23792 Matador Way, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
23792 Matador Way
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 23792 Matador Way, Murrieta, California 92562 reveals a property with a current list price of $715,000, which is 17% above the estimated $608,600 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 23792 Matador Way Subject | $715,000* List Price | 4 | 3 | 2,646 | $230 | - |
A 23799 Via De Gema Linda Sold | $695,000 | 5 | 3 | 2,882 | $241 | 0.5 mi |
B 23664 Groveland Place Sold | $640,000 | 5 | 3 | 2,990 | $214 | 0.4 mi |
C 24026 Crowned Partridge Sold | $695,000 | 4 | 3 | 2,382 | $292 | 0.3 mi |
D 40705 Mountain Pride Drive Sold | $650,000 | 4 | 3 | 2,155 | $302 | 0.8 mi |
E 40929 Engelmann Oak Street Sold | $710,000 | 6 | 3 | 2,687 | $264 | 0.9 mi |
F 23501 Brigin Place Sold | $865,000 | 4 | 4 | 3,274 | $264 | 0.8 mi |
G 40399 Jennings Drive Active | $699,900 List Price | 4 | 3 | 2,725 | $257 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1999 (27 years ago) and appears to retain most of its original builder-grade finishes, including dated white tile countertops and older white appliances in the kitchen. While the home is well-maintained, move-in ready, and features recent backyard sod, it lacks the modern updates or extensive renovations required for a higher score, fitting the criteria for a functional but aged home.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile 5-Bedroom Layout
The conversion of the original game room into a fifth bedroom significantly increases the home's utility, making it an ideal fit for large families or those requiring a dedicated home office.
- Highly-Rated School District
The property is zoned for the prestigious Murrieta Valley Unified School District, with proximity to top-rated institutions like Murrieta Mesa High and Tovashal Elementary.
- Recent Exterior Enhancements
The installation of brand-new sod in the backyard and an automated sprinkler system provides immediate curb appeal and a move-in-ready outdoor space for entertaining.
CONSRISKS & DEFICIENCIES
- Market Resistance and Pricing
The property has undergone four price reductions since its initial listing, suggesting a struggle to find its market value or a lack of initial buyer interest.
- Absence of Scenic Views
Unlike many sought-after properties in the Murrieta area that offer hillside or city light vistas, this home is noted as having no significant views.
About 23792 Matador Way
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. 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Murrieta Unified Schools
Tovashal Elementary School
Grades K-5 • 0.4 mi
E. Hale Curran Elementary School
Grades K-5 • 0.9 mi
Avaxat 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 | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,646 | 2,450 | 57% |
| Lot Size | 6,534 | 7,840 | 35% |
| Price | $715.0K | $715.0K | 50% |
| Price per sq ft | $270 | $316 | 22% |
| Built year | 1999 | 1997 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 183 | 4% |
Pricing History
Listed for Sale
Feb 26, 2026
$715,000
$724,000
-1% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$724,000
$733,000
-1% Price Drop
Initial Listing
Price Change
Feb 12, 2026
$733,000
$739,000
-1% Price Drop
Initial Listing
Price Change
Jan 17, 2026
$739,000
Initial Listing
Sold
Feb 9, 2017
$410,000
Public Record
Sold
Jan 28, 2013
$257,000
Public Record
Sold
Dec 6, 2012
$250,000
Public Record
Sold
Jul 15, 2004
$458,000
Public Record
Sold
Jun 25, 1999
$217,000
Public Record