
Murrieta, California 92562
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $819,000—positioned well below the $820,000 Fair Market Value by 0.12%. Featuring a Condition Rating of 4, the property offers significant upside through cosmetic modernization. Residents enjoy premium amenities in the gated Bear Creek community, including lake views, golf, and access to top-tier schools like Cole Canyon Elementary. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations in a prestigious location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38677 Muirfield Drive Subject | $819,000* List Price | 3 | 3 | 2,207 | $372 | - |
A 38411 Glen Abbey Lane Sold | $610,000 | 2 | 3 | 1,685 | $362 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property falls into the >20-year category. The listing description 'diamond in the rough' and the absence of interior photos strongly suggest that the kitchen, bathrooms, and major systems are original and dated, requiring cosmetic updates and minor repairs to be modernized.
Elementary School: Cole Canyon Elementary School (9/10).
Situated within the prestigious gated community of Bear Creek, the property offers unparalleled access to a golf course, tennis and pickleball courts, swimming pools, and a high-end fitness center.
The home features desirable views of the lake and surrounding woods from the kitchen, living room, and patio area, providing a serene and high-value atmosphere.
Described as a 'diamond in the rough,' the property likely requires significant cosmetic or structural updates to modernize the space and maximize its value.
As a condominium unit, the property includes a $325 monthly association fee and potential restrictions on exterior modifications compared to a traditional detached home.
LOOK NO FURTHER FOR YOUR DIAMOND IN THE ROUGH! GOURGEOUS PROPERTY LOCATED IN THIS GATED COMMUNITY OF BEAR CREEK. IT HAS THE FEATURES OF A SINGLE-STORY SINGLE-FAMILY RESIDENCE CONSISTING OF 3 BEDROOMS/ 2.5 BATH. LAUNDRY INSIDE. KITCHEN, LIVING ROOM AND PATIO AREA HAVE THE LAKE VIEW. MANY AMENITIES TO ENJOY, LAKES, GOLF COURSE, TENNIS COURT, BEAR CREEK BOWLING, PICKEBALL, BASKETBALL, TWO SWIMMING POOLS, HUGE GYMS ALL KINDS OF EQUIPMENTS 5AM TO 11PM, CLUB HOUSE. MUST SEE IT TO APPRECIATE IT. PROFESSIONAL PICTURES ARE COMING SOON. SELLERS ARE VERY MOTIVATED!!!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 2.2 mi
Grades K-6 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,207 | 1,419.5 | 98% |
| Lot Size | 2,178 | 0.005 | 89% |
| Price | $819.0K | $481.5K | 98% |
| Price per sq ft | $371 | $338 | 83% |
| Built year | 1997 | 2005 | 13% |
| HOA | $325.0 | $325 | 50% |
| Days on market | 16 | 143 | 4% |
Jun 4, 2026
$819,000
$820,000
+0% Price Increase
Initial Listing
May 29, 2026
$820,000
Initial Listing
May 6, 1998
$225,000
Public Record