Tom Bashe
Localist Realty
(951) 476-1176
177 Total Sales
3 in Fallbrook
$390K - $1.3M Price Range
5221 Olive Hill Rd Fallbrook, CA 92028
Fallbrook Area
7
Beds
4
Baths
3,600
Sq Ft
4.48
Acre Lot
Highlights
- Guest House
- Panoramic View
- 4.48 Acre Lot
- Community Stables
- Gated Community
- Wood Flooring
About This Home
As of October 2025Earn 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.
Last Agent to Sell the Property
Real Brokerage Technologies Brokerage Phone: 858-361-2099 License #02082087 Listed on: 05/15/2025
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Home Details
Home Type
- Single Family
Year Built
- Built in 1977
Lot Details
- 4.48 Acre Lot
- Gentle Sloping Lot
- Property is zoned R-1:SINGLE FAM-RES
Parking
- 2 Car Attached Garage
- Parking Available
- Circular Driveway
- Automatic Gate
Property Views
- Panoramic
- Canyon
- Mountain
- Hills
- Meadow
- Neighborhood
Home Design
- Entry on the 1st floor
Interior Spaces
- 3,600 Sq Ft Home
- 1-Story Property
- Wired For Data
- Crown Molding
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Blinds
- Great Room with Fireplace
- Storage
- Wood Flooring
Kitchen
- Walk-In Pantry
- Butlers Pantry
- Double Self-Cleaning Convection Oven
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
- Pots and Pans Drawers
- Self-Closing Drawers
- Disposal
- Instant Hot Water
Bedrooms and Bathrooms
- 7 Bedrooms
- Walk-In Closet
- 4 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security Lights
- Fire Sprinkler System
Outdoor Features
- Shed
Additional Homes
- Guest House
- Fireplace in Guest House
Utilities
- Central Heating and Cooling System
- Heating System Uses Propane
- Vented Exhaust Fan
- Conventional Septic
Listing and Financial Details
- Assessor Parcel Number 1260101600
- $158 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Foothills
Amenities
- Laundry Facilities
Recreation
- Community Stables
- Bike Trail
Security
- Card or Code Access
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,044,667
Interest Rate
6.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,500
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Aug 19, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.33%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 5, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,750
Interest Rate
6.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 22, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,750
Interest Rate
6.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 21, 2000
Sold by
Bought by
Purchase Details
Closed on
Apr 20, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
8.24%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fallbrook, CA
-
Tom Bashe
-
Jeff Underdahl
Jeff Underdahl
Jeff Underdahl Real Estate
(760) 400-6691
86 Total Sales
2 in Fallbrook
$838K - $900K Price Range
-
Brad Hansen
Brad Hansen
ENRG Realty, Inc
(949) 570-5651
89 Total Sales
1 in Fallbrook
$1,350,000 Price
-
Jenn Edwards
Jenn Edwards
Harcourts One
(619) 257-2618
49 Total Sales
2 in Fallbrook
$1,725,000 Price Range
-
Bryan Devore
Bryan Devore
Berkshire Hathaway HomeService
(442) 264-0879
189 Total Sales
8 in Fallbrook
$702K - $1.3M Price Range
-
Adela Rivera
Adela Rivera
Real Estate eBroker Inc
(858) 251-7906
23 Total Sales
3 in Fallbrook
$332K - $810K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,470,500 | Homelight Title | ||
| -- | Wfg Title Co Of Ca San Diego | ||
| -- | Accommodation | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Chicago Title Co | ||
| -- | Chicago Title Co | ||
| -- | -- | ||
| $425,000 | American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,044,667 | ||
| Previous Owner | $550,000 | ||
| Previous Owner | $551,500 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $600,000 | ||
| Previous Owner | $91,200 | ||
| Previous Owner | $508,750 | ||
| Previous Owner | $297,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2025 10/08/25 | Sold | $1,470,325 | -10.8% | $408 / Sq Ft |
| 07/24/2025 07/24/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | For Sale | $1,649,000 | -- | $458 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $6,859 | $1,068,289 | $595,959 | $472,330 |
| 2025 | $6,774 | $653,194 | $384,235 | $268,959 |
| 2024 | $6,774 | $640,387 | $376,701 | $263,686 |
| 2023 | $6,627 | $627,831 | $369,315 | $258,516 |
| 2022 | $6,514 | $615,522 | $362,074 | $253,448 |
| 2021 | $6,400 | $603,454 | $354,975 | $248,479 |
| 2020 | $6,422 | $597,268 | $351,336 | $245,932 |
| 2019 | $6,230 | $585,558 | $344,448 | $241,110 |
| 2018 | $6,261 | $574,078 | $337,695 | $236,383 |
| 2017 | $571 | $562,823 | $331,074 | $231,749 |
| 2016 | $5,995 | $551,788 | $324,583 | $227,205 |
| 2015 | $5,903 | $543,501 | $319,708 | $223,793 |
| 2014 | $5,786 | $532,856 | $313,446 | $219,410 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Miskowicz
Seller's Agent in 2025
Sam Miskowicz
Real Brokerage Technologies
(858) 361-2099
72 Total Sales
-
Alex Eychis
Buyer's Agent in 2025
Alex Eychis
RE/MAX
(310) 930-8535
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2504685
APN: 126-010-16-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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