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Mt. Olympus Valley Road

Adirt

Fallbrook, CA 92028

$329,900

Lot Size

10.00 acres

Asking $/Acre

$32,990

Days on Market

Property Type

Land

HOA/mo

N/A

MLS ID

NDP2608447

This property is in Fallbrook (92028). View the Fallbrook land market →

Virtual Tour

About This Property

15% down land loan available. Nestled in the heart of Mt Olympus Estates, this stunning 10-acre parcel offers a rare opportunity to build your dream home or ranch in a peaceful, panoramic valley. Surrounded by majestic mountains and scenic rock outcroppings, the property enjoys sweeping views of Gomez Creek and a tranquil, natural setting. The land features flat to gently sloping terrain with a slight rise, perfect for a future homesite. Enjoy the convenience of a 24-ft wide paved road, underground power and water at the property, 3-bedroom septic layout is already on file. With dual access points, this lot is ideal for horses, outdoor living, and all your toys. Mt Olympus Estates offers a blend of seclusion and accessibility—just minutes from I-15, yet a world away in peaceful ambiance. This is a rare blank canvas to create the lifestyle you’ve always envisioned.

Location

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What a Buyer Will Check

Caution: fire, no frontage

About 9.7 acres of vacant residential land on Mt Olympus Valley Rd, county land with a Fallbrook address, zoned A70, limited agriculture, 4-acre minimum lot. The ground slopes gently: lidar puts the median slope at 9%, with 3% of it over 25%, and the soil survey calls it coarse sandy loam, well drained. It sits in a Very High fire zone; the flood zone is unknown. No public road frontage was found. Water comes from Rainbow Municipal Water District. Sewer is unknown.

Slopemedian 9%, 3% over 25%USGS 1 m lidar
Soilcoarse sandy loam, well drainedNRCS soil survey · Sep 11, 2026
Floodzone D, flood risk not studiedFEMA flood map · May 16, 2012
FireVery HighCAL FIRE hazard zones
Road frontageno public road frontage foundSanGIS rights of way · Nov 3, 2026
ZoningA70, limited agriculture, 4-acre minimum lotCounty of San Diego zoning · Apr 7, 2026
Homes allowedabout 1 (1 per 40 acres)County of San Diego zoning · Apr 7, 2026
WaterRainbow Municipal Water DistrictSANDAG water districts
SewerUnknown: no answer in the public recordCounty sewer and septic screening
Coastal ZoneoutsideSANDAG coastal zone
Farm contractno farm contractCounty farm contracts
Elevation1,576 ft, 1,542 to 1,603 ft across the lotUSGS 1 m lidar

From FEMA, USGS lidar, the USDA soil survey, CAL FIRE, SANDAG and county and city zoning, checked Nov 7, 2026. Public records, not a survey: confirm with the city or county before you buy.

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Zoned Schools

Elementary
Vallecitos Elementary · grades K-8 · Vallecitos Elementary
Middle
Vallecitos Elementary · grades K-8 · Vallecitos Elementary
High
Fallbrook High · grades 9-12 · Fallbrook Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Dirt Analysis

Adirt

12% below comp value

Asking $329,900 vs ~$376,905 implied by sold-land comps

Lot size: 10.00 acres
Asking $/acre: $32,990
Zip median $/acre (sold): $29,486
Comp-implied value: $376,905

Benchmarked against 2,889 sold-land comps (5-yr, recency-weighted) via zip price-size model · high confidence. Land value is site-specific — zoning, utilities, access, and buildability are not modeled. Not an appraisal.