7051 Mount Olympus Dr Fallbrook, CA 92028
Estimated payment $20,680/month
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.
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
Map
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 |
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 |
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 |
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: San Diego MLS
MLS Number: 260009302
APN: 109-411-22
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Ask me questions while you tour the home.