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39260 Grassy Road, Temecula, California 92592, Temecula, 92592 - 3 bed, 2 bath

39260 Grassy Road, Temecula, California 92592 home-pic-0
ACTIVE$950,000
39260 Grassy Road, Temecula, California 92592
3Beds
2Baths
1,645Sqft
198,633.594Lot

Price Vs. Estimate

The estimated value ($983,431.17) is $33,431.17 (3%) higher than the list price ($950,000). This property may be underpriced.

Key pros and cons

Top 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 = 198633, living area = 1645.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1645, other record living area = 1476.

Compared to the nearby listings

Price:$950.0K vs avg $800.0K (+$150,000)71%
Size:1,645 sqft vs avg 2,459.5 sqft18%
Price/sqft:$578 vs avg $35696%

More Insights

Built in 2002 (23 years old).
Condition: This property, built in 2002, has undergone extensive and recent renovations across all three independent living spaces, with many upgrades stated to be less than two years old. The apartment and casita feature virtually new, modern kitchens with white shaker cabinets, dark countertops, stainless steel appliances (in the casita), wood-look laminate flooring, and updated bathrooms with subway tile showers. The main house, while featuring a slightly more traditional kitchen style with tiled countertops and white appliances, is also described as 'recently renovated' and appears impeccably clean and well-maintained in the images. All units benefit from modern mini-split AC systems and recessed lighting. The overall condition, coupled with the comprehensive recent upgrades to the entire estate, including outdoor features, aligns perfectly with the 'Excellent' criteria of being extensively renovated within the last five years with virtually new components and no deferred maintenance.
Year Built
2002
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2511027
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Enjoy captivating hilltop views in the heart of Temecula wine country at this serene homestead nestled on a sprawling 4.56-acre lot. With 3 independent living spaces and an RV spot with septic and utilities, this property is ideal for those seeking a private, peaceful & spacious retreat or wonderful income potential. The main house, recently renovated, features a single level, open concept space with a combined living room/kitchen/dining room and hallway with a large linen closet, full bathroom and 2 bedrooms. Upstairs is a picturesque newly improved 1 bedroom/ 1 bathroom apartment with separate entrance and parking—perfect for guests or rental income. A large fenced in yard with turf, shed and large-scale tiered garden with brand new irrigation are ready for your DIY dreams right outside your door. A covered patio with brand new roof is the perfect setting to enjoy your property in all its splendor. Buried utilities allow you to enjoy 360 degree views. Just a few steps away from the main home is your own private fenced in irrigated orchard with 18 trees offering a delightful array of apples, peaches, lemons, limes, oranges, cherries, olives and avocados—ideal for the hobby gardener or fruit enthusiast. A short walk away is the recently fully renovated 12'x36' studio style casita with a full kitchen and bathroom, offering bonus living space or rental potential. With ample space and a myriad of upgrades all less than 2 years old, this self-sufficient Temecula estate is not just a home—it is a way of life. Whether you’re looking to settle down, expand, or invest, 39260 Grassy Road provides endless possibilities. Don't miss out on this unique opportunity!

Price History

Date
Event
Price
06/01/22
Sold
$690,000
05/27/16
Sold
$400,000
Condition Rating
Excellent
This property, built in 2002, has undergone extensive and recent renovations across all three independent living spaces, with many upgrades stated to be less than two years old. The apartment and casita feature virtually new, modern kitchens with white shaker cabinets, dark countertops, stainless steel appliances (in the casita), wood-look laminate flooring, and updated bathrooms with subway tile showers. The main house, while featuring a slightly more traditional kitchen style with tiled countertops and white appliances, is also described as 'recently renovated' and appears impeccably clean and well-maintained in the images. All units benefit from modern mini-split AC systems and recessed lighting. The overall condition, coupled with the comprehensive recent upgrades to the entire estate, including outdoor features, aligns perfectly with the 'Excellent' criteria of being extensively renovated within the last five years with virtually new components and no deferred maintenance.
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 = 198633, living area = 1645.
Exceptional Income & Multi-Generational Potential: The property features three distinct independent living spaces (main house, apartment, casita) and an RV spot with utilities, offering significant flexibility for rental income, guest accommodation, or multi-generational living.
Expansive & Private Acreage: A sprawling 4.56-acre lot provides abundant space, privacy, and a desirable rural homestead lifestyle in the heart of Temecula wine country.
Extensive Recent Upgrades: Numerous renovations and upgrades across all living spaces and outdoor features have been completed within the last two years, ensuring modern appeal and minimizing immediate maintenance for a new owner.
Unique Agricultural & Lifestyle Amenities: A private, irrigated orchard with 18 diverse fruit trees, along with a large tiered garden and turf yard, offers a unique self-sufficient lifestyle and recreational appeal.
Captivating Views & Serene Setting: Enjoying a hilltop location with buried utilities, the property offers captivating 360-degree views and a tranquil, picturesque retreat.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1645, other record living area = 1476.
High Maintenance Demands: The extensive 4.56-acre lot, multiple structures, and irrigated orchard will require significant ongoing time, effort, and financial investment for upkeep and maintenance.
Potential for Complex Management: Operating and maintaining three separate living units and an RV spot, whether for personal use or rental, adds a layer of complexity compared to a traditional single-family residence.
Modest Main House Size: The primary residence, at 1645 sqft, might be considered relatively small for a property of this acreage and price point, potentially limiting appeal for buyers seeking a larger main home.

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