24673 Leafwood Drive, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This Single Family Residence is a High-Potential Investment Opportunity, listed at $650,000—positioned well above the $574,996 Fair Market Value by -13%. While priced above market, the property features a Fully Owned 16-Panel Solar System with transferable NEM 1.0 status and a Private Pool with Waterfall. With a Condition Rating of 4, the home offers significant upside for cosmetic modernization. Located near Top-Rated Schools like Murrieta Mesa High, this is an ideal acquisition for Owner-Occupants seeking long-term energy efficiency or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24673 Leafwood Drive Subject | $650,000* List Price | 4 | 3 | 1,778 | $357 | - |
A 24546 New Haven Dr Sold | $630,000 | 3 | 3 | 1,577 | $399 | 0.2 mi |
B 24499 Leafwood Drive Sold | $630,000 | 3 | 3 | 1,577 | $399 | 0.2 mi |
C 39560 Seven Oaks Sold | $625,000 | 4 | 3 | 1,853 | $337 | 0.3 mi |
D 40002 Fairwood Sold | $600,000 | 3 | 3 | 2,175 | $276 | 0.2 mi |
E 39897 Verono Corte Sold | $550,000 | 4 | 3 | 1,778 | $309 | 0.1 mi |
F 40412 Via Amapola Sold | $500,000 | 3 | 3 | 1,722 | $290 | 0.9 mi |
G 39495 Seven Oaks Sold | $650,000 | 4 | 3 | 1,853 | $351 | 0.3 mi |
H 24599 Calle San Vicente Sold | $660,000 | 4 | 3 | 2,084 | $317 | 0.4 mi |
I 24784 Half Dome Court Active Under Contract | $645,000 List Price | 4 | 3 | 1,853 | $348 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is well-maintained and functional but remains largely dated. While it features a valuable owned solar system and a clean pool, the interior shows its age with original-style oak cabinetry, fluorescent kitchen lighting, wallpaper borders, and older carpet that require cosmetic modernization.
The property features a fully owned 16-panel solar system grandfathered into the Southern California Edison NEM 1.0 program until 2034, providing the most financially favorable utility billing structure available.
The outdoor living space is a premier feature, offering a sparkling pool with a waterfall, an expansive covered patio, and a variety of mature fruit trees including fig, apricot, and orange.
The front yard is professionally designed with drought-tolerant landscaping, decorative river rock, and a drip irrigation system, ensuring high aesthetic value with minimal maintenance requirements.
Built in 1988, the interior may require modern cosmetic upgrades to the kitchen and bathrooms to compete with newer contemporary builds in the Murrieta area.
At 1,778 square feet for a four-bedroom layout, the individual room sizes and common areas may feel somewhat constrained for families seeking a more expansive floor plan.
Energy efficient home with pool in the heart of Murrieta, situated on a generously sized lot in the Summerwind community. Featuring a 16 PANEL SOLAR SYSTEM, FULLY OWNED & PAID FOR. *EXCLUSIVE PERK* Transferable to the buyer is the Southern California Edison legacy NEM 1.0 program, unlocking California's most profitable solar credits for years of ultra-low utility bills. (Until Jan. 2034) The front yard has been thoughtfully designed for beauty and ease of maintenance, featuring drought-conscious landscaping with decorative river rock, mature trees, and easy care plants. Enjoy a variety of fruit-bearing trees including fig, apricot, & orange, complemented by an elegant magnolia tree. Established plantings are serviced by a drip irrigation system. Upon entry you’ll find vaulted ceilings in the living room & dining area, creating a feeling of openness. The heart of the home is an inviting open-concept kitchen & family room, creating a warm and connected gathering space. A cozy fireplace, offering both gas & wood-burning options, serves as the focal point of the family room. A sliding glass door off the family room leads you to one of the top features of this property. Step into your back yard retreat where every day feels like a vacation. The beautifully landscaped backyard offers the perfect blend of beauty, comfort, & fun. A sparkling pool, complete with waterfall, is surrounded by lush greenery. The expansive covered outdoor living area provides shade & comfort. The side yard has a fenced off area that may be used as a dog run, gardening supply area or any other use you may need. Upstairs is the primary ensuite bedroom, 3 additional bedrooms & full bathroom. Downstairs is a half bath, laundry room w/washer & dryer included & direct access to the 2 car garage. Conveniently located near shopping centers, services, eateries, medical facilities, schools, parks & recreation. Easy access to I-15 and I-215 freeways.
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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,778 | 2,570 |
| Lot Size | 6,098 | 7,405 |
| Price | $650.0K | $717.1K |
| Price per sq ft | $366 | $305 |
| Built year | 1988 | 2001 |
| HOA | $0 | $180 |
| Days on market | 44 | 61 |
Jun 8, 2026
$650,000
Initial Listing
Jun 10, 1999
$154,000
Public Record