37740 Mary, Murrieta, California 92563, Murrieta, 92563 - 3 bed, 2 bath
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37740 Mary
Murrieta, California 92563
ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,100Sq Ft
128,938Lot Size
Property Price
LIST PRICE$910,000
EST. MARKET VALUE
$932,338
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $910,000—positioned well below the $932,338 Fair Market Value by 2%. This valuation gap offers $22,338 in Instant Equity. Featuring a Condition Rating of 4, the home offers significant upside through cosmetic modernization. The 3-acre lot provides rare utility for RV storage or custom expansion, appealing to Buy-and-Hold Investors and Owner-Occupants seeking a unique, panoramic foothill retreat with substantial long-term appreciation potential.
Estimated Market Value
$932,338
Based on Realkey algorithm analyzing recent comparable sales in Murrieta.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37740 Mary Subject 3 bd · 2 ba · 2,100 sqft · $444 | $910,000* List Price | 3 | 2 | 2,100 | $444 | - |
A 37250 Mason Active 4 bd · 3 ba · 2,294 sqft · $435 · 0.5 mi | $999,000 List Price | 4 | 3 | 2,294 | $435 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is well-maintained but features dated interior finishes. The kitchen retains older tiled countertops and cabinetry, and the living areas contain aged green and purple carpeting. While the addition of solar panels and a newer refrigerator are positives, the overall aesthetic and systems reflect a property that has not had a major renovation in over 20 years, necessitating cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 128938, living area = 2100.
- Expansive Usable Acreage
The property sits on nearly 3 acres of mostly flat, usable land, offering rare versatility for RV/boat storage, a swimming pool, or even heavy equipment.
- Panoramic Views
Large front and back porches provide stunning, unobstructed views of the surrounding foothills and canyons, significantly enhancing the home's privacy and appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =128938, other record lot size in square feet = 114127. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2100, other record living area = 960.
- Dated Interior Elements
Built in 1985, features such as the custom tiled countertops and older built-in appliances may require modernization to meet current buyer preferences.
- Limited Bedroom Count
With only three bedrooms on a large three-acre lot, the property may not appeal to larger families or buyers seeking more dedicated office spaces.
About 37740 Mary
Welcome to a lifestyle defined by craftsmanship, privacy, and the breathtaking beauty of Murrieta, California. This isn't just a house; it's a Custom Built 2-Story Log Home, hand-built and developed by the owner with a passion for detail you won't find anywhere else. Offering 3 Bedrooms, 2 Bathrooms with 2,100 square feet of living space, and situated on almost 3 Acres (2.96). The kitchen has all built-in appliances with a large cooking island with custom tiled counter tops. Hardwood flooring in kitchen and dining room. On the outside it has a big front porch with a panoramic view of the surrounding foothills and canyons, the backyard is huge with a backyard porch with great views all the away around, it also has a large patio with a metal barbecue stand, the backyard is a Great Play area for kids, the lot is mostly flat and very useable, it has an area behind the backyard that could be used for storing extra vehicles or construction equipment, the front parking area is plenty big for a large RV, motor home and boats. Property also has Energy Saving Solar Panels. Located close to all schools and shopping areas East of the Murrieta Sports Park.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 128,938 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,100 | 2,489.548 |
| Lot Size | 128,938 | 7,204.151 |
| Price | $910.0K | $712.8K |
| Price per sq ft | $433 | $302 |
| Built year | 1985 | 2001 |
| HOA | $0 | $164 |
| Days on market | 21 | 58 |
Pricing History
Listed for Sale
Oct 3, 2026
$910,000
Initial Listing