$3,500,000
SOLD MAY 27, 2026

7051 Mount Olympus Dr Fallbrook, CA 92028

Fallbrook Area
6 Beds
5 Baths
5,891 Sq Ft
52 Acre Lot

Sale Details

Date Sold: May 27, 2026

$594 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • Lake Front
  • Family Room with Fireplace
  • Home Office
  • Heated Pool and Spa
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of May 2026

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.

Last Agent to Sell the Property

Richard Gutierrez

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

Keller Williams Realty

Co-Listed By

Michael Barrow

Keller Williams Realty License #01419213

Last Buyer's Agent

Beth Van Boxtel

Pacific Sotheby's Int'l Realty License #01946320

Pacific Sotheby's Int'l Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
  • In Ground Spa
  • Pool Equipment or Cover

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: 2026-05-27T22:28:39Z
  • 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
  • SDMLS_ParkingNonGaraged: 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

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

Listed on
Apr 18, 2026
Closed on
May 5, 2026
Sold by
Bought by
Seller's Agent
Richard Gutierrez
Keller Williams Realty
Buyer's Agent
Beth Van Boxtel
Pacific Sotheby's Int'l Realty
List Price
$3,600,000
Sold Price
$3,500,000
Premium/Discount to List
-$100,000
-2.78%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.92%
Original Mortgage
$2,800,000
Outstanding Balance
$2,794,724
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$341,030

Purchase Details

Closed on
Dec 19, 2017
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
$532,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 20, 2016
Closed on
Jan 3, 2017
Sold by
Bought by
Seller's Agent
Amelia Smith
Pacific Sotheby's Int'l Realty
Buyer's Agent
Richard Gutierrez
Keller Williams Realty
List Price
$1,375,000
Sold Price
$1,375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Jan 20, 2016
Closed on
Dec 13, 2016
Sold by
Bought by
Seller's Agent
Amelia Smith
Pacific Sotheby's Int'l Realty
Buyer's Agent
Richard Gutierrez
Keller Williams Realty
List Price
$1,375,000
Sold Price
$1,375,000

Purchase Details

Listed on
Nov 26, 2013
Closed on
Dec 11, 2013
Sold by
Bought by
Seller's Agent
Bob Hillery
CR Properties Real Estate
Buyer's Agent
Aditi Padhye
B & W Realty Inc.
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$850,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2002
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
$325,000
Interest Rate
5.93%
Mortgage Type
Seller Take Back
Source: Public Records

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
Grant Deed $3,500,000 Lawyers 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
Open $2,800,000 New Conventional
Previous Owner $532,000 Credit Line Revolving
Previous Owner $825,000 New Conventional
Previous Owner $850,000 Seller Take Back
Previous Owner $325,000 Credit Line Revolving
Previous Owner $395,000 New Conventional
Previous Owner $325,000 Seller Take Back
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 Prior Sale
05/27/2026 05/27/26 Sold $3,500,000 -2.8% $594 / Sq Ft
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

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 $17,855 $1,662,369 $503,109 $1,159,260
2025 $17,855 $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

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 260009302

San Diego MLS

APN: 109-411-22

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