31369 David, Temecula, California 92592, Temecula, 92592 - 3 bed, 2 bath
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Temecula, California 92592
This Value-Add Condominium is listed at $459,000, representing a market-aligned entry near its $440,902 Fair Market Value. Holding a Condition Rating of 4, the property offers a clear path to forced appreciation through cosmetic updates to its original 2005 finishes. Residents enjoy Resort-Style Amenities including a pool, spa, and fitness center, plus a private balcony. Most significantly, it is zoned for the elite 10/10 Great Oak High School and 9/10 Red Hawk Elementary. This is an ideal acquisition for Owner-Occupants or Value-Add Investors seeking a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31369 David Subject | $449,900* List Price | 3 | 2 | 1,329 | $338 | - |
A 31238 Taylor Sold | $420,000 | 2 | 2 | 1,101 | $381 | 0.1 mi |
B 31082 Strawberry Tree Sold | $555,000 | 3 | 3 | 1,411 | $393 | 0.4 mi |
C 31035 Strawberry Tree Sold | $550,000 | 3 | 3 | 1,548 | $355 | 0.4 mi |
D 44891 Athel Sold | $455,000 | 2 | 2 | 1,340 | $340 | 0.4 mi |
E 44706 Adam Ln Sold | $390,000 | 2 | 2 | 1,101 | $354 | 0.1 mi |
F 31054 Strawberry Tree Lane 5 Sold | $440,000 | 2 | 2 | 1,340 | $328 | 0.4 mi |
G 31162 Sunflower Way Sold | $500,000 | 3 | 4 | 1,437 | $348 | 0.4 mi |
H 31155 Mountain Lilac Way Sold | $500,000 | 3 | 3 | 1,236 | $405 | 0.4 mi |
I 31031 Strawberry Tree Lane Active Under Contract | $478,000 List Price | 2 | 2 | 1,340 | $357 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, this 21-year-old property is in original, dated condition. While functional, it requires immediate cosmetic updates including full carpet replacement due to heavy staining and minor cabinetry repairs in the bathroom. The kitchen features original oak-style cabinets and white appliances that are past their modern prime.
Elementary School: Red Hawk Elementary School (9/10). High School: Great Oak High School (10/10).
The property is zoned for highly acclaimed schools, including Great Oak High School with a perfect 10/10 rating, making it an exceptional choice for families and supporting long-term resale value.
Located within the gated Temecula Creek Village, residents have access to premium amenities including a pool, spa, fitness center, and clubhouse, offering a high-quality lifestyle.
The property is marketed as an opportunity to 'bring your vision,' suggesting that the interior may require cosmetic updates or modernizing to reach its full potential.
The $400 monthly association fee represents a significant recurring expense that buyers must factor into their overall monthly carrying costs and affordability.
Discover the potential of 31369 David Lane, a 3-bedroom, 2-bath condo nestled in the desirable gated community of Temecula Creek Village. This second-floor gem features a private balcony, perfect for enjoying your morning coffee or unwinding as the sun sets. The spacious layout invites you to bring your vision and make it your own, offering an exciting opportunity to create the home you’ve always dreamed of. Temecula Creek Village offers resort-style living with an array of amenities designed to elevate your lifestyle. Take a dip in the sparkling pool, melt away stress in the soothing spa, stay active in the fully-equipped fitness center, or host gatherings in the versatile community clubhouse. Lush landscaping and a serene atmosphere make every day feel like a getaway. Convenience is key, and this condo delivers. You’re just minutes from Temecula’s best shopping, dining, and entertainment options—not to mention the area’s renowned wineries and picturesque trails. Whether you’re seeking a tranquil retreat or a vibrant hub for entertaining, this property combines comfort, potential, and a location that truly shines. Don’t miss your chance to own in one of Temecula’s most sought-after communities. Opportunities like this don’t last long!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,329 | 1,513 |
| Lot Size | - | 2,466.5 |
| Price | $449.9K | $559.7K |
| Price per sq ft | $339 | $381 |
| Built year | 2005 | 2014 |
| HOA | $400.0 | $288 |
| Days on market | 90 | 68 |
Jul 1, 2026
$449,900
$459,000
-2% Price Drop
Initial Listing
Apr 23, 2026
$459,000
Initial Listing
Sep 30, 2010
$120,000
Public Record
Oct 14, 2005
$317,500
Public Record