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For sale
  • Listed by: Davida Parker, Broker • Davida Parker • Contact: 760-707-4607
    $900,000

    45573 Olympic Way, Temecula, CA 92592

    4beds
    2,602sqft
    : 
    $5,957/mo
    Get pre-qualified
    Single Family Residence
    Built in 1986
    8,712 Square Feet Lot
    $890,100 Zestimate®
    $346/sqft
    $42/mo HOA

    What's special

    Welcome to this highly desired South Temecula Rainbow Canyon Village & Estates beautifully designed home featuring an open and inviting layout with all new flooring, soaring cathedral ceilings and a warm fireplace in the formal living room. Just beyond, the versatile formal dining area can also serve as a bonus living or entertaining space. Step outside to your own backyard oasis featuring a sparkling salt water swimming pool and soothing spa, with your own grapevines, orange, avocado, lemon, and grapefruit trees. Ideal for entertaining and enjoying Temecula Valley's beautiful weather. Entertain in this upgraded quartz kitchen with new appliances, new sliders and windows that open up to expansive back yard. Enjoy Energy efficiency with over 30 Paid Off solar panels, with Two Tesla Power walls. Also included is Paid off RO filter and soft water system. The spacious family room offers a cozy fireplace and new sliding glass doors that lead to the spacious backyard, creating a seamless indoor-outdoor living and entertaining experience. A downstairs bedroom and full bathroom provide ideal accommodations for guests, extended family, or a home office. Upstairs, the private primary suite is a peaceful retreat with French doors opening to a secluded deck where you can unwind while taking in breathtaking mountain sunsets. The ensuite bath includes a luxurious Roman soaking tub, perfect for relaxing at the end of the day. A unique upstairs bonus area with a built-in wet bar adds extra flexibility and sits conveniently between the two secondary bedrooms. This South Temecula location offers convenient access for commuters and is just minutes from shopping, restaurants, entertainment, Temecula Creek Inn & Golf Resort, and Temecula's renowned Wine Country. Don't miss the opportunity to make this exceptional home yours!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Davida Parker DRE #01951861 760-707-4607,

    Davida Parker, Broker

    Source: CRMLS,MLS#: SW26171557MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Bonus Room, Bedroom, Laundry, Living Room, Office, Dining Room
      Bedroom
      • Features: Bedroom on Main Level
      Bathroom
      • Features: Bathtub
      Kitchen
      • Features: Kitchen Island
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Inside
      Features
      • Separate/Formal Dining Room, Eat-in Kitchen, Bedroom on Main Level
      • Has fireplace: Yes
      • Fireplace features: Living Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,602 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Has private pool: Yes
      • Pool features: In Ground, Private, Salt Water
      • Has view: Yes
      • View description: Mountain(s), Neighborhood
      Lot
      • Size: 8,712 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 922282015
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1986

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Suburban
      HOA
      • Has HOA: Yes
      • Amenities included: Other
      • HOA fee: $42 monthly
      • HOA name: Rainbow Canyon
      • HOA phone: 951-699-2918
      Location
      • Region: Temecula

      Financial & listing details

      • Price per square foot: $346/sqft
      • Tax assessed value: $859,578
      • Date on market: 8/15/2026
      • Listing terms: Submit

        Estimated market value

        $890,100

        $846,000 - $935,000

        $4,048/mo

        Price history

        DateEventPrice
        8/15/2026Listed for sale$900,000+11.1%$346/sqft
        Source: CRMLS #SW26171557 Report a problem
        7/25/2022Sold$810,000+1.3%$311/sqft
        Source: Public Record Report a problem
        7/15/2022Pending sale$799,900$307/sqft
        Source: CRMLS #SW22126787 Report a problem
        6/27/2022Contingent$799,900$307/sqft
        Source: CRMLS #SW22126787 Report a problem
        6/24/2022Price change$799,900-3%$307/sqft
        Source: CRMLS #SW22126787 Report a problem
        6/17/2022Listed for sale$825,000+77.4%$317/sqft
        Source: CRMLS #SW22126787 Report a problem
        10/13/2017Sold$465,000-2.7%$179/sqft
        Source: Public Record Report a problem
        9/20/2017Pending sale$478,000$184/sqft
        Source: CENTURY 21 Wright #SW17180798 Report a problem
        8/31/2017Price change$478,000-2%$184/sqft
        Source: CENTURY 21 Wright #SW17180798 Report a problem
        8/7/2017Listed for sale$488,000+72.4%$188/sqft
        Source: CENTURY 21 Wright #SW17180798 Report a problem
        5/31/2011Sold$283,000-4.1%$109/sqft
        Source: Public Record Report a problem
        5/1/2011Price change$295,000-1.7%$113/sqft
        Source: Tarbell Realtors-Temecula #T11039952 Report a problem
        3/31/2011Listed for sale$299,999+26.1%$115/sqft
        Source: Tarbell, Realtors #T11039952 Report a problem
        3/23/2011Sold$238,000-8.5%$91/sqft
        Source: Public Record Report a problem
        6/2/2009Listing removed$260,000$100/sqft
        Source: Listhub #C09058511 Report a problem
        5/31/2009Listed for sale$260,000-47.7%$100/sqft
        Source: Listhub #C09058511 Report a problem
        4/1/2005Sold$497,000+16.9%$191/sqft
        Source: Public Record Report a problem
        10/15/2003Sold$425,000$163/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $859,578 +2%
        2025$9,449 +1.6%$842,724 +2%
        2024$9,304 +0.9%$826,200 +2%
        2023$9,222 +51.2%$810,000 +62.5%
        2022$6,098 +2.1%$498,571 +2%
        2021$5,970 +1.1%$488,796 +1%
        2020$5,905 $483,785 +2%
        2019-- $474,300 +2%
        2018$6,356 +65.3%$465,000 +48.8%
        2017$3,845 $312,399 +2%
        2016$3,845 +3.8%$306,274 +1.5%
        2015$3,703 +3.2%$301,676 +2%
        2014$3,590 $295,768 +0.5%
        2013-- $294,433 +2%
        2012-- $288,660 +0.9%
        2011-- $286,000 +2.9%
        2010-- $278,000 -19%
        2009-- $343,000 -13.8%
        2008-- $398,000 -23%
        2007-- $517,078 +2%
        2006-- $506,940 +16.9%
        2005-- $433,500 +74.2%
        2003-- $248,910 +2%
        2002-- $244,030 +2%
        2001$3,075 +6.7%$239,246 +6.3%
        2000$2,881 $225,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92592

        Getting around

        30 / 100
        Car-Dependent
        19 / 100
        Minimal Transit
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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