
Murrieta, California 92563
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $500,000—positioned well below the $534,065 Fair Market Value by 6%. This valuation gap offers $34,065 in Instant Equity for the buyer. With a Fair Condition Rating and an as-is short sale status, the property requires cosmetic updates, yet offers significant upside. Located in the top-tier Murrieta school district near 9/10-rated schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26259 Douglass Union Subject 3 bd · 3 ba · 2,601 sqft · $205 | $500,000* List Price | 3 | 3 | 2,601 | $205 | - |
A 26224 Douglass Union Lane Sold 4 bd · 3 ba · 2,411 sqft · $249 · 0.0 mi | $600,000 | 4 | 3 | 2,411 | $249 | 0.0 mi |
B 39789 Chambray Sold 3 bd · 3 ba · 2,601 sqft · $233 · 0.1 mi | $605,000 | 3 | 3 | 2,601 | $233 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 22 years old, placing it in the Fair category. While the description mentions modern appliances, the 'as-is' short sale status and the prompt for buyers to 'make it their own' indicate the home likely features original 20-year-old finishes and requires cosmetic updates or minor repairs.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
The property is situated within the prestigious Murrieta school district, with proximity to top-tier institutions like Alamos Elementary (9/10) and Chaparral High (9/10), ensuring long-term value and appeal for families.
At 2,601 square feet, this 3-bedroom home offers an exceptionally spacious floor plan, including a large primary retreat and generous living areas that exceed the average size for this bedroom count.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3485, living area = 2601.
The requirement for bank approval and an 'as-is' sale condition introduces potential for lengthy closing delays and the risk of deferred maintenance that the buyer must address without seller credits.
The 3,485 square foot lot is quite small relative to the home's large interior footprint, resulting in limited backyard space and closer proximity to neighboring residences.
Welcome to 26259 Douglass Union Lane, a charming residence nestled in the heart of Murrieta, CA. This spacious 2,601 square foot home, built in 2002, offers the perfect blend of comfort, functionality, and potential. With 3 well-appointed bedrooms and 2.5 bathrooms, this property is ideal for those looking to enjoy the southern California lifestyle. As you step inside, you'll be greeted by a bright and airy layout that seamlessly connects the living spaces. The generously sized living room provides ample space for relaxation and entertainment, while the adjacent dining area is perfect for hosting gatherings or intimate dinners. The kitchen features modern appliances and plenty of counter and cabinet space, making it a joy to cook and create culinary masterpieces. The primary bedroom is a true retreat, featuring an ensuite bathroom with dual sinks, a soaking tub, and a separate shower. The additional bedrooms are well-sized, providing comfortable accommodations for family or guests. A conveniently located half bath serves the common areas, ensuring privacy and functionality. The home's exterior boasts a manageable 3,485 square foot lot that offers potential for outdoor enjoyment, whether you desire a garden oasis or a space for outdoor entertaining. The property is located in a friendly neighborhood, close to parks, schools, shopping centers, and easy access to major highways for commuters. Please note that this property is a short sale subject to bank approval and will be sold as-is, providing an excellent opportunity for buyers looking to invest in a home and make it their own.
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 |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,601 | 2,489.548 |
| Lot Size | 3,485 | 7,204.151 |
| Price | $500.0K | $712.8K |
| Price per sq ft | $192 | $302 |
| Built year | 2002 | 2001 |
| HOA | $165.0 | $164 |
| Days on market | 4 | 58 |
Oct 20, 2026
$500,000
Initial Listing
Sep 16, 2022
$582,500
Public Record
May 23, 2022
$660,000
Public Record
Sep 27, 2021
$580,000
Public Record
Jan 14, 2021
$500,000
Public Record
Jan 10, 2018
$389,000
Public Record
Feb 25, 2016
$329,000
Public Record
Oct 9, 2008
$199,500
Public Record