34345 Falls Ave, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 3 bath
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34345 Falls Ave
Murrieta, California 92563
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,683Sq Ft
6,970Lot Size
Property Price
LIST PRICE$750,000
EST. MARKET VALUE
$765,000
SUMMARY
This Stunning Move-In Ready Home is listed at $750,000, offering exceptional value slightly below its $765,000 Fair Market Value. Featuring a resort-style backyard with a pool and spa, this property boasts a Mint Condition Rating (2020 build) requiring zero immediate work. Situated in the highly desirable Alderwood Community, the home offers a modern open-concept layout and luxury vinyl flooring. This listing combines financial stability with lifestyle luxury, making it the perfect fit for growing families or discerning owner-occupants seeking a polished, stress-free transition in Murrieta.
Estimated Market Value
$765,000
Based on Realkey algorithm analyzing recent comparable sales in Murrieta.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34345 Falls Ave Subject | $750,000* List Price | 4 | 3 | 2,683 | $285 | - |
A 28655 Clearview Sold | $720,000 | 4 | 3 | 2,401 | $300 | 0.2 mi |
B 29162 Hydrangea Street Sold | $650,000 | 4 | 3 | 2,648 | $245 | 0.5 mi |
C 28564 Hellebore Sold | $694,000 | 5 | 3 | 2,422 | $287 | 0.3 mi |
D 28512 Ironwood Ct Sold | $715,000 | 4 | 3 | 2,601 | $275 | 0.3 mi |
E 34076 Albacete Sold | $737,000 | 4 | 4 | 2,604 | $283 | 0.4 mi |
F 33963 Petunia Street Sold | $615,000 | 4 | 3 | 2,742 | $224 | 0.4 mi |
G 28833 Barn Swallow Way Sold | $699,000 | 5 | 3 | 2,718 | $257 | 0.6 mi |
H 33916 Verbena Sold | $750,000 | 4 | 3 | 3,258 | $230 | 0.6 mi |
I 28826 Sandy Pending | $675,000 List Price | 4 | 3 | 2,575 | $262 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. It features modern systems, a contemporary kitchen with a granite island, luxury vinyl flooring, and a high-end resort-style backyard with a pool and solar panels, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Backyard
The property features a premium outdoor retreat including a sparkling pool, spa, built-in BBQ, and covered patio, ideal for Southern California entertaining.
- Modern Construction & Finishes
Built in 2020, the home offers contemporary appeal with luxury vinyl flooring, an open-concept layout, and a gourmet kitchen featuring an oversized granite island.
- Desirable Community Location
Situated in the sought-after Alderwood Community of Murrieta, the home benefits from a prime location known for its neighborhood appeal and quality school district.
CONSRISKS & DEFICIENCIES
- Leased Solar System
The solar panels are leased rather than owned, which requires the buyer to assume a monthly financial obligation and may complicate the financing process for some.
- Market Momentum
A recent price reduction and 33 days on the market suggest the property is currently navigating price discovery to align with buyer expectations.
About 34345 Falls Ave
PRICE IMPROVEMENT — A GREAT OPPORTUNITY FOR BUYERS! Welcome to the highly desirable Alderwood Community of Murrieta! This beautifully maintained home features an inviting open floor plan with a spacious kitchen, oversized granite island, abundant cabinetry, and seamless flow into the living and dining areas. Step outside and discover your own resort-style retreat with a sparkling pool, spa, covered patio, built-in BBQ, outdoor refrigerator, and beautiful views—perfect for entertaining and enjoying the Southern California lifestyle. With luxury vinyl flooring, leased solar, and a great Murrieta location, this home has even more to offer. The photos don’t tell the whole story—schedule your private showing and come experience it for yourself!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,683 | 2,472.725 |
| Lot Size | 6,970 | 7,269.312 |
| Price | $750.0K | $714.1K |
| Price per sq ft | $280 | $305 |
| Built year | 2020 | 2001 |
| HOA | $0 | $149 |
| Days on market | 37 | 55 |
Pricing History
Listed for Sale
Sep 1, 2026
$750,000
$765,000
-2% Price Drop
Initial Listing
Price Change
Aug 3, 2026
$765,000
Initial Listing
Sold
Feb 4, 2021
$483,000
Public Record
Sold
Dec 19, 2018
$1,161,000
Public Record
Sold
Mar 12, 2018
$26,305,000
Public Record