5221 Olive Hill Road

Fallbrook, CA 92028
$1,970,000
3600 sqft | 7 beds | 4 baths | 4.48 acres | #NDP2409383
Courtesy of RE/MAX Connections

Description

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!
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  • Interior Details
    • Interior Features
      • Interior:PrimarySuite, WalkInClosets
    • Beds & Baths
      • Bedrooms:7
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • View:Hills, Neighborhood, Panoramic
      • Stories:1
      • Lot description:HorseProperty, IrregularLot, LotOver40000Sqft, Landscaped, Ranch, SprinklerSystem, Yard
    • Measurements
      • Acres:4.48
      • Square Feet:3600
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1977
  • Utilities / Energy Details
    • Utility
      • Sewer information:SepticTank
      • Utility features:ElectricityConnected, Propane
  • Community and Neighborhood Details
    • Location
      • School district:Fallbrook Union
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 970, 000
  • Other
    • Source
      • MLS #:NDP2409383

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Interest Rate

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6.0%

Tax Rate

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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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