15068 Lago Drive, Rancho Murieta, CA 95683, Rancho Murieta, 95683 - 3 bed, 3 bath
15068 Lago Drive
Rancho Murieta, CA 95683
Property Price
SUMMARY
Analysis of 15068 Lago Drive, Rancho Murieta, CA 95683 reveals a Prime Investment Opportunity with a current list price of $875,000—significantly undercutting the $992,808 Fair Market Value by 11%. This valuation gap indicates a +$117,808 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Rancho Murieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15068 Lago Drive Subject | $875,000* List Price | 3 | 3 | 3,885 | $256 | - |
A 14965 Anillo Way Sold | $765,000 | 3 | 3 | 3,524 | $217 | 0.4 mi |
B 15088 Robles Grandes Drive Sold | $725,000 | 3 | 3 | 3,298 | $220 | 0.9 mi |
C 14721 Guadalupe Drive Sold | $750,000 | 3 | 3 | 3,093 | $242 | 0.5 mi |
D 6513 Puerto Drive Active | $876,000 List Price | 5 | 3 | 3,154 | $278 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Although built in 1982, the property is move-in ready and shows evidence of significant maintenance and updates, including a new composition roof and granite countertops in the kitchen. The interior features high-quality architectural details like exposed beams and tile flooring, and the addition of a functional next-generation suite with its own kitchen area suggests the home has been updated to meet modern living standards. The primary bathroom is described as luxurious, and the overall condition of the major systems and outdoor amenities like the pool and sauna appear well-maintained.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Pleasant Grove High School (9/10).
- Architectural Significance
Inspired by Frank Lloyd Wright and designed by the original developer, this unique one-story home features five private courtyards and high-quality woodwork, offering a sophisticated and private living experience.
- Multi-Generational Living
The property includes a comprehensive 'next generation' wing with two bedrooms, a kitchen area, and a family room, providing excellent flexibility for extended family or guest accommodations.
CONSRISKS & DEFICIENCIES
- Limited Traditional Yard
With a 3,885 square foot structure on a 5,427 square foot lot, the property has high lot coverage, leaving very little traditional green space or lawn area outside of the courtyards.
- School Proximity
While the assigned schools have high ratings, the middle and high schools are located over 13 miles away, which may be a significant drawback for families concerned with daily commute times.
About 15068 Lago Drive
Inspired by Frank Lloyd Wrigh! Designed by Rancho Murieta Developer provides the ultimate in private living. New composition roof! It is an exceptional one-of-a-kind-one-story home with 5 private courtyards in beautiful guard gated Rancho Murieta North. Main home boasts an open floor plan with high ceilings, quality woodwork and beams and tile flooring. Well-appointed kitchen with granite counters and large island opens up to the dining room and living room. Spacious primary suite has a luxurious bathroom and walk-in closet with access to a quaint and serene courtyard. Next generation quarters with 2 bedrooms, 1 bath, kitchen area and family room with access to dipping pool & spa with water feature and sauna. The main courtyard is equipped with a covered bar, outdoor fireplace and ample room to entertain friends and family. 2 car garage with golf cart garage. Close to the park, shopping, restaurants, lake, Murieta Inn and Spa and so much more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 5,427 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $174 / Month
Neighborhood Insights
Rancho Murieta Unified Schools
Cosumnes River Elementary School
Grades K-6 • 3.5 mi
Marion Mix Elementary
Grades K-6 • 19.8 mi
Katherine L. Albiani Middle School
Grades 7-8 • 14.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,885 | 2,461 | 93% |
| Lot Size | 5,427 | 6,932 | 23% |
| Price | $875.0K | $750.0K | 70% |
| Price per sq ft | $225 | $312 | 7% |
| Built year | 1982 | 1990 | 21% |
| HOA | $174 | $166 | 91% |
| Days on market | 20 | 197 | 2% |
Pricing History
Listed for Sale
Feb 15, 2026
$875,000
Initial Listing
Sold
Jun 11, 2007
$699,000
Public Record
Sold
May 31, 2005
$875,000
Public Record
Sold
Dec 2, 1999
$425,000
Public Record