24847 Lincoln Avenue, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $699,999—positioned well below the $663,909 Fair Market Value by -5%. While the home is in Fair Condition Rating due to its 1989 vintage, the 9,148 sqft lot and functional 4-bedroom layout provide a solid foundation for value-add renovations. Located near top-rated schools like Murrieta Mesa High, this property balances long-term appreciation potential with family-oriented utility. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24847 Lincoln Avenue Subject | $699,999* List Price | 4 | 3 | 2,164 | $307 | - |
A 40609 Symeron Sold | $700,000 | 4 | 3 | 1,997 | $351 | 0.2 mi |
B 40561 Angelica Sold | $740,000 | 4 | 2 | 1,772 | $418 | 0.2 mi |
C 24330 Dr Gitano Sold | $650,000 | 3 | 3 | 2,188 | $297 | 0.8 mi |
D 40254 40254 Via Sonoro Sold | $687,000 | 4 | 3 | 2,086 | $329 | 0.3 mi |
E 39963 Via Espana Sold | $686,500 | 4 | 3 | 2,692 | $255 | 0.6 mi |
F 40002 Fairwood Sold | $600,000 | 3 | 3 | 2,175 | $276 | 0.5 mi |
G 40135 Festival Road Sold | $620,787 | 4 | 3 | 2,496 | $249 | 0.9 mi |
H 40597 Symphony Park Ln Sold | $772,500 | 4 | 3 | 2,335 | $331 | 0.3 mi |
I 40205 White Leaf Active | $659,500 List Price | 5 | 3 | 2,550 | $259 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property is well-maintained but largely dated. While the kitchen features some partial updates like stainless steel appliances and a newer tile backsplash, the bathrooms retain original oak vanities and white tile countertops. The carpet and overall finishes are older than 20 years, placing it in the 'Fair' category as it requires cosmetic modernization.
The property features a substantial 9,148 sqft lot, providing ample space for outdoor entertaining, gardening, or future customization such as a pool or play area.
With 4 bedrooms and 3 bathrooms across 2,164 sqft, the home offers a spacious and open floor plan that is ideal for growing families or multi-generational living.
Situated in a highly desirable Murrieta neighborhood with access to top-rated schools and convenient freeway proximity, ensuring strong long-term value and lifestyle convenience.
The listing indicates no significant views, which may be a drawback for buyers specifically looking for the panoramic vistas often available in the Murrieta area.
Built in 1989, the home may require cosmetic updates or system upgrades to meet the aesthetic and energy-efficiency expectations of modern buyers.
Welcome to 24847 Lincoln Ave, Murrieta. A beautifully maintained single family residence located in one of Murrieta’s established residential neighborhoods. This inviting home offers a bright and functional layout designed for comfortable everyday living. The interior features open living spaces that flow seamlessly from room to room, creating a warm and welcoming atmosphere perfect for both relaxing and entertaining. The kitchen provides ample cabinetry and counter space, ideal for home cooking and gathering with family and friends. The bedrooms are generously sized, offering comfort and privacy, while the bathrooms are well-appointed with practical finishes. Step outside to enjoy a spacious backyard with plenty of room for outdoor dining, gardening, or future customization such as a play area or outdoor lounge space. The property also includes an attached garage and a wide driveway, providing convenient parking and storage options. Located in the heart of Murrieta, this home offers easy access to nearby schools, shopping, dining, parks, and freeway access—making daily commuting and errands simple and efficient. Whether you're a first-time buyer or looking to upgrade, this home delivers comfort, location, and long-term value in a highly desirable area.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 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 | 2,164 | 2,570 |
| Lot Size | 9,148 | 7,405 |
| Price | $700.0K | $717.1K |
| Price per sq ft | $323 | $305 |
| Built year | 1989 | 2001 |
| HOA | $0 | $180 |
| Days on market | 14 | 61 |
Jul 8, 2026
$699,999
Initial Listing