A dye-sensitized solar cell and a fabrication method thereof are disclosed. A method for fabricating a dye-sensitized solar cell, includes forming a sacrifice layer comprising colloidal particles on a transparent conductive substrate, supplying a photoelectrode material comprising transition metal oxide nano particles onto the sacrifice layer, thereby filling the transition metal oxide nano particles between the colloidal particles, removing the sacrifice layer by thermal treatment to prepare a photoelectrode having an inverse opal structure, and adsorbing dye molecules onto the photoelectrode.