
Temecula, California 92592
This Spacious 5-Bedroom Residence is a Strong Value Opportunity, listed at $769,000—positioned well below the $839,099 Fair Market Value by 8%. This valuation gap offers $70,099 in Instant Equity for the next owner. Featuring a Fair Condition Rating, the home offers a versatile floor plan with a pool and panoramic views. Located in the Temecula Unified School District, it is an ideal acquisition for Owner-Occupants seeking to build equity through modernization or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31562 Paseo Goleta Subject | $769,000* List Price | 5 | 3 | 3,087 | $272 | - |
A 31772 Corte Rosario Sold | $825,000 | 5 | 3 | 3,087 | $267 | 0.1 mi |
B 31384 Corte Tunas Sold | $899,000 | 5 | 3 | 3,087 | $291 | 0.3 mi |
C 42891 Camino Alagon Sold | $760,000 | 5 | 3 | 2,918 | $260 | 0.8 mi |
D 31428 Corte Tunas Active | $799,000 List Price | 4 | 4 | 2,854 | $280 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 36-year-old home is in mostly original condition. The kitchen features dated oak cabinetry and older black appliances, while the bathrooms retain original white square tile and brass fixtures. Although well-maintained and functional, the property is aesthetically dated and requires modernization of its primary systems and finishes to meet current market standards.
The spacious 3,087 sqft layout includes a rare downstairs bedroom and full bathroom, providing essential flexibility for multi-generational living or a private home office.
The property features a private sparkling pool and a primary suite balcony offering panoramic views of Temecula sunsets and hot air balloons, perfect for the Southern California lifestyle.
Ideally situated near Temecula Wine Country and Old Town within the highly-rated Temecula Unified School District, all while benefiting from a very low HOA fee.
Built in 1990 and marketed as an opportunity to 'bring your own style,' the home likely requires cosmetic updates to meet modern luxury standards.
With a large 3,000+ sqft footprint and a pool occupying much of the 7,405 sqft lot, there is limited remaining green space for traditional gardening or play areas.
Welcome to 31562 Paseo Goleta, a spacious 5-bedroom, 3-bath home offering 3,087 square feet of living space, a sparkling pool, and beautiful views. The highly desirable floor plan features a downstairs bedroom and full bathroom, ideal for guests, extended family, or a private home office. Upstairs, you’ll find four additional bedrooms, including a spacious primary suite with a large private balcony—the perfect place to take in the gorgeous views, enjoy colorful Temecula sunsets, and even watch the hot air balloons floating over the valley in the distance. Step outside to a large backyard designed for entertaining, with plenty of room to gather, relax, and enjoy the Southern California lifestyle. Spend warm Temecula days by the pool, take in the surrounding views, or create the outdoor space you’ve always wanted. With a low HOA, generous indoor and outdoor living spaces, and a versatile floor plan, this home offers a fantastic opportunity for its next owner to bring their own style and make it truly their own. Ideally located just minutes from Old Town Temecula, Temecula Valley Wine Country and its approximately 50 wineries, Pechanga Resort Casino, Promenade Temecula, shopping, dining, entertainment, and more. This is a wonderful opportunity to enjoy everything the Temecula Valley has to offer!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,087 | 2,342.306 |
| Lot Size | 7,405 | 7,566.574 |
| Price | $769.0K | $792.5K |
| Price per sq ft | $249 | $360 |
| Built year | 1990 | 1999 |
| HOA | $42.0 | $121 |
| Days on market | 14 | 54 |
Aug 26, 2026
$769,000
Initial Listing
Aug 6, 1997
$280,000
Public Record