CnC Realty
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$1,050,000

405 Olive Hill Way

Fallbrook, CA 92028

Active

5

Beds

4

Baths

3,194

Sq. Ft.

1971

Year Built

San Diego

County

SingleFamilyResidence

Property Type

About this home

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.

Listed by Alan Shafran · DRE #00969660 · SRG
MLS #1194042611
ListedOct 28, 2026

Property Details

Architecture

Stories1
StylePatio Home
Total UnitsN/A
RoofN/A
Garage Spaces0
PoolN/A
SpaAbove Ground

Features & Amenities

Interior FeaturesBreakfast Bar, Separate Formal Dining Room, Bedroom On Main Level, Dressing Area, Main Level Primary, Primary Suite, Walk In Pantry, Walk In Closets
Exterior FeaturesN/A
FlooringN/A
CoolingCentral Air
HeatingPropane
FireplaceLiving Room
LaundryElectric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Parking FeaturesAsphalt, Carport, Driveway, Gated, Rv Hook Ups, Rv Potential
Parking Total11
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsNo Common Walls

Property Features

Lot Size2.39 ac
Lot FeaturesTwo To Five Units Acre, Cul De Sac, Front Yard, Horse Property, Landscaped, Secluded, Yard
ViewHills, Neighborhood, Panoramic
DirectionsHead north on I-15, exit Gopher Canyon Rd. toward Old Castle Rd, turn right onto Gopher Canyon Rd, turn left onto N Old Hwy 395, turn left onto Camino Del Rey, slight right to stay on Camino Del Rey, continue onto Olive Hill Rd, turn right to stay on Olive Hill Rd, sharp left to stay on Olive Hill Rd.

Community

Area92028 - Fallbrook
School DistrictFallbrook Union

Tax & Financial

TermsCash, Conventional, FHA, Va Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$5,589/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: November 4, 2026 at 8:00 PM

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