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Sold for $1,217,500 on 04/14/23
  • Listing Provided by: 

    Jake Fioresi DRE #02119783 951-326-6824,

    Abundance Real Estate,

    Nicholas Anselmo DRE #02097746,

    Abundance Real Estate

    Bought with: California Group Real Estate
    $1,217,500

    37400 Downey Rd, Temecula, CA 92592

    3beds
    2,743sqft
    Single Family Residence
    Built in 1988
    2.93 Acres Lot
    $1,252,900 Zestimate®
    $444/sqft
    $4,437 Estimated rent

    Home value

    $1,252,900

    $1.15M - $1.37M

    $4,437/mo

    Zestimate® history
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    $7,662/mo

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    What's special

    Welcome to your dream home located in the heart of wine country, Temecula. This beautiful Adobe style estate is truly one of a kind and is conveniently located next to all of Temecula's top wineries. Originally designed and built by a local engineer in the early 1980s, this property has been lovingly cared for by the family until 2021, ensuring that its unique character and architectural significance have been preserved. Step inside this stunning estate, and you'll be greeted by a bright and airy interior, with newly painted walls and updated vinyl plank floors that add to the modern charm of the home. The major electrical modernization and new HVAC system (including new furnaces, condensers, and ducts with smart thermostats) provide comfort and efficiency, making this estate an ideal oasis for relaxing after a long day of wine tasting. One of the highlights of this estate is the recently built rooftop deck, which offers spectacular views of the surrounding countryside. Perfect for entertaining guests, the deck features a six-seat bar, a hot and cold water sink, a 36-inch Kitchenaid grill, and a built-in-counter ice chest. Back inside the home, the master bathroom has been updated with a remodeled shower and soaking tub, while the newly replaced toilets in the home provide both style and functionality. The updated kitchen features new appliances, including a dishwasher, stovetop, and fridge, making it a chef's dream. Outside, the landscaping has been meticulously maintained, and a new wood deck and stairs on the back of the home provide easy access to the yard. The garage has also been updated with paint texture and LED lights, adding to the overall curb appeal of the home. The estate also features a second pad with 3,000 square feet of sod and a dirt driveway leading up to it, perfect for an additional building or recreational space. The property boasts a 30-tree olive grove, complete with a walkway down to a tree swing, as well as a cactus garden outside the lower sunroom, which features a beautiful terracotta tile floor. A home inspection has been completed, and most items on the report have already been repaired. This estate is truly one of a kind, offering a unique combination of history, charm, and modern amenities. Don't miss the opportunity to see this incredible property in person and experience the magic of wine country living at its finest.

    Zillow last checked: 8 hours ago

    Listing updated: April 20, 2023 at 01:50pm

    Listing Provided by:

    Jake Fioresi DRE #02119783 951-326-6824,

    Abundance Real Estate,

    Nicholas Anselmo DRE #02097746,

    Abundance Real Estate

    Bought with:

    Lisa Mullen, DRE #00969358

    California Group Real Estate

    Source: CRMLS,MLS#: SW23042224MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Laundry Room
    Features
    • Bedroom on Main Level
    • Has fireplace: Yes
    • Fireplace features: See Remarks
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,743 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Has view: Yes
    • View description: Mountain(s), Neighborhood, Rocks
    Lot
    • Size: 2.93 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 924280017
    • Zoning: A-1-10
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Hiking, Horse Trails, Mountainous
    Location
    • Region: Temecula

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,Fannie Mae,VA Loan

    Price history

    DateEventPrice
    4/14/2023Sold$1,217,500-6.3%$444/sqft
    Source: CRMLS #SW23042224
    3/27/2023Pending sale$1,299,900$474/sqft
    Source: CRMLS #SW23042224
    3/23/2023Listed for sale$1,299,900+40.5%$474/sqft
    Source: CRMLS #SW23042224
    8/23/2021Sold$925,000+8.8%$337/sqft
    Source: Public Record
    7/23/2021Pending sale$849,900$310/sqft
    Source: CRMLS #SW21128733

    Public tax history

    YearProperty taxesTax assessment
    2025$4,132 +1.6%$382,078 +2%
    2024$4,066 -66.7%$374,587 -65.7%
    2023$12,229 +23.8%$1,091,400 +18%

    Find assessor info on the county website

    Neighborhood: 92592

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Great Oak

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $1,252,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,252,900