
Murrieta, California 92562
This Sophisticated Dual-Suite Condominium is listed at $579,899, representing a stable entry point at its $579,678 Fair Market Value. Maintaining a Good Condition Rating, the interior showcases modern wood-look flooring, updated granite countertops, and a versatile sunken bar area. Located in the prestigious Bear Creek community, the home offers direct pool access and proximity to the top-rated Cole Canyon Elementary School (9/10). The unique layout with matching primary suites provides unmatched privacy and flexibility. This turnkey residence is perfectly suited for multi-generational families or Owner-Occupants seeking a refined lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38501 Oaktree Loop Subject | $579,899* List Price | 2 | 3 | 1,840 | $315 | - |
A 38411 Glen Abbey Lane Sold | $610,000 | 2 | 3 | 1,685 | $362 | 0.3 mi |
B 38554 Lochinvar Court Sold | $675,000 | 3 | 3 | 2,145 | $315 | 0.2 mi |
C 38285 Oaktree Active | $549,900 List Price | 2 | 3 | 1,840 | $299 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and demonstrates pride of ownership with several significant updates. While built in 1984, the home features modern wood-look flooring throughout, updated granite countertops in the kitchen, and a contemporary walk-in shower with floor-to-ceiling wood-look tile. The kitchen cabinets and black appliances are functional and well-maintained, though not the most recent style. The presence of vaulted ceilings, updated light fixtures, and the overall clean condition of the interior systems suggests the property has been renovated within the 5 to 15-year window required for a 'good' rating.
Elementary School: Cole Canyon Elementary School (9/10).
The home features two spacious matching suites with walk-in closets and private fireplaces on separate levels, providing excellent privacy and flexibility for multi-generational living or guests.
With a functional upstairs loft and a unique sunken bar area that doubles as an artist’s studio, the property offers multiple dedicated spaces for a home office, creative work, or entertaining.
The property has undergone significant and frequent price reductions since its initial listing, dropping nearly $80,000, which may suggest challenges in meeting current market demand or valuation.
Built in 1984, the home features specific vintage details like a sunken bar and 1980s-style fireplaces that may require additional capital investment to modernize for contemporary buyer preferences.
This beautifully maintained Bear Creek 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 needs. The bedrooms are designed as matching suites, each with its own distinctive fireplace feature. Downstairs living areas feature two gas fireplaces, creating warm, inviting spaces for everyday living and entertaining. The living area fireplace features elegant wood and tile detailing, adding character and charm to the room. Upstairs, the private bedroom retreat features a large built-in credenza with an electric fireplace, creating a cozy, comfortable sitting area. The upstairs loft overlooks the staircase and serves perfectly as a home office, reading nook, or quiet sitting area. A unique feature of the home is the sunken bar area, a classic architectural detail that offers flexibility for a variety of uses. It has been used as an artist’s studio thanks to its excellent lighting and small sink, but could easily function as a bar, office, or creative workspace. Outdoor living is just as appealing, with the patio providing 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. Also available for lease or possible lease option.
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 | 47% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,840 | 1,430 | 84% |
| Lot Size | - | 0.005 | 50% |
| Price | $579.9K | $476.5K | 82% |
| Price per sq ft | $315 | $337 | 16% |
| Built year | 1984 | 2005 | 5% |
| HOA | $325.0 | $325 | 50% |
| Days on market | 93 | 148 | 29% |
Mar 22, 2026
$579,899
$579,900
+0% Price Increase
Initial Listing
Mar 17, 2026
$579,900
$599,899
-3% Price Drop
Initial Listing
Mar 12, 2026
$599,899
$599,900
+0% Price Increase
Initial Listing
Feb 8, 2026
$599,900
$639,900
-6% Price Drop
Initial Listing
Feb 4, 2026
$639,900
$659,900
-3% Price Drop
Initial Listing
Jan 19, 2026
$659,900
Initial Listing
Oct 23, 2015
$320,000
Public Record
Jan 5, 2005
$355,000
Public Record