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20813 Alameda Del Mar, Wildomar, California 92595, Wildomar, 92595 - bed, bath

20813 Alameda Del Mar, Wildomar, California 92595 home-pic-0
ACTIVE$1,299,999
20813 Alameda Del Mar, Wildomar, California 92595
0Bed
0Bath
3,400Sqft
39,204Lot
Year Built
1987
Close
-
List price
$1.3M
Original List price
$1.4M
Price/Sqft
$382
HOA
-
Days on market
-
Sold On
-
MLS number
OC25068891
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Pool
Patio
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(99th), sqft - 3400(92th), beds - undefined(1th), baths - undefined(1th).

Lovely Los Olivos Estates, California Ranch Home with; two on a lot, single level, multifamily, income producing, horse property, and is an excellent investment property. Both homes have recently been updated, remodeled and have new plumbing. Front home is 5 bedrooms and 2 bathrooms. Second home is 2 bedrooms and 2 bathrooms that is nestled at the base of the Cleveland National Forest. Both homes have large wood decks, mountain sunrise views, and surrounded by mature olive trees. Direct access to wide two car garages, with workshop. Room for recreational vehicles, add an Airstream for additional rental income. Accessible on both sides of property on fully usable flat lot. Private quaint front porch with views of beautiful rolling mountains. Located close to Temecula Wine Country, local schools, parks, lakes, shopping, dining, entertainment, golf courses, and Pechanga Resort.

Price History

Date
Event
Price
08/01/25
$1,299,999
03/29/25
$1,400,000
Condition Rating
Good
The property, built in 1987, has been recently updated, including new plumbing. The images show updated kitchens and bathrooms. The main house kitchen features stainless steel appliances and modern finishes. The second unit's kitchen appears older but well-maintained. The flooring throughout appears to be updated. Overall, the property seems move-in ready with no immediate major renovations required, placing it in good condition.
Pros & Cons

Pros

Income Potential: The property features two homes on one lot, offering significant income-producing potential through rental of either or both units.
Horse Property: The property is designated as horse property, appealing to equestrian enthusiasts and potentially increasing its value.
Updated/Remodeled: Both homes have been recently updated and remodeled, including new plumbing, reducing immediate maintenance concerns and enhancing appeal.
Large Lot with Usable Space: The property boasts a large, fully usable flat lot with access on both sides, providing ample space for various activities and potential expansion.
Location and Views: Located near Temecula Wine Country and offering mountain sunrise views, the property combines convenience with scenic beauty.

Cons

Year Built: Built in 1987, the property may require updates to meet modern standards and preferences, potentially incurring additional costs.
Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the market or perceived overpricing initially.
Potential for Further Updates: While updated, the property may still benefit from further modernization to maximize its value and appeal to contemporary buyers.

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