31150 Mariposa, Temecula, California 92592, Temecula, 92592 - 5 bed, 5 bath
31150 Mariposa
Temecula, California 92592
Property Price
SUMMARY
Analysis of 31150 Mariposa, Temecula, California 92592 reveals a Fairly Priced Property with a current list price of $2,250,000 aligned with the estimated $2,250,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Temecula Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31150 Mariposa Subject | $2,250,000* List Price | 5 | 5 | 4,533 | $496 | - |
A 43925 El Lucero Active | $2,245,000 List Price | 4 | 6 | 5,475 | $410 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1990, the property has undergone extensive renovations within the last 5 years that meet the highest quality standards. Key updates include a new roof (2022), a new septic system (2024), new HVAC, and new LVP flooring throughout. The interior features a fully modernized chef's kitchen with new cabinetry and premium appliances, along with a spa-like primary bathroom featuring quartz countertops. Additional high-value components like the 56-panel paid-off solar system and 400-amp electrical service ensure the home is virtually new in terms of function and aesthetic.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Comprehensive Infrastructure Upgrades
The property features significant recent capital improvements, including a 56-panel paid-off solar system, a new roof (2022), new HVAC, and a new septic system (2024), offering long-term cost savings and reduced immediate maintenance.
- Premier Equestrian & Outdoor Amenities
Situated on 2.4 usable acres, the estate is fully equipped for luxury outdoor living with a resort-style saltwater pool, a professional horse barn, a riding arena, and a mature private orchard, all with no HOA restrictions.
CONSRISKS & DEFICIENCIES
- Market Resistance & Pricing Volatility
The property has undergone multiple significant price reductions from its original $2.65M listing, suggesting initial overvaluation or difficulty in securing a buyer at the current luxury price point.
- High Maintenance Demands
The sheer scale of the 4,533 sq. ft. home combined with 2.4 acres of land, equestrian facilities, and a pool requires substantial ongoing labor and financial investment for upkeep.
About 31150 Mariposa
Welcome to Mariposa at Santiago Estates — Temecula's premier luxury estate offering the perfect blend of sophistication, space, and lifestyle with no HOA and low taxes. This stunning 4,533 sq. ft. entertainer's dream home sits on 2.4 usable acres in a peaceful cul-de-sac with panoramic sunset views, annual fireworks sight lines, and true horse property amenities — including a barn and riding arena. Whether you're hosting a crowd or enjoying a quiet evening, this estate was built for the best of both worlds. Inside: 5 bedrooms | 4.5 baths | Next-Gen/In-Law suite with private entry and living area — perfect for extended family or guests | Chef's kitchen with new cabinetry, prep island, designer lighting, and premium appliances | Formal living and dining rooms | Spacious family room with fireplace and built-in bar | Primary retreat with sitting area, fireplace, and spa bath featuring dual sinks, quartz countertops, soaking tub, and walk-in shower | Bonus flex room ideal for a gym, studio, or office. Outside: Resort-style saltwater pool & spa (installed just over 5 years ago) | Alumawood patio cover | Built-in BBQ with outdoor kitchen and dining area | Fire pit lounge | Mature fruit trees — oranges, lemons, limes, figs, avocados, olives, pomegranate, and grapevine | Raised garden beds for farm-to-table living | Detached pool room/office | Horse barn and riding arena on the lower property — ideal for equestrian use or potentially converted to an ADU space. Major Upgrades — the big items are already done: 56-panel paid-off solar system | 400-amp electrical service | Whole house water filtration system | New HVAC | Roof replaced 2022 | New LVP flooring | New water heater | Septic tank & leech lines (installed 2024) | Solar-heated pool | New insulation | 3-car garage | Extended RV parking driveway. Minutes to Old Town Temecula, Wine Country, Pechanga Resort, top dining and shopping. Come experience it for yourself — this one checks every box.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 104,544 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Temecula Unified Schools
Vail Elementary School
Grades K-5 • 1.3 mi
Margarita Middle School
Grades 6-8 • 1.8 mi
Temecula Valley High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 5.0 | 3.0 | 92% |
| Square foot | 4,533 | 2,563.5 | 96% |
| Lot Size | 104,544 | 7,405 | 87% |
| Price | $2.25M | $808.5K | 98% |
| Price per sq ft | $496 | $356 | 87% |
| Built year | 1990 | 1999 | 20% |
| HOA | $0 | $55 | 23% |
| Days on market | 123 | 186 | 20% |
Pricing History
Listed for Sale
Mar 5, 2026
$2,250,000
$2,424,900
-7% Price Drop
Initial Listing
Price Change
Feb 24, 2026
$2,424,900
$2,449,900
-1% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$2,449,900
$2,499,900
-2% Price Drop
Initial Listing
Price Change
Dec 10, 2025
$2,499,900
$2,650,000
-6% Price Drop
Initial Listing
Price Change
Nov 4, 2025
$2,650,000
Initial Listing
Sold
May 9, 2019
$987,500
Public Record