48703 De Luz Road
Temecula, CA 92590
- 4 beds
- 4 baths
- 3,012 sqft
- ~9 acre lot
- $398 per sqft
- 1986 build
- – on site
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.
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Last updated Apr 24, 2024
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MLS# SW24051957 —
This home is listed in more than one place. See it here.
Upcoming Open Houses
-
Sunday, 4/28
12pm-3pm
Monthly cost estimate
Asking price
$1,199,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,420
|
| Taxes | N/A |
| Insurance | $329 |
| Utilities | $257 See report |
| Total | $7,006/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/18/24
Apr 18, 2024
|
Price Changed | CRMLS_CA | $1,199,000 | -4.1% |
|
4/8/24
Apr 8, 2024
|
Price Changed | CRMLS_CA | $1,250,000 | -3.8% |
|
3/22/24
Mar 22, 2024
|
Listed / Active | CRMLS_CA | $1,300,000 | 186.3% (19.6% / YR) |