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$749,900

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2,068 Sq. Ft.
  • 2 Car Garage
  • Updated 6 hours ago
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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 ¾ 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!

Full Property Details for 45534 Olympic Way

General

  • Price: $749,900
  • HOA FEE: $72/month
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: SW26092142
  • Updated: 6/20/2026
  • Days on Market: 44 days
  • Added to Site: 44 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, Utility Room, Separate Family Room, Laundry, Kitchen, Living Room, Main Floor Bedroom, Family Room, Loft, Primary Suite, Primary Bathroom
  • Interior Features: Balcony, High Ceilings, Recessed Lighting, Tile Counters, Granite Counters
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Eating Areas: Breakfast Counter/Bar, In Living Room
  • Appliances: Gas Cooktop, Water Heater, Microwave, Water Softener, Water Purifier, Water Line to Refrigerator, Gas Oven, Dishwasher
  • Flooring: Tile, Carpet, Laminate

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Inside, Gas Dryer Hookup, Individual Room, Washer Hookup

Additional Information

  • Shared Amenities: Pets Permitted, Call for Rules
  • Pool: Yes
  • Pool Description: In-Ground, Private, Gas Heat
  • Spa Description: In-Ground, Private, Heated

Exterior

  • Deck/Patio: Front Porch, Open Patio, Patio, Deck

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Concrete, Garage (Direct Access), Garage Faces Front, Driveway

Location

  • County: Riverside
  • Driving Directions: Rainbow Valley to Bay Hill to Olympic
  • Direction Faces: West

School Information

  • School District: Temecula Unified
  • High School: GREOAK2

Community

  • Community Features: Gutters, Street Lights, Storm Drains, Sidewalks, Suburban
  • Assoc. Name: Avalon

Heating & Cooling

  • Cooling Type: Electric, Central Air
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Structure Type: Single Family Residence
  • Construction: Stucco
  • Foundation: Slab
  • Roof: Tile
  • Common Walls: No Common Walls
  • Windows: Double-Pane Windows, Skylight(s)
  • Doors: French Doors, Sliding Doors
  • Disability Access: Low-Pile Carpeting
  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 2,068
  • Sq. Ft. Source: Assessor
  • Year Built: 1986
  • Year Built Source: Assessor
  • Property Condition: Repairs (Cosmetic)

Lot Features

  • Property View: Mountain(s), Neighborhood, Pool, Hills
  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Size Source: Assessor
  • Lot Description: Level with Street, Lot 6500-9999, Rectangular Lot, 0-1 Unit/Acre, Back Yard, Yard
  • Fencing (Description): Wood, Average Condition, Wrought Iron, Needs Repair

Financial Considerations

  • Price Per Sq. Ft.: $362.62
  • Association Fee: $72
  • Assoc Fee Freq.: Monthly

Disclosures and Reports

  • Special Conditions: Standard

Listed by Aare, Sherry Powers

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Listing agent

— 45534 Olympic Way —

  • Sherry Powers

    Aare

949-394-3685

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 45534 Olympic Way

School District:Temecula Valley Unified School District
NameGradesDistance
Temecula Luiseno Elementary School
45754 Wolf Creek Drive North, Temecula, CA 92592
K-51.2 mi
Erle Stanley Gardner Middle School
45125 V?a Del Coronado, Temecula, CA 92592
6-80.9 mi
Great Oak High School
32555 Deer Hollow Way, Temecula, CA 92592
9-122.3 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 45534 Olympic Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Price Reduced
$749,900
-1.96%
MLS
5/07/2026
Listed
$764,900
232.57%
MLS
6/29/2001
Sold
$230,000
—
Public Record
Get Price Alerts and Save Property
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 for 45534 Olympic Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,109
—
$346,544
2%
2024
$4,109
1%
$339,750
2%
2023
$4,072
2%
$333,089
2%
2022
$3,975
2%
$326,559
2%
2021
$3,887
1%
$320,157
1%
2020
$3,843
2%
$316,875
2%
2019
$3,784
2%
$310,663
2%
2018
$3,705
2%
$304,573
2%
2017
$3,636
2%
$298,602
2%
2016
$3,565
2%
$292,748
2%
2015
$3,500
3%
$288,352
2%
2014
$3,391
—
$282,706
—
2013
$3,389
—
$281,430
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Aare, Sherry Powers

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45534 Olympic Way, Temecula, CA 92592 (MLS# SW26092142) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 45534 Olympic Way is currently listed for $749,900 and was received on May 07, 2026. Want to learn more about 45534 Olympic Way? 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.

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