42950 Virgo Court, Temecula, California 92592, Temecula, 92592 - 3 bed, 2 bath
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Temecula, California 92592
This Value-Add Single-Story Residence offers a strategic entry into South Temecula, listed at $599,999 relative to a $534,858 Fair Market Value. With a Condition Rating of 5, the home remains largely original, presenting a significant opportunity for forced appreciation through a comprehensive rehab. The expansive 12,197 sqft lot provides exceptional privacy with a natural hillside view and no rear neighbors. Located near Top-Rated Schools including Temecula Valley High, this asset is perfectly suited for Fix-and-Flip Investors or first-time buyers eager to trade sweat equity for a custom-designed home in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42950 Virgo Court Subject | $599,999* List Price | 3 | 2 | 1,210 | $442 | - |
A 29971 Villa Alturas Drive Sold | $635,000 | 3 | 2 | 1,275 | $498 | 0.8 mi |
B 43027 Argo Ct Sold | $550,000 | 2 | 1 | 953 | $577 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old), the property is largely original and exceeds the 30-year threshold for its primary systems and interior finishes. While it features minor updates like new kitchen countertops and a bathtub, the original oak cabinetry, popcorn ceilings, and dated flooring indicate a need for a comprehensive rehab to modernize the home.
Situated on a quiet cul-de-sac in highly desirable South Temecula, this property offers exceptional privacy with no rear neighbors and a peaceful natural hillside backdrop.
Offered at an attractive entry-level price point, the home's largely original condition provides a significant opportunity for buyers to build immediate equity through personalized renovations.
The functional single-level floor plan is in high demand, offering accessibility and broad appeal for first-time buyers, downsizers, and investors alike.
Aside from minor kitchen and bath updates, the home remains mostly in its 1985 state, which may require substantial capital for modernizing cosmetic and mechanical elements.
At 1,210 square feet, the living space is relatively compact for a three-bedroom home, which may feel restrictive for growing families or those requiring large common areas.
Welcome to 42950 Virgo Ct, Temecula, a single story 3 bedroom, 2 bath home ideally situated in highly desirable South Temecula. Located on a quiet cul de sac with no rear neighbors, this property backs to a natural hillside and gully area, offering added privacy and a peaceful backdrop. The home features a functional floor plan with recently updated kitchen countertops and a newly installed bathtub in the hallway bathroom, while the remainder of the home remains largely original, providing an excellent opportunity to renovate and design to your own style over time. This is a smart option for buyers looking to build equity in one of Temecula’s most established neighborhoods without paying a premium for a fully remodeled property. The location offers convenient freeway access and is just minutes from award winning schools, shopping, dining, and Temecula Wine Country. Nearby Ronald Reagan Sports Park offers a wide range of recreational amenities including athletic fields, playground areas, aquatic facilities, and community gathering spaces. The area is also well known for its annual 4th of July fireworks celebration. Offered at $599,999, this is an outstanding opportunity to purchase a single story home in South Temecula at an attractive entry point. A rare opportunity combining privacy, location, and long term potential. This truly is a home you won’t want to miss.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 31% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,210 | 2,418 | 4% |
| Lot Size | 12,197 | 7,405 | 81% |
| Price | $600.0K | $810.0K | 4% |
| Price per sq ft | $496 | $360 | 89% |
| Built year | 1985 | 1998 | 6% |
| HOA | $0 | $61 | 20% |
| Days on market | 0 | 127 | 5% |
Apr 29, 2026
$599,999
Initial Listing
Jul 15, 1998
$120,000
Public Record