23727 Corte Andar, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath
Loading property details...
Murrieta, California 92562
This Single-Story Residence in The Colony represents a Strong Value Opportunity, listed at $475,000—positioned well below the $494,828 Fair Market Value by 4%. This valuation gap offers $19,828 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers a peaceful cul-de-sac location with resort-style amenities. While the interior retains original cabinetry, the upgraded flooring and countertops provide a move-in-ready foundation. This property is an ideal acquisition for Active Retirees or Downsizing Homeowners seeking a secure, gated lifestyle.
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 | $331 | - |
A 23878 Corte Cajan Sold | $520,000 | 2 | 2 | 1,489 | $349 | 0.3 mi |
B 23890 Corte Cajan Sold | $500,000 | 2 | 2 | 1,489 | $336 | 0.3 mi |
C 23832 Castinette Way Sold | $570,000 | 3 | 2 | 1,529 | $373 | 0.5 mi |
D 39906 Tanager Sold | $582,000 | 3 | 2 | 1,420 | $410 | 0.5 mi |
E 40281 Via Acuna Sold | $470,000 | 2 | 2 | 1,344 | $350 | 0.6 mi |
F 23796 Corte Picante Sold | $510,000 | 3 | 2 | 1,263 | $404 | 0.4 mi |
G 40053 Corte Fortuna Active | $509,900 List Price | 3 | 2 | 1,764 | $289 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is over 20 years old. While it features recent cosmetic updates such as upgraded countertops and flooring, the kitchen remains dated with original honey oak cabinetry and older white appliances. It is well-maintained and move-in ready but fits the 'Fair' criteria due to age and the need for further modernization of primary systems and cabinetry.
Located in the highly sought-after gated community of The Colony, the property offers access to premium amenities including a golf course, clubhouse, pool, and tennis courts.
The home features significant interior enhancements, including upgraded kitchen countertops and flooring, providing a move-in-ready aesthetic for the next owner.
Situated at the end of a peaceful cul-de-sac, this residence offers increased privacy, safety, and minimal through-traffic within the community.
As a 55+ senior living community, the property is limited to a specific buyer demographic, which naturally restricts the potential pool of future purchasers.
The monthly HOA fee of $348 represents a significant ongoing carrying cost that may impact the budget of buyers on a fixed retirement income.
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 | 29% |
| Square foot | 1,495 | 2,253 | 13% |
| Lot Size | 5,227 | 7,405 | 23% |
| Price | $475.0K | $700.0K | 3% |
| Price per sq ft | $318 | $326 | 48% |
| Built year | 1998 | 1997 | 51% |
| HOA | $348.0 | $0 | 82% |
| Days on market | 12 | 152 | 2% |
May 25, 2026
$475,000
Initial Listing
Aug 11, 2015
$294,000
Public Record
Sep 30, 1998
$152,000
Public Record