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

35621 Epple Street, Murrieta, California 92563 home-pic-0
ACTIVE$998,000
35621 Epple Street, Murrieta, California 92563
4Beds
4Baths
2,870Sqft
198,198Lot
Year Built
1990
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$348
HOA
-
Days on market
-
Sold On
-
MLS number
GD25268632
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $998.0K(99th), sqft - 2870(65th), beds - 4(50th), baths - 4(86th).

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.

Price History

Date
Event
Price
12/01/25
Listing
$998,000
03/03/09
Sold
$400,000
Condition Rating
Fair

Built in 1990, this property has received significant electrical upgrades within the last 10 years, including a new sub-panel, which is a strong functional improvement. However, the kitchen and bathrooms, while functional, are aesthetically very dated with original-era cabinets, countertops, tile, and fixtures. The flooring throughout also appears dated and shows wear. The home is maintained and livable, but major cosmetic updates are required in key areas to meet modern standards, aligning with the 'Fair' condition criteria where major components are functional but 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.
Expansive Acreage & Development Potential: The property spans 4.55 acres with Multi-Family 2 (MF-2) residential zoning in a rapidly growing Murrieta market, presenting significant investment and multi-family development opportunities.
Self-Sufficient Utilities: Equipped with a private water well, septic tank, and propane gas tank, offering independence from municipal services and potential long-term cost savings.
Unique Natural Features & Views: Boasts a natural creek running through the property, mountain views, and the potential to develop a private oasis with palm trees and a pond, enhancing its aesthetic and recreational value.
Recent Electrical Upgrades & Interior Amenities: Significant electrical system upgrades within the last decade, including a new sub-panel for future expansion, alongside a spacious kitchen with a center island and a master suite featuring a spa tub and fireplace.
Prime Location & No HOA: Strategically located near essential amenities such as Costco, Target, and Starbucks, offering convenience, coupled with the absence of HOA fees, providing financial flexibility.

Cons

Non-Functional Pond: The 'Giant Pond' is currently empty, indicating a significant feature that requires substantial investment and effort to restore and maintain, which could be a considerable undertaking for a buyer.
Potential for Dated 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 functional lifespan, potentially leading to future repair or replacement costs.
Requires Significant Capital & Vision: The property's emphasis on 'investment opportunity' and 'development,' combined with the empty pond and multi-family zoning, suggests it is not a turn-key home and requires a buyer with substantial capital and a clear vision for development or extensive landscaping.

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