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40973 Cebu Drive, Temecula, California 92591, Temecula, 92591 - 4 bed, 3 bath

40973 Cebu Drive, Temecula, California 92591 home-pic-0
ACTIVE$825,000
40973 Cebu Drive, Temecula, California 92591
4Beds
3Baths
2,460Sqft
8,276Lot
Year Built
2003
Close
-
List price
$825K
Original List price
$825K
Price/Sqft
$335
HOA
$55
Days on market
-
Sold On
-
MLS number
CV25110548
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,5 Pros. Rank: price - $825.0K(68th), sqft - 2460(68th), beds - 4(50th), baths - 3(50th).

come see this stunning 4-bedroom 2 and a half bath home, located in the desirable neighborhood of "serena hills" walking distance to the temecula famous wine country, enjoy the several community amenities from: walking trails, bike paths, pocket parks, tot lots, picnic areas and recreational areas. meticulous maintained and sits in the lowest tax rates in temecula. 1 bedroom\office and half bathroom downstairs. 2 oversized bedrooms, plus a loft upstairs. along with a humongous master bedroom with walk in closet, private tub dual sinks, separate shower combo. beautiful kitchen with private breakfast bar custom counters open into family room and formal dining room, full utility room with washer dryer hookups abundant storage and counter space, 3 car garage and the most gorgeous, landscaped backyard, tranquil views & so much more.

Nearby schools

6/10
Rancho Elementary School
Public,•K-5•0.6mi
7/10
Vintage Hills Elementary School
Public,•K-5•1.2mi
7/10
Margarita Middle School
Public,•6-8•1.5mi
8/10
Temecula Middle School
Public,•6-8•1.6mi
8/10
Temecula Valley High School
Public,•9-12•1.7mi
Condition Rating
Fair
The property, built in 2003, is well-maintained as described and shown in the images. However, the kitchen features older-style wood cabinets, speckled countertops, and white appliances, which are functional but dated. Similarly, the bathrooms, while clean, exhibit original or older fixtures and finishes. The flooring is a mix of older-style tile and carpet. While move-in ready, the home would require minor cosmetic updates to the kitchen and bathrooms to meet current aesthetic standards, aligning it with the 'Fair' condition criteria.
Pros & Cons

Pros

Desirable Location & Community Amenities: Located in the sought-after 'Serena Hills' neighborhood, offering walking distance to Temecula's famous wine country and access to extensive community amenities including walking trails, bike paths, pocket parks, tot lots, picnic, and recreational areas.
Favorable Financials: Benefits from some of the lowest tax rates in Temecula and a very low association fee of $55.00, contributing to more affordable homeownership costs.
Spacious & Functional Layout: Features a well-designed 4-bedroom, 2.5-bathroom layout over 2460 sqft, including a convenient downstairs bedroom/office and half bath, an upstairs loft, and a generously sized master suite with a walk-in closet, private tub, dual sinks, and separate shower.
Meticulously Maintained & Landscaped Backyard: The property is meticulously maintained and boasts a gorgeous, landscaped backyard with tranquil views, providing an appealing outdoor living space.
Ample Parking & Storage: Includes a valuable 3-car garage, offering abundant space for vehicles, storage, or a workshop.

Cons

Significant Overpricing: The current list price of $825,000 is 20% above the estimated market value of $655,936.73, suggesting a potential challenge in attracting buyers at this price point.
Potential for Dated Systems/Deferred Maintenance: Built in 2003, the description lacks specific mention of recent major system upgrades (e.g., HVAC, water heater, roof) or comprehensive interior renovations beyond the kitchen's 'custom counters,' which could imply future capital expenditures for a buyer.
Limited High-Value Outdoor Amenities: While the backyard is landscaped, the property does not appear to offer high-demand outdoor features such as a pool, spa, or built-in outdoor kitchen, which are often desirable in the Temecula climate and present in some comparable properties.

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