
Murrieta, California 92563
This Spacious Three-Story Residence represents a Strong Value Opportunity, listed at $610,000—positioned above the $591,552 Fair Market Value by 3%. While priced slightly above market, the home maintains a Condition Rating of 4, reflecting consistent upkeep by original owners. Featuring a versatile 4th bedroom conversion and a third-floor loft, the property offers significant functional flexibility. Located in the Murrieta Valley Unified School District near top-rated schools like Chaparral High, this home is an ideal choice for Owner-Occupants or growing families seeking a well-maintained, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26224 Douglass Union Lane Subject | $589,900* List Price | 3 | 3 | 2,411 | $230 | - |
A 39789 Chambray Pending | $564,998 List Price | 3 | 3 | 2,601 | $217 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 22-year-old home is in original condition. While the description notes it is well-maintained by original owners, the kitchen and bathrooms feature dated oak cabinetry, white appliances, and builder-grade fixtures from the early 2000s, fitting the criteria for a property over 20 years old needing cosmetic updates.
Elementary School: Alta Murrieta Elementary School (9/10). High School: Chaparral High School (9/10).
The home features a versatile layout including a ground-floor 4th bedroom conversion with dedicated air conditioning and a third-floor loft, ideal for a home office, guest suite, or media room.
Situated in a gated community near the Murrieta Hot Springs Resort, the property offers excellent proximity to major freeways (I-15/I-215) and highly-rated Murrieta Valley Unified schools.
The conversion of a portion of the garage into a fourth bedroom limits covered parking options, which may be a drawback for households with multiple vehicles requiring indoor storage.
With a lot size of 3,920 square feet and a focus on low-maintenance landscaping, the property offers minimal backyard space for buyers seeking a large private garden or traditional lawn.
Gated Murrieta | 4 Bedrooms + 3rd Floor Bonus Loft + 2nd Floor Bonus Space | Private Driveway | Original Owners Welcome to The Bungalows at Old School House, one of Murrieta's sought-after, privately gated communities. Residents of the Bungalows at Old School House enjoy gated security and resort-style amenities, including a secure, gated, and heated pool and spa, playgrounds, and grassy common areas. The home offers 2,411 square feet of living space and has been thoughtfully configured to maximize usable rooms. The original floor plan includes three bedrooms and 2.5 bathrooms. A fourth bedroom was added on the ground level, finished within a portion of the garage, and equipped with air conditioning, making it a comfortable and functional space suitable for guests, a home office, or a private room for extended family. The remaining portion of the garage has been preserved as usable storage space, so you are not giving up utility for the added room. On the third floor, a loft/bonus area offers flexible living space that can serve as a media room, playroom, study, or home gym, depending on your needs. The home features a long private driveway, providing ample off-street parking and a welcoming approach to the property. The backyard has been designed with low-maintenance landscaping, offering outdoor space without the upkeep demands of a traditional lawn-heavy yard. Located just across from the Murrieta Hot Springs Resort, a historic wellness destination known for its natural hot springs and resort amenities, this home sits in one of the more convenient pockets of the city. Gas stations, restaurants, EOS Fitness, and The Golf Club at Rancho California are all within close reach, giving residents easy access to everyday needs and recreational activities without a long drive. Everyday conveniences such as shopping, dining, and the Temecula Wine Country are all close by, all while being within the highly regarded Murrieta Valley Unified School District.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 23% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,411 | 2,563 | 44% |
| Lot Size | 3,920 | 7,405 | 8% |
| Price | $589.9K | $715.0K | 7% |
| Price per sq ft | $245 | $286 | 22% |
| Built year | 2002 | 2003 | 42% |
| HOA | $165.0 | $0 | 92% |
| Days on market | 0 | 143 | 4% |
Jun 4, 2026
$589,900
$599,900
-2% Price Drop
Initial Listing
May 20, 2026
$599,900
$610,000
-2% Price Drop
Initial Listing
May 7, 2026
$610,000
Initial Listing
Mar 8, 2002
$227,500
Public Record