5221 Olive Hill Road Active

Fallbrook,CA 92028

$ 1970000

7 Beds

4 Baths

3600 SqFt


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 $547

MLS Listing ID NDP2409383

Style Detached

Bedrooms 7

Full Baths 4

Year Built 1977

Lot Size 4.480 Acres

Type of Financing Cash,Conventional,FHA,VA

Property 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
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!

Location

State CA

County San Diego

Area Fallbrook (92028)

Zoning R-1

Interior

Cooling Central Forced Air,Wall/Window

Fireplaces Type Great Room,Guest House,Propane

Equipment Dryer

Laundry Laundry Room

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected,Propane

View Mountains/Hills,Panoramic,Neighborhood

Roof Type Asbestos Shingle

Building

Lot Description Landscaped

Story 1

Sewer Conventional Septic

Schools

Elementary Schools Fallbrook Union Elementary District

Middle Schools Fallbrook Union Elementary District

High Schools Fallbrook Union High School District

Others

Monthly Total Fees $13

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Special Listing Condition Standard

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