40435 Chauncey, Temecula, California 92591, Temecula, 92591 - 4 bed, 3 bath
Loading property details...
Temecula, California 92591
This property presents a High-Potential Investment Opportunity with a List Price of $693,000—positioned well below the $469,026 Fair Market Value by -47%. While the property requires cosmetic updates, its Fair Condition Rating and 2,116 sq ft layout provide a clear path to forced appreciation. Featuring a private pool, 3-car garage, and no HOA, this asset is primed for value-add strategies. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to build significant equity in the Temecula Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40435 Chauncey Subject | $693,000* List Price | 4 | 3 | 2,116 | $222 | - |
A 31808 Valone Court Sold | $667,000 | 4 | 3 | 2,763 | $241 | 0.5 mi |
B 40219 Donomore Sold | $700,000 | 4 | 3 | 2,608 | $268 | 0.8 mi |
C 40224 Holden Circle Sold | $610,000 | 5 | 3 | 2,626 | $232 | 0.7 mi |
D 30318 Deer Meadow Active | $699,900 List Price | 4 | 3 | 2,210 | $317 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old), the property falls into the >30y category. While the kitchen features some updates like stainless steel appliances, the listing explicitly states the home needs TLC and cosmetic updating, specifically targeting investors and flippers for a rehab project to build sweat equity.
The property features a private backyard complete with a sparkling pool, built-in BBQ island, and a storage shed, offering an ideal space for summer entertaining.
Priced aggressively below market value with the added benefit of no HOA fees and low taxes, providing significant equity potential and lower monthly overhead for the buyer.
Boasting over 2,100 sq ft with high ceilings and a rare 3-car garage, the home provides a spacious floor plan and ample storage in a prime, central Temecula location.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The home requires TLC and cosmetic updating throughout, which will necessitate an immediate investment of time and capital to bring it to modern standards.
Given the 1988 build date and the 'investor-friendly' pricing, the property likely has original systems or deferred maintenance that may require more than just aesthetic repairs.
Welcome to this spacious 4 bedroom, 2.5 bathroom pool home centrally located in the heart of Temecula!! Featuring approximately 2,116 sq ft of living space on a 7,405 sq ft lot, this home offers high ceilings, a remodeled kitchen, cozy fireplace, and a highly desirable 3 car garage. Step outside to your private backyard complete with a sparkling pool, outdoor BBQ island, storage/she shed, and plenty of room to entertain family and friends all summer long!! Conveniently located near shopping, Wine Country, restaurants, schools, and easy freeway access, this home also benefits from low taxes and NO HOA!! The property does need some TLC and cosmetic updating, which is reflected in the aggressive below-market pricing, making this an incredible opportunity for investors, flippers, or buyers looking to build sweat equity in a fantastic location!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,116 | 2,202 | 44% |
| Lot Size | 7,405 | 6,970 | 51% |
| Price | $693.0K | $775.0K | 29% |
| Price per sq ft | $328 | $370 | 29% |
| Built year | 1988 | 2000 | 26% |
| HOA | $0 | $137 | 24% |
| Days on market | 0 | 155 | 3% |
May 15, 2026
$693,000
Initial Listing
May 3, 2002
$285,000
Public Record