39520 Colleen Way, Temecula, California 92592, Temecula, 92592 - 6 bed, 7 bath

39520 Colleen Way
Temecula, California 92592
Property Price
SUMMARY
Analysis of 39520 Colleen Way, Temecula, California 92592 is currently available with a list price of $3,695,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this estate falls within the 10-20 year age bracket for a 'good' rating. The property is move-in ready and impeccably maintained, featuring a high-end chef's kitchen with a massive island and professional-grade appliances, luxurious bathrooms with dual fireplaces, and a resort-style backyard. While the aesthetic reflects its original construction era, the addition of 72 paid solar panels and the lack of deferred maintenance indicate excellent upkeep of major systems.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 218671, living area = 6157.
- Premier Wine Country Location
Situated directly on the Rancho California Road Wine Trail, this estate offers walking distance access to award-winning wineries and iconic views of hot air balloons.
- Exceptional Hobbyist Amenities
The property features a rare nine-car garage, a soundproof music room, a private wine cellar, and a resort-style saltwater pool, catering perfectly to car enthusiasts and entertainers.
CONSRISKS & DEFICIENCIES
- Significant Undeveloped Acreage
With 3.5 of the 5 acres remaining in a natural state, the buyer faces substantial additional investment and labor to develop the land for vineyards or equestrian use.
- Short-Term Financing Terms
While seller financing is available, the one-year balloon payment requirement creates a very narrow window for refinancing, which may pose a financial risk for some buyers.
About 39520 Colleen Way
Sprawling Single Story Gated Estate in the Heart of Temecula Wine Country with Resort Style Backyard. Over 6,000 Sq Ft Residence on Five Acres. Incredible Location @ Rancho California Road Wine Trail, Walking Distance to Several Award Winning Wineries. Car Enthusiasts Bring Your Treasures! Nine Car Garage Awaits! Soundproof Room for Musical Enthusiasts and Gorgeous Wine Cellar Awaits Your Friends and Wine Enthusiasts. Multiple Patios, Large BBQ Island, Outdoor Fireplace and Two Firepits. Huge Impeccably Maintained Lawn Ready for All The Lawn Games and Entertainment. Spectacular Salt Water Pebble Tec Swimming Pool Includes Large Waterslide, Bar, Reef Entry, Waterfalls and Oversized Spa. This Remarkable Residence Includes Oversized Primary Suite with Retreat, Luxurious Bathroom, Spacious Walk-In Closet with Organizers and Dual Fireplace. This Home Offers Four Fireplaces. Huge Den/Bonus Room is Currently Used as a Sixth Bedroom, and it's Adjacent to Wonderful Home Theater. Enormous Chef's Kitchen Includes Massive Center Island. Watch the Wine Country Hot Air Balloons Soar from Your Backyard. Approximately 1.5 Acres Are Beautifully and Fully Landscaped and 3.5 Acres are Currently All Natural, Ready for Your Vineyard, Orchard, Equestrian Facilities or an Ultimate Playground?! No HOA, low property tax rate and paid solar with 72 solar panels are included! Seller might consider Seller financing with 25% down @ 4.5% interest rate with a balloon payment at one year. Seller might consider selling the property partially or fully furnished.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 218,671 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 96% |
| Baths | 7.0 | 3.0 | 100% |
| Square foot | 6,157 | 2,563.5 | 99% |
| Lot Size | 218,671 | 7,405 | 96% |
| Price | $3.69M | $808.5K | 100% |
| Price per sq ft | $600 | $356 | 96% |
| Built year | 2006 | 1999 | 78% |
| HOA | $0 | $55 | 23% |
| Days on market | 267 | 186 | 85% |
Pricing History
Listed for Sale
Jan 16, 2026
$3,695,000
$3,795,000
-3% Price Drop
Initial Listing
Price Change
Nov 13, 2025
$3,795,000
$3,974,000
-5% Price Drop
Initial Listing
Price Change
Sep 26, 2025
$3,974,000
$3,999,000
-1% Price Drop
Initial Listing
Price Change
Jun 13, 2025
$3,999,000
Initial Listing










































































