24600 Carancho Rd, Temecula, CA 92590

Property Description

If you're looking for private serenity, this is the property for you. Located just 10-minutes from the 15-fwy in the beautiful mountains of De Luz, this nearly 9-acre parcel features a recently renovated 2400 s.f., 4-bedroom main house and an approximately 1000 s.f., 2-bedoom guest house that's currently being used as an income producing unit. Property features include mature oak, ash, citrus and nut trees throughout, with a year-round stream running the length of the property. An electric security gate at the entrance of provides additional privacy. Organic certification is a possibility since no chemicals have been used in the soil for the past 12-years of ownership. Neither structure has updated permits since renovations were made, but can be by bringing up to current county code. This would include drafting a new set of engineering plans, a physical inspection by the county and completing any items noted. Since there are no permits at this time, the purchase must be either cash or with a Fannie Mae Conventional Home-style Renovation Loan (owner-occupied or investor). This is a great opportunity to purchase at approximately two hundred thousand dollars under market!