Listed by Sherry Powers, AARE, (858) 342-9292
45534 Olympic Way
Temecula, CA 92592
4 Beds
3 Baths
2,068 sqft
4 Beds
3 Baths
2,068 sqft
We estimate this home will sell faster than 91% nearby.
Local Information
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Description
Gathering space extraordinaire! Gorgeous POOL home on an large, flat rectangular lot in the desirable Rainbow Canyon Villages and Estates community. Located in the peaceful interior portion of this established community and in close proximity to San Diego County, all who enter are welcomed by a covered front patio that leads graciously into a light-filled home featuring a bright kitchen with granite counters, resurfaced soft-close cabinetry, stainless steel appliances, a peninsula with seating, and generous pantry storage. The east-facing kitchen opens to a comfortable family room, ideal for everyday living and entertaining and faces the breathtaking backyard with a soothing pool and spa with waterfall feature that were lovingly resurfaced in 2025. The expansive primary suite offers more backyard views, dual sinks, a soaking tub with shower, multiple closets, and a semi-private loft with exterior and interior balconies. Upstairs are two additional guest bedrooms, a full guest bath, and hallway storage cabinets. A generous downstairs bedroom and ¾ bath offer added flexibility for a home office, multigenerational living or other option limited only by your imagination. The living and dining areas open to the resort-style backyard--a true showcase feature. Take in the iconic views of local Temecula hills and mountains. With summer upon us, there is no better time to plunge into this entertainer's delight. There is a Puronics water purification system installed in 2021 and the upgraded NexGen HVAC system was installed in 2023. Conveniently located near Rainbow Canyon Road and Temecula Creek Golf Course, Pechanga Resort, with Wine Country just a few miles to the east. Zoned for Great Oak High School. A large, well-designed laundry and utility room completes the home. Low HOA and low taxes!
We estimate this home will sell faster than 91% nearby.
Home Highlights
Parking
2 Car Garage
Outdoor
Porch, Patio, Deck, Pool
A/C
Heating & Cooling
HOA
$72/Monthly
Price/Sqft
$363
Listed
46 days ago
Home Details for 45534 Olympic Way
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Interior Details Number of Rooms: 12Types of Rooms: Master Bedroom, Bedroom, Bathroom, Family Room, Kitchen, Laundry, Living Room, Loft, Utility Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 1Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2068 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Dishwasher, Gas Cooktop, Gas Oven, Microwave, Water Softener, Water To Refrigerator, Water Heater, Water PurifierDishwasherLaundry: Washer Hookup,Gas Dryer Hookup,Inside,Laundry RoomMicrowave |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Living RoomSpa: Heated, In Ground, PrivateHas a FireplaceHas a Spa |
Gas & Electric Electric: Standard |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Skylight(s)Door: French Doors, Sliding DoorsFlooring: Carpet, Laminate, TileCommon Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1Accessibility: Low Pile CarpetFloors: Carpet, Laminate, Tile |
View Has a ViewView: Hills, Mountain(s), Neighborhood, Pool |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s) |
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Exterior Home Features Roof: TilePatio / Porch: Deck, Front Porch, Open, PatioFencing: Average Condition, Needs Repair, Wood, Wrought IronFoundation: SlabHas a Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Concrete,Direct Access,Driveway,Garage Faces Front,Garage |
Pool Pool: Gas Heat, In Ground, PrivatePool |
Frontage Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 44Days on Market: 46 |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House |
Building Construction Materials: StuccoNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Condition: Repairs CosmeticParcel Number: 922283005 |
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Price List Price: $749,900Price Per Sqft: $363 |
Status Change & Dates Possession Timing: See Remarks |
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MLS Status: Active |
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Direction & Address City: Temecula |
School Information High School: Great OakHigh School District: Temecula Unified |
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Listing Agent Listing ID: SW26092142 |
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Community Features: Gutter(s), Storm Drain(s), Street Lights, Suburban, SidewalksNot Senior Community |
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HOA Name: Rainbow VillagesHOA Phone: 951-244-0048Association for this Listing: California Regional MLSHas an HOAHOA Fee: $72/Monthly |
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Lot Area: 7405 sqft |
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Special Conditions: Standard |
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Contingencies: NoneListing Terms: Cash, Cash to New Loan, Conventional, FHA, Submit, VA Loan |
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Mls Number: SW26092142Living Area Range Units: Square FeetAttribution Contact: 949-394-3685Activation Date: Thu May 07 2026Common Interest: Planned DevelopmentStart Showing Date: Thu May 07 2026Universal Property Id: US-06065-N-922283005-R-N |
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HOA Amenities: Call for Rules,Pets AllowedSource Internet Entire Listing Display |
Last check for updates: about 7 hours ago
Listing Provided by: Sherry Powers DRE #02002017, (949) 394-3685
AARE
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SW26092142
Also Listed on CRMLS.
Market trends in Temecula
Last updated May 2026
Avg. sale price
$781K
$14.17KMoM
Sale-to-List Price
100.0%
0.3%MoM
Price per sq ft
$366
$6MoM
Available listings
530
41MoM
Price History for 45534 Olympic Way
| Date | Price | Event | Source |
|---|---|---|---|
| 06/01/2026 | $749,900 | PriceChange | CRMLS #SW26092142 |
| 05/07/2026 | $764,900 | Listed For Sale | CRMLS #SW26092142 |
| 02/04/2020 | $2,400 | ListingRemoved | Agent Provided |
| 01/22/2020 | $2,400 | Listed For Rent | Agent Provided |
| 10/30/2015 | $2,100 | ListingRemoved | Agent Provided |
| 10/13/2015 | $2,100 | Listed For Rent | Agent Provided |
| 02/10/2015 | $1,950 | ListingRemoved | Agent Provided |
| 02/05/2015 | $1,950 | Listed For Rent | Agent Provided |
| 06/29/2001 | $230,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,172 |
| Assessment | $346,544 |
Home facts updated by county records
Comparable Sales for 45534 Olympic Way
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $759,000 | 09/24/25 | 4 | 3 | 1,850 | |
0.12 | Single-Family Home | $817,000 | 03/12/26 | 5 | 3 | 2,861 | |
0.10 | Single-Family Home | $565,000 | 06/23/25 | 4 | 2 | 1,342 | |
0.26 | Single-Family Home | $740,000 | 08/08/25 | 4 | 3 | 2,068 | |
0.21 | Single-Family Home | $680,000 | 03/13/26 | 4 | 2 | 1,604 | |
0.37 | Single-Family Home | $660,000 | 03/16/26 | 4 | 2.5 | 1,735 | |
0.21 | Single-Family Home | $800,000 | 09/16/25 | 4 | 3 | 2,401 |
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Get a sense of prices in the area by checking nearby homes.
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Assigned Schools
These are the assigned schools for 45534 Olympic Way.
- Great Oak High School
- 9-12
- Public
- 2946 Students
9/10GreatSchools RatingParent Rating AverageThey don't care about their students when it comes to bullying. They allow students to bully and SA other students with no consequences. They chalk it up to, "they're just messing around" because they are boys. There is zero accountability and administration would rather save the skin of an employees child than properly handle the situation. Watch your children at all costs.....or simply, just don't let your children go here.Parent Review1y ago - Erle Stanley Gardner Middle School
- 6-8
- Public
- 1008 Students
6/10GreatSchools RatingParent Rating AverageGMS is a fantastic public school. My son loves attending every day. The principal, counselor, and teachers are very professional and truly care about the students. The learning environment is positive and supportive. This school has been a perfect fit for my son, and we feel very grateful to be part of this community.Parent Review3mo ago - Temecula Luiseno Elementary School
- K-5
- Public
- 738 Students
7/10GreatSchools RatingParent Rating AverageMy kids who once loved this school now hate it. They feel like no matter what they do it will be corrected even when right to make them feel wrong. The school has changed so much under the new administration. The students are given very harsh punishments. The fun and joy is gone. Trying to get the SEL support that our school was known for in this district has become near impossible. You can see in the staff throughout the school that they are beaten down. The school went from being about our children and them as a whole to being about numbers and scores and not the kids. I am so sad and disappointed that our amazing school has become what it is now under the new principal. I hope the district listens to the parents complaints and see what their choice did.Parent Review3mo ago 
Check out schools near 45534 Olympic Way.
What Locals Say about Temecula
At least 922 Trulia users voted on each feature.
91 % Say it's dog friendly
89 % Say car is needed
86 % Say there are sidewalks
83 % Say there's holiday spirit
79 % Say yards are well-kept
79 % Say parking is easy
76 % Say streets are well-lit
72 % Say kids play outside
71 % Say people would walk alone at night
68 % Say it's quiet
55 % Say it's walkable to grocery stores
55 % Say they plan to stay for at least 5 years
54 % Say neighbors are friendly
50 % Say there's wildlife
48 % Say it's walkable to restaurants
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sherry Powers, AARE
Agent Phone: (949) 394-3685
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
45534 Olympic Way, Temecula, CA 92592 is a 4 bedroom, 3 bathroom, 2,068 sqft single-family home built in 1986. This property is currently available for sale and was listed by CRMLS on Apr 30, 2026. The MLS # for this home is MLS# SW26092142.