405 Olive Hill Way Fallbrook, CA $ 1,050,000
405 Olive Hill Way
$ 1,050,000
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405 Olive Hill Way

Fallbrook, CA, 92028
$ 1,050,000
Bedrooms5 Baths3.1 Sq 3,194

Monthly Estimate*

$ 7,252

Listed by Alan Shafran, SRG, listings@shafranrealty.com
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Single Family Home for sale in Fallbrook, CA

for $1,050,000 with 5 bedrooms and 3 full baths, 1 half bath. This 3,194 square foot home was built in 1971 on a lot size of 2.39.

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.

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Single Family Active

Price

$ 1,050,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

2.39

Year Built

1971

Town/City

Fallbrook

County/Region

San Diego

MLS | Web ID

NDP2609882

Days on Market

2

Features
General
Living Area 3194
Heating Propane
Cooling Central Air
Appliances Double Oven Dishwasher Electric Cooktop Disposal Microwave
Zoning R-1:Single Fam-Res
HOA Fee 0
Garage Spaces 0
Architectural Style Patio Home
Pool Features None
Year Built 1971
View Hills Neighborhood Panoramic
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Biking Hiking Horse Trails Mountainous Rural
County San Diego
Property Type Residential
HOA false
Attached Garage false
Garage Y/N false
Other Structures Barn(s) Outbuilding Corral(s)
Full Baths 3
Special Listing Conditions Standard
Status Active
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.
City Fallbrook
Entry Location 1
Senior Community Y/N false
High School District Fallbrook Union
Open Parking Spaces 8
MLS Area 92028 - Fallbrook
Lot Size Units Acres
Lot Size Square Feet 104108.4
Carport Spaces 3
Carport Y/N true
Listing Terms Cash Conventional FHA VA Loan
Spa Features Above Ground
Property Attached Y/N false
Land Lease Y/N false
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2609882
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Breakfast Bar Separate/Formal Dining Room Bedroom on Main Level Dressing Area Main Level Primary Primary Suite Walk-In Pantry Walk-In Closet(s)
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 1
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Inside Laundry Room
Total Bedrooms 5
Entry Level 1
Main Level Bedrooms 5
Main Level Bathrooms 4
Total Baths 4
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Exterior
Parking Features Asphalt Carport Driveway Gated RV Hook-Ups RV Potential
Lot Features 2-5 Units/Acre Cul-De-Sac Front Yard Horse Property Landscaped Secluded Yard
Total Parking 11
Lot Size Area 2.39
Spa true
Lot Size Acres 2.39
Private Pool false
Lot Size Source Assessor
Horse Y/N true
Horse Amenities Riding Trail
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* Excluded Features
List By
Alan Shafran

Listing Agent

Srg

Broker

listings@shafranrealty.com

Email

Affordability Calculator

$7,252
Per Month
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Monthly Principal & Interest
$7,252
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$1,050,000 Listed Price

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405 Olive Hill Way, Fallbrook, CA, 92028 is a Single Family Home for sale at $1,050,000 with 3,194 sqft and a lot size of 2.39. 405 Olive Hill Way has 5 bedrooms, 3.1 baths, and was built in 1971. The property's zip code is 92028 which is in Fallbrook, CA