Exceptional 2.39-acre property featuring a 3-bedroom main residence, detached 2-bedroom ADU, barn, arena, and corrals, all set against breathtaking views in a peaceful Fallbrook setting. Tucked away at the end of a quiet cul-de-sac, this special property offers room to spread out, gather with loved ones, and enjoy the beauty of country living. Expansive views in nearly every direction, refreshing summer breezes, and a welcoming sense of privacy make this a truly special place to call home. The main residence features generously sized rooms and an inviting, open feel, with a thoughtful layout that makes everyday living and entertaining a pleasure. The detached two-bedroom ADU offers wonderful flexibility for multigenerational living, extended family, or guests, complete with its own private fenced patio and yard and expansive views of the surrounding landscape. A standalone 400-square-foot bonus room offers an inviting space to gather with friends and family, enjoy game nights, or pursue hobbies. For those drawn to a more rural lifestyle, the barn, arena, and corrals offer a wealth of possibilities. Over the years, the property has welcomed horses, donkeys, goats, pigs, chickens, and peacocks, making it a wonderful setting for a variety of animals and agricultural pursuits. The grounds offer opportunities for an orchard, vineyard, or other uses, while established citrus and avocado trees thrive on the property. The landscape changes beautifully with the seasons, bringing especially lush greenery through the winter and spring. A covered hot tub area just off the primary bedroom creates a peaceful, private retreat, while a six-foot privacy fence enhances the backyard. Additional highlights include a relaxing jetted tub in the spacious bathroom, a generous wraparound driveway, abundant parking, and a barn with a 220V electrical hookup and water connections for an RV. The expansive parking and access areas offer flexibility for additional vehicles, trailers, and deliveries. Beyond the property, the neighborhood captures the small-town charm that makes Fallbrook so special. Friendly neighbors look out for one another and take pride in their homes and surroundings. With sports fields nearby and the high school conveniently close, this location offers a wonderful balance of privacy, space, and community. A rare opportunity to enjoy versatile acreage, beautiful views, and a welcoming neighborhood all in one special property.
Property Details
Price:
$1,050,000
MLS #:
NDP2609882
Status:
Active
Beds:
5
Baths:
3.5
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92028fallbrook
Listed Date:
Oct 28, 2026
Finished Sq Ft:
3,194
Lot Size:
104,108 sqft / 2.39 acres (approx)
Year Built:
1971
See this Listing
Schools
School District:
Fallbrook Union
Interior
Appliances
Disposal, Microwave, Double Oven, Dishwasher, Electric Cooktop
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Propane
Laundry Features
Inside, Laundry Room, Gas & Electric Dryer Hookup
Levels
One
Main Level Bathrooms
4
Main Level Bedrooms
5
Exterior
Common Walls
No Common Walls
Community Features
Horse Trails, Rural, Biking, Hiking, Mountainous
Covered Spaces
3
Exterior Features
Corral
Lot Features
Patio Home, Cul-De-Sac, Landscaped, 2-5 Units/Acre, Front Yard, Horse Property, Secluded, Yard
Open Parking Spaces
8
Open Parking YN
1
Other Structures
Barn(s), Outbuilding
Parking Features
Gated, Carport, RV Hook-Ups, Asphalt, Driveway, RV Potential
Parking Spots
11
Parking Total
11
Spa Features
Above Ground
Stories
1
View
Neighborhood, Hills, Panoramic
Financial
Map
Community
- Address405 Olive Hill Way Fallbrook CA
- CityFallbrook
- CountySan Diego
- Zip Code92028
Subdivisions in Fallbrook
Market Summary
Current real estate data for Single Family in Fallbrook as of Nov 07, 2026
185
Single Family Listed
87
Avg DOM
486
Avg $ / SqFt
$1,227,606
Avg List Price
Property Summary
- 405 Olive Hill Way Fallbrook CA is a Single Family for sale in Fallbrook, CA, 92028. It is listed for $1,050,000 and features 5 beds, 4 baths, and has approximately 3,194 square feet of living space, and was originally constructed in 1971. The current price per square foot is $329. The average price per square foot for Single Family listings in Fallbrook is $486. The average listing price for Single Family in Fallbrook is $1,227,606.
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