32848 Freesia, Temecula, California 92592, Temecula, 92592 - 4 bed, 3 bath
32848 Freesia
Temecula, California 92592
Property Price
SUMMARY
Analysis of 32848 Freesia, Temecula, California 92592 reveals a Prime Investment Opportunity with a current list price of $835,000—significantly undercutting the $912,057 Fair Market Value by 8%. This valuation gap indicates a +$77,057 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 32848 Freesia Subject | $835,000* List Price | 4 | 3 | 2,328 | $392 | - |
A 44822 Camino Alamosa Sold | $860,000 | 5 | 4 | 2,243 | $383 | 0.5 mi |
B 44738 Corte Gutierrez Sold | $705,000 | 4 | 3 | 1,748 | $403 | 0.6 mi |
C 32908 Freesia Way Sold | $735,000 | 4 | 2 | 1,871 | $393 | 0.1 mi |
D 32169 Corte Daroca Sold | $875,000 | 4 | 3 | 2,321 | $377 | 0.9 mi |
E 44673 Lorraine Drive Sold | $824,900 | 4 | 3 | 1,955 | $422 | 0.5 mi |
F 32000 Paseo Parallon Sold | $917,000 | 4 | 3 | 2,761 | $332 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1998, the property has undergone extensive recent renovations that align with current modern standards. Key upgrades include luxury vinyl plank flooring, upgraded baseboards, a fully remodeled primary bathroom with a stand-alone tub, and a contemporary kitchen featuring shaker cabinets and granite countertops. The addition of a whole-house fan, solar, and a well-maintained outdoor pool area indicates a high level of upkeep with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Outdoor Living
The property features a private backyard oasis complete with a pool, above-ground hot tub, and a lattice-covered patio, offering a high-end space for relaxation and entertainment.
- Modern Interior Upgrades
Extensive renovations include luxury vinyl plank flooring, a remodeled primary bathroom with a stand-alone tub, and a contemporary kitchen featuring shaker cabinets and granite countertops.
- Exceptional Value & Location
Situated in the award-winning Temecula Valley Unified School District with no HOA fees and a low tax rate, providing significant long-term financial advantages for homeowners.
CONSRISKS & DEFICIENCIES
- Solar Lease Assumption
The property includes a solar system under a lease agreement that must be assumed by the buyer, which may impact monthly debt-to-income ratios and financing requirements.
- Bedroom Configuration
The fourth bedroom is currently utilized as an office with built-in cabinetry, which may require additional investment to convert back into a traditional sleeping space.
About 32848 Freesia
Absolutely stunning 4 bedroom 2.5 bath pool home with a 3 car garage. The details in this house are eye catching. Beautiful luxury vinyl plank flooring and upgraded baseboards throughout the main floor. The kitchen boasts shaker cabinets, pendant lights, a large pantry and granite counters. The primary bathroom was remodeled and has a stand alone tub. 4th bedroom/office has built in cabinets. The office is open no door to it. Could be closed off if desire but shows on title as 4th bedroom. Cased windows. Vinyl fencing around the whole yard. The back yard has a beautiful pool and above ground hot tub. Lattice covered patio with space for seating. Quiet cool whole house fan. There is a solar lease that will need to be assumed. There is no HOA. In the award winning Temecula Valley Unified School District. Minutes from shopping, Pechanga and freeway access. View of Mount Palomar. Low tax rate.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- 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
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,328 | 2,562.5 | 42% |
| Lot Size | 7,841 | 7,405 | 53% |
| Price | $835.0K | $808.5K | 56% |
| Price per sq ft | $359 | $356 | 51% |
| Built year | 1998 | 1999 | 48% |
| HOA | $0 | $55 | 23% |
| Days on market | 9 | 186 | 0% |
Pricing History
Listed for Sale
Feb 26, 2026
$835,000
Initial Listing
Sold
Sep 30, 1998
$198,500
Public Record