38830 Mesa Road, Temecula, CA 92592

$2,412,000 Asking Price

6 beds
5 baths
5,013  sqft
Built in 1991

Assumable mortgage at 3.625%! Assumable first mortgage of $1,425,000 with a 3.625% fixed rate for 38 years. Repayment terms are: first 8 years are interest only payments of $4,304.69. The remaining 30 years are fully amortized with a payment of $6,498.73. APR is 3.625%. Buyer must put a minimum of 20% down and obtain a second mortgage from a traditional mortgage lender OR put 41% down. Welcome to Olive Manor. The romantic, English Tudor estate property in the heart of the Temecula Valley Wine Country! Take the long, dreamy drive up to this European masterpiece that is right where it belongs in Southern California's Tuscany. The incredibly manicured and lush 2.58 acres is filled with 75 producing olive trees, 12 grapefruit trees and large, mature eucalyptus and sycamore trees, which create a pleasant peek-a-boo view of Olive Manor as you enter this gated 5,000 square foot estate. The massive pebble tech pool and spa are the centerpiece of this entertainer's dream backyard with outdoor kitchen and covered patio dinning. The tiered upper and lower lawns are perfect for lawn games and wedding parties. On the interior, the large library with vaulted ceilings and a medieval-style chandelier steals the show, along with the chef's kitchen complete with dual sinks, dual microwaves and dual ovens and a massive double fridge and freezer. The kitchen also includes a large built in icemaker and wine chiller. Upstairs the massive primary suite has a private deck and separate tub and shower combo. The home also boasts 3 fireplaces, hundreds of feet of vinyl fencing, including privacy fenc

Features & Amenities

Interior

General:
Balcony,Beamed Ceilings,Copper Plumbing Partial,Granite Counters,Recessed Lighting,Wainscoting
Laundry:
Inside
Flooring:
Carpet,Tile,Wood
A/C:
Central Forced Air,Zoned Area(s),Electric,High Efficiency,Dual,Whole House Fan
Heating:
Zoned Areas,Fireplace,Forced Air Unit, Propane
Fireplace:
FP in Dining Room,Den,Gas,See Through,Two Way
Disability Feature:
2+ Access Exits,Doors - Swing In,Parking,32 Inch+ Wide Doors,Entry Slope < 1 Foot

Exterior

General:
Brick,Stucco
Style:
English,Tudor/French Normandy
Pool:
Below Ground,Private,Heated - Gas,Heated Pool,Filtered,Other,Pool Cover,Waterfall
Parking:
Driveway,Auto Driveway Gate, Parking spaces: 13

Construction

Roofing:
Concrete
General:
2 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Zoning:
R-A-2 1/2, 924260007
View:
Mountains/Hills,City Lights
Fencing:
Good Condition,Vinyl,Wood

Utilities

Utilities:
Electricity Connected,Propane,Water Available,Sewer Not Available
Water:
Public
Sewer:
Unknown Sewer

Financial

Source:
California Regional MLS, California Regional MLS

This listing courtesy of:
Homecoin.com, Jonathan Minerick

About Temecula, CA

Housing

Number of Units
44,317
Median Home Value
$531,645
Median Rent
$1,757

32.60% of housing units are renter occupied.

4.14% are vacant.

Commute

Car
65.97%
Public Transportation
0.04%
Walk to Work
0.77%
Work from Home
31.71%
Other
0.99%

The median travel time to work is 26 minutes.

People

Population
129,854
Median Age
35.90
Median Household Size
3.37

Education

High School
18.74%
Associate’s Degree
11.16%
Bachelor’s Degree
23.75%
Graduate Degree
12.49%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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