405 Olive Hill Way
Fallbrook, CA, 92028 $ 1,050,000
Bedrooms5 Baths3.1 Sq 3,194 Monthly Estimate*
$ 7,252
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 2.38999.
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 bedro
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FeaturesGeneralCooling Central Forced Air
Appliances Dishwasher Disposal Microwave Double Oven
Zoning R-1:Single
HOA Fee 0.0
Garage Spaces 0.0
Pool Features N/K
Year Built 1971
View Mountains/Hills Neighborhood Panoramic
Stories Count 1
Levels 1 Story
Property Subtype Detached
Community Features Horse Trails
County San Diego
New Construction N
Property Type Residential
HOA N
Attached Garage N
Full Baths 3
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
City Fallbrook
Senior Community Y/N N
High School District Fallbrook Union High School Dist
Lot Size Units Acres
Lot Size Square Feet 104108.0
Spa Features Above Ground
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2609882
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Middle/Junior School District Fallbrook Union Elementary Distr
Elementary School District Fallbrook Union Elementary Distr
Year Built Source Assessor
Freehold IDX
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ExteriorParking Features Gated
Total Parking 11.0
Lot Size Area 2.39
Building Area Total 3194.0
Waterfront Y/N N
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InteriorFireplace Features FP in Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 1
Laundry Features Gas & Electric Dryer HU
Total Bedrooms 5
Entry Level 1
Total Baths 4
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* Excluded FeaturesList ByAlan ShafranListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $7,252
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbySingle family listings in Fallbrook, CA
Average List Price $1,091,455
Percent of Sale Price 4%
About Fallbrook, CA 33,184 Population
14% Since 2002
$ 57,009 Median Income
35.56 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
5192088 Elementary School
5192066 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/29/2026 | $1,050,000 | | Listed Price |