Nestled amidst the rolling hills of Fallbrook lies a hidden gem, a captivating Mid Century Modern home that exudes serenity and luxury. Set on 5 acres of lush land, this stunning property offers unparalleled privacy and panoramic views of the Santa Margarita valley and beyond. As you step through the front door, you are greeted by a meticulously remodeled interior adorned with oak flooring, custom window coverings, and a chef's dream kitchen. The kitchen boasts quartz countertops, stainless steel appliances, porcelain tile floors, and a subway tile backsplash. The family room is a haven of relaxation, featuring vaulted ceilings with wood beams, a slate fireplace, and expansive windows framing breathtaking views. The laundry room has been thoughtfully upgraded with sink, brand new cabinets and ample storage space. Each of the 3 bedrooms in this home is a sanctuary, complete with its own ensuite bathroom for ultimate comfort and convenience. The Primary Suite has its own access to the outdoor living areas. The Primary Bathroom has quartz countertops with dual sinks and a large walk in shower. Step outside and immerse yourself in the tranquility of the sprawling grounds, adorned with over 100+ avocado trees, succulent gardens, and a variety of fruit trees including tangerine, apple, lemon, pear, kumquat, and orange. The possibilities are endless with the 5 acres of land, offering potential for an ADU, guest house, or workshop. Additional upgrades include 18 PAID Solar Panels, New AC, HVAC, Heat Pump, New Ducting, Redone Driveway, Interior and Exterior Paint & Trex Decking. Perfectly secluded from the hustle and bustle of city life, yet just a 10-minute drive to the I-15 commute corridor, this property truly offers the best of both worlds. Don't let this once-in-a-lifetime opportunity slip through your fingers. Experience the magic of Fallbrook living in this unique Mid Century Modern masterpiece.
Single-familyProperty Type
1984Year Built
5 acresLot Size
$513Est. Price/Sq.Ft.
2 car garageParking
Listed by Andrea Holmes•DRE #01943814• ERA Donahoe Realty
Contact: 951-764-2589
Bought with Eloise Steen•DRE #02174629• eXp Realty of California Inc
A mid-century modern style retreat overlooking the Santa Margarita Valley & beyond. Grand vistas everywhere you look. This property sets the stage for all kinds of creative activities or run your business from one of the 3 bedrooms. There are approximately 200 avocados, mature succulent gardens, a plethora of family fruit & stately Old oak trees on 5 lush acres. The setting gives you the feeling of being far out of town but actually this is very near the heart of the Fallbrook Village--Go to supplement & only 10 minutes drive to the I-15 commute corridor. You have the best of both worlds and 5 acres of your very own paradise. Well-designed living space with corner slate fireplace, built in wet bar and expansive vistas. The master retreat has its own access to the outdoor living areas. Both additional bedrooms have their own baths. Large light filled kitchen with loads of cabinet space, woodsy vaulted ceilings, a counter bar & eating area with distant mountain & valley views. Come for a visit~Stay for a lifetime. Neighborhoods: Fallbrook Equipment: Dryer, Garage Door Opener, Washer Other Fees: 0 Sewer: Septic Installed Topography: RSLP, GSL, SSLP
Year
Property tax
Land + Additions
Assessment*
2025
$4,414 (−39.7%)
$242,775 + $173,648
$416,423
2024
$7,314 (+2.3%)
$238,015 + $170,244
$408,259
2023
$7,151
$353,824 + $320,586
$674,410
2022
$7,154 (+3.4%)
$346,887 + $314,300
$661,187
2021
$6,922 (−0.8%)
$340,086 + $308,138
$648,224
2020
$6,980 (+124.1%)
$333,418 + $302,097
$635,515
2019
$3,115 (+1.5%)
$330,000 + $299,000
$629,000
2018
$3,069 (+2.0%)
$167,142 + $111,421
$278,563
2017
$3,010 (+2.5%)
$160,652 + $107,096
$267,748
2016
$2,935 (+1.8%)
$160,652 + $107,096
$267,748
2015
$2,883 (+1.9%)
$157,502 + $104,997
$262,499
2014
$2,830 (+1.0%)
$152,099 + $101,395
$253,494
2013
$2,802 (+1.0%)
$152,099 + $101,395
$253,494
2012
$2,775 (+2.3%)
$151,412 + $100,937
$252,349
2011
$2,712 (+1.8%)
$148,444 + $98,958
$247,402
2010
$2,665 (+1.0%)
$145,534 + $97,018
$242,552
2009
$2,640 (+1.8%)
$144,447 + $96,293
$240,740
2008
$2,594
$144,791 + $96,522
$241,313
Tax history for 1249 Olive Ave
Year
Property tax
Land + Additions
Assessment*
2025
$4,414 (−39.7%)
$242,775 + $173,648
$416,423
2024
$7,314 (+2.3%)
$238,015 + $170,244
$408,259
2023
$7,151
$353,824 + $320,586
$674,410
2022
$7,154 (+3.4%)
$346,887 + $314,300
$661,187
2021
$6,922 (−0.8%)
$340,086 + $308,138
$648,224
2020
$6,980 (+124.1%)
$333,418 + $302,097
$635,515
2019
$3,115 (+1.5%)
$330,000 + $299,000
$629,000
2018
$3,069 (+2.0%)
$167,142 + $111,421
$278,563
2017
$3,010 (+2.5%)
$160,652 + $107,096
$267,748
2016
$2,935 (+1.8%)
$160,652 + $107,096
$267,748
2015
$2,883 (+1.9%)
$157,502 + $104,997
$262,499
2014
$2,830 (+1.0%)
$152,099 + $101,395
$253,494
2013
$2,802 (+1.0%)
$152,099 + $101,395
$253,494
2012
$2,775 (+2.3%)
$151,412 + $100,937
$252,349
2011
$2,712 (+1.8%)
$148,444 + $98,958
$247,402
2010
$2,665 (+1.0%)
$145,534 + $97,018
$242,552
2009
$2,640 (+1.8%)
$144,447 + $96,293
$240,740
2008
$2,594
$144,791 + $96,522
$241,313
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
5 Acres
Year renovated
1972
Sq. Ft.
2,174
Year built
1972
Style
Single Family Residential
County
San Diego County
APN
1033200900
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
A70
Limited Agricultural Zone
The A70 Use Regulations are intended to create and preserve areas intended primarily for agricultural crop production. Additionally, a limited number of small farm animals may be kept and agricultural products raised on the premises may be processed.
Typically, the A70 Use Regulations would be applied to areas throughout the County to protect moderate to high quality agricultural land.
Permitted uses
Include but are not limited to:
Agriculture
Housing
Processing
Fire house
Police station
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Property details
Parking
Parking / Garage Information
Attached Garage
# of Garage Spaces: 2
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Individual Room, Inside
Kitchen Information
Appliances: Built In Range, Electric Oven, Electric Range, Electric Stove, Electric Water Heater
Has Appliances
Breakfast Counter / Bar, Breakfast Nook, Formal Dining Room, In Kitchen
Quartz Counters, Remodeled Kitchen
Bathroom Information
# of Baths (Full): 3
Shower in Tub, Double sinks in bath(s), Double Sinks In Master Bath, Main Floor Full Bath, Quartz Counters, Remodeled
Cooling Information
Central, Electric
Has Cooling
Room Information
All Bedrooms Down, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
Fireplace Information
Family Room
Has Fireplace
Flooring Information
Wood
Heating Information
Central Furnace, Electric
Has Heating
Interior Features
Entry Level: 0
Entry Location: steps
Levels: One
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Exterior
Exterior Information
Structure Type: House
Roof: Asphalt
Exterior Features
Patio And Porch Features: Wrap Around
Has Patio
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 2-5 Units/Acre
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Living Area Source: See Remarks
Parcel Number: 1033200900
Property Condition: Turnkey
Total # of Stories: 1
Has View
Year Built Source: Assessor
Property ADU: No
Utilities
Utilities Information
Sewer: Septic Tank
Water Source: District/Public
Location
Neighborhood Information
Community Features: Rural, Storm Drains
School Information
High School District: Fallbrook Union
Location Information
Latitude: 33.39427800
Longitude: -117.24712400
Directions: Mission Rd to Iowa, R on Porter, R on Olive
Zoning: A70
Public facts
Beds: 3
Baths: 3.0
Sq. Ft.: 2,174
Stories: —
Lot Size: 5 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1972
County: San Diego County
APN: 1033200900
Home facts updated by county records on Aug 20, 2026
Other
Listing Information
IDX Contact Info: 951-764-2589
Days Active in MLS: 14
Continuous Days Active in MLS: 14
Listing Agent Information
List Agent First Name: Andrea
List Agent Last Name: Holmes
Listing Office Information
List Office Name: ERA Donahoe Realty
Selling Agent Information
Buyer Agent First Name: Eloise
Buyer Agent Last Name: Steen
Selling Office Information
Buyer Office Name: eXp Realty of California Inc
Around this home
Schools
Fallbrook Street Elementary School
Public K-6 • Assigned • 1.2mi
5/10
James E. Potter Intermediate School
Public 7-8 • Assigned • 2.4mi
5/10
Fallbrook High School
Public 9-12 • Assigned • 3.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
7/10 Fire Factor
22% chance of being in a wildfire in next 30 years
6/10 Heat Factor
6 days above 94° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Fallbrook, CA • 92028
Average low and high temperatures (°F)
69
49
70
51
73
52
70
51
74
55
78
58
84
62
87
63
83
64
78
57
72
51
70
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 7.2 hours in December, placing it above the
U.S. average for solar exposure.
9.2 hrs
7.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.10M – $1.33M
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