43973 El Lucero Place, Temecula, California 92592, Temecula, 92592 - 4 bed, 3 bath
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43973 El Lucero Place
Temecula, California 92592
ACTIVE
CONDITION: POOR
4Beds
3Baths
3,767Sq Ft
141,570Lot Size
Property Price
LIST PRICE$1,625,000
EST. MARKET VALUE
$1,849,980
12% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,625,000—positioned well below the $1,849,980 Fair Market Value by 12%. This valuation gap offers $224,980 in Instant Equity for buyers willing to address the Condition Rating of 5. Featuring a 3.25-acre lot, panoramic views, and a private pool and spa, the estate offers significant upside through modernization. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a custom estate in the Temecula Unified district.
Estimated Market Value
$1,849,980+$224,980 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Temecula.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43973 El Lucero Place Subject | $1,625,000* List Price | 4 | 3 | 3,767 | $491 | - |
A 31010 Pescado Sold | $1,875,000 | 4 | 3 | 3,985 | $471 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1990 (34 years old) with mostly original finishes. The kitchen and bathrooms are severely dated with oak cabinetry and white appliances, and the master bath features outdated carpeting. Visible ceiling cracks and a dilapidated outdoor kitchen area indicate the property requires significant rehab and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 141570, living area = 3767.
- Expansive Lot and Panoramic Views
Situated on a massive 3.25-acre lot, the property offers breathtaking panoramic views of the Temecula Valley, mountains, and city lights, providing exceptional privacy and aesthetic appeal.
- Significant Equity Potential
Priced below recent comparable sales in the prestigious Santiago Estates, this estate presents a rare opportunity for a value-add investment to gain immediate equity in a high-demand neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3767, other record living area = 3468. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Likely Renovation Requirement
The description's emphasis on 'potential' and a lower entry price suggests the home may require significant cosmetic or structural updates to reach its full market value.
- Aging Infrastructure
Built in 1990, the property may feature original systems and finishes that are nearing the end of their functional lifespan, potentially leading to immediate maintenance costs for the buyer.
About 43973 El Lucero Place
VIEWS of the Temecula Valley! Located in the highly desirable Santiago Estates neighborhood, this custom estate offers nearly 3,800 sf of living space on a 3.25 acre lot. 4 bedrooms + office and 3 full bathrooms, oversized 3 car garage. POOL, SPA, and endless potential for the right buyer. A great chance to enter the community below recent comparable sales.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 141,570 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Temecula Unified Schools
Vail Elementary School
Grades K-5 • 1.9 mi
0/10
Margarita Middle School
Grades 6-8 • 2.4 mi
7/10
Temecula Valley High School
Grades 9-12 • 1.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,767 | 2,342.306 |
| Lot Size | 141,570 | 7,566.574 |
| Price | $1.62M | $792.5K |
| Price per sq ft | $431 | $360 |
| Built year | 1990 | 1999 |
| HOA | $0 | $121 |
| Days on market | 16 | 54 |
Pricing History
Listed for Sale
Aug 24, 2026
$1,625,000
Initial Listing
Sold
Apr 26, 2002
$725,000
Public Record
Sold
Jul 21, 1999
$440,000
Public Record