$3,600,000
PENDING

7051 Mount Olympus Dr Fallbrook, CA 92028

Estimated payment $20,680/month

Total Views 979
6 Beds
5 Baths
5,891 Sq Ft
$611 Price per Sq Ft

Highlights

  • Lake Front
  • Family Room with Fireplace
  • Home Office
  • Heated Pool and Spa
  • Bonus Room

About This Home

Welcome to Casa Lago, a rare private lakefront estate spanning 51+ acres across two legal parcels in one of Fallbrook’s most scenic settings. The main parcel encompasses approximately 19 acres and features a 5,891 sq. ft. single-level lodge-style residence with 6 bedrooms and 4.5 bathrooms, designed to capture sweeping mountain and lake views. The approximately two-acre stocked lake—expanded and fully lined with over $200,000 in improvements—serves as a striking centerpiece. Inside, the home offers a grand great room with soaring beamed ceilings and walls of glass, a chef-caliber kitchen, formal dining, and quality finishes throughout. The primary suite includes a fireplace and tranquil views, while en-suite guest rooms provide comfort and privacy. Wrap-around verandas and a resort-style pool and spa create seamless indoor-outdoor living. The grounds include a detached recreation building with a full-size racquetball court, pickleball court, shuffleboard, pool table, and game lounge. Additional features include leased solar, a flower-growing area, private go-kart track with hangar, and space suitable for equestrian use. The second parcel consists of approximately 32 acres with underground utilities and panoramic views, offering potential for a variety of uses, subject to buyer verification. Conveniently located approximately six miles to I-15, providing access to San Diego, Los Angeles and multiple regional airports. Casa Lago presents a rare opportunity to own a private lakefront estate in San Diego County.

Listing Agent

Richard Gutierrez

Keller Williams Realty License #01114175 Listed on: 04/18/2026

Keller Williams Realty

Co-Listing Agent

Michael Barrow

Keller Williams Realty License #01419213

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Lake Front
  • Sprinkler System

Parking

  • 10 Parking Spaces

Property Views

  • Lake
  • Mountain

Home Design

  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 5,891 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Game Room
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Pool Equipment or Cover
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Storage
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Satellite Dish
  • Cable TV Available

Community Details

  • Fallbrook Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

52 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Unit Levels: 1 Story
  • Property Sub Type: Detached
  • Frontage: Lake/River
  • SpaFeatures: Private Below Ground, Private w/Pool
  • Co List Office Mls Id: 67444
  • Co List Office Mls Id: 67444
  • Subdivision Name: FALLBROOK
  • Living Area: 5891.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-05-05T19:37:50Z
  • ADU_YesNo: No
  • AgeRestrictions: N/K
  • FullAddress: 7051 Mount Olympus Drive
  • Ownership: Fee Simple
  • ShortSale: No
  • Telecommunications: Cable (coaxial), Satellite Dish
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 6
  • Appliances: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Pool/Spa/Equipment, Satellite Dish, Washer, Built In Range, Barbecue, Gas Cooking
  • Fireplace Features: FP in Family Room, Patio/Outdoors, Primary Retreat
  • Fireplaces: 3

Exterior Features

  • Fencing: N/K
  • Roof: Concrete, Tile
  • View: Lake/River, Mountains/Hills
  • Pool Features: Below Ground, Heated
  • Common Walls: Detached
  • Construction Type: Stucco
  • Patio And Porch Features: Covered

Garage/Parking

  • Parking Features: None Known
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Forced Air
  • Heating: Zoned Areas, Fireplace, Forced Air Unit
  • Sewer: Septic Installed
  • Laundry Features: Electric, Propane
  • Water Source: Meter on Property, Well on Property, Well/Irrigation Only
  • HeatSource: Propane

Lot Info

  • Other Structures: Storage Building

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

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
2025 $17,769 $1,629,775 $493,245 $1,136,530
2024 $17,769 $1,597,820 $483,574 $1,114,246
2023 $17,369 $1,566,492 $474,093 $1,092,399
2022 $17,192 $1,535,778 $464,798 $1,070,980
2021 $16,770 $1,505,666 $455,685 $1,049,981
2020 $15,891 $1,406,100 $451,013 $955,087
2019 $15,500 $1,378,530 $442,170 $936,360
2018 $15,142 $1,351,500 $433,500 $918,000
2017 $13,019 $1,161,868 $422,497 $739,371
2016 $12,758 $1,139,087 $414,213 $724,874
2015 $12,567 $1,121,978 $407,992 $713,986
2014 $11,413 $1,016,679 $340,112 $676,567
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2026 04/30/26 Pending -- -- --
04/18/2026 04/18/26 For Sale $3,600,000 +161.8% $611 / Sq Ft
01/09/2017 01/09/17 Sold $1,375,000 0.0% $355 / Sq Ft View Prior Sale
12/06/2016 12/06/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $1,375,000 +25.0% $355 / Sq Ft
01/24/2014 01/24/14 Sold $1,100,000 0.0% $284 / Sq Ft View Prior Sale
12/03/2013 12/03/13 Pending -- -- --
11/26/2013 11/26/13 For Sale $1,100,000 -- $284 / Sq Ft
Source: San Diego MLS

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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Guardian Title Company
Grant Deed $1,325,000 Guardian Title Company
Grant Deed $1,100,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $559,000 Commonwealth Land Title
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 Loan Amount Loan Type
Previous Owner $850,000 Seller Take Back
Previous Owner $325,000 Seller Take Back
Source: Public Records

Source: San Diego MLS

MLS Number: 260009302

San Diego MLS

APN: 109-411-22

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