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Millman Team Real Estate

$399,900
46.64 Acre Lot

0 Mt Olympus Valley Road, Fallbrook, California 92028

  • Land Property Type
Property Description

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.

Basic Details
Land
For Sale
NDP2603318
$399,900
Meadow, Mountain(s), Orchard, Panoramic, Rocks, Creek/Stream, Valley
46.64 Acre
Active
Features
: Vinyl
: Perc Test On File
: Cable Available, Electricity Available
: Stream, Creek
$0
Address Map
CA
San Diego
Fallbrook
92028
Mt Olympus Valley
Road
W118° 53' 1.8''
N33° 24' 49.3''
Corner of Rainbow Heights Rd and Mt Olympus Valley Road
92028 - Fallbrook
A-70 - RL40
Additional Information
$0
$0
$0
$0
$0
: Rural, Hiking, Horse Trails, Mountainous, Valley, Foothills
: Agricultural, Horse Property, Pasture, Rolling Slope, Ranch, Rocks, Percolate
2026-04-07
Horses, Residential, Recreational, Storage
419900
https://www.dropbox.com/scl/fi/1l15j2f1ai8k37o0ztdnz/Mt.-Olympus.mov?rlkey=h9g5el6o94pdsfq7rjzyr54yp&st=9pdb272i&dl=0
Broker/Agent Information
Sunshine Properties RealEstate
Sergio Garcia
Listing Information
Jenaro Ramirez
162343
16078
Sunshine Properties RealEstate
161788
16078
Cash, Conventional
Active
2026-06-15T20:11:06Z
CRMLS
: Standard
2026-04-06T17:00:00Z
Agent info
Ray Millman
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