23792 Matador Way, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This 5-Bedroom Single Family Residence represents a Strong Value Opportunity, listed at $699,900—positioned above the $624,557 Fair Market Value. While currently priced above market, the property features a Condition Rating of 4, recently enhanced by brand-new carpet and new backyard sod. The flexible floor plan, including a converted game room, provides significant utility for larger households. Located in the Murrieta Valley Unified School District near Tovashal Elementary, this home is an ideal choice for Owner-Occupants or growing families seeking a move-in ready, spacious environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23792 Matador Way Subject | $679,000* List Price | 4 | 3 | 2,646 | $236 | - |
A 39823 Hillsboro Circle Sold | $639,000 | 4 | 3 | 2,066 | $309 | 0.3 mi |
B 23826 Castinette Way Sold | $650,000 | 4 | 3 | 2,378 | $273 | 0.1 mi |
C 23799 Via De Gema Linda Sold | $695,000 | 5 | 3 | 2,882 | $241 | 0.5 mi |
D 39634 Cornhusk Cir Sold | $750,000 | 5 | 3 | 2,716 | $276 | 0.5 mi |
E 39909 Candy Apple Sold | $675,000 | 4 | 3 | 2,052 | $329 | 0.4 mi |
F 26523 Bladen Avenue Sold | $720,000 | 5 | 3 | 3,144 | $229 | 0.7 mi |
G 23926 Button Bush Court Pending | $699,900 List Price | 5 | 3 | 2,435 | $287 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, the property is 27 years old and retains dated builder-grade finishes in the bathrooms and kitchen. While the listing highlights brand new carpet and updated landscaping (new sod), the core interior aesthetics and systems exceed the 20-year mark without a major renovation, placing it in the fair category.
The conversion of the original game room into a fifth bedroom provides exceptional utility for large families, multi-generational living, or a spacious home office setup.
With brand-new carpet throughout and newly installed sod in the backyard, the home offers a move-in-ready experience with immediate aesthetic appeal.
Situated in a desirable Murrieta neighborhood, the property is within walking distance to Tovashal Elementary and served by the highly-rated Murrieta Valley Unified School District.
With 118 days on the market and five consecutive price reductions, the property may carry a 'stale' listing perception that requires aggressive marketing to overcome.
The property lacks any significant views, which may be a competitive disadvantage compared to other homes in the Murrieta area that offer hillside or city light vistas.
Welcome to this beautiful home located in the highly desirable community of Murrieta. Situated on a quiet street. this property offers comfort, functionality, and an excellent location close to schools, shopping, dining, parks, and major freeways. This home offers 4 bedrooms plus a bonus room currently used as a 5th bedroom. Buyer to verify all permits, uses, and square footage to their satisfaction. The home is equipped with a whole house fan system, providing an energy-efficient way to improve air circulation and help keep the home comfortable year-round. ****Brand New Carpet has been installed****** The home features a spacious and well-designed floor plan with abundant natural light, generous living areas, and a welcoming atmosphere perfect for everyday living and entertaining. The owner has thoughtfully converted the original game room into an additional bedroom, making this home a true 5-bedroom property—ideal for larger families, guests, or a home office setup. Brand new Backyard look with new sods installation. Enjoy a bright kitchen that opens to the main living space, perfect for gatherings and family time. The bedrooms are well-sized, offering comfort and privacy, while the primary suite provides a relaxing retreat. The backyard offers ample space for outdoor enjoyment, gardening, or future customization. this home featured with automatic garage door opener, burglar alarm, Automated Springlet system. Located in a well-established neighborhood, this home combines convenience with tranquility. A wonderful opportunity to own in one of Murrieta’s most sought-after areas.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,646 | 2,274 | 60% |
| Lot Size | 6,534 | 7,405 | 36% |
| Price | $679.0K | $700.0K | 43% |
| Price per sq ft | $257 | $327 | 13% |
| Built year | 1999 | 1998 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 150 | 153 | 47% |
May 30, 2026
$679,000
$699,900
-3% Price Drop
Initial Listing
Mar 25, 2026
$699,900
$715,000
-2% Price Drop
Initial Listing
Feb 26, 2026
$715,000
$724,000
-1% Price Drop
Initial Listing
Feb 20, 2026
$724,000
$733,000
-1% Price Drop
Initial Listing
Feb 12, 2026
$733,000
$739,000
-1% Price Drop
Initial Listing
Jan 17, 2026
$739,000
Initial Listing
Feb 9, 2017
$410,000
Public Record
Jan 28, 2013
$257,000
Public Record
Dec 6, 2012
$250,000
Public Record
Jul 15, 2004
$458,000
Public Record
Jun 25, 1999
$217,000
Public Record