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Sold for $3,500,000
  • $3,500,000

    7051 Mount Olympus Dr, Fallbrook, CA 92028

    6beds
    5,891sqft
    Single Family Residence
    Built in 2004
    52 Acres Lot
    $3,430,700 Zestimate®
    $594/sqft
    $6,573 Estimated rent

    Home value

    $3,430,700

    $3.26M - $3.60M

    $6,573/mo

    Zestimate® history
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    What's special

    Full-size racquetball courtPickleball courtPanoramic viewsChef-caliber kitchenFlower-growing areaApproximately two-acre stocked lakeQuality finishes throughout
    Welcome to Casa Lago, a rare private lakefront estate spanning 51+ acres across two legal parcels in one of Fallbrook’s most scenic settings. The main parcel encompasses approximately 19 acres and features a 5,891 sq. ft. single-level lodge-style residence with 6 bedrooms and 4.5 bathrooms, designed to capture sweeping mountain and lake views. The approximately two-acre stocked lake—expanded and fully lined with over $200,000 in improvements—serves as a striking centerpiece. Inside, the home offers a grand great room with soaring beamed ceilings and walls of glass, a chef-caliber kitchen, formal dining, and quality finishes throughout. The primary suite includes a fireplace and tranquil views, while en-suite guest rooms provide comfort and privacy. Wrap-around verandas and a resort-style pool and spa create seamless indoor-outdoor living. The grounds include a detached recreation building with a full-size racquetball court, pickleball court, shuffleboard, pool table, and game lounge. Additional features include leased solar, a flower-growing area, private go-kart track with hangar, and space suitable for equestrian use. The second parcel consists of approximately 32 acres with underground utilities and panoramic views, offering potential for a variety of uses, subject to buyer verification. Conveniently located approximately six miles to I-15, providing access to San Diego, Los Angeles and multiple regional airports. Casa Lago presents a rare opportunity to own a private lakefront estate in San Diego County.

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard E Gutierrez DRE #01114175 619-572-3398,

    Keller Williams Realty,

    Michael Barrow DRE #01419213 619-772-1574,

    Keller Williams Realty

    Bought with:

    Beth Van Boxtel, DRE #01946320

    Pacific Sotheby's Int'l Realty

    Source: SDMLS,MLS#: 260009302MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Zoned Areas, Fireplace, Forced Air Unit
    Cooling
    • Central Forced Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Pool/Spa/Equipment, Satellite Dish, Washer, Built In Range, Barbecue, Gas Cooking
    • Laundry: Electric, Propane
    Features
    • Number of fireplaces: 3
    • Fireplace features: FP in Family Room, Patio/Outdoors, Primary Retreat
    • Common walls with other units/homes: Detached
    Interior area
    • Total structure area: 5,891
    • Total interior livable area: 5,891 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: None Known
    Features
    • Levels: 1 Story
    • Patio & porch: Covered
    • Pool features: Below Ground, Heated
    • Spa features: Private Below Ground, Private w/Pool
    • Fencing: N/K
    • Has view: Yes
    • View description: Lake/River, Mountains/Hills
    • Has water view: Yes
    • Water view: Lake/River
    • Frontage type: Lake/River
    Lot
    • Size: 52 Acres
    Details
    • Additional structures: Storage Building
    • Parcel number: 1094112200

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Concrete,Tile
    Condition
    • Year built: 2004

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Meter on Property, Well on Property, Well/Irrigation Only

    Community & neighborhood

    Location
    • Region: Fallbrook
    • Subdivision: FALLBROOK

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/27/2026Sold$3,500,000-2.8%$594/sqft
    Source: SDMLS #260009302 Report a problem
    5/5/2026Pending sale$3,600,000$611/sqft
    Source: SDMLS #260009302 Report a problem
    4/19/2026Listed for sale$3,600,000+171.7%$611/sqft
    Source: SDMLS #260009302 Report a problem
    1/8/2017Sold$1,325,000-3.6%$225/sqft
    Source: Public Record Report a problem
    9/21/2016Price change$1,375,000-11.2%$233/sqft
    Source: Pacific Sotheby's International Realty #160005274 Report a problem
    6/16/2016Price change$1,549,000-8.8%$263/sqft
    Source: Pacific Sotheby's International Realty #160005274 Report a problem
    5/14/2016Price change$1,699,000-1.5%$288/sqft
    Source: Pacific Sotheby's International Realty #160005274 Report a problem
    4/19/2016Price change$1,724,000-1.4%$293/sqft
    Source: Pacific Sotheby's International Realty #160005274 Report a problem
    4/4/2016Price change$1,749,000-1.4%$297/sqft
    Source: Pacific Sotheby's International Realty #160005274 Report a problem
    3/22/2016Price change$1,774,000-1.4%$301/sqft
    Source: Pacific Sotheby's International Realty #160005274 Report a problem
    2/22/2016Price change$1,799,000-1.3%$305/sqft
    Source: Pacific Sotheby's International Realty #160005274 Report a problem
    1/24/2016Listed for sale$1,823,000-1.4%$309/sqft
    Source: Pacific Sotheby's International Realty Report a problem
    11/21/2015Listing removed$1,849,000$314/sqft
    Source: Rocket Realty #150047085 Report a problem
    9/16/2015Price change$1,849,000-16.9%$314/sqft
    Source: Rocket Realty #150047085 Report a problem
    4/25/2015Listed for sale$2,225,000+102.3%$378/sqft
    Source: PFRE Tour Report a problem
    1/24/2014Sold$1,100,000-8.3%$187/sqft
    Source: Public Record Report a problem
    12/5/2013Pending sale$1,200,000$204/sqft
    Source: Community Real Estate #SW13234716 Report a problem
    11/22/2013Listed for sale$1,200,000+114.7%$204/sqft
    Source: Community Real Estate #SW13234716 Report a problem
    2/26/2003Sold$559,000$95/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,855 +0.5%$1,629,775 +2%
    2024$17,769 +2.3%$1,597,820 +2%
    2023$17,369 +1%$1,566,492 +2%
    2022$17,192 +2.5%$1,535,778 +2%
    2021$16,770 +5.5%$1,505,666 +7.1%
    2020$15,891 +7%$1,406,100 +2%
    2019$14,858 -1.9%$1,378,530 +2%
    2018$15,142 +16.3%$1,351,500 +16.3%
    2017$13,019 +2%$1,161,868 +2%
    2016$12,758 +1.5%$1,139,087 +1.5%
    2015$12,567 +10.1%$1,121,978 +10.4%
    2014$11,413 $1,016,679 +60.1%
    2013-- $635,000
    2012-- $635,000 -15.3%
    2011-- $750,000
    2010-- $750,000
    2009-- $750,000 -21%
    2008-- $948,835

    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,430,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,430,700