33564 Blue Water Way, Temecula, California 92592, Temecula, 92592 - 4 bed, 3 bath
33564 Blue Water Way
Temecula, California 92592
Property Price
SUMMARY
Analysis of 33564 Blue Water Way, Temecula, California 92592 reveals a Fairly Priced Property with a current list price of $875,000 aligned with the estimated $875,000 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 |
|---|---|---|---|---|---|---|
★ 33564 Blue Water Way Subject | $875,000* List Price | 4 | 3 | 3,136 | $279 | - |
A 44035 Cindy Circle Sold | $820,000 | 4 | 3 | 2,823 | $290 | 0.3 mi |
B 45023 Silver Rose Sold | $892,000 | 5 | 3 | 3,106 | $287 | 0.9 mi |
C 44690 Calle Lopez Sold | $755,000 | 4 | 3 | 2,562 | $295 | 0.6 mi |
D 44161 Nighthawk Pass Sold | $920,000 | 4 | 3 | 2,601 | $354 | 0.7 mi |
E 45250 Oakville Court Sold | $1,100,000 | 5 | 3 | 3,200 | $344 | 0.9 mi |
F 34116 Galleron Street Active | $1,039,999 List Price | 4 | 4 | 3,340 | $311 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and fits the criteria for a well-maintained home built approximately 20 years ago. It features significant recent upgrades, most notably the brand new neutral-colored LVP flooring throughout the main living areas. The kitchen is functional and attractive with granite countertops, a large island, and stainless steel appliances. While the cabinetry and bathroom fixtures reflect the original 2005 builder style, they appear well-preserved with no signs of deferred maintenance. The exterior and systems appear functional and consistent with the home's age.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Great Oak High School (10/10).
- Premier School District
The property is located within the highly coveted Great Oak High School boundary, a top-rated 10/10 school that significantly bolsters long-term property value and family appeal.
- Versatile Executive Layout
The floor plan offers exceptional utility with a rare downstairs bedroom and full bath, a massive upstairs loft, and a primary suite featuring dual walk-in closets.
CONSRISKS & DEFICIENCIES
- Market Momentum
A recent $30,000 price reduction suggests the property faced initial challenges at its original price point, potentially indicating a need for more aggressive positioning.
- Aging Infrastructure
Built in 2005, the home is approaching the 20-year mark where major systems such as HVAC and roofing may soon require professional evaluation or replacement.
About 33564 Blue Water Way
Beautiful executive home with tons of natural light and high ceilings giving you lots of room to decorate to your style! Enter and you'll find a very spacious living room/dining room combination with brand new neutral-colored LVP flooring. Take a look up and you can enjoy the view of the "Romeo" balcony upstairs. The kitchen features a large center island, granite countertops, a large walk-in pantry, and a desk area off to the side with special organization cabinets and cubby slots. The family room has a fireplace and a large alcove for your entertainment center. Downstairs features a Bedroom and full Bath, plus a very large laundry room with sink and a special storage closet under the stairs. Upstairs you'll find more storage, a huge loft, a special nook, 2 guest bedrooms plus the large Primary Bedroom and Bath. No fighting over closet space here... you'll find two separate large walk-in closets! The back yard is spacious with plenty of room to entertain. Corner lot is great for privacy. Top-rated schools as the home is located in the highly sought-after Great Oak High School territory. Temecula features so many beautiful parks and city amenities for residents. Plus, easy access to the freeway and wine country!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $38.0 / Month
Neighborhood Insights
Temecula Unified Schools
Tony Tobin Elementary School
Grades K-5 • 1.2 mi
Vail Ranch Middle School
Grades 6-8 • 0.4 mi
Great Oak High School
Grades 9-12 • 2.5 mi
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 | 3,136 | 2,563.5 | 75% |
| Lot Size | 6,970 | 7,405 | 44% |
| Price | $875.0K | $808.5K | 63% |
| Price per sq ft | $279 | $356 | 10% |
| Built year | 2005 | 1999 | 73% |
| HOA | $38.0 | $55 | 28% |
| Days on market | 112 | 186 | 18% |
Pricing History
Listed for Sale
Mar 3, 2026
$875,000
$895,000
-2% Price Drop
Initial Listing
Price Change
Dec 5, 2025
$895,000
$925,000
-3% Price Drop
Initial Listing
Price Change
Nov 15, 2025
$925,000
Initial Listing
Sold
Aug 24, 2017
$466,000
Public Record
Sold
Apr 19, 2005
$531,000
Public Record