
Murrieta, California 92563
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $698,000—positioned slightly above the $695,917 Fair Market Value. While priced at market, the property offers significant upside through a $20,000 renovation bonus. With a Condition Rating of 4, the home serves as a prime canvas for modernization. Located in a top-tier district near Alamos Elementary (9/10) and Chaparral High (9/10), it provides exceptional utility for Owner-Occupants or Value-Add Investors seeking to maximize the 3,224 sqft floor plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31544 Borega Rd Subject | $698,000* List Price | 4 | 3 | 3,258 | $214 | - |
A 38150 Spring Canyon Sold | $785,000 | 5 | 3 | 3,404 | $231 | 0.2 mi |
B 38236 Hermosa Court Sold | $700,000 | 5 | 3 | 3,113 | $225 | 0.3 mi |
C 37846 Apache Plume Sold | $799,000 | 4 | 3 | 3,187 | $251 | 0.4 mi |
D 38342 Encanto Road Sold | $699,000 | 4 | 3 | 2,916 | $240 | 0.1 mi |
E 37761 Apache Plume Drive Sold | $755,000 | 4 | 3 | 3,187 | $237 | 0.4 mi |
F 31464 Orchard Sold | $734,900 | 5 | 3 | 2,761 | $266 | 0.6 mi |
G 38223 Camarada Sold | $768,000 | 5 | 4 | 3,771 | $204 | 0.4 mi |
H 31675 Brisa Court Sold | $676,000 | 5 | 3 | 2,579 | $262 | 0.2 mi |
I 38134 Padaro Street Active Under Contract | $794,995 List Price | 6 | 4 | 3,771 | $211 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this 20-year-old home retains its original builder-grade finishes, including honey-oak cabinetry and dated tile work in the kitchen and bathrooms. The listing's mention of a $20,000 renovation bonus and its description as a 'canvas' for personal touches confirms it is a dated property requiring cosmetic updates to meet modern standards.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
As the largest floor plan in the community at 3,224 sqft, this home offers exceptional versatility with a massive upstairs loft and potential for a fifth bedroom or multi-generational suite.
The property is ideally situated within walking distance to highly-rated schools, including Alamos Elementary (9/10) and Bella Vista Middle School (8/10), making it a prime choice for families.
The emphasis on a 'renovation bonus' and 'personal touches' indicates the home likely requires significant cosmetic updates to meet current market standards for a property of this size.
With a 3,224 sqft home on a 6,534 sqft lot, the outdoor space may feel constrained if a buyer attempts to install the suggested pool, spa, and outdoor kitchen simultaneously.
Exceptional opportunity in the highly desirable Rancho Bella Vista community! $20,000 RENOVATION BONUS!! Largest 3,224 sqft of living space, this spacious home features 4 beds (With an optional fifth), 3 bathrooms, and a large 3-car garage, providing plenty of room for growing families, multi-gen living, or separating an in-law suite. The thoughtfully designed floor plan includes an expansive upstairs loft that can easily serve as a game room, media room, home office, bedroom, fitness space, or additional family gathering area. The possibilities are endless. The kitchen is equipped with stone countertops, a stainless-steel range, and microwave, providing a solid foundation for creating the culinary space you've always envisioned. Outside, the generous backyard offers ample room for a future pool and spa, outdoor kitchen, garden retreat, greenhouse, or a custom entertainment area designed to fit your lifestyle. Whether you're looking to create your dream backyard oasis or simply enjoy the extra outdoor space, the potential is undeniable. This home presents an outstanding opportunity for buyers who recognize the value of adding their own personal touches and updates. With great bones, a desirable layout, and abundant square footage, it's the perfect canvas to transform into something truly special. Conveniently located near shopping, dining, parks, and commuter routes, and situated within one of Murrieta's most sought-after school districts, this property combines location, size, and opportunity in one compelling package! This is what you've been looking for!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.7 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,258 | 2,472.725 |
| Lot Size | 6,534 | 7,269.312 |
| Price | $698.0K | $714.1K |
| Price per sq ft | $214 | $305 |
| Built year | 2004 | 2001 |
| HOA | $45.0 | $149 |
| Days on market | 20 | 55 |
Aug 20, 2026
$698,000
Initial Listing
Apr 11, 2013
$293,500
Public Record
Jul 15, 2008
$319,000
Public Record
Oct 20, 2005
$520,000
Public Record
Aug 27, 2004
$406,000
Public Record