40579 New Town, Temecula, California 92591, Temecula, 92591 - 5 bed, 3 bath
40579 New Town
Temecula, California 92591
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40579 New Town Subject | $860,000* List Price | 5 | 3 | 2,588 | $331 | - |
A 40396 Calle Medusa Sold | $775,000 | 5 | 3 | 2,670 | $290 | 0.3 mi |
B 40998 Promenade Chardonnay Sold | $780,000 | 5 | 3 | 1,972 | $396 | 0.5 mi |
C 41152 Promenade Chardonnay Hills Sold | $785,000 | 4 | 3 | 2,519 | $312 | 0.8 mi |
D 31716 Weibel Circle Sold | $875,000 | 5 | 3 | 2,867 | $305 | 0.6 mi |
E 30901 Wellington Circle Sold | $860,000 | 5 | 3 | 2,670 | $322 | 0.5 mi |
F 32186 Placer Belair Sold | $825,000 | 4 | 3 | 2,591 | $318 | 0.9 mi |
G 31202 Enfield Ln Pending | $747,900 List Price | 5 | 3 | 2,351 | $318 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This property is in move-in ready condition and reflects exceptional pride of ownership. While built in 1990, it has undergone significant recent maintenance including a new AC (2023), a re-papered roof (2024), and fresh exterior paint. The interior features a modernized kitchen with granite countertops, stainless steel appliances, and updated flooring, as well as renovated bathrooms with contemporary stone tiling and fixtures, meeting the criteria for a well-maintained, updated home.
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 = 12197, living area = 2588.
- Expansive Private Lot
The property sits on a generous 12,000+ square foot lot, offering rare privacy, dedicated RV parking, and ample space for a pool or ADU.
- Recent Capital Improvements
Significant recent upgrades include a newer AC system (2023), a re-papered roof (2024), and fresh exterior paint, reducing immediate maintenance concerns for the buyer.
CONSRISKS & DEFICIENCIES
- Potential Interior Dating
Built in 1990 and maintained by original owners, the interior finishes may require modern cosmetic updates to kitchens and bathrooms to meet current luxury standards.
- Lack of Scenic Views
The property record indicates no significant views, which may be a disadvantage compared to other Temecula hillside properties that offer vineyard or valley vistas.
- Market Stigma
The 'back on market' status and history of price reductions can sometimes create a negative perception regarding the property's value or condition among cautious buyers.
About 40579 New Town
Huge RV Parking! Low Taxes! Very clean home! This home shows pride of ownership and is being offered for sale by the original owners. Discover this beautifully maintained Temecula home featuring 5 spacious bedrooms and 3 full bathrooms. This First-Time on the market home is situated on a large, private lot exceeding 12,000 square feet. Notice how the house is set back from the street and from neighbors, offering you more privacy, often not available in other homes. The property offers plenty of space for oversized RV PARKING or equipment storage, outdoor entertaining, or building your dream pool or additional dwelling unit (ADU). The recently painted exterior, newer AC (2023), and newly re-papered roof (2024) enhance its curb appeal and durability. Move-in ready, this charming residence combines comfort, versatility, and excellent potential for customization. Don't miss the opportunity to make this well-appointed home yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 82% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,588 | 2,082.5 | 71% |
| Lot Size | 12,197 | 6,970 | 81% |
| Price | $860.0K | $764.0K | 68% |
| Price per sq ft | $332 | $356 | 34% |
| Built year | 1990 | 1997 | 43% |
| HOA | $0 | $104 | 29% |
| Days on market | 155 | 180 | 40% |
Pricing History
Listed for Sale
Feb 1, 2026
$860,000
$899,000
-4% Price Drop
Initial Listing
Price Change
Oct 4, 2025
$915,000
Initial Listing
Price Change
Oct 4, 2025
$899,000
Initial Listing