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35725 Los Nogales Road
Temecula, CA 92592
$2,400,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
3884
Property Description
Elegant Tuscan-inspired, WINE COUNTRY estate and DETACHED GUEST HOUSE, nestled on 4.85 pristine acres. Boasting over 3800 sq ft of luxurious living between the 2 homes, this single story estate is something to behold! As you step into the main home, you will take in the timeless design and the serene feeling created by harmonizing 3120 sq ft of indoor space with the 1100+ sq ft of outdoor, covered area. This estate features a unique open floor plan, with natural light flooding in from all directions. Entertain with ease in the gourmet kitchen, an entertaining delight, with a massive island, top of the line appliances, prep sink and walk in pantry. The kitchen seamlessly connects with the family room, adorned with beamed ceilings, a gorgeous, double sided stone fireplace and access out to the oversized patios that overlook the stunning acreage. Off the main living is the luxurious, grand dining, with a barrel vaulted ceiling, like that of an intimate winery, and a romantic arched window overlooking the vineyards. The primary suite, occupies it's own wing of the home, and is a haven of tranquility, featuring a cozy fireplace, and a spa-like bath, with curbless, walk-in shower and soaking tub overlooking a garden space. The architecture of this home allows for an expansion of the primary suite to enlarge your sanctuary space. His and her vanities compliment the bathroom space, and a seamless flow from the primary closet gets you into the expansive laundry room, a most thoughtful design feature. On the opposite wing of the home, the extension off the dining allows for a 3rd bedroom option. The secondary suite, as intimate and stunning as the primary, offers an attached office nook, and full ensuite bath. Step outside to an entertainer's paradise - custom pavers encompass the home and all sitting areas, with a bocce ball court, fire pit and pristine BBQ island, surrounded by lush, Mediterranean style landscaping. Having guests? The adorable 764 sq ft, detached guest home boasts views like no other. There is an oversized suite, 1.5 baths, full kitchen, laundry, 170 sq ft loggia, and an expansive patio with sweeping views over the vineyards. This property has boundless potential with additional, leveled space for RV storage, horses, pool/cabana area, etc. This gated estate is everything and more. Potential for STR's with the guest home or "next gen!" Please note we have 3D tour and video tours available for this home. Some consumer sites won't show this.
Property Information
Lot Size
198,198 sqft square ft
Property Type
Residential
Year Built
2017
MLS Number
SW24057639
Location
Address
35725 Los Nogales Road
City
Temecula
State
CA
Zip Code
92592
County
RIVERSIDE (WEST)
Listing
Provider
Team Forss, original listing
Name
Team Forss
Phone
(951) 760-6027
Office Name
Team Forss Realty Group
Office Phone
(951) 760-6027
Agent Name
Goran Forss

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.