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40685 La Colima Road, Temecula, California 92591, Temecula, 92591 - 3 bed, 2 bath

40685 La Colima Road, Temecula, California 92591 home-pic-0
ACTIVE$1,100,000
40685 La Colima Road, Temecula, California 92591
3Beds
2Baths
2,100Sqft
49,223Lot
Year Built
1981
Close
-
List price
$1.1M
Original List price
$1.3M
Price/Sqft
$524
HOA
$118
Days on market
-
Sold On
-
MLS number
SW25188473
Home ConditionGood
Features
Good View: Pool, Trees/Woods
Pool
Spa
Patio
ViewPool, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(88th), sqft - 2100(51th), beds - 3(41th), baths - 2(25th).

Beautiful Meadowview Equestrian Property!.....Rare find in the heart of Temecula. Welcome to this stunning single level ranch home situated on over an acre in the highly sought after community of Meadowview. Offering approx. 2100 sq feet of living space, this property is ideal for both relaxing and entertaining. The home features a sparkling pool and spa, along with a wood fired pizza oven- perfect for gatherings of friends and family. Additional potential for the 5th bedroom/bonus room to be converted into an ADU as it features its own entrance and can be closed off to rest of home if desired. Equestrian enthusiasts will love the corrals, stalls, arena, and a tack room complete with wash rack, providing everything needed for horses right at home. This spacious parcel offers plenty of room to enjoy country living while still being close to all city conveniences. Located in Meadowview one of Temecula's most desirable neighborhoods, residents also enjoy community amenities including a pool, pickleball courts, a clubhouse, and miles of riding trails.

Price History

Date
Event
Price
09/23/25
Price Change
$1,100,000-8.2%
09/10/25
Price Change
$1,198,000-7.8%
08/20/25
Listing
$1,300,000
Condition Rating
Good
Built in 1981, this property has undergone significant and tasteful renovations in key areas. The kitchen features modern white shaker cabinets, stainless steel appliances, and contemporary pendant lighting. The bathrooms are also updated with modern vanities, fixtures, and stylish tile work, suggesting renovations within the last 5-15 years. While some flooring in the main living areas (e.g., large format tile) might be slightly older, it appears well-maintained. The property is move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria for a home of its age with substantial updates.
Pros & Cons

Pros

Equestrian Facilities: The property is fully equipped for equestrian enthusiasts, featuring corrals, stalls, an arena, a tack room with a wash rack, and access to community riding trails, making it a rare find.
Expansive Outdoor Living & Entertainment: Situated on over an acre, the property boasts a sparkling pool, spa, and a unique wood-fired pizza oven, creating an ideal setting for relaxation and entertaining.
ADU Potential: The 5th bedroom/bonus room with its own entrance offers significant potential for conversion into an Accessory Dwelling Unit (ADU), guest suite, or dedicated home office, adding versatility and value.
Desirable Community Amenities: Located in the highly sought-after Meadowview community, residents benefit from exclusive access to a community pool, pickleball courts, a clubhouse, and extensive riding trails.
Single-Level Ranch Home: The single-level ranch home design offers broad appeal, providing comfortable living, easy accessibility, and a classic aesthetic on a spacious lot.

Cons

Property Age: Built in 1981, the home is over 40 years old, which may necessitate updates to major systems or interior finishes to meet modern buyer preferences, despite its current appeal.
Significant Price Reductions: The property has undergone substantial price reductions from an original list price of $1.3M to $1.1M, potentially indicating initial overpricing or a slower market response.
Modest Bedroom Count for Lot Size: With 3 bedrooms (plus potential 4th/5th) and 2100 sq ft on an over one-acre equestrian lot, some buyers seeking a larger primary residence to match the expansive land and amenities might find the bedroom count modest.

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