$1,050,000For sale
405 Olive Hill Way
Fallbrook, CA 92028 · MLS# NDP2609882
Listing courtesy of SRG- 5Beds
- 4Baths
- 3,194Sq Ft
- 1971Year Built
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.
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Property at a Glance: 405 Olive Hill Way
This single family residence property at 405 Olive Hill Way, Fallbrook, CA 92028 is for sale at $1,050,000. The home has 5 bedrooms, 4 bathrooms and 3,194 square feet of living space. It was built in 1971 and sits on a lot of 2.39 acres. That comes to about $329 per square foot. Reach out to set up a showing or ask for more details about this home.
Snapshot
- Status
- For sale
- Price
- $1,050,000
- Bedrooms
- 5
- Bathrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Property Type
- Single Family Residence
- Year Built
- 1971
- Square Feet
- 3,194
- Lot Size
- 2.39 acres
- Days on Market
- 1
- MLS #
- NDP2609882
- Price per Sq Ft
- $329
- County
- San Diego
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Property Details
Building
Land
Money
Rooms
Structures
Living in Fallbrook, CA
405 Olive Hill Way is in Fallbrook, CA, in San Diego County. Ask Brad & Karen Mattonen about other homes for sale in Fallbrook and what nearby homes have sold for.
Location
405 Olive Hill Way, Fallbrook, CA 92028 Open in Google Maps
Mortgage Calculator
Principal and interest only. Taxes, insurance and HOA dues are extra.
Brad & Karen Mattonen Can Answer Your Questions About This Home
Why Work With Brad & Karen Mattonen?
Buying a home in Fallbrook, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 18585182875 to get started. Whether 405 Olive Hill Way is the one or you would like to see other homes nearby, reach out any time.
Local facts
Facts and context beyond the MLS description
What the numbers say about 405 Olive Hill Way and the Fallbrook area around it.
Current market context
How this home compares in Fallbrook
- $329This home per sq ft
- $431Median per sq ft
- 29Homes for sale like it
- 23Average days on market
At $329 per square foot, 405 Olive Hill Way is priced about 24% below the $431 median for 5 or more bedroom homes for sale in Fallbrook now.
Nearby sold homes
Recent sold homes near this property
Homes that sold within 1.25 miles of 405 Olive Hill Way in the last 6 months, at a median price of $1,079,500.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 3013 Olive Hill | Aug 11, 2026 | 3 bd · 3 ba · 3,529 sqft | $1,635,000 | 0.3 mi |
| 3538 Cazador Lane | Sep 30, 2026 | 3 bd · 3 ba · 2,762 sqft | $1,500,000 | 0.5 mi |
| 2240 Aqua Hill Road | Jul 27, 2026 | 4 bd · 3 ba · 3,034 sqft | $1,049,000 | 0.6 mi |
| 2824 Olive Hill Road | May 29, 2026 | 3 bd · 3 ba · 1,988 sqft | $900,000 | 0.6 mi |
| 3013 3017 S Mission Road | Aug 19, 2026 | 0 bd · 0 ba · 0 sqft | $667,000 | 0.6 mi |
| 1152 Big Oak Ranch Road | Jul 2, 2026 | 3 bd · 3 ba · 2,110 sqft | $955,000 | 0.8 mi |
| 3082 Camino Cielo | Sep 29, 2026 | 4 bd · 3 ba · 2,662 sqft | $1,261,500 | 0.8 mi |
| 1010 Buena Suerte | Jul 20, 2026 | 5 bd · 3 ba · 2,871 sqft | $1,110,000 | 0.9 mi |
Every home is different. Ask for a full price review before you make an offer.
Listing timeline
Price and status history
| Date | Event | Price |
|---|---|---|
| Oct 29, 2026 | Active | $1,050,000 |
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