45586 Rainbow Canyon Road, Temecula, California 92592, Temecula, 92592 - 4 bed, 2 bath
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Temecula, California 92592
This Turnkey Single-Family Residence is listed at $635,000, representing a stable and fair valuation in the current market. With an Excellent Condition Rating, the home features a recently renovated kitchen, new flooring, and a high-efficiency solar system, ensuring a move-in ready experience. Located in the prestigious Temecula Unified School District, the property is zoned for the top-rated Great Oak High School (10/10). The expansive 8,712 sqft lot offers significant potential for outdoor customization. This property is an ideal sanctuary for growing families or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45586 Rainbow Canyon Road Subject | $635,000* List Price | 4 | 2 | 1,793 | $354 | - |
A 44972 Muirfield Drive Sold | $686,000 | 3 | 3 | 1,502 | $457 | 0.5 mi |
B 45610 Masters Drive Sold | $680,000 | 4 | 2 | 1,604 | $424 | 0.3 mi |
C 44871 Trotsdale Sold | $675,000 | 3 | 3 | 1,502 | $449 | 0.3 mi |
D 45303 Esmerado Court Sold | $650,000 | 3 | 3 | 1,502 | $433 | 0.7 mi |
E 45292 Tournament Ln Active | $699,900 List Price | 4 | 2 | 1,604 | $436 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property qualifies as Excellent due to a comprehensive recent renovation (under 5 years) featuring an upgraded kitchen with stone countertops and stainless appliances, two fully updated bathrooms, new flooring, and fresh paint. The addition of a recently installed solar system and the mint condition of the interior fixtures indicate a move-in ready home with no immediate maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1793.
High School: Great Oak High School (10/10).
The property features a recently installed solar system for significant energy savings, complemented by new flooring, fresh paint, and an upgraded kitchen for a move-in-ready interior.
With over 380 days on the market, the property may carry a 'stale' stigma, potentially leading buyers to question the pricing strategy despite the recent reduction.
Tax information incorrectly identifies the home as a 3-bedroom residence, which could create administrative hurdles or appraisal complexities for the actual 4-bedroom layout.
Welcome to 45586 Rainbow Canyon Road! Located in highly-desirable south Temecula, this single level floorplan offers nearly 1,800 square feet with a formal living room/dining room combo; upgraded kitchen and attached family room; a large primary suite with retreat; 3 comfortably-sized junior bedrooms; 2 updated bathrooms; an individual laundry room; and a 2-car garage. Interior features include new flooring; new paint; plantation shutters; a cozy, brick fireplace; and custom fixtures and touches! Plus, the recently installed solar system uses the sun's power which is a cost savings for the lucky homeowner! The large front porch is very inviting and a great place to enjoy beautiful mornings and peaceful evenings. And, the possibilities are endless with the expansive backyard! Maybe an entertainer's paradise with pool, spa, and an outdoor kitchen!? Or, how about planting your favorite vegetable or wildflower garden!? The Rainbow Canyon Village community has a low tax base, the HOA fee is affordable, and the neighborhood park and walking trails are nearby. Located close to freeway, award winning schools, local shopping centers, and Temecula's well-known attractions...Pechanga Casino, Old Town, Promenade Mall, and Southern California's famous wineries and vineyards! Call for an appointment today! (Tax information incorrectly lists 3 bedrooms. Home has 4 bedrooms.)
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,793 | 2,432.5 |
| Lot Size | 8,712 | 7,405 |
| Price | $635.0K | $797.5K |
| Price per sq ft | $354 | $367 |
| Built year | 1985 | 1999 |
| HOA | $42.0 | $120 |
| Days on market | 391 | 50 |
Jul 14, 2026
$635,000
$648,000
-2% Price Drop
Initial Listing
Jun 26, 2025
$648,000
Initial Listing