36147 Vence Drive, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath
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Murrieta, California 92562
This Single-Family Residence presents a High-Potential Investment Opportunity with a List Price of $539,000—positioned well above the $517,509 Fair Market Value by -4%. While the property requires cosmetic updates given its Fair Condition Rating, it offers significant upside through its large lot and flexible floorplan. The home features a private backyard with Hill Views and no rear neighbors. Located in a No HOA community with access to Top-Rated Schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36147 Vence Drive Subject | $539,000* List Price | 2 | 2 | 1,290 | $401 | - |
A 36330 Saint Raphael Dr Sold | $440,000 | 3 | 2 | 1,290 | $341 | 0.2 mi |
B 39820 Osprey Road Sold | $588,000 | 3 | 2 | 1,275 | $461 | 0.8 mi |
C 24385 Via Las Junitas Sold | $537,300 | 3 | 2 | 1,353 | $397 | 0.6 mi |
D 39685 Almansa Sold | $575,000 | 3 | 2 | 1,304 | $441 | 0.6 mi |
E 36142 Castellane Sold | $660,000 | 3 | 3 | 1,678 | $393 | 0.1 mi |
F 23868 Via Barletta Sold | $480,000 | 3 | 2 | 1,243 | $386 | 0.9 mi |
G 39906 Tanager Sold | $582,000 | 3 | 2 | 1,420 | $410 | 0.8 mi |
H 39710 Almansa Court Sold | $680,000 | 4 | 3 | 1,744 | $390 | 0.6 mi |
I 39701 Kilkare Circle Active | $629,000 List Price | 3 | 3 | 1,541 | $408 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (38 years old), the home is well-maintained but remains largely in original condition. The kitchen and bathrooms feature dated honey-oak cabinetry and white tile countertops typical of the era. Visible popcorn ceilings and older carpeting indicate a lack of recent major renovations, placing it in the 'Fair' category as it is functional but requires cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1290.
The property features a private backyard with no rear neighbors and scenic hill views, offering a tranquil retreat that is rare in high-density suburban neighborhoods.
Located in a community with no Homeowners Association, this home provides significant monthly cost savings and greater freedom for property modifications compared to nearby developments.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only two formal bedrooms and 1,290 square feet of living space, the home may be less appealing to larger families or buyers requiring more substantial interior volume.
Built in 1988, the property may soon require capital investments for major systems or modern cosmetic updates to remain competitive with newer inventory in the Murrieta market.
Nestled in the desirable Provence neighborhood of Murrieta, this well-maintained single-story home offers 2 bedrooms, 2 bathrooms, and a versatile floorplan with an optional third bedroom, office or den to suit your lifestyle. Designed for comfortable everyday living, the home features inviting living spaces filled with natural light and a functional layout that provides both flexibility and convenience. The backyard offers a peaceful retreat with no rear neighbors, creating a private setting to relax, entertain, or simply enjoy the tranquil surroundings. Ideally located just minutes from local schools, parks, shopping and dining, this home also provides easy access to both Interstate 15 and Interstate 215, making commuting a breeze. With no HOA, this home offers the perfect combination of privacy, flexibility and convenience in one of Murrieta's most desirable neighborhoods!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,290 | 2,570 |
| Lot Size | 7,405 | 7,405 |
| Price | $539.0K | $717.1K |
| Price per sq ft | $418 | $305 |
| Built year | 1988 | 2001 |
| HOA | $0 | $180 |
| Days on market | 12 | 61 |
Jul 10, 2026
$539,000
Initial Listing
Oct 16, 2015
$296,000
Public Record
May 19, 1994
$110,000
Public Record