Listing ID: OC22147729
Price: $2,200,000
Price/SqFt: $619.72
Status: ACTIVE
Address: 37200 Glenoaks Road
City: Temecula
State: California
Postal Code: 92592
Bedrooms: 6
Total Baths: 5
Full Baths: 4
Partial Baths: 1
SqFt: 3,550
Acres: 2.690
County: Riverside
Temecula
CA
92592
This is a once in a lifetime opportunity, to own a licensed Short-Term Rental in the heart of Temecula Wine Country. It's been almost 2-years since another expansive STR, like this, has come on the market in Temecula Wine Country. This estate property, with vineyard & mountain views, located on 2.7 acres, has THREE homes, pool/spa, a huge 1,400 sq ft RV garage, and 66 (paid for) solar panels! Each house has a full-kitchen, laundry area, private outdoor dining area and private parking. The main house has 3 bedrooms & 2.5 baths. The 2nd House has 2 bedrooms and 1.5 baths and the 3rd House has 1 bedroom & 1 bath. The heated (pebble tec) pool and spa (surrounded by palm trees) are centrally located, giving all three homes easy access to this tropical oasis. The RV Garage is located near the gated entrance for easy ingress/egress for up to 40 ft RV's. This massive garage has 220 outlets (which can be used for EV charging). The cul-de-sac lot is fully fenced. This property is located literally just minutes from multiple wineries and restaurants. Taxes are low at just over 1%. All Furniture, Furnishings, Appliances, TV's and EVERYTHING else, used to operate this Short-Term Rental, is INCLUDED in the sale. This is currently a great STR with lots of upside potential. The possibilities for this property are endless! ($153,285 Net Income - 7% Cap Rate - Self-Managed) ($115,565 Net Income - 5.3% Cap Rate - Professionally Managed) This would also make a great 2nd Home (Vacation Home) that could drive great income, when not being used by the owner.This is a once in a lifetime opportunity, to own a licensed Short-Term Rental in the heart of Temecula Wine Country. It's been almost 2-years since another expansive STR, like this, has come on the market in Temecula Wine Country. This estate property, with vineyard & mountain views, located on 2.7 acres, has THREE homes, pool/spa, a huge 1,400 sq ft RV garage, and 66 (paid for) solar panels! Each house has a full-kitchen, laundry area, private outdoor dining area and private parking. The main house has 3 bedrooms & 2.5 baths. The 2nd House has 2 bedrooms and 1.5 baths and the 3rd House has 1 bedroom & 1 bath. The heated (pebble tec) pool and spa (surrounded by palm trees) are centrally located, giving all three homes easy access to this tropical oasis. The RV Garage is located near the gated entrance for easy ingress/egress for up to 40 ft RV's. This massive garage has 220 outlets (which can be used for EV charging). The cul-de-sac lot is fully fenced. This property is located literally just minutes from multiple wineries and restaurants. Taxes are low at just over 1%. All Furniture, Furnishings, Appliances, TV's and EVERYTHING else, used to operate this Short-Term Rental, is INCLUDED in the sale. This is currently a great STR with lots of upside potential. The possibilities for this property are endless! ($153,285 Net Income - 7% Cap Rate - Self-Managed) ($115,565 Net Income - 5.3% Cap Rate - Professionally Managed) This would also make a great 2nd Home (Vacation Home) that could drive great income, when not being used by the owner.
Primary Features
County:
Riverside
Half Baths:
1
Price/SqFt:
619.72
Property Sub Type:
Detached
Property Type:
Residential
Year Built:
1989
Zoning:
R-A-2 1/2
Interior
Bedrooms 2:
6
Cooling:
Central Forced Air, Wall/Window, Whole House Fan
Equipment:
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, 6 Burner Stove, Ice Maker, Propane Oven, Self Cleaning Oven, Water Line to Refr
Fireplace:
FP in Family Room, Propane
Floor Coverings:
Carpet, Laminate
Heat Equipment:
Forced Air Unit
Heat Source:
Propane
Interior Features:
Beamed Ceilings, Copper Plumbing Full, Granite Counters, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Furnished
Laundry Location:
Closet Stacked, Laundry Room, Inside
Levels:
1 Story
Residential Unit Location:
No Common Walls
Searchable Rooms:
Bedroom Entry Level, Family Room, Finished Attic, Master Retreat, MBR Entry Level, Game Room, Kitchen, All Bedrooms Down, Laundry, Master Bathroom, Walk-In Closet
Stories in Building:
1
Total Stories:
1
External
Architectural Style:
Ranch
Complex Features:
Horse Trails
Fencing:
New Condition, Vinyl, Wood
Irrigation:
Automatic, Drip
Laundry Utilities:
Washer Hookup
Lot SqFt Approximate:
117176
Parking for RV:
Covered, Garage, On-Site Parking
Parking Garage:
Direct Garage Access, Garage, Garage - Single Door, Garage Door Opener
Parking Garage Spaces:
14
Parking Non-Garage:
Driveway, Boat, Built-In Storage
Parking Spaces Total:
26
Patio:
Covered, Slab, Patio
Pool:
Below Ground, Private, Heated with Propane, Heated, Waterfall
Roof:
Spanish Tile
Sewer/Septic:
Conventional Septic
Site:
Cul-De-Sac, Landscaped, Sprinklers In Front, Sprinklers In Rear
Spa:
Private Below Ground, Heated, Private
Utilities:
Electricity Connected, Propane, Natural Gas Not Available, Sewer Not Available, Water Connected
Water:
Public
Water Heater Type:
Propane, High Eff. Water Heater
Location
View:
Mountains/Hills, Panoramic, Pool, Vineyard
Zip/Area:
RIV CTY-TEMECULA (92592)
Additional
Miscellaneous:
Foothills, Mountainous, Rural, Horse Property Unimproved
Property Condition:
Turnkey
Supplement:
This is a once in a lifetime opportunity, to own a licensed Short-Term Rental in the heart of Temecula Wine Country. It's been almost 2-years since another expansive STR, like this, has come on the market in Temecula Wine Country. This estate property, with vineyard & mountain views, located on 2.7 acres, has THREE homes, pool/spa, a huge 1,400 sq ft RV garage, and 66 (paid for) solar panels! Each house has a full-kitchen, laundry area, private outdoor dining area and private parking. The main house has 3 bedrooms & 2.5 baths. The 2nd House has 2 bedrooms and 1.5 baths and the 3rd House has 1 bedroom & 1 bath. The heated (pebble tec) pool and spa (surrounded by palm trees) are centrally located, giving all three homes easy access to this tropical oasis. The RV Garage is located near the gated entrance for easy ingress/egress for up to 40 ft RV's. This massive garage has 220 outlets (which can be used for EV charging). The cul-de-sac lot is fully fenced. This property is located literally just minutes from multiple wineries and restaurants. Taxes are low at just over 1%. All Furniture, Furnishings, Appliances, TV's and EVERYTHING else, used to operate this Short-Term Rental, is INCLUDED in the sale. This is currently a great STR with lots of upside potential. The possibilities for this property are endless! ($153,285 Net Income - 7% Cap Rate - Self-Managed) ($115,565 Net Income - 5.3% Cap Rate - Professionally Managed) This would also make a great 2nd Home (Vacation Home) that could drive great income, when not being used by the owner.
Telecommunications:
Satellite Dish
Financial
Assessments:
Unknown
CFD/Mello-Roos Fee:
255
CFD/Mello-Roos Fee Reflct:
Year
Disclosures:
Unincorporated
Sale/Rent:
For Sale
Sales Restrictions:
Standard
Terms:
Cash, Cash To New Loan
Zoning Info
Area Info
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