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Sold for $1,199,900
  • Listing Provided by: Dreamscape Real Estate
    Bought with: The Agency
    $1,199,900

    38595 Carolbee Ln, Temecula, CA 92592

    5beds
    2,624sqft
    Single Family Residence
    Built in 1999
    8.34 Acres Lot
    $1,200,700 Zestimate®
    $457/sqft
    $4,727 Estimated rent

    Home value

    $1,200,700

    $1.09M - $1.32M

    $4,727/mo

    Zestimate® history
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    What's special

    Fenced backyardFull kitchenAmple parkingOne bathroomStylish tile flooring throughoutHigh ceilingsLarge wraparound terrace
    Opportunity knocks with this hidden gem located in the picturesque Temecula Wine Country, conveniently nestled between E. Benton Rd. and De Portola Road. This distinctive estate with freshly painted exterior features a single-family home with an attached ADU, thoughtfully designed as two separate units. The downstairs unit offers 1,600 sq. ft. of comfort, including three bedrooms, one and a half baths, a full kitchen, and spacious living and dining areas. A dedicated laundry room and access to a fenced backyard make this unit both functional and inviting, enhanced by modern upgrades like white cabinetry, stainless steel appliances, granite countertops, and stylish tile flooring throughout. Upstairs, you’ll find a bright and airy unit that boasts high ceilings and two bedrooms, one bathroom, kitchen, living and dining spaces and outdoor laundry room. Step outside to enjoy the large wraparound terrace, which offers breathtaking panoramic views of the surrounding wine country. The property is equipped with a paid solar system and a newer electrical panel, while the beautifully landscaped driveway lined with mature trees provides ample parking. Set on 8.34 acres of rolling hills, this estate also includes a substantial RV garage featuring four bays: one at 3,000 sq. ft. and three at 1,500 sq. ft. each, totaling an impressive 7,500 sq. ft. with soaring 40-foot ceilings. Recently appraised at $1.225 million in July 2025, the property comes with termite clearance, cleared septic and well certifications, along with a newly replaced well pump. Whether you envision an investment opportunity with multiple rental streams or a serene residence where you can live in one unit while renting out the other and the RV garage, this property offers tremendous potential. Some photos have been virtually staged to highlight the possibilities that await.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Allison Gelbrich DRE #01754152 Allison@dreamscaperealestateCA.com,

    Dreamscape Real Estate

    Bought with:

    Joe Chill Chilcote, DRE #01818556

    The Agency

    Source: CRMLS,MLS#: SW26043478MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 2
    • 1/2 bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bedroom
    • Features: Multi-Level Bedroom
    Bathroom
    • Features: Dual Sinks, Granite Counters, Tub Shower
    Kitchen
    • Features: Granite Counters, Kitchen/Family Room Combo
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave, Propane Range
    • Laundry: Inside, Laundry Room, Outside, See Remarks, Upper Level
    Features
    • Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
    • Flooring: Tile
    • Doors: French Doors
    • Windows: Blinds, Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 2,624 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Asphalt, Driveway, Gravel, Paved, RV Garage, Unpaved
    • Garage spaces: 20
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: FD
    • Patio & porch: Terrace, Wrap Around
    • Pool features: None
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: Panoramic
    Lot
    • Size: 8.34 Acres
    • Features: Lot Over 40000 Sqft
    Details
    • Additional structures: Guest House, Guest HouseAttached, Outbuilding, Storage, Workshop
    • Parcel number: 915410018
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Stucco
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: Well
    • Utilities for property: Propane
    Green energy
    • Energy generation: Solar

    Community & neighborhood

    Community
    • Community features: Rural
    Location
    • Region: Temecula

    Other

    Other facts
    • Listing terms: Submit
    • Road surface type: Gravel, Paved

    Price history

    DateEventPrice
    3/24/2026Sold$1,199,900$457/sqft
    Source: CRMLS #SW26043478 Report a problem
    3/4/2026Pending sale$1,199,900$457/sqft
    Source: CRMLS #SW26043517 Report a problem
    2/27/2026Listed for sale$1,199,900+111.4%$457/sqft
    Source: CRMLS #SW26043478 Report a problem
    5/28/2025Listing removed$2,560$1/sqft
    Source: Zillow Rentals Report a problem
    4/14/2025Price change$2,560-4.7%$1/sqft
    Source: Zillow Rentals Report a problem
    2/13/2025Listed for rent$2,685+37.7%$1/sqft
    Source: Zillow Rentals Report a problem
    7/24/2020Listing removed$1,950$1/sqft
    Source: Century 21 Wright #SW20091044 Report a problem
    7/20/2020Price change$1,950-4.9%$1/sqft
    Source: Century 21 Wright #SW20091044 Report a problem
    5/13/2020Listed for rent$2,050+28.1%$1/sqft
    Source: CENTURY 21 Wright #SW20091044 Report a problem
    3/3/2020Listing removed$1,600$1/sqft
    Source: CENTURY 21 Wright #SW20031060 Report a problem
    2/12/2020Listed for rent$1,600-13.5%$1/sqft
    Source: Century 21 Wright #SW20031060 Report a problem
    3/27/2018Listing removed$1,850$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    2/6/2018Listed for rent$1,850$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    2/21/2017Listing removed$1,850$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    2/10/2017Price change$1,850+19.4%$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    1/20/2017Listed for rent$1,550+12.7%$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    4/30/2016Listing removed$1,375-8%$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    3/14/2016Listed for rent$1,495-3.5%$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    2/2/2016Listing removed$1,550$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    1/26/2016Listed for rent$1,550+6.9%$1/sqft
    Source: EZ Realty & Property Management Inc. Report a problem
    8/1/2014Listing removed$1,450$1/sqft
    Source: Century 21 Wright #SW14093795 Report a problem
    5/8/2014Listed for rent$1,450$1/sqft
    Source: Century 21 Wright #SW14093795 Report a problem
    6/13/2013Sold$567,500-12.7%$216/sqft
    Source: Public Record Report a problem
    3/6/2013Listed for sale$650,000+1757.1%$248/sqft
    Source: Allison James Estates and Homes #SW13036192 Report a problem
    2/28/1997Sold$35,000$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,234 +1.5%$698,822 +2%
    2024$7,124 +0.8%$685,120 +2%
    2023$7,064 +2%$671,688 +2%
    2022$6,927 +2%$658,518 +2%
    2021$6,793 +1%$645,607 +1%
    2020$6,724 +1.4%$638,988 +2%
    2019$6,628 +1.9%$626,460 +2%
    2018$6,507 +1.8%$614,177 +2%
    2017$6,394 $602,135 +2%
    2016$6,394 +4%$590,330 +1.5%
    2015$6,150 +3.1%$581,465 +2%
    2014$5,967 $570,076 +96.8%
    2013-- $289,682 +2%
    2012-- $284,003 +2%
    2011-- $278,436 +0.8%
    2010-- $276,357 -0.2%
    2009-- $277,015 +2%
    2008-- $271,584 +52.6%
    2007-- $178,025 +2%
    2006-- $174,536 +2%
    2005-- $171,115 +19%
    2003-- $143,749 +2%
    2002-- $140,931 +2%
    2001$1,741 +0.8%$138,169 +2%
    2000$1,726 $135,460

    Find assessor info on the county website

    Neighborhood: 92592

    Nearby schools

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    Estimated market value
    $1,200,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,200,700