38830 Mesa Road, Temecula, CA 92592

$2,412,000
6
BD
5
BA
5,013
SqFt
List Price
$2,412,000
Status
ACTIVE
MLS#
TR23209151
Bedrooms
6
Bathrooms
5
Living Sq. Ft
5,013
Lot Size(apprx.)
112,385
Property Type
Single Family Residential
Year Built
1991

Property Description

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 fenc

Additional Information

Mello Roos Fee
$627
Total Monthly Fee
$52
Pool
Yes
View
Mountains/Hills, City Lights
Stories
2 Story
Architectural Style
English, Tudor/French Normandy
Roof
Concrete
Equipment Available
Disposal, Dryer, Microwave, Washer, 6 Burner Stove, Double Oven, Freezer, Ice Maker, Propane Range, Self Cleaning Oven, Vented Exhaust Fan, Barbecue
Additional Rooms
Den, Formal Entry, Library, Media/Music, Workshop, Kitchen, Entry, Jack & Jill, Laundry, Walk-In Closet
Cooling
Central Forced Air, Zoned Area(s), Electric, High Efficiency, Dual, Whole House Fan
Heat Equipment
Zoned Areas, Fireplace, Forced Air Unit
Patio
Covered, Deck
Heat Source
Propane

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jonathan Minerick (888-400-2513) from Listing Office: Homecoin.com.