
Murrieta, California 92563
This Turnkey Condominium represents a Strong Value Opportunity, listed at $429,222—positioned well below the $454,714 Fair Market Value by 5%. This valuation gap provides $25,492 in Instant Equity. Featuring a Condition Rating of 3, the home offers modern upgrades, a versatile bonus room, and Golf Course Views. Located in the Murrieta School District near top-rated schools like Alamos Elementary, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29424 Via La Plaza Subject | $429,222* List Price | 2 | 3 | 1,442 | $315 | - |
A 28491 Via Princesa B Sold | $380,000 | 2 | 2 | 1,188 | $320 | 0.9 mi |
B 28500 Via Princesa D Sold | $379,000 | 2 | 2 | 993 | $382 | 0.9 mi |
C 39216 Flamingo Sold | $460,000 | 3 | 3 | 1,387 | $332 | 0.9 mi |
D 39678 Columbia Union Sold | $520,000 | 3 | 2 | 1,532 | $339 | 0.9 mi |
E 39246 Mango Bay Lane B Sold | $430,000 | 3 | 3 | 1,387 | $310 | 1.0 mi |
F 29266 Via Frontera Rd Active | $429,500 List Price | 2 | 2 | 1,253 | $343 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1973, the interior has been significantly upgraded with modern finishes. The kitchen features updated stone countertops and white cabinetry, and the living areas have newer laminate flooring and fresh carpet. The property is well-maintained and move-in ready, consistent with a 5-15 year renovation profile.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
The property features a private backyard with direct views of the golf course and greenbelt, providing a premium outdoor experience and tranquil setting rarely found in this price range.
At 1,442 square feet, the floor plan includes a versatile bonus room that can easily serve as a home office, media room, or be converted into a third bedroom to increase equity.
The property only offers a one-car attached garage, which may be a significant drawback for multi-vehicle households or those requiring additional covered storage.
Built in 1973, the aging infrastructure of the complex may lead to higher long-term maintenance needs or potential future HOA assessments compared to newer developments in Murrieta.
Welcome to this beautifully upgraded two-story condo in the highly desirable Ridgegate community of Murrieta. Offering 2 spacious bedrooms, 2.5 bathrooms, and 1,442 square feet of living space, this home also features a versatile bonus room that can be used as a home office, playroom, media room, or potentially converted into a third bedroom. Boasting tons of upgrades throughout, this move-in ready home offers an open and inviting floor plan filled with natural light, spacious living areas, and stylish finishes. Step outside to your private backyard and enjoy beautiful golf course and greenbelt views—the perfect place to relax, entertain, or enjoy your morning coffee. An attached one-car garage adds convenience and functionality. The Ridgegate community features a pool, spa, beautifully maintained grounds, and a prime central Murrieta location just minutes from shopping, dining, parks, top-rated schools, and easy access to both the I-15 and I-215 freeways. Whether you're a first-time homebuyer, starting a family, or looking for an excellent investment property, this home offers outstanding value, incredible views, and an unbeatable location. Homes with this combination of upgrades, flexible living space, and golf course views rarely become available. Priced to sell—don't miss this exceptional opportunity!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,442 | 1,436 |
| Lot Size | 871 | 1,850.5 |
| Price | $429.2K | $477.9K |
| Price per sq ft | $298 | $337 |
| Built year | 1973 | 2005 |
| HOA | $375.0 | $325 |
| Days on market | 6 | 69 |
Jul 16, 2026
$429,222
Initial Listing
Aug 5, 2009
$95,000
Public Record
Sep 13, 2005
$300,000
Public Record
Nov 1, 2002
$158,500
Public Record
Apr 8, 2002
$135,000
Public Record
Dec 15, 1998
$80,000
Public Record