29068 Derby, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 3 bath
Loading property details...
29068 Derby
Murrieta, California 92563
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,459Sq Ft
8,276Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$665,716
4% AboveMARKET VALUE
SUMMARY
This 4-bedroom single-family residence is a Strong Value Opportunity, listed at $699,000—positioned well below the $665,716 Fair Market Value by -4%. Featuring a Condition Rating of 4, the home offers a turnkey interior with fresh paint and new carpet, complemented by a spacious lot and private patio. Located in the top-tier Murrieta school district, it provides access to highly-rated schools like Alamos Elementary and Chaparral High. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Estimated Market Value
$665,716
Based on Realkey algorithm analyzing recent comparable sales in Murrieta.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29068 Derby Subject | $699,000* List Price | 4 | 3 | 2,459 | $271 | - |
A 29382 Taos Circle Sold | $710,000 | 4 | 3 | 2,570 | $276 | 0.3 mi |
B 37710 Sprucewood Sold | $720,000 | 4 | 3 | 2,570 | $280 | 0.4 mi |
C 29419 Pebble Beach Drive Sold | $720,000 | 4 | 3 | 2,828 | $255 | 0.4 mi |
D 29215 Derby Sold | $670,000 | 4 | 4 | 3,168 | $211 | 0.1 mi |
E 29648 Pebble Beach Drive Sold | $885,000 | 5 | 3 | 3,069 | $288 | 0.5 mi |
F 29138 Derby Drive Sold | $683,500 | 4 | 3 | 3,168 | $216 | 0.0 mi |
G 29349 Shady Pending | $669,000 List Price | 4 | 3 | 2,570 | $260 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2002 (24 years old), the property falls into the >20y category. While it features recent cosmetic updates like fresh paint and new carpet, the kitchen cabinets are original/dated, and major systems (HVAC/Electric) are likely original and approaching the end of their typical service life.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
- Turnkey Interior Updates
The home features fresh interior paint and brand-new carpeting throughout, offering a move-in-ready experience for buyers seeking a clean, updated aesthetic without immediate renovation costs.
- Top-Rated School District
Situated in a prime Murrieta location, the property provides access to highly-regarded schools, including Alta Murrieta Elementary and Chaparral High, both boasting exceptional 9/10 ratings.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property listing indicates no specific views, which may be a competitive disadvantage in a region where many homes offer hillside or city light vistas.
- Extended Market Time
With 65 days on the market, the property may face 'stale listing' perception, potentially requiring a more aggressive pricing strategy to attract remaining active buyers.
About 29068 Derby
Here’s a wonderful 4-bedroom home located in a desirable neighborhood of Murrieta. The floor plan is well thought-out, offering a spacious and open feel. All bedrooms are located upstairs for a family style setting. The primary bedroom features a 2-sided fireplace and separate sitting area. The interior was just painted and the carpet is brand new. The sizeable lot is perfect for your kids and any pets, with a backyard patio deck and patio cover.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 8,276 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
Monte Vista Elementary School
Grades K-5 • 0.6 mi
6/10
Alta Murrieta Elementary School
Grades K-5 • 1.0 mi
9/10
Rail Ranch Elementary School
Grades K-5 • 1.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,459 | 2,472.725 |
| Lot Size | 8,276 | 7,269.312 |
| Price | $699.0K | $714.1K |
| Price per sq ft | $284 | $305 |
| Built year | 2002 | 2001 |
| HOA | $0 | $149 |
| Days on market | 85 | 55 |
Pricing History
Listed for Sale
Jun 16, 2026
$699,000
Initial Listing
Sold
Aug 3, 2007
$380,000
Public Record
Sold
Dec 21, 2005
$527,500
Public Record