Listed by Sergio Garcia, Sunshine Properties RealEstate, (760) 672-8326
$399,900
Original price: $399,900
Mount Olympus Valley Rd, Fallbrook, CA 92028
Est. Mortgage $2,593/mo*
Get Pre-QualifiedHome Highlights
Lot/Land
46.64 acre lot
Local Information
-- mins to
About this House
What's unique:Rolling hillsidesSeasonal creeksAncient oaksStriking boulder formationsPrivate trailsRefreshing afternoon breezes
Discover a rare opportunity to own 46.64 acres tucked away in one of Fallbrook’s most scenic and sought-after areas. Perched high above the surrounding landscape, this exceptional property offers breathtaking 360-degree panoramic views of the Rainbow Heights countryside and the mountains beyond, all complemented by refreshing afternoon breezes. Envision your dream estate atop a premier knoll-top homesite with existing infrastructure already in place. The property features a septic layout for a 3-bedroom home, a 1” water meter, and paved access from two sides. Utilities are readily available, including underground electric and phone along Mt. Olympus Valley Road, as well as overhead services along Rainbow Heights Road. Several fire hydrants are also nearby, adding convenience and peace of mind. This expansive parcel offers incredible versatility with three additional septic layouts on file and multiple potential building pads already roughed in—ideal for a multi-structure estate, family compound, or future development potential. Experience nature at its finest. Enjoy private trails, seasonal creeks, and abundant wildlife—including the majestic red-tailed hawk soaring overhead. The land is rich with natural beauty, featuring ancient oaks, striking boulder formations, rolling hillsides, and native vegetation including chaparral, manzanita, and seasonal wildflowers. A seasonal creek borders the eastern edge, while Gomez Creek meanders through the property, enhancing its serene, park-like setting. Located within the prestigious Mt. Olympus enclave, this community is known for its privacy, large estate parcels, and tranquil country lifestyle. Despite its secluded feel, the property is conveniently situated just 10 minutes to I-15, 15 minutes to both Fallbrook village and Temecula. Adding even more value, a 1,400-acre county park borders the property to the east, offering direct access via your own private road. Explore miles of hiking and horseback trails, historic cabins, and old mining sites—your own gateway to a hidden natural playground.
Home Details for Mount Olympus Valley Rd
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Appliances & Utilities Utilities: Cable Available, Electricity Available |
View Has a ViewView: Meadow, Mountain(s), Orchard, Panoramic, Rocks, Creek/Stream, Valley |
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Exterior Home Features Fencing: Vinyl |
Frontage Waterfront: Creek, StreamRoad Frontage: Private RoadNot on Waterfront |
Water & Sewer Sewer: Perc Test On File |
Farm & Range Horse Amenities: Riding TrailAllowed to Raise Horses |
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Cumulative Days on Market: 160Days on Market: 169 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Usage of Home: Horses, Residential, Recreational, StorageParcel Number: 1094111900 |
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Price List Price: $399,900 |
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MLS Status: Active |
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Direction & Address City: Fallbrook |
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Listing Agent Listing ID: NDP2603318 |
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Community Features: Foothills, Hiking, Horse Trails, Mountainous, Rural, ValleyNot Senior Community |
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Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs)HOA Fee: No HOA Fee |
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Lot Area: 46.64 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: NDP2603318Living Area Range Units: Square FeetWater ViewWater View: Creek/StreamAttribution Contact: 760-672-8326Universal Property Id: US-06073-N-1094111900-R-N |
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FoothillsHikingHorse TrailsMountainousRuralValleySource Internet Entire Listing Display |
Around this home
What Locals Say about Fallbrook
At least 232 Trulia users voted on each feature.
83 % Say car is needed
81 % Say it's dog friendly
79 % Say parking is easy
77 % Say there's holiday spirit
73 % Say yards are well-kept
67 % Say it's quiet
63 % Say there's wildlife
59 % Say neighbors are friendly
58 % Say people would walk alone at night
54 % Say they plan to stay for at least 5 years
53 % Say kids play outside
46 % Say there are sidewalks
43 % Say it's walkable to grocery stores
41 % Say it's walkable to restaurants
39 % Say there are community events
33 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
Market trends in Fallbrook
Last updated August 2026
Avg. sale price
$865K
$24.58KMoM
Sale-to-List Price
100.0%
Price per sq ft
$432
$6MoM
Available listings
233
12MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.65 | Lot/Land | $160,000 | 02/24/26 | - | - | ||
1.07 | Lot/Land | $250,000 | 07/28/26 | - | - | ||
1.15 | Lot/Land | $350,000 | 07/21/26 | - | - | ||
1.40 | Lot/Land | $235,000 | 03/17/26 | - | - | ||
1.80 | Lot/Land | $185,000 | 11/17/25 | - | - | ||
1.94 | Lot/Land | $520,000 | 12/30/25 | - | - | ||
1.80 | Lot/Land | $230,000 | 03/06/26 | - | - | ||
2.33 | Lot/Land | $350,000 | 05/29/26 | - | - | ||
2.17 | Lot/Land | $910,000 | 05/06/26 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.40 | $3,500,000 | 6 | 4.5 | 5,891 | Recently Sold | |
0.43 | $1,379,900 | 4 | 5 | 3,200 | Off Market | |
0.48 | - | - | - | - | Off Market | |
0.51 | - | - | - | - | Off Market | |
0.65 | $160,000 | - | - | - | Recently Sold | |
0.67 | $355,000 | - | - | - | For Sale | |
0.72 | $339,990 | - | - | - | For Sale | |
0.78 | $783,800 | 3 | 2 | 1,680 | Off Market | |
0.84 | $340,000 | - | - | - | For Sale | |
0.85 | $1,045,700 | 3 | 3 | 1,964 | Off Market | |
0.87 | $1,100,000 | 4 | 2 | 3,168 | For Sale |
Price and Tax history
| Date | Event | Price |
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Sep 9, 2026 Source: CRMLS #NDP2608447 | PriceChange | $329,900 Price decreased by 18% |
Jun 15, 2026 Source: CRMLS #NDP2603318 | PriceChange | $399,900 Price decreased by 5% |
Apr 7, 2026 Source: CRMLS #NDP2603318 | Listed For Sale | $419,900 |
Jan 14, 2021 Source: CRMLS | ListingRemoved | |
Dec 16, 2020 Source: Agent Provided | PriceChange | $250,000 Price decreased by 6% |
Sep 22, 2020 Source: Agent Provided | Listed For Sale | $265,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sergio Garcia, Sunshine Properties RealEstate
Agent Phone: (760) 672-8326

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-22 13:18:55 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-22 13:18:55 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about Mount Olympus Valley Rd
- How big is Mount Olympus Valley Rd?Mount Olympus Valley Rd in Fallbrook, CA is about 46.6 acres.
- What is the price per acre for Mount Olympus Valley Rd?Mount Olympus Valley Rd in Fallbrook, CA is listed at $399,900, or about $8,574 per acre.
- What do residents say about Fallbrook?Residents describe Fallbrook, CA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Fallbrook, CA.
- What are the closest schools to Mount Olympus Valley Rd?The closest schools to Mount Olympus Valley Rd in Fallbrook, CA are Fallbrook High School (rated 6/10), Vallecitos Elementary School (Middle, rated 6/10).
Mount Olympus Valley Rd, Fallbrook, CA 92028 is a lot/land. This property is currently available for sale and was listed by CRMLS on Apr 7, 2026. The MLS # for this home is MLS# NDP2603318.

