31150 Mariposa Place, Temecula, California 92592, Temecula, 92592 - 5 bed, 5 bath
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Temecula, California 92592
This Luxury Equestrian Estate represents a High-Potential Investment Opportunity, listed at $1,999,900—positioned well below the $2,070,893 Fair Market Value by 3%. This valuation gap offers $70,993 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Next-Gen Suite, Saltwater Pool, and Equestrian Facilities on 2.4 acres. With a 56-panel solar system and recent infrastructure upgrades, this property is an ideal acquisition for Multigenerational Families or Luxury Owner-Occupants seeking a turnkey, high-utility lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31150 Mariposa Place Subject | $1,999,900* List Price | 5 | 5 | 4,533 | $457 | - |
A 43925 El Lucero Sold | $2,111,000 | 4 | 6 | 5,475 | $386 | 0.5 mi |
B 31179 Pescado Active | $2,075,000 List Price | 5 | 4 | 4,600 | $451 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1990, the property underwent extensive renovations within the last 2-5 years, including a new roof (2022), new HVAC, new water heater, and a new septic system (2024). The interior features new luxury vinyl plank flooring and a modernized chef's kitchen and spa-like bathrooms, meeting the criteria for mint condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 104544, living area = 4533.
The estate features a highly desirable Next-Gen/In-Law suite with a private entry and separate living area, providing exceptional flexibility for guests or multigenerational households.
The property is equipped with a paid-off 56-panel solar system, a new roof (2022), new HVAC, and a recently replaced septic system (2024), offering significant value and peace of mind for the buyer.
The vast 2.4-acre lot, equestrian facilities, and extensive landscaping demand significant ongoing labor and financial investment to maintain the property's resort-style condition.
Despite being recently updated, the property's reliance on a private septic system rather than a municipal sewer connection may be a deterrent for some luxury buyers at this price point.
Welcome to Mariposa at Santiago Estates, one of Temecula’s premier luxury estate communities offering sophistication, privacy, and lifestyle with no HOA and low taxes. Situated on a peaceful cul-de-sac, this expansive 4,533 sq. ft. estate sits on 2.4 usable acres with panoramic sunset views and annual fireworks displays. Designed for entertaining and everyday living, the home features 5 bedrooms and 4.5 bathrooms, including a highly desirable Next-Gen/In-Law suite with private entry and separate living area, ideal for multigenerational living or guests. The upgraded chef’s kitchen showcases granite countertops, a large prep island, designer lighting, and premium appliances, flowing seamlessly into the formal living and dining rooms and spacious family room with fireplace and built-in bar. The luxurious primary suite offers a private retreat with sitting area, fireplace, and spa-inspired bath featuring dual sinks, quartz countertops, soaking tub, and walk-in shower. A versatile flex room provides endless possibilities for a home office, gym, or creative space. Step outside to a resort-style backyard oasis featuring a saltwater pool installed just over 5 years ago, solar heating, and new pool equipment and filter system (2026). Entertain under the Alumawood patio cover, enjoy the built-in BBQ outdoor kitchen and dining area, or unwind around the fire pit lounge. The grounds are thoughtfully designed with mature fruit trees including oranges, lemons, limes, figs, avocados, olives, pomegranate, and grapevine, plus raised garden beds for farm-to-table living. A detached pool room/office adds even more flexibility. The lower portion of the property offers true horse property amenities with a horse barn and riding arena, plus potential for ADU conversion. Extensive upgrades include a 56-panel paid-off solar system, 400-amp electrical service, whole-house water filtration system, new HVAC, roof replaced in 2022, new luxury vinyl plank flooring, new water heater, septic tank and leach lines installed in 2024, and new insulation. Additional features include a 3-car garage and extended RV parking driveway. Ideally located minutes from Old Town Temecula, Temecula Valley Wine Country, Pechanga Resort Casino, dining, shopping, and entertainment, this exceptional estate offers the ultimate Southern California lifestyle with luxury, land, upgrades, and location all in one.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 5.0 | 3.0 | 94% |
| Square foot | 4,533 | 2,374 | 97% |
| Lot Size | 104,544 | 7,405 | 90% |
| Price | $2.00M | $800.1K | 97% |
| Price per sq ft | $441 | $361 | 77% |
| Built year | 1990 | 1997 | 22% |
| HOA | $0 | $61 | 19% |
| Days on market | 22 | 124 | 5% |
May 15, 2026
$1,999,900
Initial Listing
May 9, 2019
$987,500
Public Record