31972 Calle Balareza, Temecula, California 92592, Temecula, 92592 - 4 bed, 3 bath
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31972 Calle Balareza
Temecula, California 92592
ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,262Sq Ft
7,841Lot Size
Property Price
LIST PRICE$950,000
EST. MARKET VALUE
$950,000
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,008,897 Fair Market Value by 3%. This valuation gap offers $33,897 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Main-Floor Primary Suite, a Huge Bonus Room, and a Full-Length Alumawood Patio overlooking a Greenbelt View. Located in the Paseo Del Sol community near Top-Rated Schools like Abby Reinke Elementary, this is an ideal acquisition for Owner-Occupants or growing families.
Estimated Market Value
$950,000
Based on Realkey algorithm analyzing recent comparable sales in Temecula.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31972 Calle Balareza Subject | $950,000* List Price | 4 | 3 | 3,262 | $291 | - |
A 43916 Barletta Street Sold | $975,000 | 5 | 3 | 3,432 | $284 | 0.5 mi |
B 32004 Camino Rabago Sold | $825,000 | 4 | 2 | 2,417 | $341 | 0.1 mi |
C 32127 Camino Rabago Sold | $1,175,000 | 4 | 3 | 3,262 | $360 | 0.2 mi |
D 43683 Altamura Court Sold | $840,000 | 4 | 3 | 2,787 | $301 | 0.5 mi |
E 43764 Camino Gallegos Sold | $800,100 | 4 | 4 | 2,630 | $304 | 0.2 mi |
F 43916 Larino Court Sold | $985,000 | 6 | 3 | 3,356 | $294 | 0.5 mi |
G 43487 Paisano Court Sold | $858,500 | 4 | 3 | 2,643 | $325 | 0.9 mi |
H 31998 Corte Cardoza Sold | $805,000 | 4 | 3 | 2,822 | $285 | 0.3 mi |
I 32136 Camino Rabago Active | $989,900 List Price | 4 | 3 | 3,327 | $298 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, this 20-year-old property is exceptionally well-maintained and move-in ready. The primary bathroom features a modern renovated walk-in shower, and the home includes functional upgrades like a QuietCool whole-house fan and newer garage doors. While the kitchen cabinetry is original to the build, the overall condition and recent aesthetic updates to flooring and baths align with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Abby Reinke Elementary School (9/10).
- Premium Lot Positioning
The property is ideally situated on a quiet cul-de-sac and backs directly to a green belt and park, providing rare privacy and unobstructed views that are highly coveted in the Paseo Del Sol community.
- Highly Desirable Layout
Featuring a rare main-floor primary suite and a massive upstairs bonus room, this floor plan offers exceptional flexibility for multi-generational living or specialized home office and entertainment needs.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 2004, the home may require cosmetic updates to its original finishes and fixtures to align with the aesthetic expectations of modern luxury buyers.
- Recurring Ownership Costs
The combination of monthly HOA fees and typical area tax assessments in master-planned communities may increase the total monthly carrying costs compared to non-HOA neighborhoods.
About 31972 Calle Balareza
Lives like a single story & ask about seller concessions available for RATE BUY DOWN !!! This beauty BACKS TO A GREEN BELT AND PARK! View, Primary bedroom downstairs so it lives like a SINGLE STORY on a cul-de-sac !This 4 bed Woodside home offers privacy, Quiet Cool Whole House fan, plantation shutters, 2 story ceilings, enormous bonus room, pool-size lot, 3 car side by side garage and one of the best settings in the neighborhood. With a large grass backyard and a full-length Alumawood patio this home is designed for both comfort and effortless entertaining. This beauty is located in the highly desirable Paseo Del Sol community in Temecula. This well-maintained two-story home sits on a cul-de-sac and enjoys the rare advantage of backing directly to a green belt that is attached to a park, creating a peaceful setting with open views and added privacy. Inside, this wonderful and highly sought after floor plan features a primary suite conveniently located on the main floor, offering comfort and flexibility for a variety of living situations. There is laundry and a separate social bath downstairs. The home also includes plantation shutters and a QuietCool whole-house fan for energy-efficient cooling. Upstairs, you’ll find a HUGE open bonus room, perfect for a media room, game room, home office, or additional living space and 3 additional bedrooms. Step outside to a spacious backyard with lush grass and mow curb, ideal for play, pets, or entertaining. The Alumawood patio cover stretches the full length of the home, providing a large shaded outdoor living area perfect for gatherings year-round. Additional highlights include a 3-car garage with newer garage doors and access to Temecula’s highly rated schools. Residents of Paseo Del Sol enjoy exceptional community amenities including walking trails, parks, and a beautiful clubhouse and pools all while being conveniently located near shopping, dining, and Temecula Wine Country. ** COMES WITH THE 12 MONTH LOVE IT OR LEAVE IT PROGRAM **
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $125.0 / Month
Neighborhood Insights
Temecula Unified Schools
Abby Reinke Elementary School
Grades K-5 • 1.0 mi
9/10
Paloma Elementary School
Grades K-5 • 1.0 mi
8/10
Vintage Hills Elementary School
Grades K-5 • 1.5 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,262 | 2,342.306 |
| Lot Size | 7,841 | 7,566.574 |
| Price | $950.0K | $792.5K |
| Price per sq ft | $291 | $360 |
| Built year | 2004 | 1999 |
| HOA | $125.0 | $121 |
| Days on market | 93 | 54 |
Pricing History
Listed for Sale
Jun 29, 2026
$950,000
$975,000
-3% Price Drop
Initial Listing
Price Change
Jun 8, 2026
$975,000
Initial Listing
Sold
Aug 11, 2008
$390,000
Public Record
Sold
Jun 30, 2006
$690,000
Public Record
Sold
Jun 28, 2004
$580,000
Public Record
Sold
Dec 26, 2002
$390,500
Public Record