$1,195,000
●
House -
Off Market
41875 Avenida Ortega
Temecula, CA 92592
4 Beds
4 Baths,
2
Half Baths
3,509 Ft²
$6,674
Est. Monthly
$47
HOA / Fees
3.07%
Cap Rate
About This Property
!!!SHORT TERM RENTAL ALLOWED!!! 8.4-ACRE LOT! This property is not
just a home; it's an incredible investment opportunity with
FLEXIBLE RENTAL OPTIONS that offers a lucrative potential for
generating consistent income! Experience BREATHTAKING VIEWS with
this stunning residence, a perfect canvas for your imagination!
Welcome to your serene retreat in the prestigious GlenOak Hills
community, a sanctuary of peace nestled in the heart of the Wine
Country. This stunning single-story home offers unobstructed,
panoramic views of the majestic Temecula Valley, including
vineyards, orchards, rolling hills, mountains, and mesmerizing city
lights!
Situated on a quiet cul-de-sac with no traffic around, this home promises tranquility and privacy. The spacious 3500+ square feet of open-concept living space with high ceilings and hardwood floors creates a light, airy atmosphere perfect for relaxation and entertaining. The spacious gourmet kitchen features a large center island, ample cabinets, an oversized sink, double ovens, and a walk-in pantry. A bay window in the dining room provides a cozy seating area where you can enjoy panoramic views while sipping your morning coffee.
The expansive primary bedroom, with its fireplace, opens directly onto a beautiful covered terrace where you can soak in the epic sunsets and stunning vineyard views. The en-suite bath is a luxurious haven, featuring two walk-in closets, a separate shower, dual sinks, and a Jacuzzi bathtub with UNBELIEVABLE VIEWS!
This home boasts two additional fireplaces, a spacious dining area, plenty of storage space, an oversized 3-car garage, and ample guest parking. An added large shed provides versatile space for a workshop or extra storage. The property's natural, virgin landscape includes fruit trees and walking trails surrounding the 8.4-ACRE LOT, offering endless opportunities for customization and expansion!
Despite its serene and private setting, the home is conveniently located within a short drive to entertainment, stores, amenities, and a hospital. It is also within the highly sought-after Temecula school district. The coveted GlenOak Hills amenities include tennis courts, a clubhouse, horse trails, and a playground, all with very low HOA fees.
Don't miss your chance to own this slice of paradise in Temecula Wine Country. Bring your imagination and make this stunning residence YOUR DREAM HOME! ***Some pictures are virtually staged.
Situated on a quiet cul-de-sac with no traffic around, this home promises tranquility and privacy. The spacious 3500+ square feet of open-concept living space with high ceilings and hardwood floors creates a light, airy atmosphere perfect for relaxation and entertaining. The spacious gourmet kitchen features a large center island, ample cabinets, an oversized sink, double ovens, and a walk-in pantry. A bay window in the dining room provides a cozy seating area where you can enjoy panoramic views while sipping your morning coffee.
The expansive primary bedroom, with its fireplace, opens directly onto a beautiful covered terrace where you can soak in the epic sunsets and stunning vineyard views. The en-suite bath is a luxurious haven, featuring two walk-in closets, a separate shower, dual sinks, and a Jacuzzi bathtub with UNBELIEVABLE VIEWS!
This home boasts two additional fireplaces, a spacious dining area, plenty of storage space, an oversized 3-car garage, and ample guest parking. An added large shed provides versatile space for a workshop or extra storage. The property's natural, virgin landscape includes fruit trees and walking trails surrounding the 8.4-ACRE LOT, offering endless opportunities for customization and expansion!
Despite its serene and private setting, the home is conveniently located within a short drive to entertainment, stores, amenities, and a hospital. It is also within the highly sought-after Temecula school district. The coveted GlenOak Hills amenities include tennis courts, a clubhouse, horse trails, and a playground, all with very low HOA fees.
Don't miss your chance to own this slice of paradise in Temecula Wine Country. Bring your imagination and make this stunning residence YOUR DREAM HOME! ***Some pictures are virtually staged.
Unit Size
3,509 Ft²
Days on Market
68 days
Land Size
8.41 acres
Price per sqft
$385
Property Type
House
Property Taxes
-
HOA Dues
$47
Year Built
1989
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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: 3 years ago (CRMLS #SB24157025)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Price Decreased |
$1,349,500
↓ $100K
(6.9%) | |
| Price Decreased | |||
| May 16, 2024 | Listed by BerkshireHathaway HomeServices | $1,449,500 | |
| Listed by BerkshireHathaway HomeServices | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Riverside
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Listed by: Victoria Boddy, BerkshireHathaway HomeServices
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SB24157025
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SB24157025
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