31889 Red Pine Way, Temecula, California 92592, Temecula, 92592 - 3 bed, 3 bath
31889 Red Pine Way
Temecula, California 92592
Property Price
SUMMARY
Analysis of 31889 Red Pine Way, Temecula, California 92592 reveals a Fairly Priced Property with a current list price of $605,000 aligned with the estimated $605,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 31889 Red Pine Way Subject | $605,000* List Price | 3 | 3 | 1,753 | $345 | - |
A 46223 Timbermine Lane 55 Sold | $640,000 | 3 | 3 | 1,753 | $365 | 0.1 mi |
B 31760 Green Oak 33 Sold | $620,000 | 3 | 3 | 1,846 | $336 | 0.1 mi |
C 31808 Green Oak Way Sold | $622,500 | 3 | 3 | 1,846 | $337 | 0.1 mi |
D 31938 Red Pine Way Sold | $620,000 | 3 | 3 | 1,846 | $336 | 0.1 mi |
E 31934 Red Pine Way 94 Sold | $642,000 | 3 | 3 | 1,650 | $389 | 0.1 mi |
F 31937 Corte Montoya Sold | $615,000 | 3 | 3 | 1,666 | $369 | 0.7 mi |
G 31937 Red Pine Way 80 Active | $634,999 List Price | 3 | 3 | 1,753 | $362 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2011, this property is well within the 10-20 year age range for a 'good' condition rating. The home is move-in ready with a modern open layout, featuring a kitchen with granite countertops and stainless steel appliances. The flooring and fixtures appear well-maintained, and the overall aesthetic remains contemporary without the need for immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Red Hawk Elementary School (9/10). High School: Great Oak High School (10/10).
- Premier School District
The property is zoned for top-tier schools, including Great Oak High School which boasts a perfect 10/10 rating, providing significant long-term value and appeal for families.
- Prime Wolf Creek Location
Situated in a highly desirable master-planned community, the home offers immediate access to resort-style amenities such as pools, parks, and trails, while being minutes from Old Town Temecula and wine country.
CONSRISKS & DEFICIENCIES
- Recent Price Reduction
A recent price adjustment from the original listing suggests the property may have faced initial challenges with market positioning or competition in the current interest rate environment.
- Ongoing HOA Expenses
The $176 monthly association fee represents a mandatory recurring cost that increases the total monthly debt-to-income ratio for prospective buyers compared to nearby non-HOA communities.
About 31889 Red Pine Way
Price Reduced! Exceptional opportunity in one of Temecula’s most desirable neighborhoods — now offered at a new, lower price! Welcome to 31889 Red Pine Way, a beautifully maintained 3-bed, 3-bath home with 1,753 sq. ft. of well-designed living space in the Wolf Creek community. Inside, enjoy an open and functional layout filled with abundant natural light, perfect for everyday living and entertaining. The spacious living and dining areas flow seamlessly into the kitchen, creating a warm and inviting atmosphere. Thoughtfully appointed rooms include a comfortable primary suite and additional bedrooms that provide flexibility for family, guests, or a home office. Step outside to your private backyard — ideal for relaxing, gardening, or hosting weekend barbecues. Residents also benefit from community amenities including a resort-style pool and nearby parks. This prime location offers easy access to shopping, dining, quick freeway access, top-rated schools, local wineries, and Pechanga Resort & Casino — blending comfort and convenience with the best of Southern California living. Don’t miss this opportunity to own in a vibrant community at a new reduced price — perfect for first-time buyers, growing families, or savvy investors looking in Temecula!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2011
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $176.0 / Month
Neighborhood Insights
Temecula Unified Schools
Temecula Luiseno Elementary School
Grades K-5 • 0.1 mi
Helen Hunt Jackson Elementary School
Grades K-5 • 0.7 mi
Red Hawk Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 30% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,753 | 2,562.5 | 22% |
| Lot Size | - | 7,405 | 2% |
| Price | $605.0K | $806.5K | 6% |
| Price per sq ft | $345 | $356 | 46% |
| Built year | 2011 | 1999 | 90% |
| HOA | $176.0 | $55 | 97% |
| Days on market | 113 | 186 | 18% |
Pricing History
Listed for Sale
Feb 21, 2026
$605,000
$620,000
-2% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$620,000
Initial Listing
Sold
Nov 23, 2016
$352,500
Public Record
Sold
Mar 16, 2015
$320,000
Public Record
Sold
Aug 4, 2010
$247,000
Public Record