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$100,000 PRICE REDUCTION - PLUS up to $20,000 buyer credit towards 2/1 rate buy down/buyer incentives. Nestled in the serene setting of Fallbrook, CA, this single-family home at 5299 Olive Hill Rd offers exceptional living on 2.56 acres. Boasting 2831 square feet, it features 3 bedrooms with an optional 4th on the first floor, and 2.5 bathrooms. The property includes built-ins, curved stairs, and high ceilings, with open, eastern-facing panoramic mountain views. Inside, discover a renovated kitchen and bath with a blend of hardwood, tile, vinyl floors with the exception of carpeted stairs. The kitchen features a breakfast bar, granite counters, stainless steel appliances, and a wine cooler. The home also has chandeliers, recessed lighting, and 2 working fireplaces. Enjoy a walk-in closet and bathrooms with double sinks, granite finishes, and a separate shower and tub in the primary ensuite. Outside, private spaces include a balcony, patio, wrap-around terrace, and a well-maintained yard with a deck, fence, and inviting front and backyards. This home has a robust, paid-off solar system with 2 Tesla home batteries and monitoring software. The property also features a greenhouse with plumbing and full electrical, complete with its own sub panel. Amenities include a relatively new air conditioning unit, central heating, an attached garage, an electric gate, and a storage shed. This home is ready to welcome you.
Listing agent: Scott Robeson DRE #02019463 scott@robesonhomes.com, Listing office: Compass
MLS data updated 10/19/2026, 8:54:26 PM PT
Source: CRMLS, MLS #: 240013546SD
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 23, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$994,500Closed sale · Aug 23, 2024ZIP 92028 · Aug 2024
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.