Sold for $740,450

Listing Provided by:

Angel Lopez DRE #01847165 Angel@TheLopezGroupsd.com,

Swell Property

Bought with: Sunshine Properties RealEstate

$740,450

3341 Olive Hill Rd, Fallbrook, CA 92028

6beds

3,048sqft

Single Family Residence

Built in 1950

2.43 Acres Lot

$747,000 Zestimate^®

$243/sqft

$5,894 Estimated rent

Home value

$747,000

$687,000 - $814,000

$5,894/mo

Zestimate^® history

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$5,894/mo

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$4,742/mo

Est. payment

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$4,742/mo

Est. payment

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What's special

Located on the desirable west side of town with close proximity to the 76 and downtown, this unique 2.43-acre property offers exceptional potential for the right buyer. The existing farmhouse is a true **fixer-upper**, ideal for an **owner-user looking to build sweat equity** while enjoying privacy, views, and usable land. A seasonal stream flows along the lower portion of the lot, adding charm and natural appeal. Old well located by the stream, could be revitalized by new owner. Current owner has never utilized it. Due to the condition, this will likely require a **CASH PURCHASE ONLY**. **or HARD MONEY FINANCING may be possible**, but **NO FHA or VA offers** will be considered.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5
Main level bathrooms: 2
Main level bedrooms: 3

Bedroom

Features: Bedroom on Main Level

Kitchen

Features: Galley Kitchen

Cooling

None

Appliances

Laundry: In Garage

Features

Bedroom on Main Level, Galley Kitchen
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 3,048 sqft

Property

Parking

Total spaces: 12
Parking features: Garage - Attached
Attached garage spaces: 2
Uncovered spaces: 10

Features

Levels: Two
Stories: 2
Entry location: Front
Pool features: None
Has view: Yes
View description: Hills, Mountain(s)

Lot

Size: 2.43 Acres
Features: Gentle Sloping, Horse Property, Rectangular Lot, Rolling Slope, Value In Land

Details

Parcel number: 1210221500
Zoning: R-1:SINGLE FAM-RES
Special conditions: Standard
Horses can be raised: Yes

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Year built: 1950

Utilities & green energy

Sewer: Septic Tank

Community & neighborhood

Community

Community features: Mountainous, Rural

Location

Region: Fallbrook

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
8/5/2025	Sold	$740,450-1.3%$243/sqft
Source: CRMLS #NDP2506210 Report a problem
7/3/2025	Pending sale	$750,000$246/sqft
Source: CRMLS #NDP2506210 Report a problem