5221 Olive Hill RD new

Fallbrook,CA 92028

$ 1649000

7 Beds

4 Baths

3600 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Home

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

Year Built 1977

Lot Size 4 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

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

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning R-1:SINGLE FAM-RES

Rooms

Kitchen Dishwasher,Garbage Disposal,Hood Over Range,Microwave,Other,Oven - Double,Oven - Self Cleaning,Pantry,Exhaust Fan,Oven Range - Electric,Refrigerator,Oven - Electric

Interior

Heating Propane,Central Forced Air

Cooling Central AC

Fireplaces Type Other Location

Laundry In Laundry Room,Washer,Dryer

Exterior

Parking Features Other

Garage Spaces 2.0

Pool None

View Hills,Local/Neighborhood,Panoramic,Canyon,Garden / Greenbelt

Building

Lot Description Grade - Gently Sloped

Story One Story

Sewer Septic Tank / Pump

Water Hot Water

Others

Tax ID 1260101600

Special Listing Condition Not Applicable

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