$1,590,000
NEW CONSTRUCTION $85K PRICE DROP

Estimated payment $9,301/month

Total Views 3,437
4 Beds
4.5 Baths
3,825 Sq Ft
$416 Price per Sq Ft

Highlights

  • Fitness Center
  • New Construction
  • Primary Bedroom Suite
  • Wine Cellar
  • In Ground Pool
  • Panoramic View

About This Home

Welcome to 940 Terrace Place, a modern masterpiece perched on one of the most stunning view lots in Fresno/Madera Counties. This custom-designed home offers over 3,825 sq ft of luxury living, with 4 spacious bedrooms, an office/flex room, 4.5 bathrooms, and breathtaking indoor-outdoor flow.

Enjoy forever Sierra views from nearly every room, complemented by soaring ceilings, oversized windows, and high-end designer finishes throughout. The open-concept kitchen is a showstopper, built for entertaining with sleek cabinetry, premium appliances, and a dramatic island centerpiece. The primary suite offers a spa-like retreat with view balcony, beverage center, massive closet, soaking tub, and walk-in shower.

Head outside to your private resort-style backyard featuring a covered patio with fireplace, ideal for sunset evenings or weekend gatherings.

Located in Tesoro Viejo’s new coveted hillside community of just 12 luxury homes, this is more than a home—it’s a lifestyle. Discover what it means to live the Forever Big Sky dream at 940 Terrace Place.

Listing Agent

Cara Douglas

London Properties Brokerage Phone: 559-349-8085 License #02114346 Listed on: 06/12/2025

London Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,825 Sq Ft Lot
  • Cul-De-Sac
  • Masonry wall
  • Wrought Iron Fence
  • New Fence
  • Landscaped
  • Sprinkler System
  • Lawn

HOA Fees

  • $199 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Pasture
  • Mountain
  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Planned Development
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,825 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Wine Cellar
  • Living Room with Fireplace
  • Home Office
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Self-Closing Drawers
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Solar Heating System
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 081250038

Community Details

Overview

  • Tesoro Viejo Association
  • Unsure HOA
  • Mountainous Community

Amenities

  • Community Fire Pit
  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,845

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$199 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 081250038
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3825.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Unfurnished
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Outside, Patio
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 415.69
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Community, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Primary Bath
  • Room Kitchen Features: Butler's Pantry, Self-Closing Drawers, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Park/Greenbelt, Pasture
  • Fence: Yes
  • Fencing: Masonry, New Condition, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Fireplace(s), Solar
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Picnic Area, Playground, Biking Trails, Hiking Trails, Gym/Ex Room, Clubhouse, Pets Permitted
  • Association Fee: 199.00
  • Association Fee Frequency: Monthly
  • Association Name: Tesoro Viejo
  • Phone: Unknown
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Hiking, Park, Mountainous, Suburban
  • Association Management: Unsure

Schools

  • School District: Chawanakee Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lawn, Sprinkler System
  • Lot Size Sq Ft: 9825.00
  • Lot Size Acres: 0.2256

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9825.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: New
  • Tax Tract Number: New...

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $3,845 $15,697 $15,697 --
2023 $3,845 $15,089 $15,089 $0
2022 $2,055 $14,794 $14,794 $0
2021 $2,386 $14,504 $14,504 $0
2020 $1,295 $14,356 $14,356 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Price Changed $1,590,000 -5.1% $416 / Sq Ft
06/12/2025 06/12/25 For Sale $1,675,000 -- $438 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- Old Republic Title
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR25132128

California Regional Multiple Listing Service (CRMLS)

APN: 081-250-038