33558 Iris Lane, Murrieta, California 92563, Murrieta, 92563 - 5 bed, 3 bath
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Murrieta, California 92563
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $685,000—positioned well below the $697,000 Fair Market Value by 1.7%. This valuation gap offers $12,000 in Instant Equity. Featuring a Good Condition Rating, the home includes modern quartz kitchen finishes, laminate flooring, and a rare three-car garage. Located near Top-Rated Schools like Oak Meadows Elementary, this property balances financial stability with lifestyle comfort. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33558 Iris Lane Subject | $685,000* List Price | 5 | 3 | 2,585 | $270 | - |
A 33843 Petunia Street Sold | $635,000 | 3 | 3 | 2,375 | $267 | 0.4 mi |
B 34076 Albacete Sold | $737,000 | 4 | 4 | 2,604 | $283 | 0.6 mi |
C 33586 Thyme Lane Sold | $689,000 | 4 | 3 | 2,784 | $247 | 0.3 mi |
D 33711 Shamrock Sold | $685,000 | 5 | 3 | 2,579 | $266 | 0.2 mi |
E 28219 Agave Sold | $780,000 | 4 | 3 | 2,301 | $339 | 0.4 mi |
F 33589 Eugenia Ln Sold | $644,000 | 4 | 2 | 2,201 | $293 | 0.2 mi |
G 29162 Hydrangea Street Pending | $649,999 List Price | 4 | 3 | 2,648 | $245 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the property has been well-maintained with significant updates that elevate it from 'Fair' to 'Good.' Key improvements include a kitchen with newer quartz countertops and stainless steel appliances, along with updated laminate wood flooring and fresh paint. The home is move-in ready and functional, meeting the criteria for a property with a 5-15 year renovation profile.
The home features a highly desirable layout with five bedrooms, including a convenient downstairs bedroom and full bathroom, ideal for guests or multi-generational living.
The property includes a rare three-car garage configuration (a 2-car plus an additional 1-car attached garage), providing significant space for vehicles, a workshop, or extra storage.
The interior is move-in ready with contemporary finishes, including quartz countertops, stainless steel appliances, and durable laminate wood flooring throughout the main living areas.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
With 55 days on the market and two consecutive price reductions, the property may be facing challenges with its initial valuation or perceived competition in the local area.
The 6,098 sqft lot is relatively standard for a 2,585 sqft home, which may limit the sense of privacy and the scale of potential outdoor additions like a large pool or extensive landscaping.
5 bedrooms and 3 baths two story home located in the Mapleton Community in Murrieta. This 2585 square foot home was built in 2002 and sits on a 6098 sqft lot with an amazing easy to maintain yard with an attached 2 car garage with direct access inside the home plus an extra attached single car garage for 3 total garage spaces. This home has been well taken care of throughout, with upgrades that include laminate wood floors and a light color paint scheme to bring lots of natural light, and ceiling fans throughout most of the home. When you enter the home, you are met with a hallway that leads to the spacious living room, featuring a fireplace and an open concept that connects with the kitchen. The kitchen features stainless steel appliances that include a free standing range, dishwasher and built in microwave. The kitchen is highlighted with quartz counters with kitchen island, a stainless steel double sink, recessed lighting and a ton of cabinet and counter space. Next to the kitchen, you will find the laundry room with washer and dryer included and more cabinet storage. Just off the kitchen, you will find the formaldining room with a chandelier overhead. Downstairs, you will find one of the bedrooms as well as a full bath. Once upstairs, the first bedroom is the primary suite. The primary suite features a double door entry leading in the room. The room itself is quite large. The walk in closet features sliding doors and once inside there are shelves and plenty of room for storage. The primary bath has double sinks, soaking tub, and separate shower. The rest of the bedrooms are located down the hallway and are all provided with sliding door closets, ceiling fans and lots of natural light with a third full bathroom centrally located between the remaining three bedrooms. The backyard of the home is very large with plenty of room to customize, add a pool, and more. It currently has very easy to maintain landscaping while still offering a large concrete patio perfect for entertaining. This home is conveniently located close to grocery stores, restaurants and easy access to the 215 freeway.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 3.0 mi
Grades 7-8 • 10.0 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 | 2,585 | 2,563 | 53% |
| Lot Size | 6,098 | 7,405 | 30% |
| Price | $685.0K | $712.2K | 39% |
| Price per sq ft | $265 | $288 | 36% |
| Built year | 2002 | 2003 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 141 | 7% |
May 20, 2026
$685,000
$689,500
-1% Price Drop
Initial Listing
May 2, 2026
$689,500
$697,000
-1% Price Drop
Initial Listing
Apr 10, 2026
$697,000
Initial Listing
Feb 2, 2015
$325,000
Public Record
Sep 24, 2008
$240,000
Public Record
Sep 20, 2002
$254,500
Public Record