
2019$6,260$585,558
2018$6,261$574,078
2017$6,139$562,823

History based on county public records data.

Payment Calculator

$9,900

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,973

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-844209
5
/10

  • Bonsall Elementary School

  • 31555 Old River Rd

  • 1.57 miles

  • Public District Grades KG-5

school-card-donut-844210
7
/10

  • Mission Meadows Elementary School

  • 5657 Spur Ave

  • 3.50 miles

  • Public District Grades PK-5

school-card-donut-844211
8
/10

  • Bonsall West Elementary School

  • 5050 El Mirlo Dr

  • 3.56 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $124,008. The majority of Fallbrook, CA residents have income between $100k-200k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5221 Olive Hill Rd

What is the listing price of this property?

The listing price of 5221 Olive Hill Rd property is $1,970,000.

What type of property is this?

The property 5221 Olive Hill Rd is a house located in Fallbrook, California, 92028.

Is this property for sale now?

Active Listing: 5221 Olive Hill Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,349 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 28, 2000 for $425,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5221 Olive Hill Rd has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 5221 Olive Hill Rd is 3,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5221 Olive Hill Rd is 1977.

Rocket Homes›California›San Diego County›Fallbrook›92028›5221 Olive Hill Rd

This home is located at 5221 Olive Hill Rd in Fallbrook, CA and zip code 92028. This 3,600 square foot home, which was built in 1977, sits on a 4.48 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $1,970,000.

Over 20 listings were sold over their listed price in October 2024 in Fallbrook, CA. In the same period over 12 listings were sold below the listed price and 7 listings were sold for the listed price. The number of homes for sale in Fallbrook, CA increased by 5.4% between September 2024 and October 2024. In October 2024 median list price was $867,000 and the average listing age was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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