5221 Olive Hill Road

Fallbrook, CA 92028

$1,970,000

List Price

7

bed Beds

4

shower Baths

3,600 sqft

straighten / sqft

1977

calendar_month Built

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 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!

Listing Information

List Price $1,970,000
Status Active
MLS NDP2409383
HOA $0
Type Residential
Subtype Single Family Residence
Year Built 1977
Lot Size 195,149
Structure Size 3,600
Courtesy Of RE/MAX Connections
Listing Agent Eugene Wilson DRE#01082982

Interior Features

Laundry Information
Location(s) Laundry Room
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 4
Fireplace Information
Features Great Room, Guest Accommodations, Propane
Additional Information
Additional Features Primary Suite, Walk-In Closet(s)
Cooling Type
Cooling Type Central Air, Wall/Window Unit(s)

Exterior Information

Other Structures
Structures Guest House,Outbuilding,Storage
View Yes

Maps

Listing information courtesy of: Eugene Wilson, RE/MAX Connections 323-229-1768. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 3rd, 2024 at 4:36 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.