42140 Lyndie Lane 24, Temecula, California 92591, Temecula, 92591 - 2 bed, 2 bath
ACTIVE$319,000
42140 Lyndie Lane 24, Temecula, California 92591
2Beds
2Baths
1,004Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: The condominium boasts a highly desirable central location, offering immediate access to Old Town Temecula, Temecula Wine Country, The Promenade Mall, and Temecula Town Center, providing abundant entertainment, shopping, and dining options.
Top Cons:
High Association Fees: The monthly association fee of $633.00 is substantial for a 1004 sqft condominium, which could impact affordability and appeal to budget-conscious buyers, despite the included utilities.
Compared to the nearby listings
Price:$319.0K vs avg $615.0K ($-296,000)3%
Size:1,004 sqft vs avg 1,520 sqft6%
Price/sqft:$318 vs avg $3986%
More Insights
Built in 1993 (32 years old).
Condition: Built in 1993, this condominium is well-maintained and features a recently replaced AC unit, which is a significant positive. However, the kitchen and bathrooms, while functional, are largely original to the build era with dated cabinets, countertops, tile flooring, and light fixtures (e.g., fluorescent panel in kitchen, gold-framed shower doors). The laminate flooring in the main living areas is a more recent update, but the overall aesthetic requires cosmetic renovations to align with current styles and preferences.
Year Built
1993
Close
-
List price
$319K
Original List price
$338K
Price/Sqft
$318
HOA
$633
Days on market
-
Sold On
-
MLS number
PW25190801
Home ConditionFair
Features
Good View: Park/Greenbelt, Pool
Deck
ViewPark/Greenbelt, Pool
About this home
Welcome to this prime location charming 2 bedrooms and 2 Baths condominium. Enjoy being just steps away from your resort style pool. This property is located in the center of all, close to famous All Town Temecula for great entertainment and shopping, well known Temecula Wine Country, the promenade Mall, walking distance to Temecula Town Center with a great variety of shops and restaurants. Close enough but far enough of major freeways. This upper unit has a large balcony with views of green areas and pool. Great place to live in or best investment property. Association fees includes water ,trash and common areas maintenance. Air conditioning unit was replaced within a year.
Condition Rating
Fair
Built in 1993, this condominium is well-maintained and features a recently replaced AC unit, which is a significant positive. However, the kitchen and bathrooms, while functional, are largely original to the build era with dated cabinets, countertops, tile flooring, and light fixtures (e.g., fluorescent panel in kitchen, gold-framed shower doors). The laminate flooring in the main living areas is a more recent update, but the overall aesthetic requires cosmetic renovations to align with current styles and preferences.
Pros & Cons
Pros
Prime Location & Accessibility: The condominium boasts a highly desirable central location, offering immediate access to Old Town Temecula, Temecula Wine Country, The Promenade Mall, and Temecula Town Center, providing abundant entertainment, shopping, and dining options.
Community Amenities: Residents benefit from direct access to a resort-style pool, enhancing the lifestyle appeal and recreational opportunities within the community.
Recent HVAC Upgrade: A significant recent upgrade includes an air conditioning unit replaced within the last year, providing modern climate control and reducing immediate maintenance concerns for a major system.
Inclusive HOA Benefits: The association fees cover essential utilities such as water and trash, along with common area maintenance, simplifying monthly budgeting for residents.
Investment Potential: The property is explicitly highlighted as a 'great place to live in or best investment property,' suggesting strong rental demand or potential for appreciation in the desirable Temecula market.
Cons
High Association Fees: The monthly association fee of $633.00 is substantial for a 1004 sqft condominium, which could impact affordability and appeal to budget-conscious buyers, despite the included utilities.
Price Reduction History: The property has undergone multiple price reductions, from an original list price of $338,000 down to $319,000, which may signal initial overpricing or a challenging market perception, potentially affecting buyer confidence.
Property Age & Potential for Updates: Built in 1993, the condominium is over 30 years old. While the AC unit is new, other interior elements (e.g., kitchen, bathrooms, flooring) may be original or dated, potentially requiring significant renovation investments for modern appeal.