Assumable mortgage at 3.625%! Assumable first mortgage of $1,425,000 with a 3.625% fixed rate for 38 years. Repayment terms are: first 8 years are interest only payments of $4,304.69. The remaining 30 years are fully amortized with a payment of $6,498.73. APR is 3.625%. Buyer must put a minimum of 20% down and obtain a second mortgage from a traditional mortgage lender OR put 41% down. Welcome to Olive Manor. The romantic, English Tudor estate property in the heart of the Temecula Valley Wine Country! Take the long, dreamy drive up to this European masterpiece that is right where it belongs in Southern California's Tuscany. The incredibly manicured and lush 2.58 acres is filled with 75 producing olive trees, 12 grapefruit trees and large, mature eucalyptus and sycamore trees, which create a pleasant peek-a-boo view of Olive Manor as you enter this gated 5,000 square foot estate. The massive pebble tech pool and spa are the centerpiece of this entertainer's dream backyard with outdoor kitchen and covered patio dinning. The tiered upper and lower lawns are perfect for lawn games and wedding parties. On the interior, the large library with vaulted ceilings and a medieval-style chandelier steals the show, along with the chef's kitchen complete with dual sinks, dual microwaves and dual ovens and a massive double fridge and freezer. The kitchen also includes a large built in icemaker and wine chiller. Upstairs the massive primary suite has a private deck and separate tub and shower combo. The home also boasts 3 fireplaces, hundreds of feet of vinyl fencing, including privacy fencing. The property also has a large dog run, a tack room built in 2016 with roughed-in electrical and plumbing, professionally installed irrigation systems, and a large detached shed also with roughed-in plumbing. No HOA. Short-term rental possibilities. Inquire with seller/county. Furniture can be purchased on separate bill of sale.
TR23209151
Single Family, Tudor, 2 Story
6
Riverside
4 Full/1 Half
1991
2.58
Acres
Public
2
Brick,Stucco
Unknown
5,013
Sq. Ft.
Yes
- 3
spaces
Electricity Connected,Propane,Sewer Not Available,Water Available
School Information
Temecula Unified
Bathrooms
4
1
Total:5
Detailed Room Information
- Bedroom(s)
- Main Level: 2, Total: 6
- Dining
- Fireplace
- Laundry
- Washer Hookup,Electric Dryer Hookup,Inside
- Bath Description
- Jack and Jill
Interior Features
- Appliances
- 6 Burner Stove,Built-In Range,Barbecue,Double Oven,Electric Water Heater,Freezer,Disposal,Ice Maker,Microwave,Propane Range,Self Cleaning Oven,Tankless Water Heater,Vented Exhaust Fan,Water Heater,Dryer,Washer
- Flooring
- Tile, Carpet, Wood
- Cooling
- Central Air, Electric, Whole House Fan, Dual, Zoned
- Heating
- Propane. Central, Fireplace.
- Common Walls
- No Common Walls
- Doors/Windows
- Double Door Entry,French Doors,Sliding Doors, Double Pane Windows
- Entry Location
- 1
- Fireplaces
- Den,Dining Room,Gas,Primary Bedroom,Multi-Sided,See Through,Wood Burning.
- Accessibility
- Doors. Safe Emergency Egress from Home,Parking,Accessible Doors,Accessible Entrance.
- Security
- Security System,Security Gate,Smoke Detector(s)
- Additional Interior Features
- Beamed Ceilings,Built-in Features,Brick Walls,Balcony,Granite Counters,High Ceilings,Paneling/Wainscoting,Recessed Lighting,Storage,Wired for Data,Jack and Jill Bath,Primary Suite,Walk-In Closet(s),Workshop
Exterior / Lot Features
- Parking
- 3 Garage Spaces. 13 Parking Spaces. 0 Covered Parking Spaces. Door-Multi,Direct Access,Driveway,Electric Gate,Garage,Gravel,Garage Faces Side,Workshop in Garage.
- Exterior
- Stucco, Brick
- Patio
- Covered,Deck,Front Porch
- Roof
- Concrete
- Pool
- InGround, Heated
- Pool Description
- Filtered,Heated,In Ground,Pebble,Pool Cover,Propane Heat,Private,Waterfall
- Spa
- Heated,In Ground,Private
- Lot View
- Hill, City, Orchard/Grove
- Zoning
- R-A-2 1/2
- Fence
- Good Condition,Vinyl,Wood
- Additional Exterior/Lot Features
- Barbecue,Lighting. 2-5 Units/Acre,Back Yard,Drip Irrigation/Bubblers,Front Yard,Horse Property,Sprinklers In Rear,Sprinklers In Front,Lawn,Lot Over 40000 Sqft,Landscaped,Rocks,Secluded,Sprinklers Timer,Sprinklers On Side,Sprinkler System,Trees.
Community Features
- Security Features
- Security System,Security Gate,Smoke Detector(s)
- Complex Features
- Security System,Security Gate,Smoke Detector(s)
Financial Considerations
924260007
1031 Exchange, Lease Back, Owner Will Carry
Loading...