31868 Corte Montoya, Temecula, California 92592, Temecula, 92592 - 4 bed, 4 bath
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Temecula, California 92592
This Versatile Single-Family Residence represents a High-Potential Investment Opportunity, listed at $749,000—positioned well below the $716,618 Fair Market Value by -4%. Featuring a Condition Rating of 4, the home offers a functional layout with a rare downstairs bedroom and bonus office. Zoned for Top-Rated Schools like Great Oak High (10/10), this property provides long-term stability. With recent cosmetic upgrades and a 3-car garage, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home in a premier Temecula community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31868 Corte Montoya Subject | $749,000* List Price | 4 | 4 | 2,441 | $294 | - |
A 32038 Corte Eldorado Sold | $765,000 | 4 | 3 | 2,232 | $343 | 0.3 mi |
B 31155 Lahontan Sold | $710,000 | 4 | 3 | 2,113 | $336 | 0.8 mi |
C 45436 Via Jaca Sold | $815,000 | 4 | 3 | 2,665 | $306 | 0.5 mi |
D 45360 Vista Verde Sold | $710,000 | 4 | 3 | 2,668 | $266 | 0.6 mi |
E 32016 Woodside Court Sold | $850,000 | 4 | 3 | 2,898 | $293 | 0.5 mi |
F 32143 Paseo San Esteban Sold | $774,900 | 5 | 3 | 2,321 | $334 | 0.4 mi |
G 45233 Camino Monzon Active | $799,000 List Price | 4 | 3 | 2,665 | $300 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992 (34 years old), the home features recent cosmetic improvements including brand new flooring and fresh interior paint. While the kitchen has newer countertops and one bathroom is remodeled, the primary bathroom and wet bar retain original 90s-style oak cabinetry, white tile counters, and gold fixtures, classifying it as dated and in need of minor modern updates.
Elementary School: Red Hawk Elementary School (9/10). High School: Great Oak High School (10/10).
The property is zoned for top-tier schools, including Great Oak High (10/10) and Red Hawk Elementary (9/10), providing exceptional long-term value for families.
Extensive recent improvements, including brand new flooring, fresh interior paint, and updated kitchen countertops, ensure the home is move-in ready for homeowners or investors.
With 39 days on the market and a recent price reduction, the property may be experiencing slower buyer traction compared to faster-moving local inventory.
The 6,534 sqft lot and low-maintenance backyard may be a drawback for buyers specifically seeking a large private yard or expansive garden area.
Must See! Well-maintained home in the desirable Redhawk community of Temecula, located on a quiet corner lot. Featuring 4 bedrooms, 3 full bathrooms, and approx. 2,441 sqft of functional living space. Open layout with family room, fireplace, and wet bar, connecting to an updated kitchen with newer countertops. One bedroom and a fully remodeled bathroom downstairs, plus a bonus office/den that can be used as a 5th bedroom — great for both homeowners and investors. Upstairs offers a spacious primary suite with fireplace, backyard views, and a well-appointed bathroom. Two additional bedrooms and an upstairs laundry room complete the second floor. Recent upgrades include brand new flooring throughout, updated kitchen countertops, interior paint, bathroom tile, and more. Private, low-maintenance backyard and 3-car garage. Conveniently located near top-rated schools, golf, shopping, dining, wineries, and easy access to the 15 freeway. Move-in ready and investor-friendly.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 81% |
| Square foot | 2,441 | 2,374 | 53% |
| Lot Size | 6,534 | 7,405 | 37% |
| Price | $749.0K | $800.0K | 39% |
| Price per sq ft | $307 | $360 | 21% |
| Built year | 1992 | 1997 | 26% |
| HOA | $34.0 | $61 | 24% |
| Days on market | 59 | 125 | 12% |
May 18, 2026
$749,000
$759,000
-1% Price Drop
Initial Listing
Apr 9, 2026
$759,000
Initial Listing
Apr 24, 2013
$340,000
Public Record
Aug 15, 2005
$463,500
Public Record