24550 Camino Meridiana, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This Upgraded Pool Residence is a Strong Value Opportunity, listed at $673,900—positioned well below the $718,653 Fair Market Value by 6%. This valuation gap provides $44,753 in Instant Equity for the incoming buyer. Maintained in Good Condition, the home features a Private Backyard Oasis with a Pool and Spa, energy-efficient Solar Panels, and a newer HVAC system. Located in the Murrieta Valley High District with No HOA and Low Taxes, this property offers long-term financial stability. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24550 Camino Meridiana Subject | $673,900* List Price | 4 | 3 | 2,102 | $342 | - |
A 24808 Half Dome Court Sold | $625,000 | 4 | 3 | 1,853 | $337 | 0.2 mi |
B 24471 Saradella Court Sold | $700,000 | 4 | 3 | 1,923 | $364 | 0.6 mi |
C 39897 Verono Corte Sold | $550,000 | 4 | 3 | 1,778 | $309 | 0.6 mi |
D 24437 Ridgewood Road Sold | $699,999 | 4 | 3 | 1,816 | $385 | 0.9 mi |
E 24515 Westhaven Court Sold | $610,000 | 4 | 3 | 2,007 | $304 | 0.8 mi |
F 24516 Camino Mirabella Active Under Contract | $699,000 List Price | 4 | 3 | 2,102 | $333 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with several key updates. While built in 1988, the interior features modern wood-look tile flooring, updated stainless steel kitchen appliances, and neutral paint throughout. Major systems have been addressed, including a newer air conditioning system and solar panels. Although the kitchen retains some original 1980s elements like tile countertops and painted cabinetry, the overall quality and lack of deferred maintenance align with the 'good' condition category.
The property features a sparkling pool and spa on an expansive nearly 7,000 sq ft lot, offering a premium outdoor lifestyle that is highly sought after in the Murrieta market.
The absence of HOA fees combined with a low tax rate provides significant monthly savings and increased purchasing power for buyers compared to neighboring developments.
Equipped with a newer air conditioning system and solar panels, the home is optimized for climate comfort and reduced utility expenses.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The requirement for the buyer to assume the remaining solar lease represents a long-term financial commitment that may complicate the financing process for some applicants.
While well-maintained, the 1988 construction may require additional capital investment for cosmetic updates to meet the modern aesthetic preferences of today's luxury buyers.
Welcome to a home where comfort, connection, and everyday living come together effortlessly. This beautifully maintained two-story traditional residence, built in 1988, sits on an expansive nearly 7,000 sq ft lot and offers over 2,100 sq ft of thoughtfully designed living space. With 4 spacious bedrooms and 2.5 bathrooms, this home provides the perfect balance of room to grow and spaces to gather. The open-concept kitchen flows seamlessly into the family room, creating a warm and inviting hub of the home—ideal for morning routines, homework at the table, cozy movie nights, and weekend entertaining. A formal dining room sets the stage for memorable holiday dinners and special occasions, while the separate living room offers added versatility—perfect for a playroom, home office, or a quiet retreat. Step outside and discover your own private backyard oasis. Designed for both relaxation and fun, the sparkling POOL AND SPA create the ultimate setting for sunny afternoons, evening swims, and year-round enjoyment. Thoughtful upgrades include energy-efficient newer SOLAR (buyer to assume remaining lease) to help keep utility costs down, along with a newer air conditioning system to ensure comfort in every season. Ideally located near parks, schools, shopping, and convenient freeway access—with NO HOA and LOW TAXES—this home offers the lifestyle today’s buyers are looking for. Homes like this are rare...don’t miss the opportunity to make it yours and start your next chapter here.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 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 | 2,102 | 2,427 | 41% |
| Lot Size | 6,970 | 7,840 | 41% |
| Price | $673.9K | $715.0K | 39% |
| Price per sq ft | $321 | $317 | 52% |
| Built year | 1988 | 1998 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 187 | 1% |
Apr 1, 2026
$673,900
Initial Listing
Mar 30, 2022
$675,000
Public Record
Apr 26, 2019
$416,000
Public Record
Aug 29, 2005
$429,000
Public Record
May 1, 1998
$165,500
Public Record