
Temecula, California 92592
This Dual-Residence Wine Country Estate is a Strong Value Opportunity, listed at $1,650,000—positioned well below the $1,783,794 Fair Market Value by 7%. This valuation gap offers $133,794 in Instant Equity. Featuring an Excellent Condition Rating, the property includes a remodeled granite kitchen, a resort-style pool and spa, and a 1,200-square-foot workshop. With two homes on 4.87 acres, this versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants desiring multi-generational living in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37200 Mesa Rd Subject | $1,650,000* List Price | 7 | 4 | 4,258 | $419 | - |
A 38125 Camino Sierra Pending | $1,999,000 List Price | 5 | 4 | 4,130 | $484 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1981, the property has undergone extensive, high-quality renovations that place it in the excellent category. Both the main and secondary residences feature fully remodeled kitchens with granite countertops and modern Energy Star stainless steel appliances. The bathrooms have been updated with contemporary finishes, and the entire property features newer laminate flooring and resort-style outdoor amenities, indicating a comprehensive renovation within the last 5 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 212137, living area = 4258.
The property features two separate, well-appointed homes on a single lot, providing an ideal setup for multi-generational living, guest accommodations, or significant rental income potential in a high-demand area.
The backyard serves as a private retreat with a sparkling pool, spa, fully equipped outdoor kitchen, and a 1,200-square-foot workshop, offering a rare combination of luxury leisure and functional utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4258, other record living area = 2278. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
The second residence is a modular home, which some buyers may perceive as having lower long-term value or more complex financing options compared to traditional stick-built structures.
With the main residence built in 1981, the large acreage and aging infrastructure may necessitate higher ongoing maintenance costs and potential updates to older mechanical systems.
Welcome to an exceptional opportunity in the heart of Temecula Wine Country. Situated on approximately 4.87 acres, this remarkable property features two beautifully appointed homes, a resort-style backyard, expansive RV parking, and an impressive 1,200-square-foot workshop—offering the perfect blend of luxury, versatility, and country living. The main residence offers 3 bedrooms and 2 bathrooms with thoughtful upgrades throughout. A stunning two-way fireplace ****See Supplement**** creates a warm focal point between the living and dining rooms. The remodeled kitchen is designed to impress with granite countertops, Energy Star stainless steel appliances, a wall oven, convection oven, induction cooktop, stylish pendant lighting, and generous counter space for cooking and entertaining. Laminate flooring extends throughout the home, and the spacious primary suite features a walk-in closet and an updated en-suite bathroom with dual vanities. Step outside to your private backyard retreat, complete with a covered patio, fully equipped outdoor kitchen, sparkling pool and spa, and a cozy fire pit—creating the ideal setting for entertaining family and friends or enjoying peaceful evenings under the Temecula sky. The second residence is a well-appointed modular home offering outstanding comfort and functionality. It features an updated kitchen with granite countertops, Energy Star stainless steel appliances, laminate flooring, a cooktop with an overhead range hood, and quality finishes throughout. The primary bedroom includes an inviting electric fireplace, creating a comfortable and relaxing retreat. The expansive grounds provide ample room for RVs, recreational vehicles, equipment, trailers, hobbies, or additional storage. The approximately 1,200-square-foot workshop offers exceptional flexibility for projects, business use, or recreational needs. Whether you're searching for multi-generational living, guest accommodations, rental income potential, or simply the opportunity to enjoy the Wine Country lifestyle with room to grow, this one-of-a-kind property offers endless possibilities in one of Temecula's most sought-after locations. Properties offering this combination of acreage, two residences, resort-style amenities, and functional workspace are a rare find.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 4,258 | 2,432.5 |
| Lot Size | 212,137 | 7,405 |
| Price | $1.65M | $797.5K |
| Price per sq ft | $388 | $367 |
| Built year | 1981 | 1999 |
| HOA | $0 | $120 |
| Days on market | 15 | 50 |
Jul 7, 2026
$1,650,000
Initial Listing
Dec 23, 2015
$430,000
Public Record
Apr 10, 2009
$415,000
Public Record