31710 Waterfall Way, Murrieta, California 92563, Murrieta, 92563 - 5 bed, 5 bath

31710 Waterfall Way, Murrieta, California 92563 home-pic-0
ACTIVE$799,000
31710 Waterfall Way, Murrieta, California 92563
5Beds
5Baths
3,628Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($637,368.95) is $161,631.05 (20%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
Top Cons:
Pricing Discrepancy: The current list price of $799,000 is notably higher than the estimated property value and several recently sold comparable properties, potentially indicating an overvaluation in the current market.

Compared to the nearby listings

Price:$799.0K vs avg $700.0K (+$99,000)81%
Size:3,628 sqft vs avg 2,587.5 sqft92%
Price/sqft:$220 vs avg $28412%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is well-maintained and move-in ready. The kitchen features functional granite countertops, traditional wood cabinetry, and a mix of white and stainless steel appliances, reflecting its original build era. Bathrooms also show original 2005 styling with wood vanities and standard fixtures. While clean and functional, these areas, along with the flooring (tile, laminate, carpet), are not extensively updated and show signs of being dated rather than recently renovated. Major systems appear functional and within expected lifespan, aligning with the 'Good' condition criteria.
Year Built
2005
Close
-
List price
$799K
Original List price
$850K
Price/Sqft
$220
HOA
-
Days on market
-
Sold On
-
MLS number
SW25099624
Home ConditionGood
Features
Good View: Park/Greenbelt
Deck
Patio
ViewPark/Greenbelt

About this home

Welcome to your private paradise in the heart of Murrieta! This stunning home offers the perfect blend of comfort, space, and natural beauty. Nestled in a safe community with top-notch schools! Step inside and discover a spacious layout with 3600+ square feet offering plenty of room for the whole family! The luxurious master suite is a true retreat, featuring its own private balcony—perfect for morning coffee or evening sunsets—and a separate sitting area that can serve as a home office, gym, or quiet escape. All bedrooms offer their own walk-in closets! Out back, you're greeted by a lush, tropical-inspired garden filled with exotic plants and fruit trees— with upgraded concrete paving — a peaceful oasis where you can relax, entertain, or even cultivate your own mini orchard. Additional highlights include: • Open-concept kitchen and living area • Family Room Fireplace • Crown molding • Upstairs Loft • 3-car garage with ample storage • RV Parking • Well-maintained landscaping front and back • Prime location in a quiet neighborhood near schools, parks, and shopping.

Nearby schools

8/10
French Valley Elementary School
Public,K-51.0mi
9/10
Alamos Elementary School
Public,K-51.1mi
6/10
Monte Vista Elementary School
Public,K-52.3mi
8/10
Nicolas Valley Elementary School
Public,K-52.4mi
8/10
Lisa J. Mails Elementary School
Public,K-52.5mi
7/10
Daniel N. Buchanan Elementary School
Public,K-53.5mi
6/10
Rancho Elementary School
Public,K-53.6mi
9/10
Alta Murrieta Elementary School
Public,K-53.7mi
8/10
Ysabel Barnett Elementary School
Public,K-53.8mi
8/10
Rail Ranch Elementary School
Public,K-53.9mi
8/10
Bella Vista Middle School
Public,6-81.1mi
8/10
Dorothy McElhinney Middle School
Public,6-82.8mi
6/10
Warm Springs Middle School
Public,6-83.1mi
7/10
James L. Day Middle School
Public,6-84.2mi
7/10
Margarita Middle School
Public,6-84.4mi
7/10
Shivela Middle School
Public,6-85.3mi
9/10
Chaparral High School
Public,9-123.5mi
8/10
Vista Murrieta High School
Public,9-124.1mi
8/10
Temecula Valley High School
Public,9-125.2mi
Condition Rating
Good

Built in 2005, this property is well-maintained and move-in ready. The kitchen features functional granite countertops, traditional wood cabinetry, and a mix of white and stainless steel appliances, reflecting its original build era. Bathrooms also show original 2005 styling with wood vanities and standard fixtures. While clean and functional, these areas, along with the flooring (tile, laminate, carpet), are not extensively updated and show signs of being dated rather than recently renovated. Major systems appear functional and within expected lifespan, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
Spacious & Functional Layout: The property boasts a generous 3628 sqft with 5 beds and 5 baths, including a luxurious master suite with a private balcony and a versatile sitting area, plus walk-in closets in all bedrooms, catering well to family living and privacy.
Exceptional Outdoor Living: A lush, tropical-inspired garden with exotic plants, fruit trees, and upgraded concrete paving creates a peaceful and attractive outdoor oasis for relaxation and entertaining.
Practical Vehicle Accommodations: The inclusion of RV parking and a 3-car garage with ample storage provides significant practical value and flexibility for homeowners with multiple vehicles or storage needs.
Prime Location & Community: Situated in a quiet, safe neighborhood, the home benefits from a prime location near top-rated schools, parks, and shopping, enhancing its appeal to families.
Desirable Interior Features: The open-concept kitchen and living area, family room fireplace, crown molding, and an upstairs loft contribute to a modern and comfortable living environment.

Cons

Pricing Discrepancy: The current list price of $799,000 is notably higher than the estimated property value and several recently sold comparable properties, potentially indicating an overvaluation in the current market.
Lack of Premium Amenities: Unlike some competitive properties in the area, this home does not feature a pool, spa, or paid solar panels, which could be a disadvantage for buyers seeking these popular upgrades.
Potential for Interior Updates: While well-maintained, the description does not highlight recent major interior renovations, suggesting that some cosmetic or functional updates may be desired by modern buyers to align with current trends and competitive offerings.

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