38332 Chestnut Circle, Murrieta, California 92563, Murrieta, 92563 - 3 bed, 3 bath
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Murrieta, California 92563
This Turnkey Residential Sanctuary is a Prime Investment Opportunity, listed at $634,999—positioned well below the $651,435 Fair Market Value by 2%. This valuation gap offers $16,436 in Instant Equity for incoming buyers. Boasting a Good Condition Rating, the home features a versatile loft and a private backyard retreat with a private spa, Alumawood patio, and mountain views. Located in the Temecula Unified District near Alamos Elementary (9/10), it is the perfect fit for Owner-Occupants or growing families seeking a polished lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38332 Chestnut Circle Subject | $634,999* List Price | 3 | 3 | 2,180 | $299 | - |
A 38405 Sevilla Avenue Sold | $621,000 | 3 | 3 | 2,324 | $267 | 0.6 mi |
B 38387 Chestnut Circle Sold | $635,000 | 3 | 3 | 1,752 | $362 | 0.1 mi |
C 38342 Encanto Road Sold | $699,000 | 4 | 3 | 2,916 | $240 | 0.3 mi |
D 31371 Magnolia Point Sold | $656,000 | 4 | 3 | 2,091 | $314 | 0.7 mi |
E 38538 Tranquila Ave Pending | $649,999 List Price | 4 | 3 | 2,324 | $280 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, aligning with the 'good' condition criteria. Built in 2003, the home features several functional updates including stainless steel kitchen appliances, modern custom light fixtures, and a mix of mosaic tile and dark laminate flooring. While the oak cabinetry and countertops reflect the original builder style and are somewhat dated, the overall interior and exterior (including the Alumawood patio cover and spa) show minimal wear and tear with no immediate renovations required.
Elementary School: Alta Murrieta Elementary School (9/10). High School: Chaparral High School (9/10).
The property is ideally located within walking distance of top-rated institutions, including Alamos Elementary (9/10) and Bella Vista Middle School (8/10), offering significant value for families.
The backyard is a fully realized retreat featuring a private spa, a durable Alumawood patio cover, and mature landscaping, providing an immediate space for relaxation and entertainment.
The home comes with an existing solar lease that has approximately 8 years remaining, requiring the buyer to assume the contract and its associated monthly costs.
Despite the generous square footage, the home only offers three bedrooms, which may be a limitation for larger families compared to other properties in this size range.
Located just 10 minutes from the Temecula Wineries and walking distance to Top-Rate Schools, this Murrieta home has it all! Welcome to 38332 Chestnut Circle, a beautifully cared for 3-Bedroom, 2.5-Bathroom home in the desirable community of Rancho Bella Vista. This home sits less than a block away from Alamos Elementary School and within walking distance to Bella Vista Middle School, Sports Park, Playground, and Recreation Center. As you step inside, you will notice the functional and well-designed floor plan. The main level showcases stylish mosaic tile flooring and a spacious living area centered around a cozy fireplace with a classic mantel, creating the perfect space for both relaxing and entertaining. The kitchen is upgraded with custom lighting, stainless steel appliances, and ample cabinetry, offering style and functionality. Upstairs, you will find a generously sized loft providing flexible living space ideal for a home office, game room, media room, or play area. The oversized primary suite is your peaceful retreat, complete with a large walk-in closet and walk-in shower. Additional bedrooms are well-proportioned and versatile for family, guests, or workspace needs. The backyard is beautifully maintained with mature trees, vibrant flowers, and lush greenery, creating a private and serene outdoor setting. Enjoy year-round outdoor living under the Alumawood patio cover, and unwind in the spa after a long day. The home is equipped with an energy-efficient solar system with approximately 8 years remaining on the solar lease, offering significant savings on utility costs. Don’t miss this opportunity to own a turn-key home in one of Murrieta’s most sought-after neighborhoods.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,180 | 2,503.5 | 33% |
| Lot Size | 5,663 | 6,970 | 28% |
| Price | $635.0K | $700.0K | 18% |
| Price per sq ft | $291 | $289 | 51% |
| Built year | 2003 | 2003 | 50% |
| HOA | $45.0 | $0 | 61% |
| Days on market | 22 | 180 | 1% |
Mar 31, 2026
$634,999
Initial Listing
Feb 15, 2019
$385,000
Public Record
Sep 16, 2011
$205,000
Public Record
Dec 7, 2007
$300,000
Public Record
Jan 14, 2005
$415,000
Public Record
Mar 28, 2003
$276,500
Public Record