
Temecula, California 92592
This Spacious Two-Story Pool Home is a Strong Value Opportunity, listed at $764,900—positioned well below the $823,596 Fair Market Value by 7%. This valuation gap offers $58,696 in Instant Equity for the buyer. The property is in Good Condition, featuring a Resurfaced Pool and Spa, a Granite Kitchen, and is zoned for the Top-Rated Great Oak High School. This residence balances lifestyle luxury with financial stability, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45534 Olympic Way Subject | $749,900* List Price | 4 | 3 | 2,068 | $370 | - |
A 31155 Lahontan Sold | $710,000 | 4 | 3 | 2,113 | $336 | 1.0 mi |
B 45610 Masters Drive Sold | $680,000 | 4 | 2 | 1,604 | $424 | 0.2 mi |
C 30752 Canterfield Drive Sold | $660,000 | 4 | 3 | 1,735 | $380 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986, the property is well-maintained and move-in ready. The kitchen has been updated with granite countertops, resurfaced cabinetry, and stainless steel appliances (approx. 5-15y reno style). Major systems and features like the pool and water purification (2021) have been addressed. While some bathroom fixtures and vanities appear dated, the overall condition and modern flooring justify a Good rating.
The property features a resurfaced pool and spa with a waterfall, set on a large lot with scenic mountain and hill views, offering a premium outdoor entertainment space.
Zoned for the highly-rated Great Oak High School and located near Temecula Creek Golf Course and Wine Country, the home offers both lifestyle appeal and strong resale value.
Boasts a versatile downstairs bedroom and bath, a modern kitchen with granite counters and soft-close cabinetry, and a 2021 Puronics water purification system.
Built in 1986, the home may require more frequent maintenance or updates to major systems compared to newer constructions in the Temecula area.
With 2,068 square feet distributed across four bedrooms and two stories, some living areas may feel compact for buyers seeking a more expansive modern floor plan.
Gathering space extraordinaire! Gorgeous POOL home on an large, flat rectangular lot in the desirable Rainbow Canyon Villages and Estates community. Located in the peaceful interior portion of this established community and in close proximity to San Diego County, all who enter are welcomed by a covered front patio that leads graciously into a light-filled home featuring a bright kitchen with granite counters, resurfaced soft-close cabinetry, stainless steel appliances, a peninsula with seating, and generous pantry storage. The east-facing kitchen opens to a comfortable family room, ideal for everyday living and entertaining and faces the breathtaking backyard with a soothing pool and spa with waterfall feature that were lovingly resurfaced in 2025. The expansive primary suite offers more backyard views, dual sinks, a soaking tub with shower, multiple closets, and a semi-private loft with exterior and interior balconies. Upstairs are two additional guest bedrooms, a full guest bath, and hallway storage cabinets. A generous downstairs bedroom and ¾ bath offer added flexibility for a home office, multigenerational living or other option limited only by your imagination. The living and dining areas open to the resort-style backyard--a true showcase feature. Take in the iconic views of local Temecula hills and mountains. With summer upon us, there is no better time to plunge into this entertainer's delight. There is a Puronics water purification system installed in 2021 and the upgraded NexGen HVAC system was installed in 2023. Conveniently located near Rainbow Canyon Road and Temecula Creek Golf Course, Pechanga Resort, with Wine Country just a few miles to the east. Zoned for Great Oak High School. A large, well-designed laundry and utility room completes the home. Low HOA and low taxes!
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,068 | 2,358 | 38% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $749.9K | $800.0K | 39% |
| Price per sq ft | $363 | $361 | 51% |
| Built year | 1986 | 1997 | 11% |
| HOA | $72.0 | $61 | 54% |
| Days on market | 0 | 124 | 5% |
Jun 2, 2026
$749,900
$764,900
-2% Price Drop
Initial Listing
May 7, 2026
$764,900
Initial Listing
Jun 29, 2001
$230,000
Public Record