39263 Half Moon Circle, Menifee, California 92563, Murrieta, 92563 - 5 bed, 3 bath
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Menifee, California 92563
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned well below the $711,701 Fair Market Value by 1.78%. This valuation gap offers $12,701 in Instant Equity. Featuring a Condition Rating of 4, the home requires significant updates, including HVAC and cosmetic finishes. Located in the Temecula Unified School District with access to top-rated schools like Alamos Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to customize a spacious, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39263 Half Moon Circle Subject | $699,000* List Price | 5 | 3 | 2,890 | $246 | - |
A 38815 Cobblestone Sold | $715,000 | 5 | 3 | 2,888 | $248 | 0.7 mi |
B 30610 Mcgowans Sold | $735,000 | 4 | 3 | 2,386 | $308 | 0.7 mi |
C 31171 Old Trail Circle Sold | $784,000 | 4 | 3 | 2,888 | $271 | 0.5 mi |
D 39253 Cayman Court Sold | $590,000 | 6 | 3 | 2,358 | $250 | 1.0 mi |
E 39823 Payton Court Sold | $770,000 | 5 | 3 | 2,517 | $306 | 0.5 mi |
F 39234 Calistoga Sold | $575,000 | 3 | 3 | 2,022 | $284 | 0.2 mi |
G 30354 Falcon Point Court Sold | $740,000 | 5 | 3 | 2,500 | $296 | 0.5 mi |
H 39221 Memory Pending | $675,000 List Price | 4 | 3 | 2,862 | $236 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004 (20 years old), the property is at the age threshold where major systems and cosmetics require attention. The listing explicitly states the home needs a new AC, water heater, flooring, paint, and cabinet updates, fitting the criteria for a dated home requiring repairs.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
The 2,890 sqft floor plan includes a sought-after downstairs bedroom and full bath, soaring two-story ceilings, and a large upstairs loft, providing excellent flexibility for multi-generational living or a home office.
Positioned on a quiet cul-de-sac with no neighbors on one side, the property offers enhanced privacy and an oversized side yard perfect for outdoor recreation or custom landscaping.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property requires significant cosmetic and functional updates, including new flooring, paint, cabinetry, and fixtures, which will necessitate a substantial additional investment after closing.
The home currently lacks a functioning air conditioning system and water heater, representing immediate high-ticket repair costs that may complicate traditional financing for some buyers.
Bring your contractor and design ideas to this incredible opportunity in a beautiful community!Perched on a cul-de-sac lot with no neighbors on one side, this spacious 5-bedroom, 3-bathroom home ready for its transformation. Featuring a highly functional floor plan, the home welcomes you with soaring two-story ceilings at the entry that flood the space with natural light. The expansive layout includes a sought-after downstairs bedroom and full bath—perfect for guests—plus a versatile upstairs loft ideal for a tech center, home office, or game room.The heart of the home is an oversized kitchen space complete with a center island and granite countertops, opening seamlessly to a great room with a cozy fireplace. Upstairs, the massive master suite offers a spectacular, elevated view, dual sinks, a jetted tub, and a large walk-in closet.Outside, the property features an oversized side yard perfect for a playground, dog run, or hobby space. Enjoy low taxes, a low HOA, and award-winning Temecula schools. Community amenities include a clubhouse, swimming pool, spa, tennis, basketball, and volleyball courts, tot lots, and scenic hiking trails.With strong structural bones, a premium location, and stunning views, this home needs updates (flooring, paint, and cabinets, water heater, fixtures, landscaping and a new AC.)to be restored to its full, spectacular potential. Priced accordingly, this is the perfect project for investors, flippers, or savvy buyers wanting to customize their dream home .
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,890 | 2,570 |
| Lot Size | 7,405 | 7,405 |
| Price | $699.0K | $717.1K |
| Price per sq ft | $242 | $305 |
| Built year | 2004 | 2001 |
| HOA | $49.0 | $180 |
| Days on market | 2 | 61 |
Jul 20, 2026
$699,000
Initial Listing
Jul 20, 2017
$495,000
Public Record
Dec 29, 2004
$554,500
Public Record