29215 Derby, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 4 bath
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Murrieta, California 92563
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $649,900—positioned well below the $656,500 Fair Market Value by 1%. This valuation gap offers $6,600 in Instant Equity. Featuring a 4-bedroom layout, massive loft, and gated RV parking, the home maintains a Fair Condition Rating with recent updates. Located near top-rated schools like Alta Murrieta Elementary, it offers a functional, no-HOA lifestyle. This property is an ideal acquisition for Owner-Occupants or multi-generational families seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29215 Derby Subject | $649,900* List Price | 4 | 4 | 3,168 | $219 | - |
A 29371 Pebble Beach Sold | $810,000 | 4 | 3 | 3,069 | $264 | 0.2 mi |
B 29138 Derby Drive Sold | $683,500 | 4 | 3 | 3,168 | $216 | 0.1 mi |
C 29426 Shady Lane Sold | $635,000 | 5 | 3 | 2,999 | $212 | 0.3 mi |
D 38429 Clearbrook Drive Sold | $780,000 | 4 | 3 | 3,113 | $251 | 0.6 mi |
E 38669 Clearbrook Sold | $815,000 | 4 | 3 | 3,113 | $262 | 0.7 mi |
F 29576 Andromeda Street Sold | $765,000 | 4 | 4 | 3,446 | $222 | 0.6 mi |
G 29188 Woodbridge Sold | $777,000 | 5 | 3 | 3,113 | $250 | 0.7 mi |
H 29419 Pebble Beach Drive Sold | $720,000 | 4 | 3 | 2,828 | $255 | 0.3 mi |
I 29260 Wrangler Drive Active | $797,000 List Price | 5 | 3 | 3,470 | $230 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the home is exceptionally well-maintained with recent updates like new carpet and stainless appliances. However, per the criteria, it falls into the 'Fair' category due to its age (>20 years) and dated early-2000s aesthetic in the kitchen and bathrooms which will eventually require modernization.
Elementary School: Alta Murrieta Elementary School (9/10). High School: Chaparral High School (9/10).
The 3,168 sqft floor plan is exceptionally functional, featuring a rare downstairs bedroom with a full bath, a dedicated den/office, and a massive upstairs loft, making it ideal for large or multi-generational families.
This property offers a rare financial trifecta of no HOA fees, lower tax rates, and energy-efficient upgrades including solar panels and a whole-house fan, ensuring lower monthly carrying costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
For a home exceeding 3,100 square feet with four bedrooms and a loft, the 2-car garage may be insufficient for families with multiple drivers or significant storage requirements.
While the RV parking is a major asset, its footprint on the 7,405 sqft lot significantly reduces the remaining usable backyard area for traditional landscaping or play space.
Back on market at no fault of the sellers...Don’t miss this beautiful Murrieta home featuring 4 bedrooms, a massive loft, seperate Den/office, 3.5 bathrooms, SOLAR, WHOLE HOUSE FAN, LOWER TAXES, NO HOA, and desirable GATED RV parking—all offering space, functionality, and comfort in a prime location. This well-maintained home showcases a versatile floor plan perfect for multi-generational living, entertaining, and everyday convenience. As you enter, you’re greeted by a formal dining room highlighted with rich wood flooring, new carpet throughout and elegant plantation shutters creating the perfect setting for gatherings and special occasions. The adjacent living room features a stunning double-sided fireplace that seamlessly connects to the family room, providing warmth and ambiance to both spaces while enhancing the open feel of the home. The kitchen is truly the heart of the home and is massive in scale, offering granite countertops, a beautiful custom backsplash, stainless steel appliances, gas cooktop, double ovens, and an abundance of cabinetry for storage. Tile flooring flows throughout the kitchen and family eating area, and a spacious pantry adds even more convenience. The layout is ideal for entertaining, with plenty of counter space and room to gather. Downstairs includes a bedroom and a full bathroom, making it perfect for guests or extended family. There is also a convenient half bath for visitors, a dedicated den or office area at the bottom of the stairs and a separate laundry room with direct access to the 2-car garage. Upstairs, the primary suite is generously sized and offers crown moulding, plantation shutters, a large walk-in closet, and a well-appointed bathroom with dual sinks, a separate shower, and a soaking tub. The oversized loft provides endless possibilities for a game room, media room, or additional living space. Two additional bedrooms are spacious and share a hallway bathroom with a shower/tub combination. Step outside to a backyard designed for relaxation and entertaining, featuring an Alumawood patio cover, a long RV parking area, and a jacuzzi therapy spa—perfect for unwinding after a long day. Ideally located near shopping, dining, businesses, award-winning schools, and offering easy access to the 15 and 215 freeways as well as Highway 79 (Winchester Road), this home combines comfort, space, and convenience. A rare opportunity with NO HOA, RV parking, and a flexible floor plan—this is one you won’t want to miss!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 83% |
| Square foot | 3,168 | 2,570 | 79% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $649.9K | $715.0K | 19% |
| Price per sq ft | $205 | $286 | 3% |
| Built year | 2002 | 2003 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 144 | 4% |
May 14, 2026
$649,900
Initial Listing
Jun 10, 2020
$479,000
Public Record
Nov 20, 2008
$258,000
Public Record
Sep 27, 2002
$315,000
Public Record