24502 Avenida Arconte, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This property presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $551,017 Fair Market Value by -27%. Featuring a Fair Condition Rating, the home requires significant capital expenditures, including HVAC and roof repairs. However, the 2,637 sqft layout and Spacious Lot offer substantial upside for forced appreciation. Located near Top-Rated Schools like Murrieta Mesa High, this asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24502 Avenida Arconte Subject | $700,000* List Price | 4 | 3 | 2,637 | $209 | - |
A 39560 Seven Oaks Sold | $625,000 | 4 | 3 | 1,853 | $337 | 0.7 mi |
B 24330 Dr Gitano Sold | $650,000 | 3 | 3 | 2,188 | $297 | 0.3 mi |
C 40254 40254 Via Sonoro Sold | $687,000 | 4 | 3 | 2,086 | $329 | 0.3 mi |
D 24599 Calle San Vicente Sold | $660,000 | 4 | 3 | 2,084 | $317 | 0.7 mi |
E 24515 Westhaven Court Sold | $610,000 | 4 | 3 | 2,007 | $304 | 0.1 mi |
F 40412 Via Amapola Sold | $500,000 | 3 | 3 | 1,722 | $290 | 0.4 mi |
G 39963 Via Espana Pending | $739,000 List Price | 4 | 3 | 2,692 | $275 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (36 years old) and largely in original condition. The listing explicitly states the home requires a new HVAC system and potential roof work. Interior images show dated kitchen/baths, significant clutter, and signs of ceiling damage in the garage, indicating a need for a full rehab rather than minor updates.
Situated in a highly desirable Murrieta neighborhood, the property is within walking distance to top-tier schools like Shivela Middle and Murrieta Mesa High, making it an ideal choice for families.
With a spacious 2,637 sqft layout and a generous lot, this property offers a substantial 'blank canvas' opportunity for investors or buyers looking to build equity through custom renovations.
The home features beautiful mountain views, providing a serene backdrop that enhances the property's aesthetic appeal and overall marketability.
The property requires significant immediate investment, including a new HVAC system and potential roof work, which may deter buyers looking for a move-in-ready home.
The need to review prior modifications and conduct extensive due diligence suggests potential complexities regarding unpermitted work or structural updates.
A rare opportunity in one of Murrieta’s most desirable neighborhoods—this property offers the perfect blend of location, space, and upside potential. Situated on a generous lot, the home features a functional layout ready to be transformed into a modern, custom residence. The expansive front and backyard provide a blank canvas for landscaping and outdoor living, ideal for creating a private retreat or entertainer’s space. This is a value-add opportunity requiring updates, including a new HVAC system, potential roof work, and review of prior modifications. Buyers to conduct their own due diligence. Conveniently located near top-rated schools, shopping, dining, and commuter access—making it an ideal investment for those looking to build equity in a prime area. ? Highlights: Prime Murrieta location Spacious lot with potential Flexible layout for customization Strong upside opportunity
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.2 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 | 2,637 | 2,283 | 60% |
| Lot Size | 6,970 | 7,405 | 41% |
| Price | $700.0K | $700.0K | 50% |
| Price per sq ft | $265 | $326 | 18% |
| Built year | 1990 | 1997 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 153 | 4% |
Apr 21, 2026
$700,000
Initial Listing
Apr 25, 2001
$202,500
Public Record