23531 Hobart Ct, Murrieta, California 92562, Murrieta, 92562 - 5 bed, 3 bath
23531 Hobart Ct
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 23531 Hobart Ct, Murrieta, California 92562 reveals a property with a current list price of $849,999, which is 6% above the estimated $797,754 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Murrieta 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 |
|---|---|---|---|---|---|---|
★ 23531 Hobart Ct Subject | $849,999* List Price | 5 | 3 | 3,602 | $221 | - |
A 23466 Saratoga Springs Place Sold | $699,000 | 3 | 3 | 3,512 | $199 | 0.5 mi |
B 23563 Kathryn Street Sold | $775,000 | 5 | 4 | 3,686 | $210 | 1.0 mi |
C 41157 Arron Court Sold | $735,000 | 6 | 3 | 3,182 | $231 | 0.0 mi |
D 41793 Pioneer Street Sold | $810,000 | 7 | 4 | 3,459 | $234 | 0.8 mi |
E 23607 Morning Glory Pending | $699,000 List Price | 5 | 3 | 3,721 | $188 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2001, this property is exceptionally well-maintained and move-in ready. It features high-end upgrades including elegant travertine stone flooring downstairs and wood flooring upstairs, eliminating dated carpeting. The kitchen is functional and stylish with granite countertops and modern stainless steel appliances. While the home is 23 years old, the lack of deferred maintenance and the presence of quality finishes throughout justify a 'good' rating despite being slightly outside the typical 20-year window for this category.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Multi-Generational Layout
The expansive 3,602 sq ft floor plan features a rare downstairs bedroom with a full bath plus a separate dedicated office, making it ideal for guests, multi-generational living, or remote work.
- No HOA Restrictions
The absence of a Homeowners Association provides significant monthly cost savings and greater freedom for property modifications, a highly sought-after feature for large homes in the Murrieta area.
- Premium Interior Finishes
The home boasts high-quality travertine stone flooring throughout the lower level and beautiful wood flooring upstairs, offering a sophisticated, carpet-free environment that is both durable and elegant.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Potential Deferred Maintenance on Systems
Built in 2001, major mechanical systems and the roof may be approaching the end of their typical 25-year functional lifespan, potentially requiring future capital improvement.
- Limited Yard Utility
While the lot is over 8,000 sq ft, the large footprint of the 3,602 sq ft residence may leave less usable flat yard space than expected for buyers wanting both a large lawn and a pool.
About 23531 Hobart Ct
Welcome to this beautifully maintained 5-bedroom plus large office home offering 3,602 sq ft of spacious living on a quiet cul-de-sac in the heart of Murrieta. Elegant travertine floors grace the downstairs, while beautiful wood flooring enhances the upstairs, creating a seamless blend of style and comfort. The thoughtfully designed, light-filled layout is ideal for both everyday living and entertaining. A convenient downstairs bedroom with a full bath is perfect for multi-generational living or guests, while a separate dedicated office provides flexibility for remote work or creative space. The spacious backyard features fruit trees and ample space to add a pool, creating a private outdoor retreat. With no HOA, you’ll enjoy added freedom and value. Ideally located near top-rated schools, parks, shopping, dining, and easy freeway access, this well-cared-for home offers the perfect combination of size, comfort, and location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Murrieta Unified Schools
E. Hale Curran Elementary School
Grades K-5 • 1.0 mi
Ronald Reagan Elementary School
Grades K-6 • 1.5 mi
Tovashal Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,602 | 2,450 | 84% |
| Lot Size | 8,276 | 7,840 | 57% |
| Price | $850.0K | $715.0K | 68% |
| Price per sq ft | $236 | $316 | 6% |
| Built year | 2001 | 1997 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 183 | 0% |
Pricing History
Listed for Sale
Feb 20, 2026
$849,999
Initial Listing
Sold
May 28, 2015
$346,500
Public Record
Sold
Oct 26, 2001
$291,000
Public Record