32224 Penstemon Way, Temecula, California 92591, Temecula, 92591 - 3 bed, 2 bath
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Temecula, California 92591
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $799,000—positioned well below the $838,067 Fair Market Value by 4%. This valuation gap offers $39,067 in Instant Equity for the buyer. With an Excellent Condition Rating and a 2023 build date, the property features a modern open-concept layout, a California Room, and a spacious lot. Located in the Temecula Unified district, it offers a premium lifestyle for Owner-Occupants or first-time buyers seeking a turnkey, energy-efficient residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32224 Penstemon Way Subject | $799,000* List Price | 3 | 2 | 1,837 | $456 | - |
A 32100 Sedge Way Sold | $877,100 | 3 | 3 | 1,850 | $474 | 0.3 mi |
B 32736 Brunello Way Active | $675,000 List Price | 4 | 3 | 1,994 | $339 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this home is in mint condition and meets the criteria for excellent status. It features a modern open-concept kitchen with premium finishes, upgraded bathrooms, and brand-new systems including HVAC and leased solar.
Built in 2023, this home features contemporary finishes, an upgraded California Room for seamless indoor-outdoor living, and premium window treatments including plantation shutters and custom blackout blinds.
As one of the largest lots in the community, the property offers a spacious backyard with generous separation from neighbors, providing a level of privacy and outdoor utility rarely found in newer master-planned developments.
The property grants access to extensive community facilities including sparkling pools, sports courts, and scenic trails, while maintaining close proximity to Temecula’s top-rated schools and famous wineries.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 4913.
The solar system is leased rather than owned, requiring the buyer to assume a monthly lease agreement which may impact debt-to-income ratios and does not provide the same equity value as an owned system.
The $250 monthly association fee adds a significant recurring cost to the property's carrying expenses, which may be a consideration for budget-conscious buyers compared to non-HOA neighborhoods.
Welcome to this beautifully upgraded home in one of Temecula’s most sought-after master-planned communities! One of the largest lots in the community, there’s plenty of room for kids to play, add a swing set, entertain, or simply enjoy a true backyard! Featuring leased solar for added energy efficiency, this modern residence offers the perfect blend of comfort, style, and everyday functionality. With 3 bedrooms, 2.5 baths, inside, you’ll find an open-concept floor plan filled with natural light, a stunning upgraded California Room that seamlessly extends your living space outdoors, and custom adjustable blinds that let you control the perfect amount of light—from bright and airy to complete blackout. Plantation shutters upstairs add timeless style and privacy. The spacious backyard offers open skies and generous separation from neighboring homes, creating a peaceful, private setting that’s hard to find. Enjoy resort-style living with sparkling pools, parks, sports courts, playgrounds, scenic walking trails, and beautifully maintained greenbelts—all just minutes from top-rated schools, shopping, dining, wineries, and easy freeway access. This is Southern California living at its best!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,837 | 2,432.5 |
| Lot Size | 0.11 | 7,405 |
| Price | $799.0K | $797.5K |
| Price per sq ft | $435 | $367 |
| Built year | 2023 | 1999 |
| HOA | $250.0 | $120 |
| Days on market | 33 | 50 |
Jun 19, 2026
$799,000
Initial Listing
Dec 18, 2023
$635,500
Public Record