• 38830 Mesa Road Temecula, CA 92592

  • $2,412,000
  • 6
    Bed(s)
  • 4
    Baths
  • 5,013
    Sq Ft
  • 112385
    Sqft
  • Listed By: Jonathan Minerick, Homecoin.com, DRE #01523060
  • Source: CRMLS

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 fencing. The property also has a large dog run, a tack room built in 2016 with roughed-in electrical and plumbing, professionally installed irrigation systems, and a large detached shed also with roughed-in plumbing. No HOA. Short-term rental possibilities. Inquire with seller/county. Furniture can be purchased on separate bill of sale.

Property Type :

Residential

County :

Riverside

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 6

Bathroom Information

Total Baths: 5

Full Baths: 4

Half Baths: 1

Water/Sewer

Water Source : Public

Sewer : Unknown

Interior Features

Roof : Concrete

Exterior Property Features : Barbecue,Lighting

Interior Features: Beamed Ceilings,Built-in Features,Brick Walls,Balcony,Granite Counters,High Ceilings,Paneling/Wainscoting,Recessed Lighting,Storage,Wired for Data,Jack and Jill Bath,Primary Suite,Walk-In Closet(s),Workshop

Windows: Double Pane Windows

Property Appliances: 6 Burner Stove,Built-In Range,Barbecue,Double Oven,Electric Water Heater,Freezer,Disposal,Ice Maker,Microwave,Propane Range,Self Cleaning Oven,Tankless Water Heater,Vented Exhaust Fan,Water Heater,Dryer,Washer

Fireplace: Den,Dining Room,Gas,Primary Bedroom,Multi-Sided,See Through,Wood Burning

Flooring: Carpet,Tile,Wood

Cooling Features

Central Air,Dual,Electric,High Efficiency,Whole House Fan,Zoned

Air Conditioning

Heating Source

Central,Fireplace(s),Propane,Zoned

Has Heating

Fireplace

Fireplace Features: Den,Dining Room,Gas,Primary Bedroom,Multi-Sided,See Through,Wood Burning

Has Fireplace: 1

Building Information

Year Built: 1991

Construction: Brick,Drywall,Stucco

Roof: Concrete

Exterior Features

Barbecue,Lighting

Foundation

Slab

Security Features

Security System,Security Gate,Smoke Detector(s)

Accessibility Features

Safe Emergency Egress from Home,Parking,Accessible Doors,Accessible Entrance

Pool Features

Filtered,Heated,In Ground,Pebble,Pool Cover,Propane Heat,Private,Waterfall

Laundry Features

Washer Hookup,Electric Dryer Hookup,Inside

Patio And Porch

Covered,Deck,Front Porch

Fencing

Good Condition,Vinyl,Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 2.58

Lot Size Source: Assessor

Lot Size Square Feet: 112385

Listing Price Information

Original List Price: 2,412,000

Listing Contract Date: 2023-11-11

Lease Information

Listing Agreement: Open

Tax Information

Parcel Number: 924260007

Garage and Parking

Garage Description: Door-Multi,Direct Access,Driveway,Electric Gate,Garage,Gravel,Garage Faces Side,Workshop in Garage

Attached Garage: Yes

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: SRCAR - Southwest Riverside County

Postal Code Plus 4: 8697

Directions: From Rancho California Rd and Glen Oaks Rd: Proceed east on Glen Oaks Rd for two miles, then turn left (north) onto Mesa Rd. Proceed 1/3 of a mile to property entrance, make a right into the drive with the "Olive Manor" sign.

Zoning: R-A-2 1/2

Source Property Type: Residential

Area: SRCAR - Southwest Riverside County

Property SubType: Single Family Residence

Building and Construction

Property Age: 33

Common Walls: No Common Walls

Structure Type: Single Family Residence

Year Built Source: Assessor

Total Square Feet Living: 5013

Entry Level: 1

Entry Location: 1

Levels or Stories: Two

Building Total Stories: 2

Structure Type: House

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ByOwner last updated this listing 05/16/2024 @ 09:14

MLS: TR23209151
LISTED BY: Jonathan Minerick, Homecoin.com
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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