39277 Cayman Court, Murrieta, California 92563, Murrieta, 92563 - 3 bed, 2 bath
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Murrieta, California 92563
This Value-Add Residential Asset is listed at $580,000, offering a strategic entry point into the Murrieta market. Currently holding a Fair Condition Rating, the 1,924 sqft interior features vaulted ceilings, an open kitchen, and a private patio. The property requires cosmetic updates to the flooring, countertops, and fencing, providing a clear opportunity for forced appreciation. Located in the Temecula Unified District near Chaparral High School (9/10) and Alamos Elementary (9/10), this is a prime acquisition for Fix-and-Flip Investors or Contractors looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39277 Cayman Court Subject | $590,000* List Price | 3 | 2 | 1,924 | $273 | - |
A 39483 Almaden Circle Sold | $630,000 | 3 | 2 | 2,180 | $289 | 0.4 mi |
B 39304 Memory Drive Sold | $665,000 | 4 | 3 | 2,109 | $315 | 0.7 mi |
C 39463 Napa Creek Drive Sold | $628,000 | 2 | 2 | 2,011 | $312 | 0.3 mi |
D 30134 Iron Horse Drive Sold | $605,000 | 2 | 2 | 1,772 | $341 | 0.4 mi |
E 30227 Carneros Pending | $725,000 List Price | 3 | 2 | 2,095 | $346 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 2001 and, according to the listing description, requires several updates including the replacement of worn carpeting, older flooring, and original kitchen countertops and appliances. With a 25-year age and no recorded major renovations, the home shows signs of deferred maintenance and an unfinished backyard, placing it squarely in the 'fair' category as an aged but functional home needing cosmetic rehabilitation.
Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
Priced below market value, this property presents a significant opportunity for investors or primary buyers to build immediate equity through strategic renovations.
The home is situated near highly-rated institutions including Chaparral High School (9/10) and Nicolas Valley Elementary (8/10), making it ideal for families.
The interior requires significant updates, including the replacement of worn carpeting, dated flooring, and original kitchen countertops.
The backyard is currently a 'blank canvas' of cement and dirt, requiring a full landscaping investment to become a functional outdoor living area.
The property needs immediate attention to functional elements such as fencing and aging kitchen appliances, which may increase initial move-in costs.
This home offers 1,924 sqft of well-designed living space. Features include a formal entry and dining room, vaulted ceilings, and an open kitchen and family room with fireplace, ideal for gatherings. The backyard offers a blank canvas with cement and dirt areas and room to create your own outdoor retreat. Home is priced under market value to reflect needed updates, including worn carpet, older flooring, kitchen countertops and appliances, and fencing. Conveniently located near schools, parks, shopping, dining, and with easy access to Temecula and freeways. A great opportunity for buyers looking to add value and make it their own.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 2.0 | 3.0 | 18% |
| Square foot | 1,924 | 2,503.5 | 17% |
| Lot Size | 5,227.2 | 6,970 | 21% |
| Price | $590.0K | $700.0K | 9% |
| Price per sq ft | $307 | $289 | 62% |
| Built year | 2001 | 2003 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 180 | 13% |
Apr 1, 2026
$590,000
$580,000
+2% Price Increase
Initial Listing
Feb 5, 2026
$580,000
Initial Listing
Nov 22, 2024
$600,000
Public Record
Jul 30, 2002
$265,000
Public Record
Jun 28, 2002
$220,000
Public Record
Dec 13, 2001
$209,000
Public Record