Property Q&A in Temecula>Question Details

Mike Boltres, Renter in Temecula, CA

Hello. I heard from area residents that this property was selling for around $175K. Is this true?

Asked by Mike Boltres, Temecula, CA Wed Jan 30, 2013

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Hello, thank you for your question. This property is not a 20 acre property but rather 9.72 acres. It is a premium lot and priced at $87,500 and is and has been privately owned by this seller for over 10 years. Other properties in the area are priced specifically by the owners and their agents. Comparable research of recent sales does not prove out a price of $175,000 currently for undeveloped 20 acre parcels.
0 votes Thank Flag Link Wed Jan 30, 2013
Hi Mike,

This property was listed at $179,000. It has been withdrawn (no longer for sale). The comments in the MLS state it went to Trustee Sale and now has reverted back to the bank. If you are interested in this property, you will need to have a Realtor keep an eye on it to see when the bank lists it for sale which could be in a couple months or more than a year.

Shanna Rogers
SR Realty
0 votes Thank Flag Link Wed Jan 30, 2013
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