38901 Avenida Arriba
About This Property
Stunning gated estate at end of cul-de-sac, top of hill, mountain and/or vineyard views from practically every room, tremendous rock pool & spa with water fall, usable land (2.71 acres) , LARGE CUSTOM STUCCO STUD & BEAM CONSTRUCTION BARN AND FACILITIES WITH KITCHENETTE & BATH (the last few pics of the pictures), 6 bed/5.5 bath, plus office, plus TV room, approx. 4600 sq ft home, master bedrooms on each floor & check this out: 4 of the 6 bedrooms have their own private bathrooms (& the upstairs HUGE master bedroom w/ double sided FP has a master bathroom that could be right out of a 5 Star hotel. This palatial home has 5 fireplaces, high dramatic ceilings, custom wrought iron stair rails, beautiful sweeping kitchen w/ so much new new new. RV Parking & 3 car attached garage & plenty more parking to boot...should I stop there or go on? I'm going to have to get an upgraded data plan to get through all this.
These gorgeous pictures do tell a great story - but in person, this place is phenomenal.
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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.
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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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | Listed by Abundance Real Estate | $1,976,000 | |
| Listed by Abundance Real Estate | |||
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Pool & Spa. Pool Solar. Barn. 2 Primary Bedrooms & SO much more! Welcome to your dream estate in the heart of Temecula Wine Country! This stunning manor sits on 2.71 acres of prime, usable land, offering the perfect combination of luxury, privacy, and entertainment possibilities. With electric gated access, you're welcomed into a property that features an impressive barn with its own bathroom and a dedicated DG driveway that seamlessly connects to the main drive. Whether you're hosting large gatherings or enjoying quiet weekends, the spacious grassy area, recently installed for a fresh look, provides the perfect spot for relaxation. The pool and spa offer a resort-like feel, framed by breathtaking panoramic views. At night, the landscape comes alive with thoughtfully placed exterior lighting, creating an enchanting atmosphere. With fully paid-off solar panels for both the pool and home, you can indulge in luxury living without worrying about high energy costs. The backyard also includes a large concrete pad, ideal for hosting everything from intimate dinners to grand celebrations. Inside, you'll find 4,571 square feet of beautifully renovated living space, featuring 6 bedrooms and 5.5 bathrooms. The home is thoughtfully designed with two bedrooms and an office on the main level, providing convenience and flexibility for guests, remote work, or multi-generational living. Upstairs, you'll find four additional bedrooms, offering ample space for family or visitors. A downstairs bedroom with a private full bath adds even more convenience, while the entire main level has been upgraded with new tile floors. The stairs and upper level feature luxury vinyl plank flooring, creating a modern and cohesive aesthetic. Every bathroom has been meticulously remodeled, offering a spa-like experience in the comfort of your own home. The property includes a 3-car garage and is located just minutes from Temecula's top-rated wineries and shopping centers, putting everything you need within reach. Plus, the sunset views from this property are nothing short of spectacular! Whether you're looking to entertain or simply enjoy serene, private living, this home is designed to exceed all expectations. This is truly an entertainer's dream home – don't miss your chance to make it yours!
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| Oct 1, 2024 | Listed | $2,250,000 | |
| Listed | |||
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Welcome to your dream estate in the heart of Temecula Wine Country! This beautiful manor sits on 2.71 acres of prime, usable land, offering the perfect combination of luxury, privacy, and entertainment possibilities. With electric gated access, you're welcomed into a property that boasts an impressive barn with its own bathroom and a dedicated DG driveway that seamlessly connects to the main drive. Whether you're hosting large gatherings or enjoying quiet weekends, the spacious grassy area, recently installed for a fresh look, provides the perfect spot for relaxation. The pool and spa offer a resort-like feel, framed by panoramic views that will take your breath away! At night, the landscape comes alive with thoughtfully placed exterior lighting, creating an enchanting atmosphere. With solar panels for both the pool and home, fully paid off, you can enjoy all the luxury without worrying about high energy costs. The backyard also includes a large concrete pad, perfect for hosting everything from intimate dinners to grand celebrations. Inside, you’ll find 4,571 square feet of beautifully renovated living space, featuring 6 bedrooms and 5.5 bathrooms. A downstairs bedroom with a private full bath offers convenience for guests or multi-generational living. The entire downstairs has been upgraded with new tile floors, while the stairs and upper level feature luxury vinyl plank, creating a modern and cohesive aesthetic. Every bathroom has been meticulously remodeled, offering a spa-like experience in the comfort of your own home. The property includes a 3-car garage and is located just minutes from Temecula’s top-rated wineries and shopping centers, putting everything you need within reach. Plus, the sunset views from this property are nothing short of spectacular! Whether you’re looking to entertain or simply enjoy serene, private living, this home is designed to exceed all expectations. This is truly an entertainer’s dream home – don’t miss your chance to make it yours!
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| Aug 19, 2023 | No longer available | - | |
| No longer available | |||
| May 19, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017