39485 Calle Contento, Temecula, CA 92591

3 beds-- baths4,446 sqft

Sold: $730,000
Sold on 11/13/12
Zestimate®: $1,112,697
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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Villa a Viti, in the heart of the Temecula Wine Country, is an exclusive rental estate that will accommodate up to 16 Guest. It features four bedrooms, four baths, gourmet kitchen, open great room, and unique interior architecture. Relax by the pool and spa and take in the scenic views of the local vineyards with the majestic Palomar mountain in the background. \r\n\r\nRented for $800 per night (2 night minimum or $4,800 week) for small weddings, parties and rehearsal dinners, family rental, group rental. Rented for $10,000 per month in December 2010, January 2011 and February 2011 to a professional motocross racer form Switzerland who will be training here in Temecula. \r\n\r\nThe property is zoned RA2 1/2, which allows a second rental estate resort, vineyards, winery and a public wine tasting room. \r\n\r\nSold Fully Furnished. \r\n\r\nSee attached 10-year DCF analysis reports a 10% cap rate and 24.8% return on equity before tax. The DCF is a pro forma CF analysis based on 46% occupancy, market rents on two rental units, market expenses, and the final valuation excludes the cost of construction for a second unit and the cost of marketing start up.Brokered And Advertised By: Keller Williams RealtyListing Agent: Frank Spencer  More Less 

Facts

  • Lot: 4.85 acres
  • Single Family
  • Built in 2002
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Nov 2012 for $730,000
  • Price/sqft: $164

Features

  • Ceiling Fan
  • Fireplace
  • Parking: Garage - Attached, 6 spaces, 1352 sqft
  • Pool
  • Wired

Construction

  • Construction quality: 4.0
  • Roof type: Tile
  • # Stories: 1.0
  • Unit count: 1

Other

  • Floor size: 4,446 sqft
  • Parcel #: 943140006
  • Zillow Home ID: 18173544

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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$1,112,697
+$21,042 Last 30 days
$779K
$1.51M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$4,572/mo
-$139 Last 30 days
$3.3K
$8.1K
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Popularity on Zillow

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Market guide

Zillow predicts 92591 home values will increase 3.8% next year, compared to a 3.9% rise for Temecula as a whole. Among 92591 homes, this home is valued 194% more than the midpoint (median) home, but is valued 10.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 92591, the number of foreclosures waiting to be sold is 8.5% higher than in Temecula, and 52% greater than the national average. This higher local number may prevent 92591 home values from rising as quickly as other regions in Temecula.

Learn more about forecast calculations or 92591 home values.
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    Nearby Schools in Temecula

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