36849 Wax Myrtle, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
36849 Wax Myrtle
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 36849 Wax Myrtle, Murrieta, California 92562 reveals a Prime Investment Opportunity with a current list price of $830,000—significantly undercutting the $868,075 Fair Market Value by 4%. This valuation gap indicates a +$38,075 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36849 Wax Myrtle Subject | $830,000* List Price | 4 | 3 | 2,891 | $300 | - |
A 36205 Coffee Tree Place Sold | $719,000 | 4 | 3 | 2,621 | $274 | 0.7 mi |
B 27792 Carlton Oaks Street Sold | $850,000 | 4 | 3 | 3,238 | $263 | 0.8 mi |
C 27123 Coral Bells Way Sold | $833,000 | 5 | 4 | 3,371 | $247 | 0.4 mi |
D 36157 Coffee Tree Place Sold | $720,000 | 4 | 3 | 2,621 | $275 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this property is move-in ready and meticulously maintained. The kitchen features high-end Viking stainless steel appliances, a large center island, and a butler's pantry, while the primary bathroom includes an upgraded oversized walk-in shower. Although the home is 22 years old, the quality of the upgrades and the resort-style backyard indicate it has been well-preserved with no immediate renovations required.
PROSSTRENGTHS & OPPORTUNITIES
- Highly Desirable Single-Story Layout
This rare, upgraded single-story floor plan offers nearly 2,900 square feet of accessible living space, which is a high-demand feature for buyers seeking long-term functionality and ease of movement.
- Gourmet Chef's Kitchen
The kitchen is a standout feature, equipped with premium Viking stainless steel appliances, a butler's pantry, and a large center island, providing a high-end experience for cooking and entertaining.
- Resort-Style Backyard
The property features an entertainer's dream backyard with a private pool and spa, complemented by direct access from the primary suite, creating a true outdoor paradise.
CONSRISKS & DEFICIENCIES
- Aging Major Systems
Built in 2004, the home is over 20 years old, suggesting that original major components like the HVAC system or roof may be approaching the end of their typical lifespan and require inspection.
- Limited Yard Versatility
Given the large footprint of a single-story home and the extensive pool area on a 10,890 sqft lot, there may be limited traditional green space for pets or children's play equipment.
About 36849 Wax Myrtle
Hard to find upgraded single story home with entertainer's dream pool backyard. This upgraded and meticulously maintained home offers a spacious and well designed floor plan with great amenities and a back yard paradise. The upgraded kitchen features Viking stainless appliances and includes a large center island, walk-in pantry and loads of cabinets and counter space. The kitchen on one side opens to a large family room with an inviting fireplace. On the other side of the kitchen the butler's pantry leads into the formal dining room. Off of the dining room is a cozy living room/den/sitting room. There is direct access to both a double and single car garages. The primary bedroom has direct access to the pool and spa area. The primary bath features an over-sized walk-in shower, dual walk-in close. Home includes water softener and leased solar. Make sure to check out the virtual tour and schedule an appointment to see it in person.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 10,890 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
Murrieta Unified Schools
Avaxat Elementary School
Grades K-5 • 0.5 mi
Antelope Hills Elementary School
Grades K-5 • 0.7 mi
Rail Ranch Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,891 | 2,450 | 65% |
| Lot Size | 10,890 | 7,840 | 72% |
| Price | $830.0K | $715.0K | 66% |
| Price per sq ft | $287 | $316 | 32% |
| Built year | 2004 | 1997 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 183 | 0% |
Pricing History
Listed for Sale
Feb 27, 2026
$830,000
Initial Listing
Sold
Apr 25, 2007
$560,000
Public Record