
Murrieta, California 92563
This High-Potential Investment Opportunity is listed at a List Price of $714,000, positioned slightly above the $687,644 Fair Market Value. While the property requires cosmetic updates, its Condition Rating of 4 and expansive 9,148-square-foot lot provide a significant canvas for value-add renovations. Located in the Temecula Valley Unified School District with No HOA fees, this home offers long-term financial flexibility. The versatile floor plan and prime French Valley location make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37473 Starmist Way Subject 4 bd · 4 ba · 3,035 sqft · $227 | $714,000* List Price | 4 | 4 | 3,035 | $227 | - |
A 37241 Sierra Grove Drive Sold 5 bd · 3 ba · 2,905 sqft · $246 · 0.3 mi | $715,000 | 5 | 3 | 2,905 | $246 | 0.3 mi |
B 37052 Almond Sold 4 bd · 4 ba · 2,699 sqft · $252 · 0.4 mi | $680,000 | 4 | 4 | 2,699 | $252 | 0.4 mi |
C 37846 Apache Plume Sold 4 bd · 3 ba · 3,187 sqft · $251 · 0.4 mi | $799,000 | 4 | 3 | 3,187 | $251 | 0.4 mi |
D 38223 Camarada Sold 5 bd · 4 ba · 3,771 sqft · $204 · 0.8 mi | $768,000 | 5 | 4 | 3,771 | $204 | 0.8 mi |
E 31562 Shoregrass Sold 5 bd · 3 ba · 3,823 sqft · $213 · 0.4 mi | $814,995 | 5 | 3 | 3,823 | $213 | 0.4 mi |
F 38150 Spring Canyon Sold 5 bd · 3 ba · 3,404 sqft · $231 · 0.8 mi | $785,000 | 5 | 3 | 3,404 | $231 | 0.8 mi |
G 38236 Hermosa Court Sold 5 bd · 3 ba · 3,113 sqft · $225 · 0.8 mi | $700,000 | 5 | 3 | 3,113 | $225 | 0.8 mi |
H 31534 Borega Active 4 bd · 4 ba · 3,165 sqft · $235 · 0.7 mi | $744,900 List Price | 4 | 4 | 3,165 | $235 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2007 (17 years old), the home features original honey oak cabinetry and basic tile finishes in the kitchen and bathrooms that are now dated. The listing explicitly states the property needs 'TLC,' including new carpeting and landscaping, which aligns with the criteria for a home requiring minor repairs and updates.
Situated in the desirable French Valley within the Temecula Valley Unified School District, this property offers the rare benefit of no HOA fees, providing significant long-term savings and freedom for the homeowner.
With over 3,000 square feet of living space, a 3-car garage, and a flexible downstairs den, the layout accommodates modern living needs, including multi-generational potential with an en-suite secondary bedroom.
The unique front courtyard featuring a Spanish-style fireplace and mature fruit trees creates immediate curb appeal and a private outdoor retreat rarely found in standard suburban models.
The home is noted to need new carpeting and interior updates, requiring the buyer to budget for immediate cosmetic improvements and repairs upon possession.
The large 9,148-square-foot lot currently serves as a blank canvas, necessitating a significant additional investment in landscaping to transform the space into a functional outdoor living area.
Welcome to this spacious two-story home in the highly desirable French Valley community of Murrieta, offering approximately 3,035 square feet of living space. Featuring 4 bedrooms, 3.5 bathrooms, a 3-car garage, and a 9,148-square-foot lot, this home offers an exceptional floor plan with endless potential. As you arrive, you'll be welcomed by a charming front courtyard featuring a Spanish style fireplace and mature fruit trees, offering a welcoming outdoor space to enjoy. Inside, the spacious kitchen features a generous walk-in pantry and opens to the main living area, creating an inviting space for everyday living and entertaining. The living room features a fireplace, while the formal dining room is ideal for gatherings. A versatile downstairs den offers flexibility for a home office or playroom, and the downstairs laundry room adds convenience. All four bedrooms are located upstairs. One secondary bedroom offers a private en-suite bathroom, while two additional bedrooms share a convenient Jack-and-Jill bathroom. The oversized primary suite features a huge walk-in closet, dual vanities, a soaking tub, and a separate shower. The backyard is equipped with a sprinkler system and offers a blank canvas for landscaping, whether you envision a pool, outdoor kitchen, garden, or entertaining space. Priced accordingly, the home is in need of some TLC, including new carpet and landscaping, allowing the next owner to add their personal style. Enjoy the freedom of **NO HOA** in the sought-after French Valley community, conveniently located near shopping, dining, parks, golf, Temecula Wine Country, and the highly regarded Temecula Valley Unified School District.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,035 | 2,489.548 |
| Lot Size | 9,147 | 7,204.151 |
| Price | $714.0K | $712.8K |
| Price per sq ft | $235 | $302 |
| Built year | 2007 | 2001 |
| HOA | $0 | $164 |
| Days on market | 37 | 58 |
Sep 17, 2026
$714,000
Initial Listing
Jun 20, 2008
$362,000
Public Record