38261 Tranquila Avenue, Murrieta, California 92563, Murrieta, 92563 - 5 bed, 3 bath
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38261 Tranquila Avenue
Murrieta, California 92563
ACTIVE
CONDITION: GOOD
5Beds
3Baths
2,750Sq Ft
4,791Lot Size
Property Price
LIST PRICE$747,777
EST. MARKET VALUE
$754,810
SUMMARY
This Multi-Generational Single Family Residence is a Strong Value Opportunity, listed at $747,777—positioned well below the $754,810 Fair Market Value by 0.93%. This property offers $7,033 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Pebble Tec pool & spa, solar power, and a versatile 3-story layout with a private entrance for rental potential. Located in the Rancho Bella Vista community near top-rated schools, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$754,810
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 |
|---|---|---|---|---|---|---|
★ 38261 Tranquila Avenue Subject 5 bd · 3 ba · 2,750 sqft · $274 | $747,777* List Price | 5 | 3 | 2,750 | $274 | - |
A 31675 Brisa Court Sold 5 bd · 3 ba · 2,579 sqft · $262 · 0.1 mi | $676,000 | 5 | 3 | 2,579 | $262 | 0.1 mi |
B 38408 Tranquila Sold 4 bd · 3 ba · 2,750 sqft · $224 · 0.1 mi | $615,000 | 4 | 3 | 2,750 | $224 | 0.1 mi |
C 31942 Cortez Circle Sold 3 bd · 3 ba · 2,324 sqft · $271 · 0.3 mi | $630,000 | 3 | 3 | 2,324 | $271 | 0.3 mi |
D 31109 Rose Arbor Court Sold 5 bd · 3 ba · 2,409 sqft · $305 · 0.6 mi | $734,500 | 5 | 3 | 2,409 | $305 | 0.6 mi |
E 38236 Hermosa Court Sold 5 bd · 3 ba · 3,113 sqft · $225 · 0.1 mi | $700,000 | 5 | 3 | 3,113 | $225 | 0.1 mi |
F 38354 Falcon Court Sold 3 bd · 3 ba · 2,180 sqft · $281 · 0.4 mi | $612,000 | 3 | 3 | 2,180 | $281 | 0.4 mi |
G 37749 Fiesta Flower Sold 5 bd · 3 ba · 2,277 sqft · $302 · 0.6 mi | $688,000 | 5 | 3 | 2,277 | $302 | 0.6 mi |
H 38079 Bella Rosa Active Under Contract 4 bd · 4 ba · 2,831 sqft · $261 · 0.5 mi | $739,000 List Price | 4 | 4 | 2,831 | $261 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, this 20-year-old property is well-maintained and move-in ready. The kitchen features functional updates including painted cabinetry and stone counters, while the second level has updated laminate flooring. With the addition of solar and a pebble tec pool, the home remains highly functional and avoids the 'dated' or 'repair-heavy' status of the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Murrieta Elementary School (9/10). High School: Chaparral High School (9/10).
- Multi-Generational Potential
The home features a versatile layout with a private entrance for a one-bedroom suite, making it ideal for rental income, a home office, or extended family living.
- Premium Amenities & Efficiency
The property is equipped with a high-quality Pebble Tec pool and spa and includes a solar power system, offering both luxury and significant energy savings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Limited Lot Size
At 4,791 sqft, the lot is relatively compact for a 2,750 sqft home, leaving minimal yard space once the pool and spa are factored in.
- Three-Story Layout
The vertical three-story design may be a deterrent for buyers seeking easier accessibility or those who prefer fewer stairs in their daily living routine.
About 38261 Tranquila Avenue
Located in the great community of Rancho Bella Vista in Murrieta, you’ll love the convenience of walking distance to both the highly desirable middle & elementary schools. This 5 bedroom home (could be 6) has a pebble tec pool & spa, solar, is 3 stories and offers a perfect set up for a 1 bedroom rental. Whether for a family member or use as a separate office, it has its own private entrance. The large kitchen w/ center island is open w/ great flow into a living area w/ a gas fireplace, wood flooring & view of the backyard. On the main floor there is a dining area, a family room, kitchen & living room. The 2nd level has 4 bedrooms, waterproof luxury vinyl flooring, both baths & kitchen have porcelain tile as well as the full sized laundry room. The 3rd level has a large open, carpeted, loft area that could be a 6th bedroom and has attic access for storage. The large main bedroom has 2 walk-in closets, custom lighting fixtures, dual bathroom sinks, oval tub and a separate shower. Newer air conditioner installed 2025/26. Seller is motivated, call me today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 4,791 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $45.0 / Month
Neighborhood Insights
Murrieta Unified Schools
Alamos Elementary School
Grades K-5 • 0.2 mi
9/10
Nicolas Valley Elementary School
Grades K-5 • 1.6 mi
8/10
French Valley Elementary School
Grades K-5 • 1.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,750 | 2,489.548 |
| Lot Size | 4,791 | 7,204.151 |
| Price | $747.8K | $712.8K |
| Price per sq ft | $272 | $302 |
| Built year | 2004 | 2001 |
| HOA | $45.0 | $164 |
| Days on market | 14 | 58 |
Pricing History
Listed for Sale
Oct 10, 2026
$747,777
Initial Listing
Sold
Jun 12, 2015
$354,000
Public Record
Sold
Nov 22, 2010
$260,000
Public Record
Sold
May 22, 2009
$202,000
Public Record