43991 Gatewood, Temecula, California 92592, Temecula, 92592 - 3 bed, 3 bath
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Temecula, California 92592
This Single-Story Residential Asset is a High-Potential Investment Opportunity, listed at $775,000—positioned well above the $667,062 Fair Market Value by 16%. While the property requires modernization, its Fair Condition Rating and 10,019 sqft lot provide a solid foundation for value-add renovations. Located in the Rancho Highlands Summit community, the home offers a rare single-story layout and a 3-car garage. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43991 Gatewood Subject | $775,000* List Price | 3 | 3 | 2,245 | $297 | - |
A 42564 Remora Street Sold | $590,000 | 4 | 3 | 2,059 | $287 | 0.9 mi |
B 44004 Northgate Avenue Sold | $735,000 | 3 | 3 | 2,090 | $352 | 0.1 mi |
C 43399 Calle Nacido Sold | $775,000 | 4 | 3 | 2,391 | $324 | 0.3 mi |
D 43982 Highlander Dr Sold | $670,000 | 3 | 3 | 2,333 | $287 | 0.1 mi |
E 43870 Gatewood Way Active | $775,000 List Price | 3 | 3 | 2,333 | $332 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the home is well-maintained but significantly dated. The kitchen retains original oak cabinetry, white tile countertops with wide grout lines, and older black/white appliances. While the property appears clean and functional, the kitchen and bathrooms exceed the 20-year mark without major renovations, placing it in the 'Fair' category requiring cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2245.
The rare single-story floor plan offers enhanced accessibility and long-term utility, making it a highly sought-after feature for a wide range of buyers in the Temecula market.
Situated at the end of a quiet cul-de-sac within the Rancho Highlands Summit, the property provides added privacy and immediate access to premium community amenities including sports courts and a pool.
Built in 1987, the property may require updates to interior finishes and systems to meet the aesthetic and efficiency standards of contemporary buyers.
The listing indicates no specific views, which may be a drawback for buyers specifically looking for the vineyard or mountain vistas often associated with the Temecula region.
“Dreams For Sale!” Your home ownership opportunity awaits here at this prime location and hard-to-find Temecula "Single-Story" home that features 3 spacious Bedrooms, 2.5 Baths, and a 3-car garage, patio and backyard, located at end of a cul-de-sac and within the popular Rancho Highlands Summit master planned community. The Rancho Highlands Summit community boasts a pool, Kids playground, Barbecue area, tennis, basketball, and pickleball courts and is super close to the historic Old Town Temecula, the Temecula Promenade Mall, dining, golf courses, the Ronald Reagan Community Park, Temecula wine country and the Lake Skinner Recreation area. This ideal location has immediate access the I-15 freeway for commuter access. Low Taxes and reasonable HOA fees make this one of the best homeownership opportunities in the Temecula area and definitely a home to consider making your move to Temecula a very easy decision. A rare opportunity to be had. You'll love this house! Schedule your private showing today! Live, Love, Temecula.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 31% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,245 | 2,358 | 46% |
| Lot Size | 10,019 | 7,405 | 73% |
| Price | $775.0K | $800.0K | 46% |
| Price per sq ft | $345 | $360 | 42% |
| Built year | 1987 | 1997 | 14% |
| HOA | $107.0 | $61 | 64% |
| Days on market | 0 | 124 | 5% |
Jun 4, 2026
$775,000
Initial Listing
Mar 5, 2004
$347,000
Public Record