23717 Ballestros Road, Murrieta, California 92562, Murrieta, 92562 - 5 bed, 3 bath
23717 Ballestros Road
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 23717 Ballestros Road, Murrieta, California 92562 reveals a Prime Investment Opportunity with a current list price of $749,000—significantly undercutting the $789,475 Fair Market Value by 5%. This valuation gap indicates a +$40,475 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 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 |
|---|---|---|---|---|---|---|
★ 23717 Ballestros Road Subject | $749,000* List Price | 5 | 3 | 2,850 | $277 | - |
A 42352 Wildwood Sold | $860,000 | 4 | 3 | 2,784 | $309 | 0.9 mi |
B 23666 Ballestros Road Sold | $640,000 | 4 | 3 | 2,600 | $246 | 0.1 mi |
C 23799 Via De Gema Linda Sold | $695,000 | 5 | 3 | 2,882 | $241 | 0.9 mi |
D 41349 Magnolia Street Sold | $715,000 | 3 | 3 | 2,600 | $275 | 0.6 mi |
E 41675 Broad Oak Sold | $770,000 | 5 | 3 | 3,291 | $234 | 0.9 mi |
F 24099 Chatenay Lane Sold | $710,000 | 4 | 3 | 2,681 | $265 | 0.9 mi |
G 23360 Mountain Song Loop Pending | $699,900 List Price | 5 | 3 | 2,621 | $267 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant modern updates. Key features include wood-like plank tile flooring, an upgraded kitchen with stainless steel appliances and stone countertops, and energy-efficient additions like fully paid solar. While the structure dates to 1989, the interior styling, updated light fixtures, and well-maintained outdoor living spaces indicate extensive recent renovations that align with current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features fully paid solar panels, providing significant long-term utility savings and a high-value upgrade that is highly attractive to modern buyers.
- Versatile Floor Plan
With five bedrooms including a convenient downstairs bedroom and full bathroom, the layout is ideal for multigenerational living, guest accommodations, or a private home office.
- Premium Lot and Privacy
Situated with no rear neighbors and offering views of hills and trees, the home provides a rare level of privacy and an enhanced outdoor living experience with a custom fire pit area.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1989, the home may require upcoming maintenance or capital expenditures for aging infrastructure and systems that are approaching the end of their typical lifespan.
- Market Competition
As an older residence, it may face stiff competition from newer developments in the Murrieta area that offer more contemporary architectural styles and open-concept designs.
About 23717 Ballestros Road
Welcome to this beautifully maintained 3-car garage home in highly sought-after West Murrieta, offering privacy, style, and comfort in one exceptional package. Set on a premium lot with no rear neighbors, the home is filled with natural light and enhanced by vaulted ceilings, wood-like plank tile flooring, and a cozy fireplace that anchors the main living space. The beautifully upgraded kitchen features stainless steel appliances, ample cabinetry, and an inviting layout ideal for both everyday living and entertaining. A downstairs bedroom with an attached full bathroom provides flexibility for guests, multigenerational living, or a private home office. Energy efficiency is a standout with fully paid solar, offering long-term savings and peace of mind. Outdoor living shines with low-maintenance artificial turf in the front yard and a private backyard designed for gathering, complete with a fire pit area with built-in seating—perfect for evenings under the stars. Located within an area known for top-rated Murrieta schools, and close to parks, shopping, dining, and commuter routes, this home truly captures the best of West Murrieta living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 8,712 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
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 | 2,850 | 2,450 | 63% |
| Lot Size | 8,712 | 7,840 | 61% |
| Price | $749.0K | $715.0K | 56% |
| Price per sq ft | $263 | $316 | 19% |
| Built year | 1989 | 1997 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 183 | 0% |
Pricing History
Listed for Sale
Feb 10, 2026
$749,000
Initial Listing
Sold
Mar 3, 2021
$550,000
Public Record
Sold
Sep 24, 2018
$439,000
Public Record
Sold
Nov 24, 2010
$239,000
Public Record