$2,085,000
$2,085,000
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3.98 Acres Lot
SOLD DATE : 05/31/2024
Key Details
Sold Price $2,085,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW24021677
Sold Date 05/31/24
HOA Y/N No
Year Built 1976
Annual Tax Amount $7,092
Tax Year 2023
Lot Size 3.980 Acres
Property Description
BACK ON THE MARKET-NO FAULT OF THE SELLER. This beautiful Temecula Wine Country property has been completely remodeled in 2021/22 with over $450,000 (see supplementals) in upgrades. Buyer can assume Seller's 1st mortgage at 2.49% (buyer must qualify to assume).It can be your wine country residence or an investment property! It has a approved CUP (see supplementals) as a Guest Ranch. Property is currently operated as a Guest Ranch/VRBO property generating over $170,000 in revenue in 2022 (see supplementals). Full of light this open floorplan concept home is the jewel of Wine Country. All new gourmet kitchen complete with granite counter tops, farm sink, and LARGE single solid granite slab island with gas stove. It has all new energy efficient windows, and a "speak easy" front door you must see! New beautiful light fixtures throughout, new commercial grade Paradigm Laminate flooring throughout. New subway tile bathroom showers, new vanities, and toilets. The home offers 2 detached casitas with en-suite bathrooms, and independent heating and cooling, and water heater. The main house has a new energy efficient tankless water heater. The home is perfect for entertaining with a large patio, and pool, and a 10 person above ground hot tub. It is ideally located on 1 of the 4 corners in the heart of Temecula Wine Country. The home has 7 bedrooms (6 bedrooms + a bonus room), 5 full en-suite bathrooms, a full guest bathroom, and a powder room on the patio. There is even a mini hair salon station complete with professional hair washing sink on property. The 4 acre property has beautiful mature landscaped grounds to include four 25 yr old canary palms, and a 30 yr old olive tree. The saltwater pool is secured by rod iron fencing. The patio has a BBQ island and mini fridge. There is a gazebo, covered mini golf green and shuffle board court, and a 4 stall barn. It has ample parking for 9+ vehicles and RVs. Listing agent/broker is co-owner of property. Buyer to verify the accuracy of all information. Property is also listed under residential #SW24016385 With a FULL price offer buyer can assume Seller's 1st mortgage at 2.49% (buyer must qualify to assume).
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dryer, Washer
Laundry Laundry Room
Exterior
Carport Spaces 2
Utilities Available Cable Connected, Electricity Connected, Propane, Other, Phone Connected, Water Connected
Roof Type Tile
Total Parking Spaces 2
Building
Lot Description Corner Lot, Horse Property, Lawn, Landscaped, Sprinklers Timer
Story 1
Water Public
Others
Tax ID 942060002
Security Features Security System
Acceptable Financing Cash, Cash to New Loan, Owner May Carry, Submit
Horse Property Yes
Listing Terms Cash, Cash to New Loan, Owner May Carry, Submit
Financing Trade
Special Listing Condition Standard
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Bought with BRIAN MACGREGOR • REALTY MASTERS & ASSOC., INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "