
Temecula, California 92591
This Versatile Single-Story Home is a Prime Investment Opportunity, listed at $650,000—positioned well below the $664,332 Fair Market Value by 2%. This valuation gap offers $14,332 in Instant Equity for incoming buyers. Maintaining a Condition Rating of 4, the residence features Soaring Ceilings, a Granite Kitchen, and a flexible primary suite bonus area. Located in the Temecula Unified district with no HOA and low taxes, this property balances suburban lifestyle with strong financial upside. It is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27570 Nellie Court Subject | $650,000* List Price | 4 | 2 | 1,878 | $354 | - |
A 29785 Via Las Chacras Sold | $655,000 | 4 | 3 | 1,836 | $357 | 0.9 mi |
B 28848 Laurel Ln Sold | $694,000 | 3 | 3 | 1,921 | $361 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is well-maintained but retains most original features including oak-style cabinetry, older tile patterns, and standard fixtures. While it features new paint and carpet, the kitchen and bathrooms are dated by modern standards, and the presence of an unpermitted enclosed patio indicates a need for minor updates or permitting resolution.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 227688128, living area = 1878.
The property offers exceptional value with no HOA fees and low property taxes, making it a highly affordable option within the desirable Temecula market.
Featuring soaring ceilings and a flexible floor plan, the home includes a spacious primary suite with a bonus area that can easily function as a nursery, office, or a fourth bedroom.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =227688128, other record lot size in square feet = 5227.
The home features an unpermitted enclosed patio, which may lead to complications regarding building code compliance, insurance coverage, or future resale value.
There is a discrepancy between the County Assessor's record of four bedrooms and the physical three-bedroom layout, which could impact appraisal valuations and buyer expectations.
Offered on the market for the first time, this desirable single story Temecula home features new interior paint, soaring ceilings for an open, airy feel and a comfortable, versatile floor plan. The newly-carpeted living room and dining area are ideal for formal gatherings. From there, pass under a high archway into a bright and spacious great room—the true heart of the home, to discover a sizable kitchen with granite countertops, glass mosaic backsplash, warm cabinetry with pretty silver pulls that have kept the wood in pristine condition, gas stove, and center island with ample storage plus seating space for casual meals, all open to a family room with a wood-burning fireplace and gas starter. What a terrific gathering place! There is an unpermitted enclosed patio just off the family room for additional flexible usage, perhaps a home office, game room, guest space, or a peaceful retreat? The expansive primary suite has a sliding glass door for private access to the covered backyard patio and a generous bonus area—perfect for a nursery, library, private home gym, or potential conversion to a fourth bedroom (the County Assessor record states the property has four bedrooms, but there are three, with this bonus space offering potential for a fourth). The primary bathroom features a soaking tub, stand-alone shower, dual sink vanity, a privacy room for the commode, and a walk-in closet for abundant storage. The two secondary bedrooms boast high ceilings and are situated across the hall from a guest bathroom with a dual sink vanity and a shower-over-tub. Additional highlights include an indoor laundry room with space to add extra storage, two hallway closets, and ceiling fans throughout to boost the central AC for added comfort during the warmer months. The outdoor space is ready for your finishing touches and is low maintenance, featuring newly upgraded irrigation in the front, back, and side yards, and mature fruit trees, including a prolific fig. Situated on a quiet cul-de-sac for privacy, yet conveniently located minutes from excellent shopping and entertainment options such as the Promenade Mall, Costco, Trader Joe's and Organic Roots, dining, schools, and freeway access. With no HOA and low property taxes, this versatile, practical AND affordable home represents a unique opportunity to come home to Temecula.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,878 | 2,177 | 33% |
| Lot Size | 227,688,128 | 7,047 | 99% |
| Price | $650.0K | $770.0K | 20% |
| Price per sq ft | $346 | $363 | 42% |
| Built year | 2001 | 1999 | 56% |
| HOA | $0 | $120 | 27% |
| Days on market | 13 | 180 | 1% |
Apr 9, 2026
$650,000
Initial Listing
Apr 18, 2001
$202,000
Public Record