29426 Shady Lane, Murrieta, California 92563, Murrieta, 92563 - 5 bed, 3 bath
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Murrieta, California 92563
This High-Potential Fixer-Upper represents a significant Value-Add Asset listed at $650,000. Boasting a Condition Rating of 5, the residence requires substantial rehabilitation but offers an expansive 2,999 sq. ft. layout featuring 5 bedrooms, a main-floor guest suite, and a 3-car garage. The property sits on a pool-size lot within the prestigious Murrieta Valley Unified School District, providing access to the 2025 Distinguished Monte Vista Elementary and top-rated Chaparral High School. This is a prime acquisition for Fix-and-Flip Investors or Contractors looking to unlock forced appreciation in a stable market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29426 Shady Lane Subject | $650,000* List Price | 5 | 3 | 2,999 | $158 | - |
A 37678 Newcastle Road Sold | $717,500 | 3 | 3 | 2,773 | $259 | 0.5 mi |
B 29213 Broken Arrow Sold | $712,000 | 5 | 3 | 3,146 | $226 | 0.3 mi |
C 29746 Maxmillian Avenue Sold | $620,000 | 3 | 3 | 2,822 | $220 | 0.9 mi |
D 37779 Quintana Active | $650,000 List Price | 5 | 3 | 2,999 | $217 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Marketed as an 'investor special' and 'fixer opportunity,' this 2002-built home requires extensive renovations and substantial capital for repairs. The listing explicitly states the property needs significant TLC and describes the backyard as a blank canvas, indicating a lack of maintenance and the need for major rehabilitation to meet modern living standards.
Located in a highly desirable Murrieta neighborhood, the property is within walking distance to Monte Vista Elementary—a 2025 Distinguished School—and close to parks, shopping, and wine country.
With nearly 3,000 sqft of living space, including a main-floor bedroom and full bath plus a large upstairs bonus room, the layout is ideal for multi-generational living or a growing family.
Priced well below market value with the added benefit of no HOA fees and low taxes, this property offers significant equity potential for investors or owner-occupants willing to renovate.
Marketed as a 'fixer opportunity' and 'investor special,' the home requires a substantial investment in time and capital to address necessary repairs and cosmetic updates.
The backyard is currently a blank canvas, meaning the buyer will need to budget for complete landscaping and hardscaping to create a functional outdoor living area.
Investor special in the heart of Murrieta! Welcome to 29426 Shady Lane - an incredible fixer opportunity priced well below market value, perfect for investors or buyers looking to create their dream home with a little TLC. This spacious 5-bedroom, 3-bath residence offers a highly functional layout, including a bedroom and full bathroom on the main level - ideal for multi-generational living or guests. Upstairs, you’ll find 4 bedrooms along with a large bonus room, offering endless possibilities for a game room, office, or additional living space. Situated on a pool-size lot, the backyard provides a blank canvas to design your ideal outdoor retreat. The home also features a 3-car garage, adding both convenience and ample storage. Located in a desirable Murrieta neighborhood, you’ll enjoy close proximity to award-winning schools, including Monte Vista Elementary - recognized as a 2025 Distinguished School - as well as three nearby parks. Just minutes from a variety of shopping, dining, and world-class golf at The Golf Club at Rancho California, with easy access to Temecula Wine Country, Pechanga Resort & Casino, and French Valley Airport. No HOA and low taxes make this an even more attractive opportunity. Bring your vision and unlock the potential of this Murrieta gem!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.3 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 72% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,999 | 2,531 | 75% |
| Lot Size | 7,405 | 6,970 | 51% |
| Price | $650.0K | $700.0K | 28% |
| Price per sq ft | $217 | $289 | 8% |
| Built year | 2002 | 2003 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 180 | 0% |
Apr 16, 2026
$650,000
Initial Listing
Jul 10, 2013
$360,000
Public Record
Sep 27, 2002
$266,500
Public Record