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32229 Olea, Temecula, CA 92591

$1.16M3bd · 4ba · 2,574 sqft
Lot 6,970 sqft•HOA $290/mo•Single Family Residence•
Active
•48d on market•MLS# PW-26203473

Property Description

Enjoy single-level convenience with the bonus of upstairs space! Two downstairs bedrooms, each with its own private full bathroom, make this thoughtfully upgraded home in Esplanade at Sommers Bend a standout. With most of the living area on the main floor- including the kitchen, dining area and living room - you can enjoy everyday living downstairs while having additional space upstairs for guests , hobbies or relaxation. This 3-bedroom, 3.5-bathroom home combines an inviting, open layout with beautifully finished interiors. High ceilings create an airy feel throughout the main living area, while custom built-in cabinetry adds style and storage to the dining area. The two downstairs bedroom suites offer comfort and privacy, and a separate powder room provides added convenience for visitors. Upstairs, a spacious loft offers room for media lounge, fitness area, hobby retreat or additional workspace, complemented by a full bathroom with a separate tub and shower. For buyers seeking primarily main-level living without giving up extra room to spread out, this flexible floor plan deserves a closer look. The separate third-car garage bay has been finished as a dedicated office with air conditioning, luxury plank flooring and built-in cabinetry. The two-car garage features epoxy flooring, built-in storage and 220V electrical service for EV charging. Outside, an L-shaped backyard wraps around the home, creating an inviting setting for easy-care outdoor living. Enjoy a covered patio, extended hardscape, artificial turf accents and professionally installed, permanent programmable exterior LED lighting for holidays, celebrations and year-round ambiance. Esplanade residents enjoy private resort-style amenities including a gym, pool and hot tub, pickleball and bocce courts, barbeques and miles of multi-use trails- all within easy reach of Temecula Wine Country and its renowned wineries. Come experience the convenience of two downstairs bedroom suites, generous main-level living and the flexibility of an upstairs retreat. Schedule your private showing with Dawn at (714) 914-3296.

Features & Amenities

FeeBuilt 2022

Property Details

Land Type
Fee
Year Built
2022
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central
Cooling
Central Air
City
Temecula
Zip Code
92591
County
Riverside
Listed byGolden Eagle Properties, Dawn Halili

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,840.31
Principal & Interest
Loan Amount
$924,000
Total Interest
$1,178,511
Total Payment Over 30 Years
$2,102,511
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

32229 Olea, Temecula, CA 92591

Temecula · Single Family Residence

$1.16M
Residential Tier
Beds
3
Baths
4
Sqft
2,574
Lot
6,970 sqft
Year
2022
$/Sqft
$449
Pool: No✓
Spa: Yes✓
Garage: 3-car✓

Listed 14.9% above the median closed sale of $1,005,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.16M· $449/sqft
Total list price
Closed comps
vs closed median $1.00M
+$150K (+14.9%)
Active comps
vs active median $1.07M
+$80K (+7.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $387
+$62 (+16.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
39914 Novel CourtTemecula2022342,5748,276$464$1.20M2989
39589 VerbenaTemecula2021332,062470,012$509$1.05M478
32163 VerbenaTemecula2021533,1816,499$311$989,0005978
31700 AbruzzoTemecula2015453,2385,227$332$1.07M775
39494 Sagewood RdgTemecula2023554,0697,453$319$1.30M3969
Total: 5 · Average4.04.03,024.899,493.4$387$1.12M27.6
Median3,181$1.07M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
39619 DayspringTemecula202310/22/2026332,0627,405$1.09M$1.07M$5210.988784
39673 Sagewood RidgeTemecula202410/28/2026442,3546,338$1.07M$1.00M$4250.934482
32375 Salvia LaneTemecula202305/27/2026332,20710,155$995,000$1.00M$4551.016679
32119 Verbena WayTemecula202202/23/2026432,7305,924$999,999$999,999$3661.004077
39460 Chamise StreetTemecula202511/07/2025443,1117,124$1.16M$1.10M$3540.9414477
Total: 5 · Average3.63.42,492.87,389.2$1.04M$1.04M$424.2—76.2
Median2,354$1.00M$1.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.