45534 Olympic Way Temecula, CA 92592
Estimated payment $4,440/month
Highlights
- In Ground Pool
- Primary Bedroom Suite
- Deck
- Temecula Luiseno Elementary Rated A-
- Mountain View
- Main Floor Bedroom
About This Home
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 3⁄4 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!
Listing Agent
AARE Brokerage Phone: 949-394-3685 License #02002017 Listed on: 05/07/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1986
Lot Details
- 7,405 Sq Ft Lot
- West Facing Home
- Wrought Iron Fence
- Wood Fence
- Fence is in average condition
- Rectangular Lot
- Level Lot
- Private Yard
- Back Yard
- Density is up to 1 Unit/Acre
HOA Fees
- $72 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Driveway
Property Views
- Mountain
- Hills
- Pool
- Neighborhood
Home Design
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Planned Development
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 2,068 Sq Ft Home
- 2-Story Property
- High Ceiling
- Skylights
- Recessed Lighting
- Double Pane Windows
- French Doors
- Sliding Doors
- Separate Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Loft
- Utility Room
Kitchen
- Breakfast Bar
- Gas Oven
- Gas Cooktop
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Tile Countertops
- Self-Closing Drawers and Cabinet Doors
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
Outdoor Features
- Balcony
- Deck
- Open Patio
- Exterior Lighting
- Rain Gutters
- Front Porch
Schools
- Great Oak High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Water Heater
- Water Purifier
- Water Softener
- Cable TV Available
Additional Features
- Low Pile Carpeting
- Suburban Location
Community Details
- Rainbow Villages Association, Phone Number (951) 244-0048
- Avalon HOA
Listing and Financial Details
- Tax Lot 36
- Tax Tract Number 13060
- Assessor Parcel Number 922283005
- $690 per year additional tax assessments
Map
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 |
|---|---|---|---|---|
| 2025 | $4,109 | $346,544 | $67,793 | $278,751 |
| 2023 | $4,109 | $333,089 | $65,161 | $267,928 |
| 2022 | $3,975 | $326,559 | $63,884 | $262,675 |
| 2021 | $3,887 | $320,157 | $62,632 | $257,525 |
| 2020 | $3,843 | $316,875 | $61,990 | $254,885 |
| 2019 | $3,784 | $310,663 | $60,775 | $249,888 |
| 2018 | $3,705 | $304,573 | $59,584 | $244,989 |
| 2017 | $3,636 | $298,602 | $58,416 | $240,186 |
| 2016 | $3,565 | $292,748 | $57,271 | $235,477 |
| 2015 | $3,500 | $288,352 | $56,411 | $231,941 |
| 2014 | $3,391 | $282,706 | $55,307 | $227,399 |
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 |
|---|---|---|---|---|
| 06/01/2026 06/01/26 | Price Changed | $749,900 | -2.0% | $363 / Sq Ft |
| 05/07/2026 05/07/26 | For Sale | $764,900 | 0.0% | $370 / Sq Ft |
| 02/03/2020 02/03/20 | Rented | $2,400 | 0.0% | -- |
| 01/22/2020 01/22/20 | For Rent | $2,400 | +14.3% | -- |
| 10/30/2015 10/30/15 | Rented | $2,100 | 0.0% | -- |
| 10/30/2015 10/30/15 | Off Market | $2,100 | -- | -- |
| 10/16/2015 10/16/15 | For Rent | $2,100 | 0.0% | -- |
| 10/13/2015 10/13/15 | Off Market | $2,100 | -- | -- |
| 10/13/2015 10/13/15 | For Rent | $2,100 | +7.7% | -- |
| 02/04/2015 02/04/15 | Rented | $1,950 | 0.0% | -- |
| 02/04/2015 02/04/15 | For Rent | $1,950 | +5.4% | -- |
| 03/07/2014 03/07/14 | Rented | $1,850 | +2.8% | -- |
| 03/07/2014 03/07/14 | For Rent | $1,800 | 0.0% | -- |
| 04/01/2013 04/01/13 | Rented | $1,800 | 0.0% | -- |
| 03/20/2013 03/20/13 | Under Contract | -- | -- | -- |
| 03/09/2013 03/09/13 | For Rent | $1,800 | -- | -- |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $230,000 | New Century Title Company |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $183,900 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW26092142
APN: 922-283-005
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Ask me questions while you tour the home.