40575 Calle Fiesta, Temecula, California 92591, Temecula, 92591 - 5 bed, 4 bath

40575 Calle Fiesta, Temecula, California 92591 home-pic-0
ACTIVE$1,125,000
40575 Calle Fiesta, Temecula, California 92591
5Beds
4Baths
2,835Sqft
29,621Lot

Price Vs. Estimate

The estimated value ($427,334.255) is $697,665.745 (62%) lower than the list price ($1,125,000). 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 = 29621, living area = 2835.
Top Cons:
Property Age & Potential for Updates: Built in 1988, the home is over 35 years old, and while some features are highlighted, a comprehensive renovation status is not specified, suggesting potential for future updates to systems or aesthetics.

Compared to the nearby listings

Price:$1.12M vs avg $740.0K (+$385,000)90%
Size:2,835 sqft vs avg 2,042 sqft81%
Price/sqft:$397 vs avg $36664%

More Insights

Built in 1988 (37 years old).
Condition: The property, built in 1988, is well-maintained and functional, but the interior finishes, especially in the kitchen and bathrooms, are stylistically dated. The kitchen features light wood cabinets and dark granite countertops, along with a black electric cooktop, which were popular 15-20 years ago. The bathrooms have tiled countertops and mosaic backsplashes, indicating a similar renovation period. While the home is clean and includes a recent solar panel installation (2022), it has not undergone a full, recent renovation to meet current quality standards. It is move-in ready but would benefit from minor updates to modernize the aesthetics of key areas.
Year Built
1988
Close
-
List price
$1.13M
Original List price
$1.15M
Price/Sqft
$397
HOA
$297
Days on market
-
Sold On
-
MLS number
SW25066727
Home ConditionFair
Features
Good View: Meadow
Deck
Pool
Spa
Patio
ViewMeadow

About this home

Meadowview pool home with RV access and space for horses. The home has 3 levels. On the main level there is a living room and family room off the kitchen, a formal dining room and a powder room. Upstairs there are 4 bedrooms and 2 baths. Downstairs there is an additional room, bathroom and suite/bedroom. There is a door off the bathroom that leads to the side yard for it's own entry to the downstairs floor if desired. Could be great for renting out or family members. The backyard oasis has an outdoor kitchen off of the pool. Large baja step in the pool for relaxing, try the slide down to the pool for some fun. Thee is a deck off the main floor with a beautiful view and trails behind the home. 28 Solar panels on the home to be paid off through escrow. Solar info in supplements of listing. Installed 10/22. On a culdesac. Low tax rate. In the award winning Temecula Valley Unified School District. This premiere equestrian community centrally located in Temecula features custom homes surrounded by 23 miles of trails for biking, hiking and horseback riding. The facilities include equestrian arena, 2 pools, spa, 2 pickleball courts, 4 tennis courts, 2 basketball courts, tot lot and a clubhouse. Check out the 360 tour link.

Condition Rating
Fair

The property, built in 1988, is well-maintained and functional, but the interior finishes, especially in the kitchen and bathrooms, are stylistically dated. The kitchen features light wood cabinets and dark granite countertops, along with a black electric cooktop, which were popular 15-20 years ago. The bathrooms have tiled countertops and mosaic backsplashes, indicating a similar renovation period. While the home is clean and includes a recent solar panel installation (2022), it has not undergone a full, recent renovation to meet current quality standards. It is move-in ready but would benefit from minor updates to modernize the aesthetics of key areas.
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 = 29621, living area = 2835.
Extensive Community Amenities: The property is located in a premiere equestrian community offering 23 miles of trails, an equestrian arena, 2 pools, spa, 2 pickleball courts, 4 tennis courts, 2 basketball courts, a tot lot, and a clubhouse.
Flexible Multi-Generational Living: The 3-level home features a downstairs suite/bedroom with its own entry, providing excellent potential for multi-generational living or rental income.
Resort-Style Outdoor Living: The backyard boasts an 'oasis' with a pool, baja step, slide, and an outdoor kitchen, complemented by a deck with a beautiful view, perfect for entertaining.
Significant Energy Savings: Equipped with 28 paid-off solar panels (installed in October 2022), offering substantial long-term energy cost reductions.
Equestrian & RV Capabilities on Large Lot: The property provides RV access and space for horses on a generous 29,621 sqft lot, appealing to specific lifestyle needs and offering ample outdoor space.

Cons

Property Age & Potential for Updates: Built in 1988, the home is over 35 years old, and while some features are highlighted, a comprehensive renovation status is not specified, suggesting potential for future updates to systems or aesthetics.
Multi-Level Accessibility: The 3-level floor plan, while offering ample space, may present accessibility challenges or be less desirable for buyers preferring single-story living or fewer stairs.
Higher Association Fees: The monthly association fee of $297 is notably higher than some comparable properties in the area, representing a significant ongoing cost for the homeowner.

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