7051 Mount Olympus Drive, Fallbrook, CA 92028

About this single-family home

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.

Listing description from the May 2026 sale, as reported to CRMLS.

Sale history

$3,500,000

Sold May 2026 · listed $3,600,000, on market April 2026 · MLS #260009302SD · Source: CRMLS

Listing Agent: Richard Gutierrez · Listing Office: Keller Williams Realty · Contact: 858-720-1900 · Bought with: Beth Van Boxtel · Pacific Sotheby's Int'l Realty

$1,375,000

Sold January 2017 · on market January 2016 · MLS #160005274 · Source: CRMLS

Listing Agent: Amelia Smith · Listing Office: Pacific Sotheby's Int'l Realty · Contact: 858-259-8300 · Bought with: Richard Gutierrez · Keller Williams SD Metro

$1,100,000

Sold January 2014 · listed $1,200,000, on market November 2013 · MLS #130062044 · Source: CRMLS

Listing Agent: Bob Hillery · Listing Office: CR Properties Real Estate · Contact: 760-645-0792 · Bought with: Benjamin Williams · Rocket Realty

$1,100,000

Sold January 2014 · listed $1,200,000, on market November 2013 · MLS #SW13234716 · Source: CRMLS

Listing Agent: Bill Arant · Listing Office: Community Real Estate · Contact: 951-719-3777 · Bought with: Out of Area East Valley · Rocket Realty

Explore Fallbrook