29579 Cara Way, Temecula, California 92591, Temecula, 92591 - 3 bed, 3 bath
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Temecula, California 92591
This Move-In Ready Condominium is a Prime Investment Opportunity listed at $450,000—positioned well below the $464,260 Fair Market Value by 3%. This valuation gap provides $14,260 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the home features a Pool View, fresh interior paint, and modern laminate flooring. Located in the gated Rancho Del Mar community near the 9/10 rated Chaparral High School, this property balances lifestyle amenities with strong financial fundamentals. It is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29579 Cara Way Subject | $450,000* List Price | 3 | 3 | 1,311 | $354 | - |
A 29548 Courtney Place Sold | $455,000 | 3 | 3 | 1,311 | $347 | 0.0 mi |
B 29496 Courtney Place Sold | $463,700 | 3 | 3 | 1,311 | $354 | 0.0 mi |
C 29472 Courtney Place Sold | $472,500 | 3 | 4 | 1,407 | $336 | 0.1 mi |
D 29606 Cara Way Sold | $390,000 | 2 | 3 | 1,155 | $338 | 0.0 mi |
E 29503 Cara Way Sold | $435,000 | 2 | 3 | 1,155 | $377 | 0.1 mi |
F 29592 Cara Way Sold | $419,900 | 2 | 3 | 1,155 | $364 | 0.1 mi |
G 29525 Cara Active | $447,500 List Price | 2 | 3 | 1,155 | $387 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant recent updates including a new roof, new water heater, fresh interior and exterior paint, and modern laminate flooring throughout. While the kitchen and bathrooms appear to retain their original 1990s cabinetry and layout, the overall maintenance of major systems and cosmetic refreshments elevate the condition above fair.
Move -In Ready Condo in Gated Rancho Del Mar Community – Prime Temecula Location! Welcome to this beautifully maintained 3-bedroom, 2.5-bath condo located in the desirable gated community of Rancho Del Mar. Ideally situated just minutes from the Promenade Mall, award-winning schools, parks, dining, and freeway access—this home offers both comfort and convenience. Step inside to find fresh interior paint in the living room, kitchen and stairway with gorgeous laminate flooring throughout the home. The open layout features vaulted ceilings, abundant natural light, and a spacious living room with a cozy fireplace and floor-to-ceiling windows. Enjoy indoor-outdoor living with a front patio—perfect for grilling or entertaining. The kitchen is equipped with ample cabinet space and 2 pantries. The first floor includes a convenient half bath, and up the stairs is the primary suite features an extra large closet and an ensuite bath, with a second full bath, and a laundry closet nearby. The attached 2-car garage offers direct access. The home has a new roof, new water heater, new exterior paint, and plants/ grass surrounding the grounds are being put in. Residents of Rancho Del Mar enjoy beautiful amenities including a pool, spa, fitness center, racquetball court all within a low-tax area and well-maintained community. This move-in ready condo is ideal for first-time homebuyers, downsizers, or investors looking for a low-maintenance property in one of Temecula’s most sought-after neighborhoods. Don’t miss out!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,311 | 1,520 | 18% |
| Lot Size | - | 3,500 | 28% |
| Price | $450.0K | $618.0K | 13% |
| Price per sq ft | $343 | $396 | 13% |
| Built year | 1990 | 2025 | 18% |
| HOA | $550.0 | $267 | 93% |
| Days on market | 65 | 187 | 8% |
Feb 16, 2026
$450,000
Initial Listing
Jun 14, 2007
$305,000
Public Record
May 24, 2000
$132,500
Public Record