38940 Mesa, Temecula, California 92592, Temecula, 92592 - 3 bed, 2 bath

38940 Mesa, Temecula, California 92592 home-pic-0
ACTIVE$1,250,000
38940 Mesa, Temecula, California 92592
3Beds
2Baths
1,745Sqft
125,453Lot
Year Built
2003
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$716
HOA
-
Days on market
-
Sold On
-
MLS number
OC25265775
Home ConditionFair
Features
Excellent View: Hills, Meadow, Panoramic, Pasture, Trees/Woods
Patio
ViewHills, Meadow, Panoramic, Pasture, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.25M(84th), sqft - 1745(19th), beds - 3(30th), baths - 2(17th).

Property has TWO PARCELS with 2.88 acres each which is being sold together at a listing price of $1,250,000. One parcel (924-260-010) has a beautiful Home that sits at the top of the lot which was built in 2003 and has a GREAT view of Glenoaks Hills and Temecula Valley. The Home is a single level with 3 bedrooms and 2 baths with 1,745 square feet and central air and central heating. Home has an open floorplan that is very light and bright and opens to the family room. There is tile flooring in the kitchen and family room. The family room has a wood burning fireplace. The kitchen has granite countertops and a kitchen island with breakfast bar seating. The home has a separate laundry room with a sink and a small office space. The home has a two car garage, direct access garage with a garage door opener. Since this is a single level home, all bedrooms are located on the lower level. The home sits at the top of a flag shaped lot and the second parcel is also 2.88 Acres vacant land which sits just below. The upper lot has hardscape of trees planted and fencing around area of the home. The vacant lot (924-260-009) is just off of Mesa Road and next to the street and currently has a shed for storage. Either parcels can be used for horse property or land to plant citrus and grapes. The opportunities with both properties are endless. You could live in one parcel and develop the second parcel or use the vacant lot for stables or your own orchard or ??. The location of both parcels are located very close to wineries.

Price History

Date
Event
Price
11/30/25
Listing
$1,250,000
Condition Rating
Fair

Built in 2003, this property is well-maintained and move-in ready, with central air and heating. However, the kitchen features light wood cabinets, granite countertops, and white appliances that, while functional, are stylistically dated. Similarly, the bathrooms exhibit older wood vanities and white tile countertops. The tile flooring throughout the main living areas is clean but also reflects an early 2000s aesthetic. While no immediate repairs are evident, the property shows signs of being outdated in key areas, suggesting it would benefit from cosmetic updates to meet current design trends.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 125453, living area = 1745.
Exceptional Land Value & Versatility: Comprising two 2.88-acre parcels (total 5.76 acres) sold together, this property offers unparalleled potential for agricultural use (horses, vineyards), expansion, or future development in a desirable area.
Commanding Panoramic Views: Perched atop its lot, the home boasts expansive panoramic views of Glenoaks Hills and the Temecula Valley, enhancing its aesthetic appeal and perceived value.
Modern & Well-Appointed Home: Built in 2003, the single-level residence features a desirable open floorplan, central air/heating, granite kitchen countertops with an island, and practical amenities like a separate laundry room and small office space.
Proximity to Temecula Wine Country: Its location 'very close to wineries' offers a highly sought-after lifestyle, appealing to those interested in viticulture, equestrian activities, or simply enjoying the region's amenities.
Single-Level Accessibility & Efficiency: The 1,745 sqft single-level layout provides comfortable and accessible living, suitable for various demographics, and is generally easier to maintain.

Cons

Potential Overpricing Relative to Estimate: The current listing price of $1,250,000 is approximately 6% above the estimated property value, which could be a point of negotiation or perceived as high by some buyers.
Modest Home Size for Expansive Lot: While the land is vast, the 1,745 sqft home might be considered modest for buyers seeking a larger estate home on nearly 6 acres, potentially necessitating future expansion or a new build.
Undeveloped Vacant Parcel Requires Investment: The significant potential of the second vacant 2.88-acre parcel comes with the caveat that realizing its full value (e.g., for equestrian facilities, agriculture, or a second residence) will require substantial additional investment and development effort from the buyer.

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