31060 Corte Anza, Temecula, California 92592, Temecula, 92592 - 4 bed, 2 bath
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Temecula, California 92592
This Value-Add Residential Asset is listed at $599,999, representing a stable entry point aligned with its $597,932 Fair Market Value. In Mostly Original Condition, the home offers a blank canvas for strategic modernization to drive forced appreciation. The property features a 7,840 sq. ft. lot with territorial views, a private patio, and no rear neighbors, ensuring rare privacy in a prime location. Located near Temecula Valley High within the Temecula Unified School District, this is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31060 Corte Anza Subject | $590,000* List Price | 4 | 2 | 1,524 | $387 | - |
A 31670 Corte Encinas Sold | $619,000 | 4 | 2 | 1,524 | $406 | 0.8 mi |
B 42536 Verdadero Place Sold | $710,000 | 4 | 2 | 1,848 | $384 | 0.9 mi |
C 31335 Cala Carrasco Sold | $678,250 | 4 | 2 | 1,617 | $419 | 0.7 mi |
D 29910 Mira Loma Drive Sold | $639,900 | 4 | 2 | 1,490 | $429 | 1.0 mi |
E 31852 Corte Montecito Sold | $703,000 | 4 | 2 | 1,950 | $361 | 1.0 mi |
F 43240 Corte Almonte Pending | $670,000 List Price | 3 | 2 | 1,664 | $403 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, this property is approximately 36 years old and appears to be in mostly original condition. The listing description's use of phrases like 'unlimited potential' and 'bring your vision' indicates that the home requires cosmetic updates and modernization. While functional, the kitchen and bathrooms show signs of being outdated with older cabinetry and appliances, fitting the criteria for a home that has been maintained but not significantly renovated in the last 15-30 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1524.
Situated in the heart of Temecula near top-rated schools, wineries, and dining, with exceptionally close proximity to Temecula Valley High School.
The property features a large backyard with no rear neighbors, providing a secluded outdoor space that is rare for the area.
The property is marketed as having 'unlimited potential,' indicating that it likely requires substantial cosmetic or structural renovations to meet modern standards.
At 1,524 square feet for a four-bedroom home, the individual room sizes may feel constrained compared to newer or larger residential builds in the subdivision.
A Temecula Gem with Unlimited Potential! Nestled in a prime location just off Rancho California Rd, this 4-bedroom, 2-bath home sits in the heart of Temecula — minutes from top-rated schools, wineries, casinos, upscale dining, movie theaters, and easy access to I-15. Step inside to an open floor plan featuring a spacious great room with a cozy fireplace, a functional kitchen with a breakfast nook, a separate dining area, and three main-level bedrooms. The private primary suite is tucked away upstairs, offering a peaceful retreat. The large backyard, with no rear neighbors, provides the perfect canvas to create your ideal outdoor space. Inside, the home is ready for your personal touch — bring your vision and transform this space into your dream home. Affordably priced and full of potential, this is an amazing opportunity for homeowners or investors looking to get into one of Temecula’s most desirable areas. Don’t miss it!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,524 | 2,442 | 15% |
| Lot Size | - | 7,405 | 4% |
| Price | $590.0K | $801.8K | 3% |
| Price per sq ft | $387 | $362 | 59% |
| Built year | 1988 | 1998 | 15% |
| HOA | $22.0 | $54 | 24% |
| Days on market | 113 | 176 | 35% |
Apr 2, 2026
$590,000
$599,999
-2% Price Drop
Initial Listing
Dec 31, 2025
$599,999
Initial Listing
Dec 30, 2025
$619,999
Initial Listing
May 3, 2024
$620,000
Public Record
Dec 8, 2009
$41,000
Public Record