Very rare once-in-a-lifetime opportunity to own three detached houses on a large 4.5 acre lot in the prestigious Miles Ranch community of Morro Hills, Fallbrook. This amazing property offers a main house with 3 bedrooms and 2 bathrooms spanning 2300 square feet of living space. Additionally, there are two guest houses/ADUs perfect for multi-generational living or as investment properties. The first guest house features 3 bedrooms and 1 bathroom with 900 square feet, while the second guest house offers 1 bedroom and 1 bathroom with 400 square feet. Situated in a small, gated community with only 12 residences, this property boasts mostly fully fenced and cross-fenced 4.5 acres, ideal for a variety of uses. Each house has its own fenced yard, perfect for pets, and there is a 2-acre gentle slope area suitable for horses. The main house includes a circular driveway, and a spacious 700 square foot great room with breathtaking views and numerous upgrades such as a newer roof, double-pane windows, wood floors, window blinds, and updated electrical features and large storage shed. The 3/1 Guest House has a private driveway and is all electric and has newer windows, wood flooring, stackable washer & dryer, and updated electrical features and storage shed. The 1/1 guest house also has
MLS #
CRNDP2409383
MLS Source
California Regional MLS
Days on Site
56
Bedrooms
Primary Suite/Retreat
Appliances
Dryer
Fireplace
Other, Other Location
Laundry
In Laundry Room
Cooling
Central Forced Air, Window/Wall Unit
Roof
Shingle
Pool
None
Horse Property
Yes
Garage/Parking
Garage: 2 Car(s)
High School District
Fallbrook Union High
Sewer
Septic Tank
HOA Fee
$0
Zoning
R-1
5221 Olive Hill Road is a Single Family Residence in Fallbrook, CA 92028. This 3,600 square foot property sits on a 4.48 Acres Lot and features 7 bedrooms & 4 full bathrooms. It is currently priced at $1,970,000 and was built in 1977.
This address can also be written as 5221 Olive Hill Road, Fallbrook, CA 92028.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 11, 2024. For the most current information, please contact Eugene Wilson, (323) 229-1768