14846 Lago Drive, Rancho Murieta, CA 95683, Rancho Murieta, 95683 - 3 bed, 2 bath
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Rancho Murieta, CA 95683
This Upgraded Waterfront Townhome is a High-Potential Investment Opportunity, listed at $565,000—positioned well below the $627,942 Fair Market Value by 10%. This valuation gap offers $62,942 in Instant Equity for incoming buyers. Maintaining a Good Condition Rating, the residence features Panoramic Lake Views, a newer energy-efficient HVAC, and modern laminate flooring. Located near top-rated Pleasant Grove High School, this home perfectly merges lifestyle appeal with immediate financial gain. It is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14846 Lago Drive Subject | $565,000* List Price | 3 | 2 | 1,723 | $364 | - |
A 7083 Murieta Parkway V-9 Sold | $425,000 | 2 | 2 | 1,039 | $409 | 0.6 mi |
B 7083 Murieta Parkway 20 Sold | $410,000 | 2 | 2 | 1,039 | $395 | 0.6 mi |
C 7005 Lindero Lane Sold | $700,000 | 3 | 3 | 2,098 | $334 | 0.1 mi |
D 6932 Domingo Court Active | $610,000 List Price | 3 | 3 | 1,936 | $315 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic and system updates. Key improvements include a newer energy-efficient HVAC system, extensive wood-style laminate flooring, fresh interior paint, and updated stainless steel appliances. While the kitchen and bathrooms retain some dated features such as tile countertops and older cabinetry styles, they are well-maintained with updated hardware and fixtures, fitting the criteria for a 'Good' condition score.
High School: Pleasant Grove High School (9/10).
The property boasts exceptional waterfront views of the lake and fountains, visible from the great room, dining area, and private balcony, significantly increasing its desirability.
The home features a newer energy-efficient HVAC system, remodeled kitchen with stainless steel appliances, fresh interior paint, and updated wood-style laminate flooring throughout.
The assigned middle and high schools are located over 13 miles away, which may be a significant commute and a drawback for families with older children.
Built in 1979, this townhouse may have aging common infrastructure or shared walls that could lead to higher long-term maintenance needs compared to newer single-family residences.
PANORAMIC VIEW OF THE LAKE, PEACEFUL FOUNTAINS AND ROMANTIC NIGHT LIGHTS FROM THIS UPGRADED TOWNHOME Updated Townhome has 1,723+ sf with two Bedrooms and Den/Office, two Bathrooms plus upstairs balcony with iron railing. Iron gate leads into private entrance with mature landscaping, night lighting and stamped colored concrete walkway plus secluded front courtyard with fountain. Charming home was remodeled with newer energy efficient HVAC system, extensive wood style laminate flooring, fresh interior paint, designer fixtures and new lighted ceiling fan. Great Room has vaulted ceiling, wood burning fireplace and slider door open to back patio with spectacular views. Kitchen has white cabinetry with decorator hardware, deep sink and new faucet plus upgraded stainless steel appliances. Bright dining area with slider door and vista view of the lake. Remote large Bedroom and full Bath conveniently located on main floor. Oversized Primary Suite has ceiling fan, two closets and Bathroom with steeping tub and shower. Den/Office has stunning view, slider door and private Trex balcony. 2-car Garage with epoxy floor finish and cabinets. Large stamped colored concrete patio overlooking breath-taking view. Excellent location only steps from walking/biking path around the lake. One of the best spots to watch the 4th of July Fireworks and entertain friends and family.
No exterior & parking available.
Grades K-6 • 3.2 mi
Grades K-6 • 19.5 mi
Grades 7-8 • 13.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,723 | 1,039 | 60% |
| Lot Size | 2,239 | 1,542 | 60% |
| Price | $565.0K | $410.0K | 80% |
| Price per sq ft | $328 | $346 | 40% |
| Built year | 1979 | 1978 | 60% |
| HOA | $459 | $509 | 40% |
| Days on market | 75 | 187 | 40% |
Mar 29, 2026
$565,000
$585,000
-3% Price Drop
Initial Listing
Feb 7, 2026
$585,000
Initial Listing
Sep 15, 2000
$141,000
Public Record
Aug 11, 1994
$142,500
Public Record