Skip To Content

37200 Glenoaks Road

Temecula, CA 92592
  • $2,200,000
  • STATUS: Active
  • ON SITE: 86 Days
  • ID#: OC22147729
UPDATED: 44 min ago
$2,200,000
  • 6
    BEDS
  • 2.69
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,550
    SQFT
  • $620
    $/SQFT
Type:
Single-Family Home
Built:
1989
County:

School Ratings & Info

School District:
Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (888-504-5327)


Description

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 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! ($183,041 Net Income - 8.3% Cap Rate - Self-Managed) ($139,373 Net Income - 6.3% 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.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-01T18:32:26.407. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/130624600
Print Image

37200 Glenoaks Road Temecula, CA 92592

  • Price: $2,200,000
  • Status: Active
  • On Site: 86 Days
  • Updated: 44 min ago
  • ID#: OC22147729
6
Beds
4
Baths
1
½ Baths
2.69
Acres
3,550
SQFT
$620
$/SQFT
1989
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
School District:
Temecula Unified
Property Description
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 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! ($183,041 Net Income - 8.3% Cap Rate - Self-Managed) ($139,373 Net Income - 6.3% 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.
Exterior Features

Architectural Style Ranch Attached Garage YN Yes Carport Spaces 4 Carport YN Yes Construction Materials Copper Plumbing Exterior Features BarbecueRain Gutters Fencing New ConditionVinylWood Foundation Details Slab Horse Amenities Riding Trail Horse YN Yes Lot Features Back YardCul-De-SacDrip Irrigation/BubblersFront YardGreenbeltHorse PropertySprinklers In RearSprinklers In FrontLandscapedSprinklers Timer Open Parking Spaces 8 Other Structures Second GarageShed(S)StorageWorkshop Parking Features Attached CarportBoatConcreteDirect AccessDoor-SingleDrivewayGarageGarage Door OpenerRv GarageRv Access/ParkingRv CoveredStorage Parking Total 26 Patio And Porch Features ConcreteCoveredPatio Pool Features HeatedIn GroundPropane HeatPrivateWaterfall Pool Private YN Yes Property Attached YN No Road Surface Type Paved Roof Spanish Tile Sign On Property YN No Spa Features HeatedIn GroundPrivate Spa YN Yes View HillsPanoramicPoolVineyard View YN Yes

Interior Features

Appliances 6 Burner StoveDishwasherDisposalHigh Efficiency Water HeaterIce MakerMicrowavePropane CooktopPropane OvenPropane Water HeaterRefrigeratorSelf Cleaning OvenWater To RefrigeratorDryerWasher Common Walls No Common Walls Cooling Central AirWhole House FanWall/Window Unit(S) Cooling YN Yes Door Features Insulated Doors Fireplace Features Family RoomOutsidePropaneWood Burning Fireplace YN Yes Flooring CarpetLaminate Heating CentralPropane Heating YN Yes Interior Features Beamed CeilingsCeiling Fan(S)Cathedral Ceiling(S)FurnishedGranite CountersOpen FloorplanPantryPull Down Attic StairsRecessed LightingStorageAll Bedrooms DownAtticBedroom On Main LevelMain Level MasterWalk-In Closet(S) Main Level Bathrooms 5 Main Level Bedrooms 6 Window Features Double Pane WindowsEnergy Star Qualified WindowsInsulated WindowsScreens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingFoothillsFishingGolfHikingHorse TrailsStable(S)LakeMountainousParkRural Disclosures Licensed Vacation RentalUnincorporated Electric 220 Volts in GaragePhotovoltaics Third-Party Owned Exclusions 1) Picture in Entrance Of Main House. 2) Antique Mirror 3) Iron Bed (Which Will Be Replaced With A Different Bed Of Same Size) Garage YN Yes Inclusions All FurnitureFurnishingsAppliancesTvs And Other Items Used To Operate This Short-Term Rental. Land Lease YN No Laundry Features Washer HookupInsideLaundry RoomStacked Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan New Construction YN No Other Equipment Satellite Dish Possession Close Of Escrow Property Condition Turnkey Property Sub Type Single Family Residence Security Features Carbon Monoxide Detector(S)Security GateKey Card EntrySmoke Detector(S) Senior Community YN No Sewer Septic Tank Special Listing Conditions Standard Structure Type House Utilities Electricity ConnectedNatural Gas Not AvailablePropaneSewer Not AvailableWater Connected Water Source Public Zoning R-A-2 1/2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-10-01T18:32:26.407. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_3_369265955-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_3_369265955-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_3_369265955-1.jpg
Logo
Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Keith Powers of Alta Realty Group Ca, Inc (888-504-5327)