
Murrieta, California 92563
This Single-Story Residential Home is a Strong Value Opportunity, listed at $625,000—positioned well above the $567,027 Fair Market Value by 10%. While the list price exceeds the current estimate, the property offers a Good Condition Rating and a turnkey, No HOA lifestyle. Featuring a functional 1,558 SqFt floor plan and proximity to Top-Rated Schools like Alamos Elementary, this home provides long-term stability. It is an ideal acquisition for Owner-Occupants seeking a move-in ready residence or first-time buyers prioritizing school district quality and single-story accessibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37124 Running Springs Rd Subject | $599,000* List Price | 4 | 2 | 1,558 | $363 | - |
A 31874 Cloverhill Way Sold | $650,000 | 4 | 2 | 1,991 | $326 | 0.1 mi |
B 37520 River Oats Lane Sold | $675,000 | 3 | 2 | 1,950 | $346 | 0.4 mi |
C 37555 Needlegrass Rd Sold | $699,900 | 3 | 2 | 1,940 | $361 | 0.4 mi |
D 37521 Coffeeberry Court Sold | $656,000 | 3 | 2 | 1,940 | $338 | 0.5 mi |
E 31869 Straw Lily Drive Active | $629,900 List Price | 3 | 2 | 1,672 | $377 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011 (13 years old), this property fits the 10-20 year age bracket for a 'Good' rating. The home is move-in ready and well-maintained, featuring a functional kitchen with white cabinetry and stone countertops. Systems appear original but within their standard operational lifespan, and the addition of solar panels adds value.
The absence of a Homeowners Association provides significant monthly cost savings and the freedom for owners to personalize their property without restrictive community guidelines.
The single-level floor plan is highly sought after for its accessibility and long-term utility, appealing to a broad demographic from first-time buyers to those looking to downsize.
Constructed in 2011, the home features a contemporary open-concept design and newer systems, offering a turnkey experience that minimizes the need for immediate renovations.
Fitting four bedrooms into 1,558 square feet suggests that individual room sizes may be small, potentially limiting furniture layout options for larger families.
The property is noted as having no specific views, which may be a drawback for buyers specifically looking for the hillside or city light vistas often found in the Murrieta area.
No HOA | Single-Story Living | 4 Bed | 1,558 SqFt | 0.19-acre lot | Tesla Solar + EV Charging! Welcome to 37124 Running Springs Road in Murrieta, where single-story convenience meets everyday comfort in a community with no HOA restrictions. Situated on a 0.19-acre lot with access to top-rated schools, shopping, and dining, this 4-bedroom, 2-bathroom home offers 1,558 square feet of functional living space built in 2011. From the moment you step inside, you are greeted by an open and connected floor plan that flows seamlessly between the living, dining, and kitchen areas, making it ideal for entertaining and everyday living alike. Natural light fills the home throughout, creating a bright and welcoming atmosphere in every room. The kitchen offers generous cabinet space and overlooks the main living areas, keeping you connected whether you are cooking a weekday dinner or hosting family and friends. The primary suite serves as a peaceful retreat, complete with its own private bathroom, while the additional bedrooms offer versatility for a home office, guest room, or hobby space. Step outside to a well-sized backyard with room to personalize and make your own. With no HOA, you have the freedom to add a pool, garden, or simply enjoy the outdoor space however you like. This is a great opportunity to own a comfortable, move-in ready single-story home in one of Murrieta's most convenient and accessible neighborhoods.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.3 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,558 | 2,570 |
| Lot Size | 8,276 | 7,405 |
| Price | $599.0K | $717.1K |
| Price per sq ft | $384 | $305 |
| Built year | 2011 | 2001 |
| HOA | $0 | $180 |
| Days on market | 27 | 61 |
Jul 10, 2026
$599,000
$625,000
-4% Price Drop
Initial Listing
Jun 25, 2026
$625,000
Initial Listing
Oct 28, 2011
$234,500
Public Record