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Enjoy ocean breezes from this 360 degree view estate home with 4 bedroom 3.5 baths with a 3 car garage and a and detached 2 bedroom two bath guesthouse and with it's own separate 2 car garage on 2.23 acres in a gated community off of beautiful Olive Hill Rd. in the Morro Hills area of Fallbrook. The seller, who is the original owner and the first buyer in this subdivision, was able to pick the best lot in the neighborhood and added plenty of extras through the years. The home boasts master suite with walk in closet and fireplace on the first floor, office, formal living and dinning, family room, gourmet kitchen and dining area. Upstairs are 3 bedrooms, two baths and a bonus room. The main house has an extra large 3 car garage with textured sealed floor and additional storage room that was built in rear of the garage. The guesthouse is excellent for extended family/friend stays or rental income that will significantly help pay your mortgage. The property is beautifully landscaped with two entertainment patios and covered porches that overlook views of Oceanside, Bonsall and Fallbrook. There is an existing orange grove on the property and plenty of room for more trees/gardening or recreation use.
Listing agent: Kelly Jameson DRE #01481995 kjameson90@yahoo.com, Listing office: Village Properties Fallbrook
MLS data updated 10/23/2026, 9:51:32 AM PT
Source: CRMLS, MLS #: NDP2202653
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 3, 2022
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This home · nearest recorded event
$1,875,000Closed sale · May 3, 2022ZIP 92028 · May 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.