
Murrieta, California 92563
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $899,500—positioned above the $797,891 Fair Market Value. While currently priced for the market, the property offers significant long-term potential in a top-tier school district, including the 9/10 rated Alamos Elementary and Chaparral High. With a Fair Condition Rating and 3,732 square feet of living space, the home provides a blank canvas for modern updates. This is an ideal acquisition for Owner-Occupants seeking a large family home or long-term investors prioritizing location and school quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37913 Sweet Magnolia Way Subject 4 bd · 4 ba · 3,732 sqft · $214 | $899,500* List Price | 4 | 4 | 3,732 | $214 | - |
A 29576 Andromeda Street Sold 4 bd · 4 ba · 3,446 sqft · $222 · 0.6 mi | $765,000 | 4 | 4 | 3,446 | $222 | 0.6 mi |
B 29215 Derby Sold 4 bd · 4 ba · 3,168 sqft · $211 · 0.8 mi | $670,000 | 4 | 4 | 3,168 | $211 | 0.8 mi |
C 29377 Shady Sold 6 bd · 4 ba · 2,999 sqft · $243 · 0.6 mi | $730,000 | 6 | 4 | 2,999 | $243 | 0.6 mi |
D 29426 Shady Lane Sold 5 bd · 3 ba · 2,999 sqft · $212 · 0.6 mi | $635,000 | 5 | 3 | 2,999 | $212 | 0.6 mi |
E 29349 Shady Sold 4 bd · 3 ba · 2,570 sqft · $261 · 0.6 mi | $670,000 | 4 | 3 | 2,570 | $261 | 0.6 mi |
F 38429 Clearbrook Drive Sold 4 bd · 3 ba · 3,113 sqft · $251 · 0.9 mi | $780,000 | 4 | 3 | 3,113 | $251 | 0.9 mi |
G 37956 Sweet Magnolia Active 5 bd · 4 ba · 3,732 sqft · $208 · 0.1 mi | $774,999 List Price | 5 | 4 | 3,732 | $208 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is approximately 24-26 years old, placing it in the 'Fair' category. While the exterior appears well-maintained, the age suggests that the kitchen, bathrooms, and major systems like HVAC and electrical are likely original and dated, requiring minor repairs or modern updates to meet current market standards.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
At 3,732 square feet, this residence offers a significantly larger floor plan than the average four-bedroom home, providing ample room for a home office, gym, or multi-generational living.
The property is served by top-tier schools including Alamos Elementary and Chaparral High, both rated 9/10, which is a primary driver for property value and family demand in Murrieta.
The property is noted as having no specific view, which may be a disadvantage compared to neighboring homes that offer hillside or city light vistas.
The 7,405 square foot lot is relatively modest for a home of this size, resulting in a higher building-to-land ratio that may restrict extensive outdoor landscaping or large-scale amenities.
Exceptional opportunity in Murrieta. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.6 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,732 | 2,489.548 |
| Lot Size | 7,405 | 7,204.151 |
| Price | $899.5K | $712.8K |
| Price per sq ft | $241 | $302 |
| Built year | 2000 | 2001 |
| HOA | $0 | $164 |
| Days on market | 5 | 58 |
Oct 19, 2026
$899,500
Initial Listing
Mar 7, 2000
$275,000
Public Record