See Home Value
$559,000
● House - Off Market

3605 Olive Hill Road

Fallbrook, CA 92028
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,698 Ft²
$819,636
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

If you have been searching for a FLAT usable acre , this is the ONE. Plant your own grove or bring your horses and toys. This custom Spanish hacienda has very tall ceilings and doors throughout making it feel even bigger! In addition, there is a large covered patio with plenty of room for entertaining and enjoying the cool breezes off Olive Hill. Very desirable, one of a kind combination of an all usable lot and updated kitchen, baths and hardwood flooring throughout. There is a well on the property but condition is unknown. Property has an electric gate and fully fenced for privacy. Owners have been consistently improving the property over the years and have added a circular drive with stamped colored concrete, added new air conditioning and heat, planted many family fruits trees and a small grove of dragon fruit, ready to fruit! . There is also a nice vegetable garden and beautiful succulents. You may just want to come enjoy the hacienda just the way it is or add on a guest house or expand. There are so many possibilities with this property, just bring your imagination. This property is surrounded by many estate homes so this is your chance to live in one of the most desirable areas of Fallbrook!
Unit Size
1,698 Ft²
Days on Market
129 days
Land Size
0.93 acres
Price per sqft
$329
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959

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Last updated: 4 months ago (CRMLS #SW19088885)

Price History

Date / Event Date Event Price
Jun 23, 2025 Sold
Sold
May 31, 2025 In contract -
In contract
May 23, 2025 Listed by Real Broker $749,000
Listed by Real Broker
*FHA Assumable Loan 2.73%** - Endless potential awaits on this flat, fully usable acre in the heart of Fallbrook! This gated and fenced property offers a rare opportunity to create your dream estate—whether you're envisioning a custom remodel, room to expand, or space for a pool, spa, ADU, or even a hobby farm with horses, goats, chickens, and more. Brimming with original charm and custom interior details, the home provides a solid foundation for reimagining into your own personal paradise. Surrounded by beautiful estates and nestled near scenic horse trails, this tranquil retreat feels worlds away while still being conveniently close to town. Enjoy the freedom of no HOA and the flexibility to craft the lifestyle you’ve been dreaming of—all in one of Fallbrook’s most desirable areas.
Aug 26, 2019 Sold
Sold
Apr 19, 2019 Listed by Re/Max United $559,000
Listed by Re/Max United
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Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 000

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 1,424
  • Building Area: 1,424
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,424
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: SEC 12-10-4W NEQ (EX RD)DOC69-202820 IN

Neighborhood

  • School District Name: Fallbrook Union Elementary School District
  • School Tax School District: FALLBROOK UNION
  • Census Tract: 018801

Zoning

  • Zoning: A70

Geography

  • Parcel: 121-044-06-00
  • Meridian: SEC 12 TWN 10 RNG 04W
  • Municipality: FALLBROOK UNION
  • Latitude: 33.3265
  • Longitude: -117.246

    Address

  • Full Address: 3605 Olive Hill Rd
  • Address - House Number: 3605
  • Address - Street Name: Olive Hill
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Fallbrook
  • Carrier Code: R008
  • 4-Digit Zip Code: 8297
  • Zip Code: 92028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $624,288
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 75-009

    Appraisal Valuation

  • Standard Deviation: 0.1522
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 887,901
  • High Value: 1,023,080
  • Low Value: 752,723

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $587,606
  • Assessed Land Value: $367,911
  • Assessed Improvements Value: $219,695

    Sales

  • Current Sale Contract Date: Jul 22, 2019
  • Current Sale Recording Date: Aug 26, 2019
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019-0363776
  • Previous Sale Recording Date: Oct 11, 2013
  • Previous Sale Contract Date: Sep 04, 2013
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fallbrook


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Frequently Asked Questions

When was property at 3605 Olive Hill Road built and last sold?
The property at 3605 Olive Hill Road was built in 1959 and last sold on Jul 22, 2019 for $559,000.
How much is this home worth?
The estimated value of the home located at 3605 Olive Hill Road is $757,651.
What are some comparable homes to 3605 Olive Hill Road?
There are currently no comparable homes to 3605 Olive Hill Road.