23505 Carancho Road, Temecula, California 92590, Temecula, 92590 - 4 bed, 5 bath
23505 Carancho Road
Temecula, California 92590
Property Price
SUMMARY
Analysis of 23505 Carancho Road, Temecula, California 92590 reveals a Fairly Priced Property with a current list price of $2,285,000 aligned with the estimated $2,285,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Temecula Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The main house, built in 1999, and the guest house, built in 2006, are both exceptionally well-maintained. The description highlights 'newer appliances' (including a Sub-Zero refrigerator and double ovens), 'new water filtration system,' and 'newer AC units,' indicating significant and recent updates to major systems. While the kitchen and bathroom styles (e.g., light wood cabinetry, specific granite patterns, and some light fixtures) reflect the early 2000s aesthetic rather than a brand-new, ultra-modern renovation, they are in pristine condition with no visible wear and tear. The wood flooring throughout is immaculate. The property is move-in ready with no immediate renovations required, aligning perfectly with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 421225, living area = 5393.
- Great Schools
Elementary School: Cole Canyon Elementary School (9/10).
- Expansive Acreage & Agricultural Potential
The property spans almost 10 acres, featuring a certified organic avocado and citrus grove, a family orchard, and nearly 5 acres suitable for a vineyard, offering significant lifestyle and potential income opportunities.
CONSRISKS & DEFICIENCIES
- Extensive Property Management
The nearly 10-acre property with organic groves, two homes, a pool, and a spa requires substantial ongoing maintenance, time, and financial investment for upkeep and management.
- Leased Solar System
The solar system for both homes is leased, meaning the buyer will inherit ongoing lease payments rather than owning the system outright, which can affect long-term energy cost savings and property value perception.
- Rural Location & Commute
While offering privacy and views in the desirable De Luz community, the property's rural setting may result in longer commute times to some public schools (up to ~10 miles) and certain urban amenities compared to more central Temecula locations.
About 23505 Carancho Road
PRICE REDUCTION. This property is located on almost 10 acres in the desirable De Luz community with a 3963 sq.ft. main house plus a 1400 sq.ft. detached guest house. Both homes have amazing views and breathtaking sunsets including views of the local Cross Creek golf course. Other features include a swimming pool and spa, an organic avocado and citrus grove, family orchard, a huge RV garage and a great location with an easy drive to town. The custom built main home has 12ft. high ceilings in the entry with 10ft. ceilings throughout. Features throughout the main house includes wood flooring, custom quality crown molding,built in cabinets and was specifically designed to enjoy the views from almost every room providing lots of natural light throughout. The well designed kitchen includes a large island, granite countertops, newer appliances including double ovens and a sub zero refrigerator plus lots of cabinetry and storage and a walk in pantry. The comfortable family room features a custom built fireplace encased by built in cabinets on either side. The huge private master suite overlooks and opens to the landscaped fenced backyard and pool and spa area. There is a lovely separate formal living room and dining room plus an office with built in cabinets and book shelves. The 4th bedroom with an en suite bathroom is upstairs. Other features include a new water filtration system, newer AC units plus central vac system. The guest house was built in 2006. It features a living room, totally self contained kitchen, two bedrooms plus a full bathroom. It also has an outdoor enclosed living area with surrounding glass windows where you can enjoy amazing views and breathtaking sunsets.It has its own laundry facilities located downstairs in the 40x30 ft. RV garage that also has a workshop area and attic storage. The certified organic grove includes many newer trees including avocados, Kara Kara oranges, pink lemons, and pixi tangerines with almost 5 acres of land to plant a vineyard or add to the grove. Also enjoy a family orchard and vegetable garden including table grapes, lemons, berries, apples, peaches, plums, nectarines, pears, red and sweet onions and tomatoes. The property is completely fenced with a custom gate. A leased solar system for both homes. The main home has a 3 car garage plus there is lots of parking space. This property offers a great lifestyle and location close to the city of Temecula Old town and Wine Country to also enjoy.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 421,225.188 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $90.0 / Month
Neighborhood Insights
Temecula Unified Schools
Murrieta Elementary School
Grades K-5 • 4.7 mi
Cole Canyon Elementary School
Grades K-5 • 5.6 mi
Vail Elementary School
Grades K-5 • 6.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 4.0 | 70% |
| Square foot | 5,393 | 4,405 | 80% |
| Lot Size | 421,225.188 | 252,648 | 65% |
| Price | $2.29M | $1.42M | 75% |
| Price per sq ft | $424 | $409 | 55% |
| Built year | 1999 | 1995 | 55% |
| HOA | $90.0 | $38 | 80% |
| Days on market | 598 | 268 | 0% |
Pricing History
Listed for Sale
Sep 16, 2025
$2,285,000
Initial Listing
Price Change
Jul 17, 2024
$2,485,000
Initial Listing