45530 45530 Rainbow Canyon, Temecula, California 92592, Temecula, 92592 - 4 bed, 4 bath
ACTIVE UNDER CONTRACT$660,000
45530 45530 Rainbow Canyon, Temecula, California 92592
4Beds
4Baths
1,884Sqft
10,890Lot
Price Vs. Estimate
The estimated value ($639,926.98) is $20,073.02 (3%) lower than the list price ($660,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 10890, living area = 1884.
Top Cons:
Older Construction: Built in 1985, the home may have original systems or design aesthetics that could require updates or more frequent maintenance compared to newer properties.
Compared to the nearby listings
Price:$660.0K vs avg $799.0K ($-139,000)17%
Size:1,884 sqft vs avg 2,459.5 sqft26%
Price/sqft:$350 vs avg $35548%
More Insights
Built in 1985 (40 years old).
Condition: The property, built in 1985, is described as 'very clean and well-kept,' which is supported by the fresh paint and updated laminate flooring throughout most living areas. The kitchen features newer stainless steel appliances and granite countertops, making it functional, but the cabinet style and tile flooring are dated. The bathrooms, as seen in the images, are significantly outdated with original-style tile countertops and basic fixtures, indicating they have not been renovated in many years. While the home is maintained, the dated kitchen and bathrooms require minor to moderate updates to meet current aesthetic standards, placing it in the 'Fair' category.
Year Built
1985
Close
-
List price
$660K
Original List price
$670K
Price/Sqft
$350
HOA
$42
Days on market
-
Sold On
-
MLS number
RS25234406
Home ConditionFair
Features
ViewNeighborhood
About this home
Breathe in the lifestyle Temecula is known for. Enjoy the open air from Temecula Creek Inn Golf Course and Journey at Pechanga, both just minutes away. Within a short drive, you’ll find local favorites like In-N-Out Burger and Del Taco, plus Temecula Creek Plaza and other shops conveniently located within a mile. This home is very clean and well-kept. Along Temecula Parkway, you’ll have easy access to Temecula Valley Hospital, medical offices, Walmart, and major supermarkets. Head down Pechanga Parkway to discover Pechanga Resort & Casino, Pechanga retail shops, and Patricia Birdsall Sports Park, all within the same 3-mile radius. Families will also appreciate being near the highly rated Great Oak High School (10/10). This prime location blends comfort, convenience, and leisure — everything you need within reach of home.
Nearby schools
7/10
Temecula Luiseno Elementary School
Public,•K-5•1.7mi
8/10
Erle Stanley Gardner Middle School
Public,•6-8•1.0mi
10/10
Great Oak High School
Public,•9-12•2.4mi
Condition Rating
Fair
The property, built in 1985, is described as 'very clean and well-kept,' which is supported by the fresh paint and updated laminate flooring throughout most living areas. The kitchen features newer stainless steel appliances and granite countertops, making it functional, but the cabinet style and tile flooring are dated. The bathrooms, as seen in the images, are significantly outdated with original-style tile countertops and basic fixtures, indicating they have not been renovated in many years. While the home is maintained, the dated kitchen and bathrooms require minor to moderate updates to meet current aesthetic standards, placing it in the 'Fair' category.
Pros & Cons
Pros
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 = 10890, living area = 1884.
Great Schools: High School: Great Oak High School (10/10).
Prime Location & Amenities: The property boasts an exceptional location with immediate access to golf courses, diverse dining options, major shopping centers, medical facilities, and entertainment venues like Pechanga Resort & Casino.
Top-Tier School District: Situated within a highly-rated school district, including the 10/10 Great Oak High School, making it very attractive for families.
Well-Maintained Condition: Described as 'very clean and well-kept,' indicating the home is in good condition and potentially move-in ready.
Ample Bathrooms: With 4 bathrooms for 4 bedrooms, the property offers a high level of convenience and functionality for residents and guests.
Recent Price Adjustment: A recent price reduction from $670,000 to $660,000 could signal a motivated seller and potential value for prospective buyers.
Cons
Older Construction: Built in 1985, the home may have original systems or design aesthetics that could require updates or more frequent maintenance compared to newer properties.
Undisclosed Interior Upgrades: The description lacks specific details about recent interior renovations or modern features, which might lead buyers to assume updates are needed.
Standard View: While a view is present, it is specified as a 'Neighborhood' view, which may not offer the scenic appeal of more expansive or natural landscape views.