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Sold for $300,000 · Jun 2023

SOLD

Listed at $399,000

Sold

2034 Carancho Road, Temecula, CA 92590

Temecula, CA

MLS# SW22010722

Property
489 days on market

Listing Agent

Randy Roth

Listing Agent

Fairway and Ranch Realty

DRE #: 00893936

Brokerage: Fairway and Ranch Realty

Property Details

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Bedrooms

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Bathrooms

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Square Feet

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Year Built

20.34 acres

Lot Size

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Price/Sq Ft

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Garage Spaces

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HOA

Property

Property Type

Description

SUBMIT ALL OFFERS! Great Potential Income producing EUREKA lemon grove! Harvest the Eureka lemons 2-3 times per year. There are 2 older wells ran by a generator on site and a District (RCWD) 2" water meter servicing this grove. There is approximately about 5 acres and approximately 425 trees planted with room to plant plenty more. The wells are presently not operating, Buyer can inspect wells at Buyer costs during escrow) ,there is a newer diesel generator that is stored in a security container with a 500 gallon fuel tank that is NEGOCIABLE within this transaction . Ready for the serious farmer/investor that wants to make an extreme profit by watering with the wells. Or utilize the existing 2" water meter that serves the trees and still enjoy a great harvest. Grove and expense record history will be available upon request from qualified buyer. Good opportunity for someone who likes growing things. Due to Owner health issues, harvest pickers availability and market conditions the past 2 harvests have not been performed. The existing grove needs some trimming and attention. This has been an organic ceritfied grove over the years. Owner has recently surrendered the orgainic certification. A new Organic cerification would need to be applied for by new Buyer, if new Buyer wishes to become an organic farmer. No HOA area lots of privacy. Live off the power grid and raise fruit ! Room to build home(s)and barn Come enjoy the INCOME potential and farming expierience . SUBMIT ALL OFERS!!

Listing description from the June 2023 sale, as reported to CRMLS.

Facts & Features

Details

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Hills, Orchard, Valley

Sale history for 2034 Carancho Road

1 recorded sale

$300,000
Sold June 2023 · listed $399,000, orig. $535,000, on market January 2022, 489 days on market · MLS #SW22010722 · Source: CRMLS
Listing Agent: Randy Roth · Listing Office: Fairway and Ranch Realty · Contact: 951-676-2944 · Bought with: Larry Aguilar · First Team Real Estate

How this sale compares

2034 Carancho Road sold for $300,000 in June 2023, 25% under its $399,000 list price, after 489 days on the market. It was first listed at $535,000. Across 49 closed sales in 92590 over the last 12 months, the median sold price is $450,000 and the median is $429 per square foot.

$429
92590 median per sq ft (12 mo)
$450,000
92590 median sold price (12 mo)
49
Closed sales in 92590 (12 mo)
489
Days on market
−25%
Sold vs. list price
QuarterClosed sales in 92590Median sold price
Q1 20262$332,500
Q2 202622$437,250
Q3 202618$630,000
Q4 20267$1,550,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Temecula · Homes for sale in 92590

Recent sales near 2034 Carancho Road

Closed sales reported in 92590, nearest first, last 12 months. All recent sales in Temecula →

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