27288 Sierra Madre Drive, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 3 bath
27288 Sierra Madre Drive
Murrieta, California 92563
Property Price
SUMMARY
Analysis of 27288 Sierra Madre Drive, Murrieta, California 92563 reveals a Prime Investment Opportunity with a current list price of $699,999—significantly undercutting the $725,000 Fair Market Value by 3%. This valuation gap indicates a +$25,001 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27288 Sierra Madre Drive Subject | $699,999* List Price | 4 | 3 | 2,608 | $278 | - |
A 27478 Sierra Madre Drive Sold | $750,000 | 4 | 3 | 2,608 | $288 | 0.3 mi |
B 39304 Memory Drive Sold | $665,000 | 4 | 3 | 2,109 | $315 | 0.6 mi |
C 39623 Clos Du Val Sold | $761,000 | 4 | 3 | 2,773 | $274 | 0.4 mi |
D 39355 Calistoga Drive Sold | $700,000 | 4 | 3 | 2,022 | $346 | 0.8 mi |
E 39483 Almaden Circle Sold | $630,000 | 3 | 2 | 2,180 | $289 | 0.6 mi |
F 39351 Memory Drive Active | $698,998 List Price | 4 | 3 | 2,470 | $283 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring upgraded flooring throughout and a modernized kitchen with a large center island and stainless steel appliances. While built in 2002, the interior updates and functional layout—including a main-floor bedroom and leased solar—align with 'Good' condition standards, showing minimal wear and no immediate need for renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
- Financial Efficiency
The property offers a significant ownership advantage with no HOA fees and a low tax rate, paired with leased solar to help minimize monthly utility and carrying costs.
- Versatile Floor Plan
The layout is highly functional, featuring a sought-after main-floor bedroom and full bath, a large kitchen island for gathering, and a spacious upstairs loft for additional living space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6909, other record lot size in square feet = 6969.
- Solar Lease Assumption
The solar system is leased rather than owned, requiring the buyer to qualify for and assume the existing contract, which can complicate the financing process.
- Limited Natural Landscaping
The backyard is primarily hardscaped for low maintenance, which may be a drawback for buyers seeking traditional green space, gardens, or soft play areas for children.
About 27288 Sierra Madre Drive
NO HOA, LOW TAX! Welcome to this inviting family home located at 27288 Sierra Madre in Murrieta. Designed with both comfort and functionality in mind, this home features a bedroom and full bathroom on the main level, ideal for guests, extended family, or a private home office. The heart of the home is the beautiful kitchen, complete with a large center island that’s perfect for family meals, homework time, and entertaining. Open and welcoming, it flows seamlessly into the main living areas, creating a space where everyone can gather. Upstairs, you’ll find a spacious loft—perfect for a playroom, media room, or second living area—along with a generous primary bedroom and two additional rooms offering plenty of space for a growing family. Upgraded flooring throughout adds style and durability for everyday living. Outside, enjoy a low-maintenance hardscape backyard, ideal for kids to play and family barbecues. The detached garage with an additional workshop provides extra storage and room for projects or hobbies. Plus, the home includes leased solar and 2 Tesla batteries helping keep energy costs down. Conveniently located near schools, parks, shopping, and dining, this home is ready to welcome its next family.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 6,909 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Murrieta Unified Schools
Nicolas Valley Elementary School
Grades K-5 • 0.9 mi
Ysabel Barnett Elementary School
Grades K-5 • 0.9 mi
Daniel N. Buchanan Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,608 | 2,563 | 56% |
| Lot Size | 6,909 | 6,970 | 47% |
| Price | $700.0K | $695.0K | 52% |
| Price per sq ft | $268 | $287 | 38% |
| Built year | 2002 | 2004 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 170 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$699,999
$725,000
-3% Price Drop
Initial Listing
Price Change
Feb 4, 2026
$725,000
Initial Listing
Sold
Oct 25, 2017
$425,000
Public Record
Sold
Oct 11, 2002
$295,500
Public Record