39565 Spanish Oaks Drive, Temecula, California 92592, Temecula, 92592 - 4 bed, 3 bath

39565 Spanish Oaks Drive, Temecula, California 92592 home-pic-0
ACTIVE$825,000
39565 Spanish Oaks Drive, Temecula, California 92592
4Beds
3Baths
2,296Sqft
212,573Lot

Price Vs. Estimate

The estimated value ($724,594.235) is $100,405.765 (12%) lower than the list price ($825,000). This property may be overpriced.

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 = 212573, living area = 2296.
Top Cons:
Non-Standard Utilities: The property relies on septic, well, and propane, which, while common in equestrian communities, may require specific maintenance and could be less appealing to buyers accustomed to municipal services.

Compared to the nearby listings

Price:$825.0K vs avg $800.0K (+$25,000)55%
Size:2,296 sqft vs avg 2,459.5 sqft43%
Price/sqft:$359 vs avg $35653%

More Insights

Built in 1999 (26 years old).
Condition: The property, built in 1999 (25 years ago), features a kitchen with modern white cabinetry, solid surface countertops, and stainless steel appliances, indicating a significant update within the last 10-15 years. All bathrooms also appear updated with modern vanities, vessel sinks, and tiled showers/tubs. The overall interior shows minimal wear and tear with a mix of tile and hardwood flooring. While not newly built or extensively renovated within the last 5 years, the updates are substantial enough to classify it as move-in ready with well-maintained systems and contemporary finishes, aligning with the 'good' condition criteria.
Year Built
1999
Close
-
List price
$825K
Original List price
$869K
Price/Sqft
$359
HOA
$79
Days on market
-
Sold On
-
MLS number
SW25056759
Home ConditionGood
Features
Excellent View: Hills, Mountain(s), Neighborhood, Panoramic
Deck
Pool
Spa
ViewHills, Mountain(s), Neighborhood, Panoramic

About this home

Beautiful single story home located amidst the peace and quiet of Spanish Hills Ranchos. Sitting on almost five acres this home offers a spacious single story floor plan with an abundance of room for entertaining or relaxing while enjoying the sweeping panoramic views. Located adjacent to Temecula Wine Country you experience the feeling of living in wide open spaces while still being close enough to vibrant Temecula. The home has an open feel with an inviting entryway with a spacious family room and separate dining room. The kitchen has tasteful white cabinetry and a center island providing plenty of cabinet and counter space. The primary bedroom suite opens directly onto the oversized attached deck where you can enjoy the private spa the cool evening breezes and magnificent star-filled skies at night. The primary bathroom includes a soaker tub, walk-in shower and walk-in closet. There are three additional bedrooms and 2 baths. The large custom deck is partially covered and in addition to the spa there is a BBQ and putting green. The low maintenance yard includes synthetic grass. Save on your electric bills with fully owned solar. The 360 degree yard wraps entirely around the home and features vinyl fencing and landscape irrigation. Entering onto the property there is a 20 foot iron gate with the driveway leading to a detached garage and approach to the home. The home is on a permanent foundation and is on septic, well and propane which is common to this equestrian community. The property offers the option of short term rentals and sits outside of the Temecula Wine Country Plan zone. Come on out for a visit and see what Spanish Hills Ranchos has to offer!

Condition Rating
Good

The property, built in 1999 (25 years ago), features a kitchen with modern white cabinetry, solid surface countertops, and stainless steel appliances, indicating a significant update within the last 10-15 years. All bathrooms also appear updated with modern vanities, vessel sinks, and tiled showers/tubs. The overall interior shows minimal wear and tear with a mix of tile and hardwood flooring. While not newly built or extensively renovated within the last 5 years, the updates are substantial enough to classify it as move-in ready with well-maintained systems and contemporary finishes, aligning with the 'good' condition criteria.
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 = 212573, living area = 2296.
Expansive Acreage & Privacy: Situated on almost five acres in Spanish Hills Ranchos, the property offers significant space, privacy, and a desirable rural lifestyle adjacent to Temecula Wine Country.
Panoramic Views: Enjoy sweeping panoramic views and magnificent star-filled skies from the property, enhancing its aesthetic appeal and tranquility.
Income Potential: The property offers the option for short-term rentals and is located outside the Temecula Wine Country Plan zone, providing potential for additional income.
Energy Efficiency: Equipped with a fully owned solar system, the home offers significant savings on electric bills.
Extensive Outdoor Living: Features an oversized attached deck with a private spa, BBQ, and putting green, perfect for entertaining and relaxation.

Cons

Non-Standard Utilities: The property relies on septic, well, and propane, which, while common in equestrian communities, may require specific maintenance and could be less appealing to buyers accustomed to municipal services.
Lack of Cooling System Mention: The description highlights 'cool evening breezes' but does not explicitly mention an air conditioning system, which could be a significant drawback during hot Temecula summers.
Potential Overpricing: The current listing price of $825,000 is notably higher than the estimated property value of $724,594, suggesting it may be overpriced relative to market estimations.

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