See Home Value
Riverside 92592
42355 Chaparral Dr
Listed by: Mimi Ghofranian, Realty ONE Group Southwest
$1,450,000
● House - Off Market

42355 Chaparral Dr

Temecula, CA 92592
bedrooms
5 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
3,537 Ft²
$7,410
Est. Monthly
$47
HOA / Fees
5.00%
Cap Rate

About This Property

** Huge price reduction ** Panoramic Views, 1500 SQF warehouse/RV garage with potential for ADU, 5 bedrooms, 5.5 baths, low maintenance, potential for short-term rental. The upper floor features individually rentable bedrooms with direct access from the front entrance, while the main floor provides a complete array of amenities. Enjoy 360-degree views of Temecula Wine Country overlooking the vineyard of the Leoness Winery, with incredible sunsets, city lights, and hot air balloons in the prestigious community of GlenOak Hills. It boasts 3,537 SQF with a very bright split-level with most of the living areas and the primary bedroom on the main floor. A well-appointed family room with vaulted ceilings, wood flooring, media niches, and a fireplace. The gourmet kitchen has stainless steel appliances, granite counters, and stunning views. The gorgeous formal dining area is open to the kitchen. The estate boasts two luxurious primary suites, one on the main level with breathtaking views, a walk-in closet, and a bathroom with a shower and tub. The upper floor provides complete privacy from the main floor. It has a large second primary bedroom and three additional bedrooms, all with en-suite baths, which can be accessed directly from the main entrance. It offers a unique feature of generating rental income, two bedrooms are presently rented out, and one tenant is interested in staying. Excellent chance to supplement income. One bedroom is converted into a kitchenette, providing added convenience for tenants or extended family members. A 1500-square-foot RV garage/warehouse with skylights, two roll-up doors, windows, industrial racks, and a detached office space. The warehouse could be easily converted into an ADU. Two separate outdoor areas offer endless possibilities for hosting large gatherings on the spacious patio or enjoying evenings and entertaining guests on the observation deck under twinkling lights. Features include a freshly painted interior and exterior, upgraded light fixtures, a new washer and dryer, a new dishwasher, a wine closet, 2 new ACs, and a new water heater. 3 car attached garage and plenty of parking areas, your guests no need to park on the street. Move-in-ready with low taxes and low HOA. Minutes to De Portola wine trail, Leoness, Altisima and Fazeli. See supplement for included items. See the virtual tour for more photos.
Unit Size
3,537 Ft²
Days on Market
166 days
Land Size
7.01 acres
Price per sqft
$424
Property Type
House
Property Taxes
-
HOA Dues
$47
Year Built
2001

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (CRMLS #SW24086832)

Price History

Date / Event Date Event Price
Oct 21, 2024 Sold
Sold
Oct 8, 2024 In contract -
In contract
Sep 18, 2024 Price Decreased $1,499,500
↓ $150K (9.1%)
Price Decreased
Sep 18, 2024 In contract -
In contract
Apr 30, 2024 Listed by Realty ONE Group Southwest $1,649,000
Listed by Realty ONE Group Southwest

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 788
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 305,356
  • Total Building Area: 4,512
  • Gross Building Area: 4,512
  • Building Area: 3,537
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,537
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT 3944
  • Land Acres: 0000007010
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: 7.01 ACRES IN LOT 54 MB 064/052 TR 3944

Neighborhood

  • School District Name: Temecula Valley Unified School District
  • Census Tract: 043293

Zoning

  • Zoning: RA

Geography

  • Subdivision Tract Number: 3944
  • Parcel: 927-300-001
  • Lot: 54
  • Municipality: TEMECULA VALLEY
  • Latitude: 33.5221
  • Longitude: -117.007

    Address

  • Full Address: 42355 Chaparral Dr
  • Address - House Number: 42355
  • Address - Street Name: Chaparral
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Temecula
  • Carrier Code: R060
  • 4-Digit Zip Code: 8214
  • Zip Code: 92592

Valuation

    Tax

  • Total Area: 3,537
  • Tax Year: 2023
  • Tax Amount: $1,073,324
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 094-021

    Appraisal Valuation

  • Standard Deviation: 0.1761
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 1,399,400
  • High Value: 1,645,931
  • Low Value: 1,152,868

    Market Valuation

  • Market Total Value: $1,089,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $928,666
  • Assessed Land Value: $334,654
  • Assessed Improvements Value: $594,012

    Sales

  • Current Sale Contract Date: Mar 01, 2017
  • Current Sale Recording Date: Mar 13, 2017
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2017-0102267
  • Previous Sale Recording Date: Jun 15, 1998
  • Previous Sale Contract Date: May 19, 1998
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Riverside


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 42355 Chaparral Drive built and last sold?
The property at 42355 Chaparral Drive was built in 2001 and last sold on Mar 1, 2017 for $832,500.
How much is this home worth?
The estimated value of the home located at 42355 Chaparral Drive is $0.
What are some comparable homes to 42355 Chaparral Drive?
There are currently no comparable homes to 42355 Chaparral Drive.