32191 Placer Belair
About This Property
This impressive 4bed, 3 bath home stacks in at 2,308-square-foot and is perfectly positioned at the end of a quiet cul-de-sac in the highly desirable Chardonnay Hills neighborhood of Temecula. This enchanting home offers both a large, private lot and stunning elevated Westward views towards the hills and city lights. Immediately notice the charming curb appeal as you pull up to the house with a wide pie shaped lot, spacious driveway and large 3 car garage. Upon entering the home your eyes will be drawn upward to the captivating vaulted ceilings, updated light fixtures and ample natural light pouring through the plantation shutters creating a bright & airy ambiance throughout the home. The heart of the home is the beautifully updated kitchen complete with its own breakfast nook, granite counters, stainless steel appliances, double oven, modern finishes and soft-close drawers for a seamless culinary experience. Providing exceptional versatility, the layout includes a convenient main-floor bedroom situated right next to a full bathroom. The expansive primary suite upstairs serves as a true sanctuary with its own private retreat as well as a spacious primary bath equipped with a large soaking tub and walk-in closet. The large backyard is a haven for relaxation and entertainment, featuring a tall covered patio, a charming gazebo, gardening beds and flourishing citrus trees. Residents enjoy an award winning school district, low taxes, 2 community pools, one of which is an Olympic-sized swimming pool, as well as a spa, tennis courts, a basketball court, and three playgrounds/tot lots. This home is centrally located and combines suburban luxury with the unmatched charm of Temecula's wine country atmosphere. Close to all major shopping, restaurants, lots of parks, greenspaces, sports parks, the famous Temecula Wine Country and just 10 minutes to the popular Old Town Temecula.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Relisted | $799,000 | |
| Relisted | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Reliable Realty Inc. | $799,000 | |
| Listed by Reliable Realty Inc. | |||
Property Highlights
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About Margarita Village - Temeku Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017