35621 Epple Street, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 4 bath

35621 Epple Street, Murrieta, California 92563 home-pic-0
ACTIVE$1,119,000
35621 Epple Street, Murrieta, California 92563
4Beds
4Baths
2,870Sqft
198,198Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 198198, living area = 2870.
Top Cons:
Significant Outdoor Maintenance & Investment: The 4.55-acre lot, including a 'Giant Pond (currently empty)' and a creek, will require substantial ongoing landscaping, maintenance, and potential investment to fully realize its 'private oasis' potential.

Compared to the nearby listings

Price:$1.12M vs avg $700.0K (+$419,000)99%
Size:2,870 sqft vs avg 2,587.5 sqft65%
Price/sqft:$390 vs avg $28494%

More Insights

Built in 1990 (35 years old).
Condition: The property was built in 1990, making it 34 years old. While the listing mentions recent electrical upgrades within the last 10 years, the images reveal that the kitchen and bathrooms largely retain their original 1990s aesthetic. The kitchen features dated oak cabinets, tile countertops, and older white appliances. Similarly, the bathrooms have dated vanities and tile work. The flooring throughout also appears consistent with the home's age. The property is functional and appears well-maintained, but the outdated styles and features in key areas like the kitchen and bathrooms indicate a need for significant cosmetic updates to align with current market trends and buyer preferences.
Year Built
1990
Close
-
List price
$1.12M
Original List price
$1.14M
Price/Sqft
$390
HOA
-
Days on market
-
Sold On
-
MLS number
GD25031518
Home ConditionFair
Features
Good View: Hills
Deck
ViewHills

About this home

Buyers this is a Unique and great Investment opportunity. Let's talk about the uniqueness of the property first, with 4.55 Acres you can create a private oasis complete with a pond, palm trees, cool breezes & great views. Have you been thinking of living of Off-Grid/Homestead style? The property has its own WATER WELL, septic tank and propane gas tank. A creek runs through the property as well. Additional features of the home include separate living room and family room each with a fireplace, spacious kitchen w/center island. Master bedroom features fireplace & master bath with spa tub. Within the last 10 years the sellers have installed new electrical upgrades in the kitchen, hallways, bathrooms, and bedrooms. In the garage you will find the new electrical sub-panel which allows for future expansion. The recently built back porch has lighting on posts. The palm trees in the front, side and along the driveway have special lighting on them. Giant Pond (currently empty). The front electric gate has new wiring from the house panel to the front entrance. Newly built lighting around the perimeter. Huge Attic above the garage – can be used for lots of storage. Let's go over the investment side, the city of Murrieta is rapidly growing! There is a lot of development happening around the lot. This is a great opportunity to buy and develop. Currently the zoning for the lot is MULTI-FAMILY 2, RESIDENTIAL (MF-2), buyer is advice to check with the city of Murrieta. The lot is centrally located to many amenities, Costco, Target, Starbucks, Blaze pizza and other shopping venues are a short distance drive. NO HOA fees.

Condition Rating
Fair

The property was built in 1990, making it 34 years old. While the listing mentions recent electrical upgrades within the last 10 years, the images reveal that the kitchen and bathrooms largely retain their original 1990s aesthetic. The kitchen features dated oak cabinets, tile countertops, and older white appliances. Similarly, the bathrooms have dated vanities and tile work. The flooring throughout also appears consistent with the home's age. The property is functional and appears well-maintained, but the outdated styles and features in key areas like the kitchen and bathrooms indicate a need for significant cosmetic updates to align with current market trends and buyer preferences.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 198198, living area = 2870.
Development & Investment Potential: The expansive 4.55-acre lot, zoned Multi-Family 2 (MF-2), is situated in a rapidly growing Murrieta area, offering significant future development and appreciation opportunities.
Self-Sufficient Infrastructure: Equipped with a private water well, septic tank, and propane gas tank, the property provides independence from municipal utilities and potential long-term cost savings.
Expansive & Private Estate: The large acreage allows for a private oasis, featuring a natural creek, hill views, and ample space for customization, outdoor living, and creating a secluded environment.
Strategic Location & Amenities: Centrally located with convenient access to major shopping centers and amenities like Costco, Target, and Starbucks, balancing rural privacy with urban convenience.
Modernized Systems & No HOA: Recent electrical upgrades throughout the home and a new sub-panel enhance functionality and safety, while the absence of HOA fees provides freedom and cost efficiency.

Cons

Significant Outdoor Maintenance & Investment: The 4.55-acre lot, including a 'Giant Pond (currently empty)' and a creek, will require substantial ongoing landscaping, maintenance, and potential investment to fully realize its 'private oasis' potential.
Aging Core Systems: Built in 1990, while electrical upgrades are noted, other major systems (e.g., HVAC, plumbing, roof) may be original or nearing the end of their lifespan, potentially necessitating future costly replacements or repairs.
Zoning Due Diligence Required: Although zoned MF-2, the explicit advice for buyers to 'check with the city of Murrieta' suggests potential complexities or specific requirements that could add time and cost to any development plans.

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