42045 Veneto Drive, Temecula, California 92591, Temecula, 92591 - 4 bed, 3 bath

42045 Veneto Drive
Temecula, California 92591
Property Price
SUMMARY
Analysis of 42045 Veneto Drive, Temecula, California 92591 reveals a Fairly Priced Property with a current list price of $650,000 aligned with the estimated $666,412 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Temecula Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42045 Veneto Drive Subject | $650,000* List Price | 4 | 3 | 1,985 | $336 | - |
A 42124 Veneto Drive Sold | $645,000 | 4 | 3 | 1,985 | $325 | 0.1 mi |
B 42134 Veneto Drive Sold | $610,000 | 3 | 3 | 2,060 | $296 | 0.1 mi |
C 29634 Ramsey Court Sold | $690,000 | 4 | 3 | 1,856 | $372 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that includes a modern kitchen with brand-new quartz countertops and stainless steel appliances. With new vinyl plank flooring, plush carpeting, updated light fixtures, and a new water heater, the home meets the criteria for a fully remodeled property with no deferred maintenance and modern finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodel
The property features extensive recent upgrades including quartz countertops, brand-new stainless steel appliances, and fresh flooring throughout, offering a completely move-in-ready experience.
- Strategic Location
Ideally situated near Old Town Temecula, Wine Country, and the I-15 freeway, providing residents with premier access to top-tier dining, entertainment, and commuting routes.
- Gated Community Amenities
Located within a secure gated community, the home offers added safety and exclusive access to neighborhood perks including a sparkling pool and private park.
CONSRISKS & DEFICIENCIES
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2613, living area = 1985.
- Limited Outdoor Space
With a lot size of just 2,613 square feet, the private outdoor area is primarily limited to a small patio, which may not satisfy buyers seeking a large traditional backyard.
- High-Density Setting
The compact lot and gated community layout result in close proximity to neighboring residences, which can impact overall privacy and noise levels.
About 42045 Veneto Drive
Welcome to this stunning, newly remodeled 4-bedroom, 2.5-bath residence nestled within a centrally located gated community in Temecula. Thoughtfully upgraded and beautifully refreshed, this light-filled home offers the perfect blend of modern elegance, comfort, and functionality—ideal for growing families or anyone seeking refined living. Step inside to discover a bright, open-concept floor plan designed for both everyday living and effortless entertaining. The spacious living area flows seamlessly into a beautifully appointed kitchen featuring sleek quartz countertops, abundant cabinetry, fresh designer paint, and brand-new stainless steel appliances. Every detail has been carefully curated, including new plank vinyl flooring downstairs, plush new carpet upstairs, updated light fixtures and ceiling fans, new baseboards, modern door hardware, stylish faucets, new mirrors and blinds —creating a truly turnkey experience. Upstairs, you’ll find four generously sized bedrooms, including a spacious primary suite. Enjoy a spacious en-suite bath and ample closet space designed for comfort and convenience. Additional upgrades provide peace of mind, including a new water heater, updated smoke and carbon monoxide detectors, and a smart garage door opener with Wi-Fi and Bluetooth connectivity. Step outside to your private tiled patio—perfect for morning coffee. The home’s exterior has been professionally pressure washed, enhancing its pristine curb appeal. Residents also enjoy access to wonderful community amenities, including a sparkling pool and neighborhood park. Ideally located just minutes from award-winning schools, shopping, dining, the charm of Old Town Temecula, the excitement of Pechanga Resort & Casino, renowned Temecula Valley Wine Country wineries, and convenient access to the I-15 freeway, this exceptional home truly offers the best of Southern California living. Elegant, move-in ready, and perfectly located—this is the home you’ve been waiting for.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 2,613 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $115.0 / Month
Neighborhood Insights
Temecula Unified Schools
Temecula Elementary School
Grades K-5 • 0.3 mi
Margarita Middle School
Grades 6-8 • 0.7 mi
Temecula Valley High School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,985 | 2,071.5 | 41% |
| Lot Size | 2,613 | 6,970 | 4% |
| Price | $650.0K | $760.0K | 23% |
| Price per sq ft | $327 | $356 | 29% |
| Built year | 2001 | 1997 | 61% |
| HOA | $115.0 | $109 | 51% |
| Days on market | 18 | 179 | 1% |
Pricing History
Listed for Sale
Feb 17, 2026
$650,000
Initial Listing
Sold
Sep 28, 2001
$195,500
Public Record


























