
Murrieta, California 92562
This Bear Creek Community Condominium represents a Strong Value Opportunity, listed at $549,900—positioned well below the $572,255 Fair Market Value by 3%. This valuation gap provides $22,355 in Instant Equity. With a Condition Rating of 3, the home features a Granite Kitchen and Dual Primary Suites with fireplaces. Located near Top-Rated Schools like Cole Canyon Elementary, this property offers a versatile layout for Owner-Occupants or first-time buyers seeking a move-in ready home with significant lifestyle appeal.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38501 Oaktree Loop Subject | $549,900* List Price | 2 | 3 | 1,840 | $311 | - |
A 38411 Glen Abbey Lane Sold | $610,000 | 2 | 3 | 1,685 | $362 | 0.2 mi |
B 38285 Oaktree Active | $519,900 List Price | 2 | 3 | 1,840 | $283 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984 but shows evidence of being well-maintained with partial renovations. The kitchen features granite countertops and updated cabinet hardware, and at least one bathroom has a modernized walk-in shower with contemporary wood-look tile. While some appliances and secondary bathroom tiles are dated, the home is functional and move-in ready.
Elementary School: Cole Canyon Elementary School (9/10).
The home features two spacious bedroom suites with walk-in closets and private fireplaces on separate levels, offering ideal privacy for guests or multi-generational living.
Located in the prestigious Bear Creek Community with direct pool access, the property includes a competitive seller incentive to cover one year of HOA dues.
Built in 1984, the property may require cosmetic updates or modernization to align with contemporary design preferences and energy efficiency standards.
Despite the generous 1,840 square footage, the two-bedroom configuration may restrict appeal for larger families or buyers requiring more dedicated sleeping quarters.
This beautifully maintained Bear Creek Community home offers generous living spaces, thoughtful architectural details, and direct access to one of the community’s most desirable amenities. The home features two spacious bedrooms with walk-in closets, one located downstairs and one upstairs, creating flexible living arrangements for guests or multi-generational living. The bedrooms are designed as matching suites, each with its own distinctive fireplace. Downstairs living areas include two gas fireplaces, creating warm and inviting spaces for everyday living and entertaining. The living room fireplace features elegant wood and tile detailing, adding character and charm. Upstairs, the private bedroom retreat includes a large built-in credenza with an electric fireplace, creating a cozy sitting area. The upstairs loft overlooks the staircase and works well as a home office, reading nook, or quiet retreat. A unique feature of the home is the sunken bar area, a classic architectural detail offering flexibility for a variety of uses. It has served as an artist’s studio thanks to its excellent lighting and small sink, and can easily function as a bar, office, or creative workspace. Outdoor living is equally inviting, with a patio that provides convenient access to the nearby community pool, making it easy to enjoy the Bear Creek lifestyle. This home offers a wonderful combination of comfort, character, and versatility in one of the area’s most established communities. Sellers may consider paying for one year of HOA dues.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.9 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,840 | 1,411 | 85% |
| Lot Size | - | - | 50% |
| Price | $549.9K | $480.0K | 81% |
| Price per sq ft | $299 | $336 | 13% |
| Built year | 1984 | 2005 | 6% |
| HOA | $325.0 | $325 | 50% |
| Days on market | 36 | 135 | 6% |
May 1, 2026
$549,900
Initial Listing
Oct 23, 2015
$320,000
Public Record
Jan 5, 2005
$355,000
Public Record