
Murrieta, California 92562
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $506,614 Fair Market Value by 6%. This valuation gap offers $31,614 in Instant Equity. Maintaining a Condition Rating of 3, the home features Upgraded Kitchen Countertops and New Flooring. Located in The Colony, a premier 55+ gated community near Top-Rated Murrieta Schools like Murrieta Valley High, it balances resort-style amenities with financial upside. This is an ideal match for Active Seniors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23727 Corte Andar Subject | $475,000* List Price | 2 | 2 | 1,495 | $339 | - |
A 40247 Via Acuna Sold | $515,000 | 2 | 2 | 1,489 | $346 | 0.6 mi |
B 23975 Via Pamilla Sold | $560,000 | 2 | 2 | 1,489 | $376 | 0.4 mi |
C 40465 Via Malagas Sold | $528,000 | 2 | 2 | 1,502 | $352 | 0.6 mi |
D 23825 Corte Picante Sold | $490,000 | 3 | 2 | 1,263 | $388 | 0.4 mi |
E 40364 Via Marisa Sold | $518,000 | 3 | 2 | 1,767 | $293 | 0.8 mi |
F 24165 Corte Valente Sold | $525,000 | 2 | 2 | 1,585 | $331 | 0.7 mi |
G 23890 Corte Cajan Active | $524,000 List Price | 2 | 2 | 1,489 | $352 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and shows strong pride of ownership. Although built in 1998, it has received strategic updates including modern quartz or solid-surface kitchen countertops and upgraded vinyl flooring in the bathrooms. While the oak cabinetry and white appliances are dated, they appear well-maintained. The interior features neutral paint, clean carpets, and functional fixtures, fitting the criteria for a well-maintained home that does not require immediate renovation.
Located in the prestigious 'The Colony' 55+ gated community, residents benefit from premium amenities including a golf course, clubhouse, gym, and 24/7 security.
The home features significant interior enhancements, including upgraded kitchen countertops and new flooring throughout, ensuring a move-in-ready experience for the next owner.
Positioned at the end of a quiet cul-de-sac, this property offers enhanced privacy and minimal traffic, perfectly complementing the peaceful lifestyle of the community.
The 55+ community requirement limits the potential buyer pool to a specific age group, which can impact overall market demand and resale speed.
A monthly association fee of $348 represents a significant ongoing expense that may be a consideration for buyers managing a fixed retirement budget.
CUL-DE-SAC | THE COLONY 55+ COMMUNITY | LOW TAX | UPGRADED FLOORING | UPGRADED KITCHEN COUNTERTOPS | You have Arrived! Welcome to The Colony, one of Murrieta’s most sought-after 55+ gated communities. This charming single-story home is tucked away in a peaceful cul-de-sac and offers 2 bedrooms, 2 bathrooms, and thoughtful upgrades throughout. As you step inside, you’re greeted by a spacious living room featuring a cozy fireplace and ceiling fan, perfect for relaxing or entertaining. The kitchen offers ample cabinet space and upgraded countertops, seamlessly flowing into the dining area with its own light fixture/ceiling fan. Conveniently located nearby is the garage entrance, where you’ll also find the indoor laundry area. Down the hallway, the first bedroom offers a generous closet and ceiling fan, with a full bathroom close by featuring upgraded vinyl flooring. The primary suite is a true retreat with its walk-in closet, walk-in shower, vanity/seating area, ceiling fan, and updated bathroom flooring. Step outside to the covered patio and low-maintenance backyard, ideal for enjoying Southern California’s year-round sunshine. Living in The Colony means enjoying resort-style amenities including a golf course, pool, clubhouse, gym, tennis courts, and a vibrant calendar of activities—all within the comfort of a gated community offering added security and peace of mind. This home is move-in ready and waiting for its next owner to enjoy everything The Colony has to offer!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,495 | 2,424 | 12% |
| Lot Size | 5,227 | 7,840 | 22% |
| Price | $475.0K | $715.0K | 1% |
| Price per sq ft | $318 | $317 | 51% |
| Built year | 1998 | 1998 | 50% |
| HOA | $348.0 | $0 | 83% |
| Days on market | 29 | 186 | 1% |
Mar 24, 2026
$475,000
Initial Listing
Aug 11, 2015
$294,000
Public Record
Sep 30, 1998
$152,000
Public Record