A rare opportunity in the coveted community of Rainbow Canyon Villages & Estates, this immaculate home boasts a highly sought-after floorplan that sprawls across 1,840 SQFT with 3 bedrooms, 3 bathrooms, and a versatile den/office complete with a hallway-adjacent wardrobe closet that could potentially have the den act as a 4th bedroom. The upgrades and improvements done to this property are too many to list, but they're highlighted by granite countertops and LG Smart home appliances in the kitchen, along with a full remodel of the downstairs bathroom. Other major enhancements that must be noted include the replacing of windows and sliding doors with energy-efficient, dual pane vinyl windows, a top-of-the-line insulated garage door replacement, smart thermostat installation, modern insulation installed in both attic spaces, and a full exterior painting of the entire residence. The interior layout is ideal, with three bedrooms and two bathrooms upstairs, a large living room to greet you from the entry, and cozy family room off the kitchen and dining nook. Once you make your way to the rear yard through one of the two sliding doors, you're welcomed by a serene, natural setting that truly captures outdoor living in Temecula. Birds float between the mature landscaping and trees while you're able to relax in the covered patio area, shaded from the sun. Around the side in the backyard, you'll find a durable Tuffshed unit great for storage, along with easy access to the 2-car garage. Back out front, you'll be absolutely stunned with curb appeal of this house, as it matches the pride of ownership shown throughout the entire property. Only 2.3 miles to Old Town Temecula, 1.9 miles to Pechanga Resort, .7 miles to Temecula Creek Inn, and 5 miles from Promenade Shopping Mall. Homes like this don't come around often in this neighborhood, so don't miss out on making it yours!
Sold for $733,000
Listed by: Harcourts Prime Properties • Joseph LaLiberte • Contact: 949-599-1700
Bought with: Arrive Real Estate
$733,000
45558 Olympic Way, Temecula, CA 92592
3beds
1,840sqft
Single Family Residence
Built in 1986
7,405 Square Feet Lot
$734,300 Zestimate®
$398/sqft
$3,173 Estimated rent
Home value
$734,300
$661,000 - $815,000
$3,173/mo
Zestimate® history
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List your homeWhat's special
Curb appealMature landscapingHighly sought-after floorplanSerene natural settingCozy family roomInsulated garage door replacementLg smart home appliances
Zillow last checked:
Listing updated:
Listed by:
Joseph LaLiberte DRE #01986403 619-459-0360,
Harcourts Prime Properties
Bought with:
Erin Poturich, DRE #02152372
Arrive Real Estate
Anthony Campos, DRE #02024481
Arrive Real Estate
Source: CRMLS,MLS#: SW24241565
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Rooms
- Room types: Bedroom, Den, Entry/Foyer, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other, Dining Room
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Dual Sinks, Low Flow Plumbing Fixtures, Remodeled, Separate Shower, Tub Shower, Upgraded
Kitchen
- Features: Granite Counters, Kitchen/Family Room Combo, Remodeled, Updated Kitchen
Other
- Features: Walk-In Closet(s)
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Water To Refrigerator
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside
Features
- Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, Storage, All Bedrooms Up, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Doors: Sliding Doors
- Has fireplace: Yes
- Fireplace features: Gas Starter, Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,840 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Faces Front
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Front Door, Ground Level
- Patio & porch: Covered, Tile
- Pool features: None
- Spa features: None
- Fencing: Wood
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 7,405 Square Feet
- Features: Drip Irrigation/Bubblers, Sprinklers In Rear, Sprinklers In Front, Lawn, Sprinkler System
Details
- Additional structures: Shed(s)
- Parcel number: 922283007
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
HOA
- Has HOA: Yes
- Amenities included: Maintenance Grounds
- HOA fee: $42 monthly
- HOA name: Rainbow Canyon Villages & Estates
- HOA phone: 951-699-2918
Location
- Region: Temecula
Financial & listing details
- Price per square foot: $398/sqft
- Tax assessed value: $747,660
- Date on market: 11/29/2024
- Cumulative days on market: 32 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan
- Inclusions: Tuffshed storage unit, Ring camera above garage, Ring doorbell camera
- Exclusions: Washer, young apple/persimmon/tangerine trees, potted plants, Ring alarm system w/3 cameras
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2025 | Sold | $733,000-0.9%$398/sqft |
Source:  CRMLS #SW24241565 Report a problem | ||
| 1/27/2025 | Pending sale | $739,900$402/sqft |
Source: CRMLS #SW24241565 Report a problem | ||
| 1/2/2025 | Contingent | $739,900$402/sqft |
Source: CRMLS #SW24241565 Report a problem | ||
| 12/13/2024 | Price change | $739,900-1.3%$402/sqft |
Source: CRMLS #SW24241565 Report a problem | ||
| 11/29/2024 | Listed for sale | $749,900+15.4%$408/sqft |
Source: CRMLS #SW24241565 Report a problem | ||
| 8/5/2022 | Sold | $650,000-1.2%$353/sqft |
Source: Public Record Report a problem | ||
| 7/12/2022 | Pending sale | $658,000$358/sqft |
Source: CRMLS #IV22141215 Report a problem | ||
| 7/8/2022 | Price change | $658,000-1.8%$358/sqft |
Source: CRMLS #IV22141215 Report a problem | ||
| 6/28/2022 | Listed for sale | $670,000+2.2%$364/sqft |
Source: CRMLS #IV22141215 Report a problem | ||
| 5/20/2022 | Sold | $655,500+126%$356/sqft |
Source: Public Record Report a problem | ||
| 3/18/2015 | Sold | $290,000+28.6%$158/sqft |
Source: Public Record Report a problem | ||
| 6/30/2011 | Sold | $225,500+0.2%$123/sqft |
Source: Public Record Report a problem | ||
| 4/30/2011 | Listed for sale | $225,000$122/sqft |
Source: New Vista Realty California #T11028648 Report a problem | ||
| 3/18/2011 | Listing removed | $225,000$122/sqft |
Source: New Vista Realty California #T11028648 Report a problem | ||
| 3/6/2011 | Listed for sale | $225,000-1%$122/sqft |
Source: New Vista Realty California #T11028648 Report a problem | ||
| 8/17/2010 | Sold | $227,375$124/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $747,660 +103.3% |
| 2025 | $4,399 +1.6% | $367,783 +2% |
| 2024 | $4,332 +0.9% | $360,573 +2% |
| 2023 | $4,294 +5.7% | $353,504 +7.6% |
| 2022 | $4,063 +2.2% | $328,427 +2% |
| 2021 | $3,975 +1.1% | $321,988 +1% |
| 2020 | $3,930 +1.5% | $318,687 +2% |
| 2019 | $3,871 +2.1% | $312,439 +2% |
| 2018 | $3,793 +1.9% | $306,314 +2% |
| 2017 | $3,723 | $300,308 +2% |
| 2016 | $3,723 +21.6% | $294,421 +22.5% |
| 2015 | $3,061 +3.2% | $240,380 +2% |
| 2014 | $2,967 | $235,673 +0.5% |
| 2013 | -- | $234,610 +2% |
| 2012 | -- | $230,010 -9.1% |
| 2011 | -- | $253,000 -1.4% |
| 2010 | -- | $256,534 -0.2% |
| 2009 | -- | $257,145 +2% |
| 2008 | -- | $252,104 +2% |
| 2007 | -- | $247,161 +2% |
| 2006 | -- | $242,316 +2% |
| 2005 | -- | $237,565 +3.9% |
| 2003 | -- | $228,641 +3.9% |
| 2002 | -- | $220,000 +16.1% |
| 2001 | $2,430 +10.3% | $189,500 +14.8% |
| 2000 | $2,203 | $165,000 |
Find assessor info on the county website
Neighborhood: 92592
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Nearby schools
GreatSchools rating
- 7/10Temecula Luiseno Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Erle Stanley Gardner Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Great Oak High SchoolGrades: 9-12Distance: 2.3 mi
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Estimated market value
$734,300
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Estimated market value
$734,300
- California
- Riverside County
- Temecula
- 92592
- 45558 Olympic Way
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