32475 Corte Barela, Temecula, California 92592, Temecula, 92592 - 5 bed, 3 bath

32475 Corte Barela, Temecula, California 92592 home-pic-0
ACTIVE$875,000
32475 Corte Barela, Temecula, California 92592
5Beds
3Baths
2,849Sqft
7,405Lot
Year Built
1999
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$307
HOA
$40
Days on market
-
Sold On
-
MLS number
NP25057645
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 3 Cons,5 Pros. Rank: price - $875.0K(64th), sqft - 2849(64th), beds - 5(71th), baths - 3(50th).

SELLER SAYS MAKE AN OFFER!!! Motivated and ready to make a deal!! Tucked away in a peaceful cul-de-sac in one of Temecula’s highly desirable Redhawk neighborhoods, this spacious home is full of charm and ready for its next chapter! Featuring 4 bedrooms, including a downstairs bedroom and bathroom, plus a flexible upstairs bonus room, this well-designed floor plan offers versatility for any lifestyle. This home offers plenty of opportunity for those looking to update, personalize, and make a great investment! Step outside an envision the possibilities with this private backyard retreat, ideal for entertaining or unwinding in Temecula’s beautiful SoCal climate. Conveniently located near top-rated schools, shopping, wineries, and dining, this home combines comfort, location, and potential – all at an incredible value. Don't miss this gem!

Condition Rating
Fair

The property was built in 1999, making it 25 years old. While appearing well-maintained, the kitchen features dated dark wood cabinets, older countertops, and white appliances, indicating a need for modernization. Bathrooms also show original or older fixtures and finishes. The flooring consists of older tile and worn carpet. The listing description explicitly states it offers 'plenty of opportunity for those looking to update, personalize,' which aligns with a 'fair' condition requiring minor to moderate updates to meet current aesthetic standards, rather than major structural repairs.
Pros & Cons

Pros

Prime Location & Top Schools: Situated in a peaceful cul-de-sac within the highly desirable Redhawk neighborhood, offering convenient access to top-rated Temecula Unified schools, shopping, wineries, and dining.
Flexible and Spacious Layout: Features a versatile floor plan with 5 bedrooms, including a convenient downstairs bedroom and bathroom, plus a flexible upstairs bonus room, accommodating various lifestyle needs.
Private Outdoor Space: The property boasts a private backyard retreat, ideal for entertaining and enjoying Temecula's climate, offering potential for personalization.
Low Homeowners Association Dues: Benefits from a very low monthly HOA fee of $40, contributing to lower overall ownership costs compared to many communities.
Investment Potential: Presents a significant opportunity for buyers to update and personalize, allowing for a great investment and potential value appreciation through renovation.

Cons

Requires Significant Updates/Modernization: The property description indicates it is 'ready for its next chapter' and offers 'plenty of opportunity for those looking to update,' suggesting a need for substantial modernization to meet current market expectations.
Apparent Overpricing Relative to Market Value: The current listing price of $875,000 is significantly higher than the property's estimated value of $472,560 and comparable sales of updated homes in the area, indicating it may be overpriced for its current condition.
Absence of Premium Features/Views: Lacks desirable features such as a pool, solar panels, or scenic views (explicitly 'View: None'), which are present in several recently sold comparable properties, potentially impacting its competitive appeal.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state