24643 Leafwood Dr, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This Versatile Income-Potential Residence is a strategic acquisition listed at $619,999, offering exceptional price stability at its $619,999 Fair Market Value. Boasting a Well-Maintained Condition Rating, the home features updated laminate flooring and a refreshed kitchen, complemented by Scenic Mountain Views. The property’s standout feature is the lot's capacity for an ADU and JADU, providing a clear path for passive income or multi-generational living. Located near Top-Rated Schools like Murrieta Mesa High, it perfectly balances lifestyle and growth. This is an ideal opportunity for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking a high-utilization asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24643 Leafwood Dr Subject | $619,999* List Price | 4 | 3 | 1,778 | $349 | - |
A 39897 Verono Corte Sold | $550,000 | 4 | 3 | 1,778 | $309 | 0.1 mi |
B 24808 Half Dome Court Sold | $625,000 | 4 | 3 | 1,853 | $337 | 0.4 mi |
C 39495 Seven Oaks Sold | $650,000 | 4 | 3 | 1,853 | $351 | 0.3 mi |
D 40565 Sunflower Sold | $660,000 | 4 | 3 | 1,727 | $382 | 0.8 mi |
E 24471 Saradella Court Sold | $700,000 | 4 | 3 | 1,923 | $364 | 0.6 mi |
F 24437 Ridgewood Road Sold | $699,999 | 4 | 3 | 1,816 | $385 | 0.4 mi |
G 39900 Quigley Rd Pending | $545,000 List Price | 4 | 3 | 1,665 | $327 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows well-maintained cosmetic updates. Although built in 1989, the home features updated laminate wood-look flooring in the bedrooms, modern light fixtures, and a refreshed kitchen with white cabinetry and clean countertops. The interior has been updated with a neutral paint scheme and appears to have no immediate need for major repairs, fitting the criteria for a well-maintained, functional home.
The property features a proven rental history and a lot designed to accommodate both an ADU and JADU, offering significant opportunities for passive income or multi-generational living.
Situated in a fast-appreciating Murrieta neighborhood, the home is within walking distance to Avaxat Elementary and near top-rated schools like Murrieta Mesa High, ensuring long-term desirability.
The property boasts beautiful mountain views, providing a premium aesthetic appeal that enhances the overall value and atmosphere of the residence.
Built in 1989, the home may require updates to major systems or cosmetic modernizations to meet the expectations of buyers looking for contemporary finishes.
With 1,778 square feet distributed across four bedrooms and three bathrooms, the individual room sizes and common areas may feel constrained compared to larger modern floor plans.
** Amazing Opportunity in the Heart of Murrieta ** Welcome to 24643 Leafwood Drive, a charming and versatile home offering the perfect blend of comfort, growth potential, and investment opportunity. Whether you’re a first-time homebuyer, a saavy investor, or searching for your next mid-term or short-term rental, this property checks every box — and then some! Murrieta continues to thrive as one of Southern California’s fastest-growing cities, with rising property values, a strong local economy, and steady population and job growth. This area has become a favorite among families and professionals alike, offering top-rated schools, nearby shopping, and easy freeway access for commuters. Investment Potential: This home already has a strong rental history and sits on a lot that provides a prime opportunity to add an ADU & JADU (Junior Accessory Dwelling Unit) — ideal for generating additional income or creating multi-generational living space. With Murrieta’s growing demand for quality rentals, your ROI potential here is exceptional. Key Highlights: -Proven rental performer with established income potential -Room to build a Additional Units for added value or passive income -Located in one of Murrieta’s most desirable, fast-appreciating neighborhoods -Ideal for a first home, investment property, or Airbnb/mid-term rental -Close to parks, schools, shopping, and freeway access Timing Is Everything: With interest rates trending lower, smart buyers are taking advantage before the next wave of competition hits the market. Lower rates will bring in high demand, inquire soon!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.4 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 | 1,778 | 2,424 | 24% |
| Lot Size | - | 7,840 | 1% |
| Price | $620.0K | $715.0K | 27% |
| Price per sq ft | $349 | $317 | 65% |
| Built year | 1989 | 1998 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 106 | 186 | 27% |
Jan 6, 2026
$619,999
Initial Listing
Jul 22, 2022
$610,000
Public Record
Apr 5, 2021
$485,000
Public Record
Jul 6, 2018
$385,000
Public Record
Jun 16, 2006
$410,000
Public Record
Aug 11, 1994
$136,500
Public Record