
Murrieta, California 92563
This Turnkey Ground-Floor Condo is a Strong Value Opportunity, listed at $419,900—positioned well below the $449,876 Fair Market Value by 6%. This valuation gap offers $29,976 in Instant Equity for the buyer. Featuring a Good Condition Rating with recent upgrades like new flooring and appliances, the home offers a versatile flex space and resort-style amenities. Located near Top-Rated Schools like Alamos Elementary and Chaparral High, this property is an ideal choice for first-time buyers or savvy investors seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26368 Arboretum Subject | $419,900* List Price | 2 | 2 | 1,031 | $436 | - |
A 26368 Arboretum Way 3201 Sold | $399,000 | 2 | 2 | 890 | $448 | 0.0 mi |
B 26390 Arboretum 3004 Sold | $400,000 | 2 | 2 | 890 | $449 | 0.0 mi |
C 26409 Arboretum Way 2506 Sold | $395,000 | 2 | 2 | 1,031 | $383 | 0.2 mi |
D 26348 Arboretum Way 504 Sold | $378,500 | 2 | 2 | 890 | $425 | 0.1 mi |
E 26342 Arboretum Sold | $350,000 | 1 | 1 | 787 | $445 | 0.0 mi |
F 26364 Arboretum 3303 Sold | $325,000 | 1 | 1 | 730 | $445 | 0.0 mi |
G 26314 Arboretum 3804 Sold | $389,500 | 2 | 2 | 890 | $438 | 0.1 mi |
H 26502 1603 Arboretum Sold | $312,000 | 1 | 1 | 730 | $427 | 0.1 mi |
I 26336 Arboretum Way 3705 Active | $467,000 List Price | 2 | 2 | 1,031 | $453 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (22 years old), the property is well-maintained and functional. It features recent cosmetic updates including new flooring, fresh interior paint, and updated kitchen countertops/appliances, which elevates it from 'Fair' to 'Good' as it is move-in ready despite some original 20-year-old cabinetry and bathroom fixtures.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
The condo features significant recent improvements including new flooring, fresh interior paint, updated kitchen countertops, and brand-new appliances, offering a turnkey experience for the buyer.
As a rare ground-floor unit, it provides excellent accessibility and includes a dedicated office/bonus flex space, which is highly desirable for remote professionals or those needing extra storage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1031, other record living area = 730. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property only includes a detached single-car garage, which may be insufficient for multi-vehicle households or buyers requiring extensive on-site storage.
The unit is noted as having no specific views, which may be a drawback for buyers looking for the aesthetic appeal of the surrounding Murrieta landscape or hills.
Rare Ground-Floor Opportunity in Murrieta's Gated Arboretum Community! ****Updated Ground-Floor Condo with Seller Closing Cost Assistance**** Welcome to effortless resort-style living in this beautifully updated 2-bedroom, 2-bath condo featuring a versatile office/bonus space, perfect for working from home or creating the flex area you've been looking for. Thoughtfully upgraded with new flooring, fresh interior paint, updated kitchen countertops, a brand-new stove, and a new microwave, this move-in-ready home offers an open-concept layout, a cozy fireplace, in-unit laundry with washer and dryer included, a private covered patio, and a detached single-car garage. Enjoy exclusive access to resort-style amenities, including a sparkling pool, spa, fitness center, and beautifully maintained gated grounds, all conveniently located near shopping, dining, parks, top-rated schools, and easy freeway access. To make this opportunity even more attractive, the seller is willing to assist with buyer closing costs. Whether you're a first-time buyer, downsizing, or searching for a smart investment, this exceptional home checks every box. Don't miss your chance to own in one of Murrieta's most sought-after communities—schedule your private showing and submit your offer today!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,031 | 1,436 |
| Lot Size | - | 1,850.5 |
| Price | $419.9K | $477.9K |
| Price per sq ft | $407 | $337 |
| Built year | 2004 | 2005 |
| HOA | $227.0 | $325 |
| Days on market | 15 | 69 |
Jul 7, 2026
$419,900
Initial Listing
Mar 26, 2004
$161,000
Public Record