4735 Olive Hl, Fallbrook, CA 92028

2 parcels of 5.4 acres and 2.42 acres are included in this price. Private gated circular driveway welcomes you to this elegant neo-classical architectural home (Monticello inspired) with grand & spacious rooms & high ceilings. 3 bedrooms en-suite with walk-in closets and patio or courtyard access. 4 fireplaces. 20 feet of floor to ceiling bookcases. 2 courtyards that provide a built-in BBQ, firepit, pergola, fountain and room for al fresco dining. Exquisite English Conservatory of 448 sq. ft. overlooking the parklike grounds with a gazebo, private seasonal pond with dock, and magnificent ancient oaks sculptured by nature providing summer shade and visual drama over the seasonal stream, bridge and tree swing. Detached Guest House with a private garden offers a fireplace, an elegant bath and a small kitchen space. The total 7.82 acres offers plenty of space to have a horse facility, a tennis court, a pool, a 15+++ car collector's garage, a Bed & Breakfast (previously licensed B & B), a vineyard, etc. Seller installed a 66 panel solar system with a battery back-up and just had the well serviced. There is 1,400 lineal feet of leach field. Home needs interior paint (red ceilings and silver walls may not appeal to all), new flooring (damaged) and some new windows, bathrooms updated.