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34020 Madera De Playa, Temecula, California 92592, Temecula, 92592 - 3 bed, 3 bath

34020 Madera De Playa, Temecula, California 92592 home-pic-0
ACTIVE$1,989,000
34020 Madera De Playa, Temecula, California 92592
3Beds
3Baths
3,027Sqft
221,284Lot

Price Vs. Estimate

The estimated value ($1,828,665.465) is $160,334.535 (8%) lower than the list price ($1,989,000). This property may be overpriced.

Key pros and cons

Top 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 = 221284, living area = 3027.
Top Cons:
Age of Core Structure: Built in 1984, the property's core structure is 40 years old, which may imply potential for older systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades despite interior renovations.

Compared to the nearby listings

Price:$1.99M vs avg $800.0K (+$1,189,000)95%
Size:3,027 sqft vs avg 2,472.5 sqft70%
Price/sqft:$657 vs avg $35699%

More Insights

Built in 1984 (41 years old).
Condition: The property, built in 1984, features a beautifully updated and tastefully renovated interior, as evidenced by the modern kitchen (described as 'well-appointed'), and the extensively renovated bathroom with new fixtures, white shaker cabinets, black hardware, and a glass-enclosed shower. The flooring is modern wood-look, and lighting fixtures are updated. An owned solar system is a significant upgrade. While the visible interior is in excellent, move-in ready condition, the property's core structure is 40 years old, and the listing's analysis notes the potential for older underlying systems (plumbing, electrical, HVAC) that may not have been fully replaced during the renovation. This prevents it from meeting the 'Excellent' criteria of 'all components new or virtually new,' but it far exceeds 'Fair' due to the high-quality, recent interior updates.
Year Built
1984
Close
-
List price
$1.99M
Original List price
$2.1M
Price/Sqft
$657
HOA
-
Days on market
-
Sold On
-
MLS number
250022649SD
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic
Patio
ViewMountain(s), Panoramic

About this home

Located in the heart of Temecula wine country, this beautifully updated 3 bed, 3 bath home sits on 5 usable acres with sweeping views of vineyards, nearby wineries, and snow-capped mountains. Blending modern comfort with country charm, step inside to find a light-filled, tastefully renovated interior featuring spacious living areas, a well-appointed kitchen, and inviting bedrooms complete with owned solar. Equestrian enthusiasts will appreciate the property's turnkey horse facilities, including an 8-stall barn complete with wash racks, feed room, and tack room, an arena, fenced pastures and easy access to trails creating the perfect recipe for training, turnout, or simply enjoying the serene landscape. A stone’s throw from Galway Downs, this property is in the hub of all things horses in the area. Whether you're seeking a private sanctuary, equestrian haven, or wine country retreat, this property offers endless possibilities. A rare opportunity to enjoy privacy, functionality, and breathtaking scenery in one exceptional package.

Condition Rating
Good
The property, built in 1984, features a beautifully updated and tastefully renovated interior, as evidenced by the modern kitchen (described as 'well-appointed'), and the extensively renovated bathroom with new fixtures, white shaker cabinets, black hardware, and a glass-enclosed shower. The flooring is modern wood-look, and lighting fixtures are updated. An owned solar system is a significant upgrade. While the visible interior is in excellent, move-in ready condition, the property's core structure is 40 years old, and the listing's analysis notes the potential for older underlying systems (plumbing, electrical, HVAC) that may not have been fully replaced during the renovation. This prevents it from meeting the 'Excellent' criteria of 'all components new or virtually new,' but it far exceeds 'Fair' due to the high-quality, recent interior updates.
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 = 221284, living area = 3027.
Prime Location & Panoramic Views: Situated in the heart of Temecula wine country, this property offers sweeping panoramic views of vineyards, wineries, and snow-capped mountains, providing a highly desirable and picturesque setting.
Turnkey Equestrian Facilities: The property boasts comprehensive, turnkey equestrian facilities, including an 8-stall barn with wash racks, feed/tack rooms, an arena, fenced pastures, and direct trail access, ideal for serious horse enthusiasts.
Expansive & Usable Acreage: With 5 usable acres, the property provides ample space for privacy, equestrian activities, potential expansion, and a serene country lifestyle.
Tastefully Updated Interior: The home features a beautifully updated and tastefully renovated interior with spacious living areas and a well-appointed kitchen, offering modern comfort and move-in readiness.
Owned Solar System: The inclusion of an owned solar system provides significant long-term energy cost savings and enhances the property's environmental sustainability.

Cons

Age of Core Structure: Built in 1984, the property's core structure is 40 years old, which may imply potential for older systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades despite interior renovations.
Niche Market Appeal: The extensive equestrian amenities, while a significant asset, cater to a specialized buyer demographic, potentially narrowing the pool of interested purchasers and extending market time.
Recent Price Reduction: A recent price reduction from the original list price suggests that the initial pricing may have been ambitious or that the property is experiencing some market resistance at its current price point.

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