
Murrieta, California 92562
This Single-Story Value-Add Residence is a Prime Investment Opportunity, listed at $699,500—positioned well below the $719,323 Fair Market Value by 2%. This valuation gap offers $19,823 in Instant Equity for buyers. While currently holding a Fair Condition Rating due to unfinished flooring, the property features a premier Outdoor Entertainment Oasis with a pool, spa, and sunset views. Enhanced by paid-off solar and located in the Murrieta Valley Unified School District, this is an ideal match for Owner-Occupants or first-time buyers seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24501 Corte Rojelio Subject | $699,500* List Price | 4 | 3 | 2,200 | $327 | - |
A 42307 Wild Mustang Road Sold | $630,000 | 4 | 3 | 2,086 | $302 | 0.0 mi |
B 42729 Settlers Sold | $760,000 | 4 | 3 | 2,417 | $314 | 0.9 mi |
C 42370 Circulo Cavinara Sold | $735,000 | 4 | 3 | 2,450 | $300 | 0.1 mi |
D 24395 Silver Bullet Way Pending | $655,000 List Price | 4 | 3 | 2,230 | $294 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1999, is in fair condition as it requires immediate flooring installation in the main living areas, which are currently unfinished. While the home is clean and features a well-maintained exterior with a pool and paid-off solar, the interior remains largely dated. The kitchen and bathrooms retain original oak cabinetry and older white appliances, reflecting a 25-year-old aesthetic that has not undergone a full modern renovation.
The private, fenced backyard is a premier feature, equipped with a pool, spa, built-in BBQ, and mature fruit trees, offering an ideal space for entertaining with sunset views.
The inclusion of fully paid-off solar panels provides a significant value-add, offering the new homeowner substantial long-term savings on electricity costs.
Situated on an oversized 8,700+ sq ft corner lot, this single-story home offers enhanced privacy, a three-car garage, and a bright, open floor plan with abundant natural light.
The property currently has unfinished floors, which requires the buyer to incur immediate additional costs and labor for the installation of new flooring materials.
While 'lightly remodeled,' the home's unfinished state suggests that further cosmetic updates may be necessary to bring the interior to a fully modern and cohesive standard.
Exceptional value! Recently cleaned and lightly remodeled single-story 4 bed, 2.5 bath home on an oversized 8,700+ sq ft corner lot. Bright, open floor plan with seamless living room/kitchen flow and abundant natural light. Spacious primary suite features dual sinks, separate tub and shower, and large walk-in closet. Private, fenced backyard with pool, spa, built-in BBQ, mature fruit trees, flowering shrubs, and attractive landscaping—perfect for entertaining with beautiful sunset views. Three-car garage and generous living spaces. Floors are unfinished, offering a great opportunity to customize with vinyl plank, hardwood, or carpet. Paid-off solar panels included. Prime location just minutes to Old Town Murrieta and close to downtown Temecula shopping, dining, top-rated schools, and close to Old Town Murrieta. Easy to show—submit offers today!!
No exterior & parking available.
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 | 2,200 | 2,424 | 44% |
| Lot Size | 8,712 | 7,840 | 63% |
| Price | $699.5K | $715.0K | 44% |
| Price per sq ft | $318 | $317 | 51% |
| Built year | 1999 | 1998 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 186 | 0% |
Apr 11, 2026
$699,500
Initial Listing
Apr 15, 2002
$285,000
Public Record
Sep 28, 2001
$270,000
Public Record
May 28, 1999
$189,500
Public Record