NOT LISTED FOR SALE

38595 Carolbee Ln Temecula, CA 92592

Temecula Area

Estimated Value: $1,190,115

5 Beds
3 Baths
2,624 Sq Ft
$454/Sq Ft Est. Value

Sale Details

Date Sold: March 24, 2026

Last sale price $1,199,900 $457 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,138 / mo

2 Days on Market

Highlights

  • Attached Guest House
  • Panoramic View
  • Open Floorplan
  • RV Garage
  • 8.34 Acre Lot
  • Multi-Level Bedroom

About This Home

As of March 2026

Opportunity knocks with this hidden gem located in the picturesque Temecula Wine Country, conveniently nestled between E. Benton Rd. and De Portola Road. This distinctive estate with freshly painted exterior features a single-family home with an attached ADU, thoughtfully designed as two separate units. The downstairs unit offers 1,600 sq. ft. of comfort, including three bedrooms, one and a half baths, a full kitchen, and spacious living and dining areas. A dedicated laundry room and access to a fenced backyard make this unit both functional and inviting, enhanced by modern upgrades like white cabinetry, stainless steel appliances, granite countertops, and stylish tile flooring throughout. Upstairs, you’ll find a bright and airy unit that boasts high ceilings and two bedrooms, one bathroom, kitchen, living and dining spaces and outdoor laundry room. Step outside to enjoy the large wraparound terrace, which offers breathtaking panoramic views of the surrounding wine country. The property is equipped with a paid solar system and a newer electrical panel, while the beautifully landscaped driveway lined with mature trees provides ample parking. Set on 8.34 acres of rolling hills, this estate also includes a substantial RV garage featuring four bays: one at 3,000 sq. ft. and three at 1,500 sq. ft. each, totaling an impressive 7,500 sq. ft. with soaring 40-foot ceilings. Recently appraised at $1.225 million in July 2025, the property comes with termite clearance, cleared septic and well certifications, along with a newly replaced well pump. Whether you envision an investment opportunity with multiple rental streams or a serene residence where you can live in one unit while renting out the other and the RV garage, this property offers tremendous potential. Some photos have been virtually staged to highlight the possibilities that await.

Last Agent to Sell the Property

Allison Gross

Dreamscape Real Estate Brokerage Email: Allison@dreamscaperealestateCA.com License #01754152 Listed on: 02/27/2026

Last Buyer's Agent

Joe Chill Chilcote

Compass License #01818556

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 8.34 Acre Lot
  • Rural Setting

Parking

  • 6 Open Parking Spaces
  • 20 Car Garage
  • Parking Available
  • Gravel Driveway
  • Unpaved Parking
  • Parking Lot
  • RV Garage

Home Design

  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 2,624 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • French Doors
  • Living Room
  • Tile Flooring
  • Panoramic Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Multi-Level Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Located Outside

Outdoor Features

  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Laundry Facilities
  • 1 Separate Electric Meter

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Tax Lot 1
  • Tax Tract Number 433
  • Assessor Parcel Number 915410018
  • $75 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1999 | Remodeled

Lot Details

8.34 Acres

Parking

20

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved, Gravel
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 915410018
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Door Features: French Doors
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 457.28
  • Room Type: Laundry, Multi-Level Bedroom, Living Room
  • Window Features: Double Pane Windows, Blinds

Exterior Features

  • Other Structures: Workshop, Guest House, Storage, Guest House Attached, Outbuilding
  • View: Panoramic
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 20.00
  • Parking: Yes
  • Parking Features: Concrete, RV Garage, Gravel, Asphalt, Driveway, Parking Space, Unpaved, Oversized
  • Total Parking Spaces: 26.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Propane
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Microwave, Propane Range, Gas Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room, Upper Level, Outside
  • Sewer: Septic Type Unknown
  • Water Source: Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 363290.00
  • Lot Size Acres: 8.3400

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Electric Expense: 791.00
  • Fuel Expense: 60.00
  • Gross Income: 54000.00
  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 3085.00
  • Lot Size Area: 363290.0000 Square Feet
  • Net Operating Income: 41366.00
  • Number Of Separate Electric Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 7234.00
  • Rent Control: No
  • Total Expenses: 10000.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 0432.92
  • TaxOtherAnnualAssessmentAmount: 75.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2026
Closed on
Mar 16, 2026
Sold by
Bought by
Seller's Agent
Allison Gross
Dreamscape Real Estate
Buyer's Agent
Joe Chill Chilcote
Compass
List Price
$1,199,900
Sold Price
$1,199,900
Views
72
Current Estimated Value
$1,190,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,785
Avg. Annual Appreciation
-2.62%
Original Mortgage
$999,999
Outstanding Balance
$997,060
Interest Rate
6.11%
Mortgage Type
VA
Estimated Equity
$191,721

Purchase Details

Closed on
Aug 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bought by

Purchase Details

Listed on
May 13, 2013
Closed on
May 24, 2013
Sold by
Bought by
Seller's Agent
Karin McCoy
Allison James Estates & Homes
Buyer's Agent
Allison Gross
Dreamscape Real Estate
List Price
$650,000
Sold Price
$567,500
Premium/Discount to List
-$82,500
-12.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%

Purchase Details

Closed on
Mar 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 1997
Sold by
Bought by

Purchase Details

Closed on
Jan 3, 1997
Sold by
Bought by

Purchase Details

Closed on
Sep 18, 1995
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,200,000 Lawyers Title
-- None Available
-- Title365
-- None Available
$567,500 First American Titlr Company
-- Fidelity Natl Title Ins Co
-- Old Republic Title Company
$35,000 Old Republic Title Company
-- Old Republic Title Company
-- Old Republic Title Company
-- --
-- Old Republic Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $999,999
Previous Owner $331,365
Previous Owner $400,000
Previous Owner $150,000
Previous Owner $320,000
Previous Owner $199,000
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2026 03/24/26 Sold $1,199,900 0.0% $457 / Sq Ft
03/01/2026 03/01/26 Pending -- -- --
02/27/2026 02/27/26 For Sale $1,199,900 0.0% $457 / Sq Ft
06/07/2022 06/07/22 Rented $1,885 -15.7% --
05/19/2022 05/19/22 For Rent $2,235 +9.0% --
04/16/2021 04/16/21 Rented $2,050 -2.4% --
04/12/2021 04/12/21 For Rent $2,100 +7.7% --
07/23/2020 07/23/20 Rented $1,950 0.0% --
07/20/2020 07/20/20 Price Changed $1,950 -4.9% $1 / Sq Ft
05/13/2020 05/13/20 For Rent $2,050 +28.1% --
02/27/2020 02/27/20 Rented $1,600 0.0% --
02/11/2020 02/11/20 For Rent $1,600 0.0% --
06/17/2013 06/17/13 Sold $567,500 -12.7% $554 / Sq Ft View Prior Sale
05/21/2013 05/21/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $650,000 0.0% $635 / Sq Ft
04/19/2013 04/19/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $650,000 -- $635 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,234 $712,797 $226,081 $486,716
2025 $7,124 $698,822 $221,649 $477,173
2023 $7,124 $671,688 $213,043 $458,645
2022 $6,927 $658,518 $208,866 $449,652
2021 $6,793 $645,607 $204,771 $440,836
2020 $6,724 $638,988 $202,672 $436,316
2019 $6,628 $626,460 $198,699 $427,761
2018 $6,507 $614,177 $194,803 $419,374
2017 $6,394 $602,135 $190,984 $411,151
2016 $6,263 $590,330 $187,240 $403,090
2015 $6,150 $581,465 $184,429 $397,036
2014 $5,967 $570,076 $180,817 $389,259
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW26043517

California Regional Multiple Listing Service (CRMLS)

APN: 915-410-018

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