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

39520 Colleen Way, Temecula, California 92592 home-pic-0
ACTIVE$3,795,000
39520 Colleen Way, Temecula, California 92592
6Beds
7Baths
6,157Sqft
218,671Lot
Year Built
2006
Close
-
List price
$3.79M
Original List price
$4M
Price/Sqft
$616
HOA
-
Days on market
-
Sold On
-
MLS number
ND25112809
Home ConditionGood
Features
Excellent View: Hills, Mountain(s), Neighborhood, Trees/Woods
Pool
Spa
Patio
ViewHills, Mountain(s), Neighborhood, Trees/Woods

About this home

We found 3 Cons,6 Pros. Rank: price - $3.79M(100th), sqft - 6157(99th), beds - 6(96th), baths - 7(99th).

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!

Price History

Date
Event
Price
11/13/25
Price Change
$3,795,000-4.5%
09/26/25
Price Change
$3,974,000-0.6%
06/13/25
$3,999,000
Condition Rating
Good
Built in 2006, this property is 18 years old, fitting the 'Good' category's age range. The home is meticulously maintained with high-end finishes throughout. The 'Enormous Chef's Kitchen' features professional-grade stainless steel appliances, extensive dark wood cabinetry, and granite countertops, all in excellent condition, reflecting a luxurious traditional style from its era. Bathrooms are equally luxurious with dual vanities, granite, large soaking tubs, and spacious tiled showers, showing minimal wear. Flooring, light fixtures, and all major systems appear well-maintained and functional. The property is move-in ready with no immediate renovations required, and benefits from modern upgrades like paid solar panels.
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 = 218671, living area = 6157.
Unbeatable Wine Country Location: Situated in the heart of Temecula Wine Country, this estate offers direct access to the Rancho California Road Wine Trail and is within walking distance to several award-winning wineries, providing a highly desirable lifestyle.
Extensive Luxury Amenities: The property boasts a resort-style backyard with a saltwater Pebble Tec pool, waterslide, bar, waterfalls, oversized spa, BBQ island, outdoor fireplace, and two firepits. Interior luxuries include a 9-car garage, soundproof room, wine cellar, home theater, and an enormous chef's kitchen.
Significant Land & Development Potential: Spanning five acres, with 3.5 acres currently natural, the property offers immense potential for a vineyard, orchard, equestrian facilities, or further personalized development, appealing to diverse luxury interests.
Financial Advantages & Efficiency: Benefiting from no HOA fees, a low property tax rate, and a fully paid solar system with 72 panels, this estate offers substantial long-term cost savings and environmental benefits.
Grand & Well-Appointed Residence: This sprawling 6,157 sq ft single-story gated estate features 6 bedrooms, 7 bathrooms, four fireplaces, an oversized primary suite with a luxurious bathroom and spacious walk-in closet, and a huge den/bonus room, providing ample space and comfort.

Cons

High Maintenance Requirements: The extensive 1.5 acres of beautifully landscaped grounds, coupled with the elaborate resort-style backyard and large residence, will demand significant ongoing maintenance, time, and financial investment.
Niche Market Appeal: The highly specialized luxury features such as the 9-car garage, soundproof room, and wine cellar, while impressive, cater to a very specific buyer demographic, potentially narrowing the pool of interested purchasers and extending market time.
Recent Price Reductions: Multiple price adjustments from the original listing price of $3.999M to the current $3.795M may indicate initial overvaluation or market resistance, potentially impacting perceived value or future appreciation.

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