$390,000
●
Condo -
Off Market
29606 Cara Way
Temecula, CA 92591
2 Beds
2 Baths,
1
Half Bath
1,155 Ft²
$2,445
Est. Monthly
$495
HOA / Fees
8.15%
Cap Rate
About This Property
Located in the desirable gated community of Rancho Del Mar, this
turnkey condo offers resort-like amenities and a prime Temecula
location. Just steps away from the community pool, spa, tennis
courts, weight room, and clubhouse, you'll enjoy a lifestyle of
comfort and convenience.
Inside, the condo features two upstairs bedrooms, including a spacious primary suite with a large, mirrored closet and an ensuite bathroom with a vaulted ceiling. A second full bathroom and an upstairs laundry room with shutter doors provide added functionality. The main living area showcases upgraded tile flooring, the kitchen incudes oak cabinets, tile countertops, recessed lighting and stainless steel appliances. Freshly painted throughout, and new carpet throughout the upstairs- this home is clean and move-in ready. Outdoor features include a private patio, a 1-car garage with direct entry, plus an additional single-car garage (2 TOTAL). Conveniently located near the freeway, and minutes from charming Old Town Temecula, this condo blends comfort, style, and accessibility - perfect for those seeking easy living in a vibrant community.
Inside, the condo features two upstairs bedrooms, including a spacious primary suite with a large, mirrored closet and an ensuite bathroom with a vaulted ceiling. A second full bathroom and an upstairs laundry room with shutter doors provide added functionality. The main living area showcases upgraded tile flooring, the kitchen incudes oak cabinets, tile countertops, recessed lighting and stainless steel appliances. Freshly painted throughout, and new carpet throughout the upstairs- this home is clean and move-in ready. Outdoor features include a private patio, a 1-car garage with direct entry, plus an additional single-car garage (2 TOTAL). Conveniently located near the freeway, and minutes from charming Old Town Temecula, this condo blends comfort, style, and accessibility - perfect for those seeking easy living in a vibrant community.
Unit Size
1,155 Ft²
Days on Market
91 days
Land Size
0.09 acres
Price per sqft
$344
Property Type
Condo
Property Taxes
-
HOA Dues
$495
Year Built
1990
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (CRMLS #PW25187186)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$397,000
↓ $3K
(0.7%) | |
| Price Decreased | |||
| Oct 22, 2025 | Price Decreased |
$399,900
↓ $9K
(2.2%) | |
| Price Decreased | |||
| Sep 27, 2025 | Price Decreased |
$409,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage, Garage Door Opener, DoorSingle
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), High Ceilings, AllBedroomsUp, PrimarySuite
Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Flooring Type: Carpet, Tile
Laundry Features: Gas Dryer Hookup, Inside, Upper Level
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1155
Square Footage Source: $0
Security Features: Security Gate, Gated Community, Smoke Detector(s)
Year Built Source: Assessor
Year Built: 1990
Levels: Two
Patio and Porch Features: Front Porch, Patio, Concrete
Pool Features: Community, In Ground, Association
Lot Size Area: 3920
Lot Size Units: Square Feet
Lot Size Acres: 0.09
Lot Size Square Feet: 3920
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Fitness Center, Picnic Area, Pool, Spa/Hot Tub, Tennis Court(s)
HOA Fee: $495
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/22/2025
| |
2 Bed
|
2 Bath
|
1155 ft²
|
$439,000
2 Bed
2 Bath
1155 ft²
|
$390,000
-11.16%
11/21/2025
|
Justin Miller
Beach City Brokers
|
Building Info
About Temecula
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Listed by: Justin Miller, First Team Real Estate
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PW25187186
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PW25187186
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