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Land with Home for Sale in Fallbrook, California

405 Olive Hill Way, Fallbrook, CA 92028

$1,050,000
2.39 acres
Active sale
ago
Est $6,365/mo

Exceptional 2.39-acre property featuring a 3-bedroom main residence, detached 2-bedroom ADU, barn, arena, and corrals, all set against breathtaking views in a peaceful Fallbrook setting. Tucked away at the end of a quiet cul-de-sac, this special property offers room to spread out, gather with loved ones, and enjoy the beauty of country living. Expansive views in nearly every direction, refreshing summer breezes, and a welcoming sense of privacy make this a truly special place to call home.The main residence features generously sized rooms and an inviting, open feel, with a thoughtful layout that makes everyday living and entertaining a pleasure. The detached two-bedroom ADU offers wonderful flexibility for multigenerational living, extended family, or guests, complete with its own private fenced patio and yard and expansive views of the surrounding landscape. A standalone 400-square-foot bonus room offers an inviting space to gather with friends and family, enjoy game nights, or pursue hobbies.For those drawn to a more rural lifestyle, the barn, arena, and corrals offer a wealth of possibilities. Over the years, the property has welcomed horses, donkeys, goats, pigs, chickens, and peacocks, making it a wonderful setting for a variety of animals and agricultural pursuits. The grounds offer opportunities for an orchard, vineyard, or other uses, while established citrus and avocado trees thrive on the property. The landscape changes beautifully with the seasons, bringing especially lush greenery through the winter and spring.A covered hot tub area just off the primary bedroom creates a peaceful, private retreat, while a six-foot privacy fence enhances the backyard. Additional highlights include a relaxing jetted tub in the spacious bathroom, a generous wraparound driveway, abundant parking, and a barn with a 220V electrical hookup and water connections for an RV. The expansive parking and access areas offer flexibility for additional vehicles, trailers, and deliveries.Beyond the property, the neighborhood captures the small-town charm that makes Fallbrook so special. Friendly neighbors look out for one another and take pride in their homes and surroundings. With sports fields nearby and the high school conveniently close, this location offers a wonderful balance of privacy, space, and community. A rare opportunity to enjoy versatile acreage, beautiful views, and a welcoming neighborhood all in one special property.

3,194
Sq feet
5
Beds
3
Full baths
1
1/2 bath
1971
Built

Location

Street address
405 Olive Hill Way
Zip code
92028
Community
Fallbrook
School district
Fallbrook Union
Elevation
579 feet
Coordinates
33.3333, -117.2476

Directions

Head north on I-15, exit Gopher Canyon Rd. toward Old Castle Rd, turn right onto Gopher Canyon Rd, turn left onto N Old Hwy 395, turn left onto Camino Del Rey, slight right to stay on Camino Del Rey, continue onto Olive Hill Rd, turn right to stay on Olive Hill Rd, sharp left to stay on Olive Hill Rd.

Property details

Acreage
2.39 acres
Zoning
R-1:Single Fam-Res
MLS #
MRMLS NDP2609882
Posted

Parcels

  • 1210222300

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Hills
Features
2-5 Units/Acre, Cul-De-Sac, Front Yard, Horse Property, Landscaped, Patio Home, Secluded, Yard

Exterior

Parking Spaces
11
Parking
Carport, Driveway, Gated, RV
Hot Tub
Yes
Structures
Outbuilding
Features
Corral

Structure

Stories
1
Heating
Propane
Cooling
Central Air

Interior

Rooms
Bathroom x 4, Bedroom x 5, Family Room, Laundry Room
Appliances
Dishwasher, Disposal, Double Oven, Electric Cooktop, Microwave

Property utilities

CategoryTypeStatus
GasPropaneConnected

Listing history

DateEventPriceChangeSource
Oct 29, 2026New listing$1,050,000—MRMLS
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This 2.39-acre property is located at 405 Olive Hill Way in Fallbrook, CA 92028. The property is available for sale, priced at $1,050,000. It has a 3,194 square foot 5-bedroom, 3.5-bath house built in 1971.

Listed by SRG, (760) 929-9212

Checked 2 hours agoUpdated

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