2824 Olive Hill Road, Fallbrook, California 92028, Fallbrook, 92028 - 3 bed, 3 bath
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Fallbrook, California 92028
This Turnkey Country Retreat is listed at $949,000, representing a stable acquisition at its $947,725 Fair Market Value. Boasting an Excellent Condition Rating, the residence features a fully Remodeled Kitchen, new laminate flooring, and a flexible layout with dual en-suite suites. The expansive 2-Acre Lot offers a private Fruit Orchard, a relaxing spa, and significant ADU potential. Located in the scenic Fallbrook Union district, this property blends modern luxury with rural serenity. It is an ideal lifestyle choice for Owner-Occupants or Multi-generational Families seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2824 Olive Hill Road Subject | $949,000* List Price | 3 | 3 | 1,988 | $482 | - |
A 2625 27 Havencrest Drive Sold | $1,060,000 | 4 | 3 | 1,853 | $572 | 0.8 mi |
B 2433 Summerhill Lane Sold | $750,000 | 5 | 3 | 1,808 | $415 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1972, the property has undergone an extensive recent renovation within the last 5 years. The interior features a fully remodeled kitchen with new stainless steel appliances, completely updated bathrooms, new laminate flooring throughout, fresh interior and exterior paint, and new light fixtures. The home presents as virtually new with modern finishes and no visible deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 80150, living area = 1988.
The property is move-in ready following a comprehensive remodel that includes a new kitchen with modern appliances, updated bathrooms, new laminate flooring, and fresh interior and exterior paint.
Sitting on nearly 2 acres of usable land with mature fruit trees, the property offers exceptional privacy and significant potential for agricultural use, outdoor entertaining, or the addition of an ADU.
While the home has undergone significant cosmetic and functional updates, the 1972 original construction date may mean some underlying structural or systemic components are nearing the end of their typical lifespan.
At under 2,000 square feet, the interior living space may feel small to buyers specifically seeking a larger estate-sized home to match the expansive 2-acre grounds.
Enjoy peaceful privacy, beautiful natural surroundings, and room to grow in this inviting retreat that sits on nearly 2 acres in beautiful Fallbrook. Set back from the road and surrounded by mature trees, this newly remodeled home offers the perfect blend of privacy, charm, and modern upgrades. This 3 bedroom, 3bath home features a fully remodeled kitchen and new appliances, remodeled bathrooms, new laminate flooring, fresh interior and exterior paint, new light fixtures and a new extra-large water heater, creating a bright and move-in ready space. A spacious bonus room is currently being used as a game room and includes a wet bar and cozy fireplace, making it an ideal gathering space for entertaining family and friends. Spa and pool table are included for added enjoyment. The flexible floor plan includes two bedrooms with their own en-suite bathrooms, offering the option for dual primary suites or a comfortable setup for multigenerational living or a private mother-in-law suite. An oversized garage with a built-in workbench provides excellent space for projects, storage, hobbies or workshop use. The nearly 2-acre property offers usable land and endless possibilities, with fruit trees including tangerines, grapefruit, lime, lemon, and pomegranate. Whether you envision gardens, space for animals, outdoor entertaining areas, or exploring ADU potential (buyer to verify), this property offers the flexibility to create your ideal country lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,988 | 2,414 | 33% |
| Lot Size | - | 30,492 | 13% |
| Price | $949.0K | $932.5K | 52% |
| Price per sq ft | $477 | $417 | 79% |
| Built year | 1972 | 1991 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 181 | 10% |
Mar 6, 2026
$949,000
Initial Listing