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

35621 Epple Street, Murrieta, California 92563 home-pic-0
ACTIVE$1,098,000
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:
Non-Functional Pond: The presence of a 'Giant Pond (currently empty)' indicates a significant feature that requires substantial investment and effort to restore and maintain.

Compared to the nearby listings

Price:$1.10M vs avg $700.0K (+$398,000)99%
Size:2,870 sqft vs avg 2,587.5 sqft65%
Price/sqft:$383 vs avg $28493%

More Insights

Built in 1990 (35 years old).
Condition: Built in 1990, the property's kitchen and bathrooms, while appearing clean and functional, exhibit distinctly dated styles from the 90s, including tile countertops, older cabinetry, and light fixtures. While electrical systems have been updated within the last 10 years and a back porch was recently built, the overall aesthetic and age of major components suggest the home is well-maintained but requires significant cosmetic updates to meet current market expectations. The property fits the 'Fair' category as it is aged but maintained, with functional major components that show signs of being outdated.
Year Built
1990
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
GD25154949
Home ConditionFair
Features
Good View: Hills
Patio
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

Built in 1990, the property's kitchen and bathrooms, while appearing clean and functional, exhibit distinctly dated styles from the 90s, including tile countertops, older cabinetry, and light fixtures. While electrical systems have been updated within the last 10 years and a back porch was recently built, the overall aesthetic and age of major components suggest the home is well-maintained but requires significant cosmetic updates to meet current market expectations. The property fits the 'Fair' category as it is aged but maintained, with functional major components that show signs of being outdated.
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 & Acreage Potential: Expansive 4.55-acre lot with Multi-Family 2 (MF-2) zoning in a rapidly developing city, offering significant investment and development opportunities.
Off-Grid Self-Sufficiency: Equipped with a private water well, septic tank, and propane gas, providing independence from municipal utilities and potential for reduced living costs.
Unique Natural Features & Views: Features a creek running through the property, potential for a pond, cool breezes, and great views, creating a distinctive private oasis setting.
Recent Electrical System Upgrades: Significant electrical upgrades within the last 10 years, including a new sub-panel for future expansion, ensure modern functionality and safety.
Prime Location & No HOA: Centrally located near major amenities and shopping, combined with the absence of HOA fees, enhances convenience and financial appeal.

Cons

Non-Functional Pond: The presence of a 'Giant Pond (currently empty)' indicates a significant feature that requires substantial investment and effort to restore and maintain.
Potential for System Updates: Built in 1990, while electrical is updated, other major systems (e.g., HVAC, plumbing, roof) may be original or nearing end-of-life, potentially requiring future capital expenditure.
High Maintenance Acreage: The extensive 4.55-acre lot, especially with natural elements like a creek and an empty pond, will demand considerable ongoing maintenance in terms of time and cost.

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