405 Olive Hill Way, Fallbrook, CA, 92028

Save
Ask
Tour
Hide
Share
$1,050,000
2 Days On Site

405 Olive Hill Way
Fallbrook, CA 92028

For Sale|Single Family Residence|Active
5
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
3,194
SqFt
$329
/SqFt
1971
Built
County:
San Diego
Listed by Alan Shafran of SRG listings@shafranrealty.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
405 Olive Hill Way405 Olive Hill Way405 Olive Hill Way405 Olive Hill Way
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,050,000
Days On Site 
2 Days
Bedrooms 
5
Inside Area (SqFt) 
3,194 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
2.39 Acres
Year Built 
1971
MLS Number 
NDP2609882
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
23 hours agoListing updated with changes from the MLS
2 days agoListing first seen on site
General Features
Acres 
2.39
Carport 
3
Land Lease 
No
Levels 
One
Number Of Stories 
1
Parking 
AsphaltCarportDrivewayGated
Parking Spaces 
11
Property Sub Type 
Single Family Residence
Special Circumstances 
Standard
Style 
PatioHome
Zoning 
R-1:Single Fam-Res
Interior Features
Appliances 
Double OvenDishwasherElectric CooktopDisposalMicrowave
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Living Room
Heating 
Propane
Interior 
Breakfast BarWalk-In Closet(s)Master DownstairsPantry
Laundry Features 
Electric Dryer HookupGas Dryer HookupInsideLaundry Room
Main Level Bedrooms 
5
Spa 
Yes
Bathroom 
Dining Room 
EntryFoyer 
Family Room 
Kitchen 
Laundry 
Living Room 
Master Bedroom 
Other 
Features - Walk-In Closet(s)
Pantry 
Save
Ask
Tour
Hide
Share
Exterior Features
Lot Features 
Cul-De-SacFront YardLandscapedSecluded
Other Structures 
Barn(s)OutbuildingCorral(s)
Pool Features 
None
Spa 
Yes
Spa Features 
Above Ground
View 
HillsNeighborhoodPanoramic
Waterview 
HillsNeighborhoodPanoramic
Community Features
MLS Area 
92028 - Fallbrook
School District 
Fallbrook Union
Horse Property 
Riding Trail
Financing Terms Available 
CashConventionalFHAVA Loan
Building Access 
1
Horse Allowed 
Yes
Schools
School District
Fallbrook Union
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share