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32229 Olea, Temecula, CA 92591

$1.15M3bd · 4ba · 2,574 sqft
Lot 6,970 sqft•HOA $290/mo•Single Family Residence•
Active
•28d on market•MLS# PW-26203473

Property Description

Located in Esplanade at Sommers Bend, this thoughtfully upgraded 3-bedroom,3.5-bathroom home pairs a flexible floor plan with beautifully finished living spaces. High ceilings enhance the open kitchen, dining and living areas, while custom built-in cabinetry adds both function and character to the dining area. The main level offers an exceptional bedroom arrangement with two bedroom, each featuring its own private full bath, plus a separate powder room for guests. Upstairs, a spacious loft provides a versatile retreat for a media room, lounge, fitness area, hobby space or additional workspace, complemented by a full bath with separate tub and shower. The thee-car garage offers even more flexibility. The separate third-car bay has been finished as a dedicated office with air conditioning, luxury plank flooring and built-in cabinetry. Designed with multigenerational living in mind, this space may offer potential for conversion to additional living accomodations, subject to HOA requirements, permitting and buyer verification. Outside, the L-shaped backyard wraps around the home and is designed for easy-care outdoor living, with a covered patio, extended hardscape and artificial turf accents and professionally installed, permanent programmable exterior LED lighting for year-round ambiance, holidays, and special occassions. The two-car garage features epoxy flooring, built-in cabinetry and 220V electrical service for EV charging. Residents of Esplanade enjoy private resort-style amenities including a wellness center, 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.

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 byUnknown Office, Dawn Halili

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,815.03
Principal & Interest
Loan Amount
$920,000
Total Interest
$1,173,409
Total Payment Over 30 Years
$2,093,409
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

$1.15M
Residential Tier
Beds
3
Baths
4
Sqft
2,574
Lot
6,970 sqft
Year
2022
$/Sqft
$447
Pool: No✓
Spa: Yes✓
Garage: 3-car✓

Listed 48.4% above the median closed sale of $775,000. Price per sqft ($447) is a 39% premium to closed comps ($321).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.15M· $447/sqft
Total list price
Closed comps
vs closed median $775K
+$375K (+48.4%)
Active comps
vs active median $743K
+$407K (+54.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $333
+$114 (+34.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28875 VINECREST CourtTemecula2026442,2280$309$687,8732481
28878 VINECREST CourtTemecula2026442,2280$300$667,7597480
28884 VINECREST CourtTemecula2026442,2370$332$742,97014579
32230 Penstemon WayTemecula2023332,2255,070$375$835,00011779
32576 Bingham DriveTemecula2012432,2246,098$348$774,9991278
Total: 5 · Average3.83.62,228.45,584$332.8$741,720.274.4
Median2,228$742,970

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
46371 Sharon StreetTemecula200410/08/2026332,3866,534$774,900$770,000$3230.996082
32063 Dayspring WayTemecula202109/15/2026432,8616,151$860,000$860,000$3011.004082
32432 AngeloTemecula200209/22/2026432,6437,405$884,900$875,000$3310.9910180
40185 Canton CourtTemecula200709/21/2026332,2036,534$775,000$775,000$3521.007480
34039 Tuscan Creek WayTemecula200509/16/2026432,6098,276$799,999$775,000$2970.978480
Total: 5 · Average3.63.02,540.46,980$811,000$811,000$320.8—71.8
Median2,609$775,000$775,000

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.