31132 Corte Anza, Temecula, California 92592, Temecula, 92592 - 2 bed, 2 bath
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Temecula, California 92592
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $660,000—positioned well below the $663,486 Fair Market Value by 0.52%. This valuation gap offers $3,486 in Instant Equity. Featuring a Fair Condition Rating, the home offers a versatile layout with a flexible den and a large 7,841 sqft lot. Located in the Temecula Unified School District near top-rated schools, it balances lifestyle convenience with long-term potential. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a well-located property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31132 Corte Anza Subject | $660,000* List Price | 2 | 2 | 1,483 | $447 | - |
A 31052 Calle Aragon Sold | $600,000 | 3 | 2 | 1,267 | $474 | 0.1 mi |
B 31423 Paseo De Las Olas Sold | $600,000 | 3 | 2 | 1,235 | $486 | 0.5 mi |
C 42134 Cosmic Drive Sold | $650,000 | 3 | 2 | 1,291 | $503 | 0.8 mi |
D 43026 Camino Casillas Sold | $640,000 | 3 | 2 | 1,300 | $492 | 0.9 mi |
E 31670 Corte Encinas Sold | $619,000 | 4 | 2 | 1,524 | $406 | 0.7 mi |
F 31712 Corte Encinas Sold | $585,000 | 2 | 2 | 1,156 | $506 | 0.8 mi |
G 42230 Cosmic Dr Active | $644,999 List Price | 3 | 2 | 1,138 | $567 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained but remains largely dated. The kitchen features older tile countertops and refinished original cabinetry, while the bathrooms show aging fixtures and vanities. While functional and move-in ready, the home exceeds the 20-year threshold for modern updates and requires cosmetic renovations to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1483.
Situated on a quiet cul-de-sac just over a mile from the I-15 and at the entrance to Wine Country, this home offers an ideal balance of convenience and tranquility.
The open floor plan features vaulted ceilings and a flexible den that can easily be converted into a third bedroom, providing functional space for various buyer needs.
As a two-bedroom listing, the property may face a smaller buyer pool compared to standard three-bedroom homes in the area, despite the den's potential.
Built in 1988, the home may require upcoming capital investments for major systems or modern cosmetic updates to compete with newer inventory.
Sharp Single Story Home in Perfect Location - on Cul-De-Sac and conveniently located just over a mile east of U.S. Hwy 15 and just 1 block south of Rancho California Rd. Near shopping, freeways and at entrance to Wine Country! The House's entry thru a garden path leads to formal living room and dining area that share a 3-sided fireplace. Open floor plan with lots of large windows and doors providing a very open living area. Large master bedroom suite features vaulted ceilings, walk-in closet, double door exit to rear patio. Master bath offers His and Her Vanities and enclosed shower and commode area. Second Bedroom features vaulted ceilings and a private courtyard. Den could be closed off and used as a 3rd bedroom with separate entry. However, it is currently used as a TV room with pass thru to the kitchen, but a convertible sofa makes this the occasional guest room. Covered patio is accessible from den & master bedroom and has views to the north over a private yard. Side yard adds to the open feel even outside. You must walk thru this house to appreciate the open feel and comfortable breeze that flows throughout the house. You must see to appreciate.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,483 | 2,432.5 |
| Lot Size | 7,841 | 7,405 |
| Price | $660.0K | $797.5K |
| Price per sq ft | $445 | $367 |
| Built year | 1988 | 1999 |
| HOA | $25.0 | $120 |
| Days on market | 13 | 50 |
Jul 9, 2026
$660,000
Initial Listing
Jul 26, 2019
$359,500
Public Record
May 20, 2009
$175,000
Public Record
Jul 21, 2006
$388,000
Public Record
Aug 23, 2000
$166,000
Public Record