48703 De Luz Rd, Temecula, CA 92590
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48703 De Luz Rd Temecula, CA 92590

$1,199,000
  • 4 Beds
  • 3.5 Baths
  • 3,012 Sq.Ft.
Pending
$1,199,000 Get Pre-Qualified

Map preview of 48703 De Luz Rd, Temecula, CA 92590

Property Overview: 48703 De Luz Rd Temecula, CA has 4 bedrooms, 3.5 bathrooms, 3,012 living square feet and 412,949 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to a classic hacienda California acreage estate. This uniquely custom Spanish style home sits atop a ridge at the center of the property boasting 360 panoramic views. A tremendous opportunity to add value. The property is bordered by a seasonal stream to the west and a year-round flowing stream on the east. Beautiful for hiking and exploring. Or to simply relax and escape the summer heat in the shade of the oaks and listen to the sounds of the babbling creek. The slope from the house down to the main road is terraced with many exotic citrus and avocado trees with plenty of room to plant a grove, or vineyard or whatever you prefer. It also has an access road that circles the property making maintenance and access ability to all 10 acres much easier. The front of the property has a potential build site with water and power available for a potential workshop, garage, granny flat, etc. The back of the property has a massive 15,000 sq ft graded build site also with water and power. It currently has nine greenhouses fully equipped with extraction fans and wet walls to keep your crops cool in the summer and warm in the winter. With over 6,000 sq ft of raised planter beds you can start your own produce business or just have to means to grow all the food you could possibly want. The property was previously approved by the county to be split into 2- 5 acre parcels or to be changed to agricultural zoning. So, the use for this area is endless. Could be great location for a secondary home, pool house and pool area, horse-stables, winery or anything else you can imagine. Near the back of the property there is a fully fenced animal enclosure. That has previously housed chickens, goats, pigs, sheep, peacocks and more. So, if your dream is to have a spacious custom home with breathtaking views, private and away from the city yet close enough to the freeway and amenities. Nearly 10 acres of highly usable land with massive upside potential. Your own high producing well providing you the water you need to raise animals grow your own crops and live off the land. Multiple build sites fully equipped with power and water ready to break ground on an income producing business or to simply build the compound of your dreams? Then this is a must-see property. Note: Garage was converted to additional bedroom without permit. Square footage to be confirmed by Buyer.

Listed by Bradley Morton | BRE #01910660 | Coldwell Banker Assoc.Brks-CL
Last checked: 8 minutes ago | Last updated: April 28th, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
412,949
HOA Dues
$0/mo
Year built
1986
Garage
--
Property Type:
Single Family Home
Status
Pending
MLS#
SW24051957
City
Temecula
County
Riverside
Time on Site
45 days

Open Houses for 48703 De Luz Rd

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Property Details for 48703 De Luz Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 4
  • Downstairs Bathrooms: 4
  • Eating Area: Dining Room
  • Flooring: Tile
  • All Bedrooms Down, Main Floor Primary Bedroom, Primary Bathroom, Primary Suite, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Electric Range, Water Heater
  • Tile Counters
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
Interior Features
  • Open Floorplan
  • Levels: One
  • Window Features: Wood Frames
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Satellite Dish
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Features: 6-10 Units/Acre, Horse Property Unimproved, Secluded
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s), Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 933180030
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Well
  • Utilities: Electricity Available, Electricity Connected
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Murrieta
  • Elementary School: MURRIE
  • Middle/Junior High School: Thompson
  • Middle/Junior High School: THOMPS
  • High School: Murrieta Valley
  • High School: MURVAL
  • High School District: Murrieta
Location / Neighborhood
Location Information
  • Directions: From I-15 exit Rancho California west, to De Luz Road South, to property #48703
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Rural
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Sale History for 48703 De Luz Rd

Last sold for $454,000 on September 17th, 2014
  • April, 2024

  • Apr 28, 2024

    Date

    Pending

    CRMLS: SW24051957

    $1,199,000

    Price

  • Mar 22, 2024

    Date

    Active

    CRMLS: SW24051957

    $1,300,000

    Price

  • September, 2014

  • Sep 17, 2014

    Date

    Sold (Public Records)

    Public Records

    $454,000

    Price

  • November, 2013

  • Nov 1, 2013

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 48703 De Luz Rd

Assessed Value (2020): $498,914
Year Land Value Improved Value Assessed Value
2020 $142,859 $356,055 $498,914

Home Value Compared to the Market

This property vs the competition

48703 De Luz Rd is listed 49.88% higher than the median list price for the city of Temecula which has a median list price of $799,999. The median price per/sqft for Temecula is $374 and this home is listed at $398.07 per/sqft which puts the price per square foot 6.44% higher than the median price per square foot for the city of Temecula.

About 48703 De Luz Rd

Detailed summary of property

48703 De Luz Rd is a single family home located in Temecula, CA 92590 and is currently in escrow to be sold. This house offers 4 bedrooms, 3.5 bathrooms, roughly 3,012 living square feet, and sits on an approximately 412,949 square foot lot. 48703 De Luz Rd was first listed on ArdentRealEstateGroup.com on March 16, 2024. The homeowner is currently asking $1,199,000 and was originally asking $1,300,000. The median priced home in Temecula is $799,999 with a median price per square foot of $374. Based on Ardent Real Estate Group's Temecula Market Data, this home is listed 49.88% higher than the median priced home. Local competing homes currently for sale include 22924 Briarwood Dr, 17648 Seven Springs Way and 17216 Seven Springs Way. While the average home in Temecula, CA is selling in 48 days, 48703 De Luz Rd has a days on market of 36 days. There are currently 382 homes for sale in the Temecula real estate market and 348 of them are single family homes while 23 of them are condos and 11 are townhomes. For more information on this home for sale at 48703 De Luz Rd Temecula, CA 92590 contact Ardent Real Estate Group and we will put you in touch with one of our Temecula agents.

Public Facts for 48703 De Luz Rd

Public county record property details
Beds
3
Baths
2
Year built
1986
Sq. Ft.
1,940
Lot Size
412,948
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
933-180-030

The source for these homes facts are from public records.

92590 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,200,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$1,300,000
Median Sold Price/Sq.Ft.
$365
Total Inventory
25
Median Sale to List Price %
94.55%
Avg Days on Market
81
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (25%), Other (50%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.