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Sold for $1,400,000
  • Listed by: Century 21 Masters • Melissa Grasso • Contact: 888-862-1194
    Bought with: Abundance Real Estate
    $1,400,000

    41850 Calle Cerezo, Temecula, CA 92592

    5beds
    2,624sqft
    Single Family Residence
    Built in 1982
    1.16 Acres Lot
    $1,400,000 Zestimate®
    $534/sqft
    $4,068 Estimated rent

    Home value

    $1,400,000

    $1.29M - $1.53M

    $4,068/mo

    Zestimate® history
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    What's special

    Rare Opportunity in One of Temecula’s Most Desirable Communities! Situated on over a full acre of flat, fully usable, fenced land in a private cul-de-sac, this stunning 5-bedroom, 3-bathroom single-story estate offers the best of both worlds a blend of luxury, privacy, and convenience. Located just minutes from award-winning wineries, shopping, entertainment, freeway access, and walking distance to Linfield Christian School, this is truly one of Temecula’s hidden gems. Homes in this highly sought-after community rarely come on the market — and this one is priced to sell! Behind the automatic gated entry, you’ll find an entertainer’s dream property featuring a sprawling circular concrete driveway with abundant parking, manicured turf and grass areas, and endless room for gatherings, events, RVs, toys, or future possibilities. The resort-style backyard is absolutely spectacular with a sparkling pool and spa, waterfall feature, and huge wall waterfall, large covered patio, massive outdoor fireplace, and two additional fire pits creating the ultimate atmosphere for entertaining. The property has even hosted large parties and many weddings! Inside, the spacious open floor plan is warm, inviting, and designed for comfortable living. The large kitchen overlooks the pool and opens directly to the family room, creating the perfect space for entertaining and everyday life.Engineered hardwood flooring flows throughout much of the home, while the oversized primary suite offers a luxurious retreat complete with a huge walk-in closet with custom organizers, spa-like all-tile walk-in shower, dual vanity, and quartz countertops. One of the home’s standout features is the separate back bedroom with private exterior access located near the oversized laundry room, offering excellent potential for multigenerational living, in-laws, college kids, or guest quarters! Outside there is another living quarters that could easily be converted into a casita or ADU or office! It has running water, but is not connected to the septic system. Additional highlights include: solar that will be paid by seller at close of escrow, concrete wood plank style dance floor, tons of parking for guests, RVs, boats, and toys, No HOA, Low taxes, Rare cul-de-sac location! Whether you’re searching for a private estate, entertainer’s paradise, or a home with flexible multigenerational living potential, this exceptional property truly has it all. Don’t miss your opportunity — this one will not last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Grasso DRE #02068917 8587523463,

    Century 21 Masters

    Bought with:

    Bruce Owen, DRE #02350661

    Abundance Real Estate

    Source: CRMLS,MLS#: SW26102049MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 5
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Great Room, Kitchen, Laundry, Primary Bathroom, Primary Bedroom, Other
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Down
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Range
    • Laundry: Laundry Room
    Features
    • Granite Counters, All Bedrooms Down, Primary Suite, Walk-In Closet(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,624 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Has view: Yes
    • View description: Valley
    Lot
    • Size: 1.16 Acres
    • Features: Cul-De-Sac, Horse Property, Near Park
    Details
    • Parcel number: 955050020
    • Special conditions: Trust
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Park
    Location
    • Region: Temecula

    Financial & listing details

    • Price per square foot: $534/sqft
    • Tax assessed value: $867,672
    • Date on market: 5/28/2026
    • Cumulative days on market: 2 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Submit,VA Loan

    Price history

    DateEventPrice
    7/1/2026Sold$1,400,000+3.7%$534/sqft
    Source: CRMLS #SW26102049 Report a problem
    6/11/2026Pending sale$1,350,000$514/sqft
    Source: CRMLS #SW26102049 Report a problem
    6/5/2026Listed for sale$1,350,000+98.5%$514/sqft
    Source: CRMLS #SW26102049 Report a problem
    6/25/2014Sold$680,000+68.5%$259/sqft
    Source: Public Record Report a problem
    12/6/2013Sold$403,500+24.2%$154/sqft
    Source: Public Record Report a problem
    7/31/2013Pending sale$325,000$124/sqft
    Source: CENTURY 21 Award #SW13031401 Report a problem
    7/18/2013Listed for sale$325,000$124/sqft
    Source: CENTURY 21 Award #SW13031401 Report a problem
    3/5/2013Pending sale$325,000$124/sqft
    Source: CENTURY 21 Award #SW13031401 Report a problem
    3/1/2013Listed for sale$325,000-5.2%$124/sqft
    Source: CENTURY 21 Award #SW13031401 Report a problem
    4/4/2000Sold$343,000$131/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $867,672 +2%
    2025$9,844 +1.6%$850,660 +2%
    2024$9,692 +0.9%$833,981 +2%
    2023$9,602 +2.2%$817,629 +2%
    2022$9,395 +2.1%$801,598 +2%
    2021$9,203 +1.1%$785,881 +1%
    2020$9,104 +1.5%$777,824 +2%
    2019$8,966 +2%$762,574 +2%
    2018$8,791 +1.9%$747,623 +2%
    2017$8,631 $732,964 +2%
    2016$8,631 +3.9%$718,593 +1.5%
    2015$8,306 +73.5%$707,800 +75.4%
    2014$4,788 $403,500 -5.7%
    2013-- $428,095 +2%
    2012-- $419,702 +9.6%
    2011-- $383,000 -6.2%
    2010-- $408,401 -0.2%
    2009-- $409,374 +2%
    2008-- $401,348 +2%
    2007-- $393,479 +2%
    2006-- $385,765 +2%
    2005-- $378,202 +3.9%
    2003-- $363,993 +2%
    2002-- $356,857 +2%
    2001$4,290 $349,860
    Find assessor info on the county website

    Neighborhood: 92592

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,400,000
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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
    $1,400,000