48703 De Luz Road, Temecula, CA 92590 (MLS # SW24051957)
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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.
DAYS ON MARKET | 36 | LAST UPDATED | 4/18/2024 |
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YEAR BUILT | 1986 | COMMUNITY | Southwest Riverside County |
COUNTY | Riverside | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
School District | Murrieta |
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Elementary School | Murrieta |
Jr. High School | Thompson |
High School | Murrieta Valley |
PRICE HISTORY | |
Prior to Apr 8, '24 | $1,300,000 |
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Apr 8, '24 - Apr 18, '24 | $1,250,000 |
Apr 18, '24 - Today | $1,199,000 |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Electric Range, Water Heater |
AREA | Southwest Riverside County |
BUYER'S BROKERAGE COMPENSATION | 2.000 % |
CONSTRUCTION | Brick |
GARAGE | Uncovered |
HEAT | Central |
HOA DUES | 0 |
INTERIOR | All Bedrooms Down, Main Level Primary, Open Floorplan, Primary Suite, Walk-In Closet(s) |
LOT | 9.48 acre(s) |
LOT DESCRIPTION | 6-10 Units/Acre, Horse Property, Secluded |
PARKING | Uncovered |
POOL DESCRIPTION | None |
SEWER | Septic Tank |
STORIES | 1 |
STYLE | Spanish |
UTILITIES | Electricity Available,Electricity Connected |
VIEW | Yes |
VIEW DESCRIPTION | Mountain(s),Trees/Woods |
WATER | Well |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Stream |
ZONING | R-R |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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