
Murrieta, California 92562
This Single-Story Residential Asset represents a High-Potential Investment Opportunity, listed at a List Price of $488,800—positioned well below the $492,923 Fair Market Value by 0.84%. This valuation gap offers $4,123 in Instant Equity. With a Condition Rating of 4, the home requires cosmetic modernization, providing a clear path for value-add improvements. Located in the gated 55+ community of The Colony, it offers resort-style amenities and a functional floor plan. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to customize a home in a premier active adult community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23978 Via Pamilla Subject | $488,800* List Price | 2 | 2 | 1,585 | $305 | - |
A 23727 Corte Andar Sold | $475,000 | 2 | 2 | 1,495 | $318 | 0.4 mi |
B 23890 Corte Cajan Sold | $500,000 | 2 | 2 | 1,489 | $336 | 0.1 mi |
C 40311 Via Ambiente Sold | $480,000 | 2 | 2 | 1,263 | $380 | 0.3 mi |
D 23878 Corte Cajan Sold | $520,000 | 2 | 2 | 1,489 | $349 | 0.1 mi |
E 40314 Via Calidad Sold | $529,900 | 2 | 2 | 1,585 | $334 | 0.1 mi |
F 23907 Corte Emerado Sold | $375,000 | 2 | 2 | 1,668 | $225 | 0.1 mi |
G 40053 Corte Fortuna Sold | $505,000 | 3 | 2 | 1,764 | $286 | 0.4 mi |
H 40412 Via Amapola Sold | $500,000 | 3 | 3 | 1,722 | $290 | 0.6 mi |
I 40429 Via Camposeco Active | $510,000 List Price | 2 | 2 | 1,607 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this 28-year-old home is in mostly original condition. The kitchen features dated oak cabinetry, white tile countertops, and older appliances. The carpet shows visible wear, and the listing description notes an 'opportunity to customize,' confirming the need for cosmetic updates and modernization of systems.
Located in the highly regarded gated community of The Colony, residents have access to resort-style amenities including a clubhouse, pool, spa, tennis courts, and golf course.
The single-story floor plan features soaring vaulted ceilings, skylights, and large windows that create an airy, light-filled atmosphere throughout the living spaces.
The property includes a private gated front courtyard and an expansive covered rear patio, providing excellent low-maintenance spaces for outdoor relaxation and entertaining.
Marketed as an opportunity to customize, the 1996 interior likely requires updates to flooring, fixtures, and finishes to meet contemporary luxury standards.
The property is noted as having no specific views, which may be a disadvantage compared to other homes in the Murrieta area that offer hills or golf course vistas.
Located within the highly sought-after gated 55+ community of The Colony, this single-story residence offers a spacious and functional floor plan with soaring vaulted ceilings and abundant natural light throughout. The home features a large living room with fireplace, formal dining area, bright kitchen with skylights and center island, indoor laundry room, and generous primary suite with oversized vanity and ample storage. Sliding glass doors provide seamless access to the expansive covered patio and private backyard, offering an excellent space for outdoor entertaining or relaxation. Additional highlights include an attached two-car garage, gated front courtyard, and low-maintenance landscaping. Residents of The Colony enjoy resort-style amenities including a clubhouse, pool, spa, fitness center, tennis courts, golf course access, and numerous social activities, all conveniently located near shopping, dining, medical facilities, and freeway access. A wonderful opportunity to customize and make this home your own in one of Murrieta's premier active adult communities.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,585 | 2,570 |
| Lot Size | 5,663 | 7,405 |
| Price | $488.8K | $717.1K |
| Price per sq ft | $308 | $305 |
| Built year | 1996 | 2001 |
| HOA | $356.0 | $180 |
| Days on market | 40 | 61 |
Jun 12, 2026
$488,800
Initial Listing
Dec 12, 1996
$150,000
Public Record