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34116 Galleron Street, Temecula, California 92592, Temecula, 92592 - 4 bed, 4 bath

34116 Galleron Street, Temecula, California 92592 home-pic-0
ACTIVE$1,069,999
34116 Galleron Street, Temecula, California 92592
4Beds
4Baths
3,340Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($987,511.485) is $82,487.515 (7%) lower than the list price ($1,069,999). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property offers stunning panoramic views from every room, including hot air balloons over Temecula wine country, valley, and vibrant city lights, significantly enhancing its appeal.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions, dropping from an original list price of $1.19M to $1.069999M, which may suggest initial overpricing or challenges in market absorption.

Compared to the nearby listings

Price:$1.07M vs avg $800.0K (+$269,999)77%
Size:3,340 sqft vs avg 2,472.5 sqft79%
Price/sqft:$320 vs avg $35532%

More Insights

Built in 2007 (18 years old).
Condition: The property was built in 2007, making it 17 years old, which falls within the 'Good' condition criteria. It is move-in ready with no immediate renovations required. The gourmet kitchen features granite countertops, stainless steel appliances, and dual sinks, all appearing well-maintained and functional. Bathrooms are clean and in good condition, consistent with the home's age, though the tile and cabinet styles are not ultra-modern. High-quality Acacia solid hardwood flooring and tile are present throughout. All major systems appear well-maintained with minimal wear and tear, and are within their expected lifespan.
Year Built
2007
Close
-
List price
$1.07M
Original List price
$1.19M
Price/Sqft
$320
HOA
$119
Days on market
-
Sold On
-
MLS number
TR25144338
Home ConditionGood
Features
Excellent View: City Lights, Courtyard, Canyon, Park/Greenbelt, Hills, Lake, Landmark, Meadow, Mountain(s), Neighborhood, Orchard, Panoramic, Creek/Stream, Valley, Vineyard
Patio
ViewCity Lights,Courtyard,Canyon,Park/Greenbelt,Hills,Lake,Landmark,Meadow,Mountain(s),Neighborhood,Orchard,Panoramic,Creek/Stream,Valley,Vineyard

About this home

Welcome to this extraordinary Morgan Hill home offering stunning views from every room, including hot air balloons over Temecula wine country, Valley and vibrant city lights. Located in the poshest community of South Temecula, with Great Oak High School, abundant park of front row seats for fireworks shows — this is a lifestyle, not just a home. Boasting upgrades, this home features 10-foot ceilings, a 3-car garage, beautiful Acacia solid hardwood flooring throughout much of the home, and a thoughtfully designed floorplan. The gourmet kitchen includes granite countertops, rare dual sinks, and oversized windows that flood the interior with natural light while showcasing the panoramic surroundings. First floor (2,253 sqft):Private master suite with sliding doors opening to the backyard.Flexible office or nursery room next to master.Laundry room with sink, crown molding, and 4" baseboards.Second floor (1,094 sqft):3 bedrooms, 2 bathrooms, and a spacious loft — every room features its own view and great privacy. The backyard is a true entertainer’s paradise, with two builder-installed covered patios, a BBQ bar with sink and stove, and mature lots of fruit trees. Your home will be the one everyone wants to be at — host unforgettable gatherings, watch sunrise feel the gentle breezes, enjoy views and savor a glass of wine. ?? This magical home must be experienced in person — words and photos don’t do it justice. A rare opportunity — schedule your private showing today!

Condition Rating
Good
The property was built in 2007, making it 17 years old, which falls within the 'Good' condition criteria. It is move-in ready with no immediate renovations required. The gourmet kitchen features granite countertops, stainless steel appliances, and dual sinks, all appearing well-maintained and functional. Bathrooms are clean and in good condition, consistent with the home's age, though the tile and cabinet styles are not ultra-modern. High-quality Acacia solid hardwood flooring and tile are present throughout. All major systems appear well-maintained with minimal wear and tear, and are within their expected lifespan.
Pros & Cons

Pros

Panoramic Views: The property offers stunning panoramic views from every room, including hot air balloons over Temecula wine country, valley, and vibrant city lights, significantly enhancing its appeal.
Premium Location & Community: Situated in the 'poshest community' of South Temecula, with access to Great Oak High School and abundant parks, offering a desirable lifestyle and front-row seats for fireworks shows.
High-End Interior Features: Boasts numerous upgrades including 10-foot ceilings, beautiful Acacia solid hardwood flooring, a gourmet kitchen with granite countertops and rare dual sinks, and oversized windows for natural light.
Entertainer's Backyard: Features a true entertainer’s paradise with two builder-installed covered patios, a BBQ bar with sink and stove, and mature fruit trees, ideal for hosting gatherings.
Thoughtful Layout & Privacy: Designed with a private master suite on the first floor, a flexible office/nursery, a spacious loft upstairs, and 3 additional bedrooms, ensuring privacy and functionality with views from every room.

Cons

Significant Price Reductions: The property has undergone multiple price reductions, dropping from an original list price of $1.19M to $1.069999M, which may suggest initial overpricing or challenges in market absorption.
Discrepancy with Estimated Value: The current list price of $1,069,999 is approximately 12% higher than the estimated property value of $975,443, potentially indicating a gap between seller expectations and market valuation.
Modest Lot Size: With a lot size of 6,970 sqft, while adequate, it might be considered modest for a luxury home in a 'poshest community,' potentially limiting perceived outdoor space for some buyers.

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