22840 Carancho Road, Temecula, California 92590, Temecula, 92590 - 3 bed, 5 bath

22840 Carancho Road, Temecula, California 92590 home-pic-0
ACTIVE$1,950,000
22840 Carancho Road, Temecula, California 92590
3Beds
5Baths
4,630Sqft
507,038.406Lot
Year Built
2005
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
$421
HOA
-
Days on market
-
Sold On
-
MLS number
SW23141384
Home ConditionGood
Features
Excellent View: Mountain(s), Orchard, Panoramic, Vineyard, Trees/Woods
Patio
ViewMountain(s), Orchard, Panoramic, Vineyard, Trees/Woods

About this home

We found 3 Cons,7 Pros. Rank: price - $1.95M(63th), sqft - 4630(63th), beds - 3(21th), baths - 5(67th).

HUGE OPPORTUNITY- AND YOU DON'T NEED TO BE A VET TO ASSUME THIS VA LOAN AT 2.25%! EXQUISITE Single-Story Hacienda Style home nestled in the picturesque De Luz area, offering a serene and luxurious lifestyle on 11.96 sprawling acres. This property is a TRUE paradise, boasting a meticulously maintained Primitivo varietal vineyard and charming guest house. Step into the main house and notice the stunning floor plan- an ENTERTAINER'S DREAM- with an open Living room~ dining room concept where the warm tones seamlessly blend with the natural surroundings visible through 4 sets of French doors opening to MASSIVE terrace. Just off the living room a library suited for the book connoisseur. The heart of the home is the gourmet kitchen, a culinary enthusiast's dream featuring top-of-the-line Viking appliances. Whether a cozy family dinner or a GRAND soirée, this kitchen is fully equipped to cater to your every culinary desire. The main house is comprised of TWO spacious suites designed to provide comfort and tranquility. The Master Bedroom offers a separate en-suite perfect for a nursery or office and opens to the terrace. Master suite also offers an oversized luxurious bathroom, offering an oasis of privacy and relaxation. The Junior suite boasts a large seating area as well as a separate private bathroom. The powder room is elegantly appointed, ensuring guests enjoy the utmost in sophistication. As you step outside through the French doors just off the dining area, a sprawling outdoor haven awaits just across the pool sized yard. The VINEYARD, a labor of love, graces the landscape and offers not only a visual feast but also the potential for crafting your own wines. The gentle rustling of leaves and the sweet fragrance from the family orchard create an enchanting atmosphere, making it an ideal space for leisurely strolls or al fresco gatherings. The guest house is a delightful gem of its own, offering a perfect blend of comfort and independence. This retreat ensures your guests feel welcomed while maintaining their privacy. Whether utilized as an in-law suite, artist's studio, office or income producing rental, the possibilities are endless. The property is adorned with Avocado Trees as well as Golden Nuggets Mandarins. In the De Luz area, where nature's beauty unfolds in every direction, this property stands as a testament to the harmonious coexistence of luxury and nature. Home features paid off solar-with 16 double sided panels.

Nearby schools

7/10
Murrieta Elementary School
Public,K-54.5mi
9/10
Cole Canyon Elementary School
Public,K-55.2mi
/10
Vail Elementary School
Public,K-56.5mi
6/10
William H. Frazier Elementary School
Public,K-67.9mi
5/10
Maie Ellis Elementary
Public,K-68.3mi
6/10
Thompson Middle School
Public,6-84.6mi
7/10
Margarita Middle School
Public,6-87.0mi
4/10
James E. Potter Intermediate School
Public,7-89.1mi
8/10
Murrieta Valley High School
Public,9-124.8mi
8/10
Temecula Valley High School
Public,9-127.5mi
5/10
Fallbrook High School
Public,9-1210.4mi

Price History

Date
Event
Price
10/21/23
Listing
$1,950,000
Condition Rating
Good

Built in 2005, this property is 19 years old, placing it within the 'Good' category based on age. The description highlights an 'exquisite' Hacienda style home with a 'gourmet kitchen' featuring 'top-of-the-line Viking appliances' and 'oversized luxurious bathrooms.' The images confirm a high level of quality and meticulous maintenance throughout. The kitchen boasts white cabinetry, granite countertops, and integrated appliances, while the bathrooms feature high-end finishes like natural stone and dual vanities. All major systems appear functional and well-maintained, with the added benefit of paid-off solar panels. While the finishes are high-end and well-preserved, they reflect a style consistent with its 2005 build rather than a very recent, full renovation to 'virtually new' standards, thus aligning perfectly with the 'Good' rating.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 507038, living area = 4630.
Great Schools: Elementary School: Cole Canyon Elementary School (9/10).
Assumable VA Loan: A significant financial advantage, the property offers an assumable VA loan at an exceptionally low 2.25% interest rate, making it highly attractive to eligible buyers in the current market.
Expansive Acreage & Agricultural Potential: Spanning 11.96 acres, the property features a meticulously maintained Primitivo varietal vineyard and a family orchard (Avocado, Golden Nuggets Mandarins), offering unique lifestyle opportunities, potential income, and significant privacy.
Dedicated Guest House: A charming and independent guest house provides versatile space for visitors, an in-law suite, an artist's studio, a home office, or potential income-generating rental.
Gourmet Kitchen & Entertainer's Layout: The main house boasts an 'entertainer's dream' open floor plan with a gourmet kitchen featuring top-of-the-line Viking appliances and multiple French doors opening to a massive terrace.
Paid-Off Solar System: Equipped with 16 double-sided, paid-off solar panels, the property offers substantial long-term savings on electricity costs and promotes environmental sustainability.

Cons

Remote Location: While offering serenity, the De Luz area location may be considered remote by some, potentially leading to longer commute times for essential services, shopping, and entertainment.
High Maintenance for Large Acreage: The extensive 11.96-acre property, including a vineyard and orchard, requires significant ongoing maintenance, time commitment, and/or financial investment for upkeep.
Niche Market Appeal: The unique features such as the vineyard and large agricultural acreage may appeal to a more specialized buyer demographic, potentially limiting the pool of interested parties and affecting market liquidity.

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