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62
Photos
6
beds
5
baths
5,013
sqft
Built in
1991
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.
Features & Amenities
Interior
- General:
- 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
- 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
- Laundry:
- Washer Hookup,Electric Dryer Hookup,Inside
- Flooring:
- Carpet,Tile,Wood
- A/C:
- true, Central Air,Dual,Electric,High Efficiency,Whole House Fan,Zoned
- Heating:
- true, Central,Fireplace(s),Propane,Zoned
- Fireplace:
- Den,Dining Room,Gas,Primary Bedroom,Multi-Sided,See Through,Wood Burning, Fireplace
- Disability Feature:
- Safe Emergency Egress from Home,Parking,Accessible Doors,Accessible Entrance
Exterior
- General:
- Barbecue,Lighting, Barn(s),Shed(s), Heated,In Ground,Private
- Style:
- English,Tudor
- Other Structures:
- Barn(s),Shed(s)
- Pool:
- Filtered,Heated,In Ground,Pebble,Pool Cover,Propane Heat,Private,Waterfall
- Parking:
- Door-Multi,Direct Access,Driveway,Electric Gate,Garage,Gravel,Garage Faces Side,Workshop in Garage, Parking spaces: 13
Construction
- Roofing:
- Concrete
- Windows:
- Double Pane Windows
- General:
- Brick,Drywall,Stucco, 2, Slab
Location
- Road/Access:
- Paved
- HOA Amenities:
- 0.0
- Originating MLS:
- CRMLS
- School District:
- Temecula Unified
- County:
- Riverside
Lot
- Zoning:
- R-A-2 1/2, 924260007
- View:
- City Lights,Hills,Orchard, View
- Fencing:
- Good Condition,Vinyl,Wood
Utilities
- Utilities:
- Electricity Connected,Propane,Sewer Not Available,Water Available, Electricity - On Property,220 Volts in Laundry
- Water:
- Public
- Sewer:
- Unknown Sewer
Financial
- Source:
- CRMLS
- Buyers Agent Compensation:
- 2.000
This listing courtesy of:
Homecoin.com, Jonathan Minerick
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Temecula, CA
Housing
- Number of Units
- 44,317
- Median Home Value
- $531,645
- Median Rent
- $1,757
32.60% of housing units are renter occupied.
4.14% are vacant.
Commute
- Car
-
65.97%
- Public Transportation
-
0.04%
- Walk to Work
-
0.77%
- Work from Home
-
31.71%
- Other
-
0.99%
The median travel time to work is 26 minutes.
People
- Population
- 129,854
- Median Age
- 35.90
- Median Household Size
- 3.37
Education
- High School
-
18.74%
- Associate’s Degree
-
11.16%
- Bachelor’s Degree
-
23.75%
- Graduate Degree
-
12.49%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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