36400 De Portola Road, Temecula, CA 92592 | SW22124562 | Willis Allen Real Estate

36400 De Portola Road $11,000,000

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    36400 De Portola Road Temecula, CA 92592

    • 5 Beds
    • 3 Baths
    • 4,000 sq. ft.
    • Single-Family
    • MLS# SW22124562
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    Views: 55 Days On Market: 124

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    Property Details

    Description Tours

    DEVELOPERS/Investors Amazing opportunity to develop this property into high-end equestrian estates. The Property is in the heart of Southern California's Temecula Wine Country and due to its unique location in the Valle de los Caballos, it offers multiple panoramic view locations. Known to locals as The Hat Ranch, there is local history associated with growth of the equestrian aspect of Wine Country. There is a total of 3 parcels included in this sale for 144 + or - acres which is entirely in the Wine Country - Equestrian zone (WC-E). With access to a main thorough fare, it is well positioned for easy access to retail, highways, entertainment as well as easy access to the property if developed to attract visitors. Consider this parcel with high end Winery and/or an equestrian facility, large enough to hold events, including a perfect setting for a romantic wedding venue. Approximately 1200' frontage on De Portola Rd one of the most heavily traveled roads in Temecula Wine Country. Close proximity with tremendous views of the world class Galway Downs Equestrian and event center as well as the California Ranch Company equestrian training and show facility. The property is surrounded by Horse Ranches, Estate Homes and a very short distance to some of Temecula's finest Wineries. Few miles to Old Town Temecula and Pechanga Casino. It is not uncommon to see hot air balloons floating over the property. There is a main home that requires major renovation, a smaller property manager's home that is occupied, turn out paddocks and a 5 stall barn with tack room. There are a 3 and a 1.5 water meters, and electricity on the property, 2 septic systems, gas line near the property in the street. Several mature Olive trees and native pepper trees line the roads. Property has structures on them, however due to amount of land and condition of the homes, its best use is considered to be development.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 3.000 %
      • Community Features Rural
      • County Or Parish Riverside
      • Number Of Units Total 2
      • YearBuilt 1970
    • Building Features
      • Bedrooms Total 5
      • Cooling See Remarks
      • Fireplace Features See Remarks
      • Full Bathrooms 3
      • Laundry Features See Remarks
      • Levels One
      • Living Area 4000.00
    • Property Features
      • Fencing Barbed Wire,Chain Link
      • Lot Features Agricultural - Tree/Orchard, Agricultural - Vine/Vineyard, Horse Property, Pasture, Ranch, Rolling Slope, Value In Land
      • Lot Size Acres 143.95
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Parking Total 5.00
      • Pool Private Y/N 0
      • Pool Features None
    • Schools
      • Elementary School CROHIL2
      • Middle Or Junior School TEMECU
      • High School TEMVAL2

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    Neighborhood

    92592 (Temecula) Demographics

    36 Median Age
    874 Population Density (per sq. mile)
    48% College Educated
    $108,412 Estimated Median Income
    18,675 Estimated Total Home Owners
    6,287 Estimated Total Renters
    75% / 25% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    86,115 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $690,000 Median Sales Price
    47 Homes Sold
    84 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $11,000,000
        7/26/2022 7:02:00 PM New in Database Source: Multiple Listing Service New Value: $11,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 11/27/2022 10:48:52 AM. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.