40110 N Preakness Court, Aguanga, California 92536, Aguanga, 92536 - 4 bed, 3 bath
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40110 N Preakness Court
Aguanga, California 92536
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,160Sq Ft
125,888Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$653,114
11% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $575,000—positioned well below the $653,114 Fair Market Value by 11%. This valuation gap offers $78,114 in Instant Equity. Featuring a Mint Condition Rating with a new roof, dual-fuel HVAC, and modern LVP flooring, this property offers a 2.89-acre lot with panoramic mountain views and direct trail access. It is an ideal sanctuary for Owner-Occupants seeking equestrian lifestyle or Buy-and-Hold Investors valuing community amenities like the private airstrip.
Estimated Market Value
$653,114+$78,114 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Aguanga.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40110 N Preakness Court Subject 4 bd · 3 ba · 2,160 sqft · $302 | $575,000* List Price | 4 | 3 | 2,160 | $302 | - |
A 40757 Brook Trails Sold 3 bd · 2 ba · 1,954 sqft · $314 · 0.9 mi | $614,000 | 3 | 2 | 1,954 | $314 | 0.9 mi |
B 49450 Forest Springs Active 3 bd · 2 ba · 1,948 sqft · $334 · 0.9 mi | $649,999 List Price | 3 | 2 | 1,948 | $334 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (less than 5 years) including a new roof, new dual-fuel HVAC, new LVP flooring, and updated kitchen/bath counters and fixtures. Despite being built in 2004, the extensive mechanical and cosmetic upgrades place it in mint, move-in-ready condition.
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 = 125888, living area = 2160.
- Extensive Modern Upgrades
The home is in turnkey condition featuring a new roof, dual-fuel HVAC system, LVP flooring, and fully remodeled kitchen and bathrooms with professional cabinetry and new fixtures.
- Premier Lot and Trail Access
Situated on a private 2.89-acre flag lot at the end of a cul-de-sac, the property offers direct access to National Forest trails, making it an ideal location for equestrian and hiking enthusiasts.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Recently Sold Property
The property was recently sold within the past year on 2025-10-21. The sold price is $540,000.00.
- Remote Location
The property is approximately 25 minutes away from major shopping and dining in Temecula, which may be a drawback for buyers seeking urban convenience or shorter commutes.
About 40110 N Preakness Court
Absolutely Prime Location at the base of the Gorgeous Cahuilla Mountain in the Lake Riverside Estates Community. This home has been UPGRADED throughout!!!! Let's list the highlights first: NEW ROOF, NEW EXTERIOR AND INTERIOR PAINT, NEW LVP FLOORING AND BASEBOARDS, NEW DUAL FUEL HVAC, NEW KITCHEN AND BATH COUNTERS AND FIXTURES, PROFESSIONALLY PAINTED CABINETRY, WELL UPGRADES, NEW PERIEMTER FENCING (6FT) AND OMGOODNES THE VIEWS!!!!!!!!! You are literally the last house at the north end of the community with DIRECT TRAILS ACCESS to National Forest Trails on the Cahuilla Mountain. Hikers and Horseback Rider's Dream!!!!! LOTS of ROOM FOR HORSES!!! Spacious and Bright Floorplan with large entry living room space opening to an open floorplan with remodeled kitchen, dining room and family room!! Lots of light and windows to take in all of those gorgeous views!!!! SO PRIVATE at the end of a cul de sac and flag lot entry (gated). This home offers 4 bedrooms, 3 full bathrooms, indoor laundry and attached oversize 2 car garage. Not only is the entire property fenced, but there is also a wonderful, large fully fenced back yard area with spacious concrete patio. This home is "cleared" for fire safety and in excellent condition. There are mature trees, and the front deck offers gorgeous sweeping mountain and valley views!!! Facing east, watch the sun rise or enjoy a shaded area at the end of the day. The Lake Riverside Estates Community offers a lake, picnic areas, walking trails, pool, tot lot, equestrian arena and round pen AND a private 3600 ft lighted airstrip!! Cal Fire is located directly inside the community gates and response time is fast! Temecula is approximately 25 min down the hill for major shopping and dining. The closer town of Anza offers hardware stores, restaurants, casino, churches, schools and more! Price well and ready to just move in and start living!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 125,888 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $175.0 / Month
Neighborhood Insights
Aguanga Unified Schools
Mcsweeny Elementary School
Grades K-5 • 16.4 mi
3/10
Diamond Valley Middle School
Grades 6-8 • 16.2 mi
3/10
Aspire Community Day
Grades 7-12 • 16.3 mi
1/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,160 | 2,102.25 |
| Lot Size | 125,888 | 118,755.475 |
| Price | $575.0K | $677.0K |
| Price per sq ft | $266 | $339 |
| Built year | 2004 | 1997 |
| HOA | $175.0 | $171 |
| Days on market | 45 | 76 |
Pricing History
Listed for Sale
Sep 10, 2026
$575,000
Initial Listing
Sold
Oct 21, 2025
$540,000
Public Record
Sold
Mar 13, 2023
$360,000
Public Record
Sold
Feb 2, 2005
$365,000
Public Record
Sold
Nov 19, 2003
$53,000
Public Record