Last Sold Price
7 beds3,600 sqft$408/sqft
5221 Olive Hill Rd, Fallbrook, CA 92028

Description

Earn around $50,000 of annual rental income with not one but two ADU's. Welcome to 5221 Olive Hill Road and some of the best views in Fallbrook. This remarkable multi-use property nestled in the scenic hills of South Fallbrook sits on over 4 sprawling acres and offers an incredible blend of residential comfort, income opportunities and versatile outdoor space, all framed with breathtaking panoramic views. The 3 detached homes that come with this purchase are located in a gated community featuring...Earn around $50,000 of annual rental income with not one but two ADU's. Welcome to 5221 Olive Hill Road and some of the best views in Fallbrook. This remarkable multi-use property nestled in the scenic hills of South Fallbrook sits on over 4 sprawling acres and offers an incredible blend of residential comfort, income opportunities and versatile outdoor space, all framed with breathtaking panoramic views. The 3 detached homes that come with this purchase are located in a gated community featuring only 12 homes. The heart of the property is a beautifully maintained 3 bedroom, 2 bathroom single story home which perfectly captures the tranquility and natural beauty of Fallbrook. Expansive windows and sliding glass doors flood the interior with natural light while offering sweeping views of the surrounding hills and countryside. The views are truly unforgettable. Enhancing the properties appeal are two fully detached ADU's both of which have their own private driveway and fully fenced exterior spaces. The 3 bedroom 1 bath ADU is ideal for extended family, guests or as a rental, whilst the cozy 1 bedroom 1 bathroom provides even further flexibility and could also be used as an additional rental property and comes with a detached studio that can be used as an office, artist loft or for extra storage space. 2 acres of the exterior space sits on a gentle sloping terrain, making it an ideal space for horses, a vineyard, gardening or the ultimate backyard playground. Enjoy country living at its finest with this unique and versatile multi family compound.
LISTING CLOSED: 10/08/2025 12:00 AM

  1. Listed by Sam Miskowicz • DRE #02082087 • Brokerage DRE #02022092 • Real Broker • 858-361-2099

Property Details for 5221 Olive Hill Road

Status
MLS #
NDP2504685
Days on Market
70
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1977
Lot Size
4.48 AC / 195,148 SF
View
Canyon, Hills, Meadow, Mountain(s), Neighborhood, Panoramic
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Air
Building Type
Detached
Lot Size Source
Assessor
Living Area
3600
Assessor Parcel Number
126-010-16-00
Property Attached YN
false
Common Walls
No Common Walls
Stories Total
1
Entry Level
1
Fireplace
Yes
Pool
No
Spa
No
View
Yes
View
Yes
Association
No
Association Fee
$.00
Zoning
R-1:SINGLE FAM-RES
Senior Community
No
Parcel Number
1260101600
Area
92028 - Fallbrook
Elementary School
Fallbrook Union Elementary Distr
Middle School
Fallbrook Union Elementary Distr
High School
Fallbrook Union High School Dist
High School District
Fallbrook Union
Directions
gate is on Olive Hill & Miles Ranch Rd

Location

Listing Courtesy of Real Broker, Sam Miskowicz, DRE #02082087

Sold By Estate Properties, Alex Eychis, DRE #01875191

Add your commute

Building Information for 5221 Olive Hill Road

Stories1Year Built1977Building Size-Lot Size4.48 AC / 195,148 SF

Payment Calculator

$8,045 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,473

Property Taxes

$572

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 5221 Olive Hill Road

Income / Expense / Tax Details
Income Details
  • Financing: Conventional
Tax / Assessment Info
  • Tax Tract Number: 0
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Foothills, Stable(s), Biking
  • Number Of Units In Community: 0
Property / Structure Info
Interior Features
  • Appliances: Convection Oven, Dishwasher, Double Oven, Electric Oven, Electric Range, Electric Cooktop, Disposal, Instant Hot Water, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Convection Oven, Double Oven, Electric Oven, Electric Range, Self Cleaning Oven, Vented Exhaust Fan
  • Interior Features: Ceiling Fan(s), Crown Molding, High Ceilings, Pantry, Storage, Wired for Data
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet, Walk-In Pantry
  • Room Bathroom Features: Double sinks in bath(s), Double Sinks in Primary Bath, Exhaust fan(s), Shower in Tub, Bathtub
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, WalkInCloset
  • Room Kitchen Features: Butler's Pantry, Pots & Pan Drawers, Self-closing drawers
  • Water Heater Features: Instant Hot Water
  • Water Heater Type: Instant Hot Water
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Fireplace Features: Great Room, Guest House
  • Fireplace Rooms: Great Room, Guest House
  • Fireplace: Great Room, Guest House
  • Cooling: Central Air
  • Heating Type: Central, Propane
  • Heat Source: Propane
  • Heating: Central, Propane
  • Heat Equipment: Forced Air Unit
  • Flooring Type: Wood
  • Floor Coverings: Wood
  • Flooring: Wood
Exterior Features
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
  • Security Features: Automatic Gate, Card/Code Access, Fire Sprinkler System, Gated Community, Security Lights
  • Security: Automatic Gate, Card/Code Access, Gated Community, Security Lights
  • Entry Location: door/garage
  • Fence: No
  • Structures: Guest House, Foothills
  • Other Structures: Guest House, Shed(s)
  • Miscellaneous: Foothills
  • View Description: Canyon, Hills, Panoramic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Tennis Court: Guest House
Land/Lot Info
  • Lot Features: Gentle Sloping, Lot Over 40000 Sqft
  • Lease Considered: No
  • Number Of Units: 0
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: No
  • Levels: One
  • Sewer: Conventional Septic
  • Sewer/Septic: Conventional Septic
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Circular Driveway, Driveway
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Features: Circular Driveway, Driveway
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 5221 Olive Hill Road

DateEvent & SourcePriceAppreciation
Oct 8, 2025

Sold

SDMLS #NDP2504685

$1,470,325
Oct 8, 2025

Sold

CLAW #NDP2504685MR

Oct 8, 2025

Sold

CRMLS #NDP2504685

$1,470,325
DateEvent & SourcePrice
10/08/2025

Sold

SDMLS #NDP2504685

$1,470,325
10/08/2025

Sold

CLAW #NDP2504685MR

10/08/2025

Sold

CRMLS #NDP2504685

$1,470,325

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5221 Olive Hill Road

Taxable ValueLand$595,959Additions$472,330Total$1,068,289
Tax Record2025$6,859 ($572 / month)
Home Facts
Baths3Total Finished SqFt2,663 SqFtAbove Grade Finished SqFt2,663 SqFtLot Size195,149 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977Year Renovated1977ZoningRRCountySAN DIEGOAPN126-010-16-00

Schools near 5221 Olive Hill Road

This home is within Bonsall Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Bonsall Elementary School
PublicK to 5

Norman L. Sullivan Middle School
Public6 to 8

Bonsall High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 92028

$1,000,000 | 1221 Palomares Court, Fallbrook, CA 92028
1/72
Open: 8/15 01:00PM - 04:00PMVirtual Tour

$1,000,000

3
Bedrooms
1,863
Square Feet
0.59
Acres
$1,775,000 | 575 Twin Country Lane, Fallbrook, CA 92028
1/47
Open: 8/16 02:00PM - 04:00PMNew

$1,775,000

4
Bedrooms
3,413
Square Feet
0.97
Acres
$1,600,000 | 3538 Cazador Lane, Fallbrook, CA 92028
1/72
Open: 8/16 01:00PM - 04:00PMNew

$1,600,000

3
Bedrooms
2,762
Square Feet
Unavailable
Acres
$1,329,000 | 40482 Gavilan Mountain Road, Fallbrook, CA 92028
1/18

$1,329,000

4
Bedrooms
3,798
Square Feet
6.4
Acres
$724,999 | 711 De Luz Road, Fallbrook, CA 92028
1/44
Open: 8/15 11:00AM - 03:00PM

$724,999

3
Bedrooms
1,520
Square Feet
0.22
Acres
$1,349,000 | 2718 Vía Del Robles, Fallbrook, CA 92028
1/42
Open: 8/15 12:00PM - 03:00PM

$1,349,000

6
Bedrooms
3,692
Square Feet
2.04
Acres
$975,000 | 4515 Baja Mission Road, Fallbrook, CA 92028
1/56
Listed By CompassOpen: 8/15 12:00PM - 03:00PM

$975,000

3
Bedrooms
1,865
Square Feet
1.08
Acres
$679,000 | 1311 East Mission Road, Fallbrook, CA 92028
1/32
Open: 8/15 12:00PM - 04:00PM

$679,000

3
Bedrooms
1,274
Square Feet
0.19
Acres
$1,200,000 | 3514 Laketree Drive, Fallbrook, CA 92028
1/67
Open: 8/15 11:00AM - 01:00PM

$1,200,000

4
Bedrooms
3,843
Square Feet
0.37
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5221 Olive Hill Road, Fallbrook, CA 92028
$1,470,325
7
3,600
195,148
$975,000
4
2,067
73,180
$568,000
3
2
2,198
34,848
$994,500
4
2,831
115,434
$245,000
87,991
$860,000
4
2.5
2,142
157,687

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Sam Miskowicz, DRE #02082087

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.