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$2,399,000 Just Listed
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Property Description
This 3.86-acre property with a charming 3 bedroom and 2 bath ranch home is positioned in a "path of progress", benefiting from both rural tranquility and recent city-led improvements. The newly completed Nicolas Road extension provides a seamless safe route for cyclists and commuters. The property is served by the Temecula Valley Unified School District. Major retailers are a short drive away. As of early 2026, major infrastructural milestones have significantly enhanced both the property's accessibility and its long-term investment profile. The area is part of the Nicolas Ranch development zone, which has seen nearly 20 years of planning culminate in the 2026 road extension to support continued residential growth. This property offers limitless opportunities to develop your dream home, adjacent to modern infrastructure in one of Temecula's most promising areas. A rare investment opportunity to build equity quickly on a flat parcel that bridges country living with city proximity. Adjacent to newly paved roads, new development, and a city-built bridle path. Buyer is to assume the current solar lease agreement. Sale is subject to seller finding and closing on a replacement property.
Full Property Details
Full Property Details for 31895 Nicolas
General
- Price: $2,399,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SW26087186
- Updated: 4/30/2026
- Days on Market: 5 days
- Added to Site: 5 day(s) ago
Interior
- Rooms/Areas: Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom
- Interior Features: Ceiling Fan(s), Tile Counters
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: Breakfast Counter/Bar, Country Kitchen, In Kitchen, Area
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Open Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Gravel, RV Access/Parking, Controlled Entrance, Driveway Level, Parking Space, Garage (Two Doors)
Location
- County: Riverside
- Driving Directions: Butterfield to Nicolas
School Information
- School District: Temecula Unified
Community
- Community Features: Rural
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Fireplace(s), Central
Utilities
- Sewer: None
- Water: Public
Structural Information
- Architectural Style: Ranch
- Structure Type: Single Family Residence
- Roof: Composition
- Common Walls: No Common Walls
- Entry Location: front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,320
- Sq. Ft. Source: Assessor
- Year Built: 1979
- Year Built Source: Public Records
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Property View: Hills
- Lot Size (Acres): 3.86
- Lot Size (Sq. Ft.): 168,142
- Lot Size Source: Assessor
- Lot Description: Lot Over 40000 Sqft, Front Yard, Value In Land
- Fencing (Description): Chain Link
Financial Considerations
- Price Per Sq. Ft.: $1,817.42
Disclosures and Reports
- Special Conditions: Standard
Listed by Allison James Estates & Homes, Diane Kelly
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Schools
Schools serving 31895 Nicolas
School District:Temecula Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Rancho Elementary School, Temecula, CA 31530 La Serena Way, Temecula, CA 92591 | K-5 | 1.4 mi |
Margarita Middle School 30600 Margarita Road, Temecula, CA 92591 | 6-8 | 2.4 mi |
Temecula Valley High School 31555 Rancho Vista Road, Temecula, CA 92592 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31895 Nicolas
Date
Details
Price
Change
Source
4/29/2026
Listed
$2,399,000
152.53%
MLS
4/23/2024
Sold
$950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 31895 Nicolas
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,324
81%
$968,999
98%
2024
$6,248
1%
$489,260
2%
2023
$6,188
2%
$479,668
2%
2022
$6,050
2%
$470,264
2%
2021
$5,921
1%
$461,044
1%
2020
$5,846
2%
$456,318
2%
2019
$5,756
2%
$447,372
2%
2018
$5,641
41%
$438,600
41%
2017
$3,994
2%
$310,666
2%
2016
$3,918
2%
$304,575
2%
2015
$3,845
138%
$300,000
174%
2014
$1,617
3%
$109,553
—
2013
$1,574
—
$109,060
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 31895 Nicolas
31895 Nicolas, Temecula, CA 92591 (MLS# SW26087186) is a Single Family property with 3 bedrooms and 2 full bathrooms. 31895 Nicolas is currently listed for $2,399,000 and was received on April 29, 2026. Want to learn more about 31895 Nicolas? Do you have questions about finding other Single Family real estate for sale in Temecula? You can browse all Temecula real estate or contact a Coldwell Banker agent to request more information.

