405 Olive Hill Way, Fallbrook, CA

405 Olive Hill Way

MLS# NDP26098821 day on marketUpdated October 29, 2026 8:19 pm

Residential

Listing courtesy of SRG · Listing agent Alan Shafran

$ 329 / sqft

$ 1,050,000

Overview

UpdatedOctober 29, 2026 8:19 pm
MLS #NDP2609882
Bedrooms5
Bathrooms3.5
Size3,194 ft²
Year Built1971

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 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.

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Features & Amenities

Interior

  • AppliancesDouble Oven,Dishwasher,Electric Cooktop,Disposal,Microwave
  • Bathrooms Full3
  • Bathrooms Half1
  • Bathrooms Total Integer4
  • Bedrooms Total5
  • CoolingCentral Air
  • CoolingYes
  • Entry Level1
  • Entry Location1
  • Fireplace FeaturesLiving Room
  • FireplaceYes
  • HeatingPropane
  • HeatingYes
  • Interior FeaturesBreakfast Bar,Separate/Formal Dining Room,Bedroom on Main Level,Dressing Area,Main Level Primary,Primary Suite,Walk-In Pantry,Walk-In Closet(s)
  • Laundry FeaturesElectric Dryer Hookup,Gas Dryer Hookup,Inside,Laundry Room
  • LevelsOne
  • Living Area3,194
  • Living Area SourceAppraiser
  • Living Area UnitsSquare Feet
  • Main Level Bathrooms4
  • Main Level Bedrooms5
  • Spa FeaturesAbove Ground
  • SpaYes

Exterior

  • Carport Spaces3
  • CarportYes
  • Garage Spaces0
  • Horse AmenitiesRiding Trail
  • HorseYes
  • Lot Features2-5 Units/Acre,Cul-De-Sac,Front Yard,Horse Property,Landscaped,Secluded,Yard
  • Lot Size Acres2
  • Lot Size Area2
  • Lot Size SourceAssessor
  • Lot Size Square Feet104,108
  • Lot Size UnitsAcres
  • Open Parking Spaces8
  • Other StructuresBarn(s),Outbuilding,Corral(s)
  • Parking FeaturesAsphalt,Carport,Driveway,Gated,RV Hook-Ups,RV Potential
  • Parking Total11
  • ViewHills,Neighborhood,Panoramic
  • ViewYes

Financial

  • Association Fee0
  • Parcel Number1210222300
  • ZoningR-1:Single Fam-Res

Schools

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Listing information provided by CRMLS (California Regional Multiple Listing Service). MLS# NDP2609882.

Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 CRMLS.

Advertised by Good Estates & Ranches, Elizabeth Good, Broker/Owner, CA DRE #01833600.

ASListing agent: Alan Shafran

Your request goes to Beth Good, Broker, Good Estates & Ranches, not the listing agent.

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