About This Home

This 5-bedroom, 4-bathroom single family at 405 Olive Hill Way in Fallbrook, CA is listed for $1,050,000 ($329 per sqft). Built in 1971, the home offers 3,194 sqft of living space on a 2.39 acres lot.

Key Features

  • Built in 1971
  • 2.39 acre lot
  • 11 parking spaces
  • Fireplace

Property Details

1 story
3 full, 1 half
11 spaces
1971

Amenities

FireplaceViewSpaA/CRV Parking
Listing Description

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 hob

bies.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.

Monthly Cost Estimate

$5,616/mo

20% down · 6.5% · 30 years

Principal$759
Interest$4,550
Insurance$306

Estimates only. Actual payments may vary.

Location

405 Olive Hill Way

Fallbrook, CA 92028

Features & Amenities

Exterior Features

Corral

Property Details

Views

Hills

Parking

DrivewayGatedRVCarport

Heating

Propane (Heating)

Cooling

Central Air

Appliances

DisposalMicrowaveDouble OvenDishwasherElectric Cooktop

Questions & Answers

This 5-bedroom, 4-bathroom single family at 405 Olive Hill Way is listed at $1,050,000 ($329/sqft). The estimated monthly payment is $5,615 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1971, 2.39 acre lot, 11 parking spaces, Fireplace. Exterior Features: Corral.

This property is listed by Alan Shafran.

AS

Alan Shafran

License 00969660

Agent at Shafran Realty Group

Listed by Shafran Realty Group · Broker phone: (760) 929-9212 · Broker website

MLS# NDP2609882· Source: California Regional Multiple Listing Service, Inc· 1 day on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

405 Olive Hill Way, Fallbrook, CA 92028

Open this listing in: