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 Detached
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 4.480 Acres
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. Around 2 acres of the exterior space sits on a gentle sloping terrain, making it
Location
State CA
County San Diego
Interior
Heating Propane,Central
Cooling Ceiling Fan(s),Central Air
Flooring Wood
Fireplaces Type Other
Laundry Dryer,Laundry Room,Washer
Exterior
Garage Spaces 2.0
Pool None
Amenities Available Gated
View Canyon,Hills,Mountain(s),Panoramic,Other
Building
Lot Description Other
Story 1
Schools
School District Fallbrook Union High