42768 Santa Suzanne Place, Temecula, California 92592, Temecula, 92592 - 3 bed, 4 bath
ACTIVE$940,000
42768 Santa Suzanne Place, Temecula, California 92592
3Beds
4Baths
3,273Sqft
8,276Lot
Price Vs. Estimate
The estimated value ($894,316.33) is $45,683.67 (4%) lower than the list price ($940,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Lakefront Location & Views: The property boasts a prime lakefront position in Lake Village, offering panoramic water, hill, and mountain views that fill the main living space, complemented by a multi-level deck ideal for relaxation and entertaining.
Top Cons:
Property Age: Built in 1973, the home's age may suggest a need for potential updates to systems or aesthetics to align with modern buyer preferences and avoid higher maintenance costs.
Compared to the nearby listings
Price:$940.0K vs avg $800.0K (+$140,000)70%
Size:3,273 sqft vs avg 2,472.5 sqft77%
Price/sqft:$287 vs avg $35514%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this property shows signs of updates but retains many original or older features. The kitchen has updated flooring and some stainless appliances, but the cabinet style, dark granite countertops, black subway tile backsplash, and especially the large fluorescent grid lighting are significantly dated. Bathrooms also appear to have older fixtures and finishes. While the property is well-maintained and move-in ready, it has not undergone a full recent renovation and many components are outdated, aligning with the 'fair' condition criteria.
Year Built
1973
Close
-
List price
$940K
Original List price
$1.09M
Price/Sqft
$287
HOA
$110
Days on market
-
Sold On
-
MLS number
SW25129858
Home ConditionFair
Features
Excellent View: Hills, Lake, Mountain(s), Water
Deck
ViewHills, Lake, Mountain(s), Water
About this home
Lakefront home in Lake Village with panoramic water views that fill the main living space. Approx. 3,273 sq ft with 3 bedrooms and 3.5 baths. Upstairs includes a primary suite with walk-in closet, en suite bath, and sunroom access. A second en suite bedroom also opens to the sunroom; third bedroom is across from the hall bath. Decorative fireplaces in both the primary suite and library. Multi-level deck just steps from the water is ideal for relaxing, entertaining, or enjoying 4th of July fireworks. Leased solar (approx. $188/month through 2036). Low taxes at approx. 1.03% and low HOA at $110/month. Community amenities include pool, clubhouse, tennis courts, fishing, and more. Close to the freeway, Old Town Temecula, and a short drive to Wine Country.
Nearby schools
/10
Vail Elementary School
Public,•K-5•0.2mi
7/10
Margarita Middle School
Public,•6-8•1.3mi
8/10
Temecula Valley High School
Public,•9-12•1.2mi
Condition Rating
Fair
Built in 1973, this property shows signs of updates but retains many original or older features. The kitchen has updated flooring and some stainless appliances, but the cabinet style, dark granite countertops, black subway tile backsplash, and especially the large fluorescent grid lighting are significantly dated. Bathrooms also appear to have older fixtures and finishes. While the property is well-maintained and move-in ready, it has not undergone a full recent renovation and many components are outdated, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Exceptional Lakefront Location & Views: The property boasts a prime lakefront position in Lake Village, offering panoramic water, hill, and mountain views that fill the main living space, complemented by a multi-level deck ideal for relaxation and entertaining.
Comprehensive Community Amenities: Residents benefit from a wide array of community amenities including a pool, clubhouse, tennis courts, and fishing, enhancing lifestyle and recreational opportunities.
Favorable Financial Structure: The home features attractive ongoing costs with low property taxes at approximately 1.03% and a low monthly HOA fee of $110.
Spacious & Functional Interior: With approximately 3,273 sq ft, 3 bedrooms, and 3.5 baths, the home offers ample living space, including a primary suite with a walk-in closet, en suite bath, and sunroom access, providing comfort and privacy.
Strategic Temecula Location: Conveniently located close to the freeway, historic Old Town Temecula, and a short drive to Wine Country, offering easy access to local attractions and transportation.
Cons
Property Age: Built in 1973, the home's age may suggest a need for potential updates to systems or aesthetics to align with modern buyer preferences and avoid higher maintenance costs.
Leased Solar System: The solar system is leased at an approximate cost of $188/month through 2036, representing an ongoing financial commitment rather than an owned asset, which could be a consideration for buyers.
Significant Price Reductions: The property has undergone substantial price reductions from its original list price of $1,095,000 to $940,000, which might indicate market resistance or perceived overvaluation.