Spacious Traditional Estate in Temecula’s Coveted Rancho Highlands! Nestled in the heart of the highly sought-after Rancho Highlands community, this impressive three-bedroom, two-and-a-half-bathroom residence offers a rare combination of classic architecture and an unbeatable Temecula location. The home makes a grand first impression with a formal entry featuring vaulted ceilings and a wood-railing staircase that overlooks the inviting living room and its traditional fireplace. High-quality hardwood laminate flooring spans the first floor, leading through a versatile floor plan that includes a formal dining room and a functional kitchen. The kitchen, which features a newer microwave, oven, and cooktop, opens directly into a cozy eating area and a family room enhanced by a built-in bar and custom cabinetry, creating a perfect hub for daily living and entertaining. The interior flow is designed for comfort, with large sliding glass doors that invite you out to a spacious backyard characterized by mature landscaping and shade-giving trees. This outdoor retreat is a standout feature of the property, offering a private pool and a fire pit area set under the willows, providing an ideal space for hosting friends or enjoying quiet evenings. Practicality is found throughout the main level, including a powder room and a dedicated laundry-mudroom equipped with a sink and countertop. The attached three-car garage provides significant utility, with plenty of depth to accommodate a workshop, fitness area, or additional storage needs. The second story is a dedicated private retreat featuring a spacious primary suite. This master retreat includes a private balcony that offers peaceful views of the expansive yard and the surrounding estate properties, along with an ensuite bathroom featuring an extra-large vanity, soaking tub, and separate shower. Two additional well-proportioned bedrooms share a large hallway bathroom with a double vanity, providing ample space for family or guests. Throughout much of the home, classic plantation shutters remain a high-value feature, adding a touch of architectural character and light control to every room. Living in Rancho Highlands provides access to a premium suite of amenities, including a private park, tennis courts, pickleball courts, a community pool, spa, and playgrounds, all while benefiting from a notably low tax rate. The home’s location is exceptional for those who value convenience, sitting within walking distance to the vibrant dining and culture of Old Town Temecula, the Temecula Duck Pond, and local shopping hubs. With rapid freeway access that remains tucked away from the noise, this well-maintained home is ready for a new owner to move in and enjoy the quintessential Temecula lifestyle in an established, amenity-rich neighborhood.
For sale
Listed by: HomePERQs, Inc
Price cut: $40K (6/11)
$735,000
43870 Gatewood Way, Temecula, CA 92592
3beds
2,333sqft
Single Family Residence
Built in 1987
8,276 Square Feet Lot
$733,300 Zestimate®
$315/sqft
$107/mo HOA
What's special
Traditional fireplaceWood-railing staircasePrivate poolSpacious primary suiteFormal dining roomCozy eating areaPowder room
- 63 days |
- 1,837 |
- 122 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
James Hilgesen DRE #01968748 760-685-2637,
HomePERQs, Inc,
James Hilgesen DRE #01968748 760-685-2637,
HomePERQs, Inc
Source: CRMLS,MLS#: NDP2604153
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Cooling
- Central Air, Heat Pump
Appliances
- Laundry: Gas Dryer Hookup, Laundry Room
Features
- All Bedrooms Up
- Has fireplace: Yes
- Fireplace features: Gas, Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,333 sqft
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Garage - Attached
- Attached garage spaces: 3
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front door
- Has private pool: Yes
- Pool features: Private
- Has view: Yes
- View description: Park/Greenbelt, Neighborhood, Pool
Lot
- Size: 8,276 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 944040023
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Curbs, Gutter(s), Street Lights, Suburban, Sidewalks
HOA
- Has HOA: Yes
- Amenities included: Trail(s)
- HOA fee: $107 monthly
- HOA name: Rancho Highlands
- HOA phone: 951-699-2918
Location
- Region: Temecula
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $769,893
- Annual tax amount: $8,889
- Date on market: 4/30/2026
- Cumulative days on market: 63 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$733,300
$697,000 - $770,000
$4,166/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Price change | $735,000-5.2%$315/sqft |
Source: | ||
| 5/27/2026 | Price change | $775,000-3.1%$332/sqft |
Source: | ||
| 4/30/2026 | Listed for sale | $799,999+8.1%$343/sqft |
Source: | ||
| 7/5/2022 | Sold | $740,000+0%$317/sqft |
Source: Public Record Report a problem | ||
| 6/9/2022 | Contingent | $739,999$317/sqft |
Source: | ||
| 5/11/2022 | Listed for sale | $739,999+111.4%$317/sqft |
Source: | ||
| 1/16/2015 | Sold | $350,000$150/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,889 +1.5% | $769,893 +2% |
| 2024 | $8,757 +0.9% | $754,798 +2% |
| 2023 | $8,681 +79.7% | $739,999 +86.7% |
| 2022 | $4,831 +2.2% | $396,379 +2% |
| 2021 | $4,729 +1.1% | $388,608 +1% |
| 2020 | $4,677 +1.5% | $384,624 +2% |
| 2019 | $4,607 +2% | $377,084 +2% |
| 2018 | $4,516 +1.8% | $369,691 +2% |
| 2017 | $4,435 | $362,443 +2% |
| 2016 | $4,435 -5.2% | $355,337 -3.9% |
| 2015 | $4,678 +4.7% | $369,860 +2% |
| 2014 | $4,468 | $362,617 +14.4% |
| 2013 | -- | $317,000 +15.3% |
| 2012 | -- | $275,000 -20.7% |
| 2011 | -- | $346,965 +0.8% |
| 2010 | -- | $344,375 -0.2% |
| 2009 | -- | $345,195 +2% |
| 2008 | -- | $338,427 +2% |
| 2007 | -- | $331,792 +2% |
| 2006 | -- | $325,287 +2% |
| 2005 | -- | $318,909 +3.9% |
| 2003 | -- | $306,929 +11.6% |
| 2002 | -- | $275,000 +15.5% |
| 2001 | $3,080 +4.7% | $238,000 +8.2% |
| 2000 | $2,941 | $220,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 92592
Nearby schools
GreatSchools rating
- 6/10Vail Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Margarita Middle SchoolGrades: 6-8Distance: 1.8 mi
- 9/10Temecula Valley High SchoolGrades: 9-12Distance: 1.4 mi
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- California
- Riverside County
- Temecula
- 92592
- 43870 Gatewood Way





