39351 Memory Drive, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 3 bath

39351 Memory Drive
Murrieta, California 92563
Property Price
SUMMARY
Analysis of 39351 Memory Drive, Murrieta, California 92563 reveals a property with a current list price of $698,998, which is 4% above the estimated $665,219 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39351 Memory Drive Subject | $698,998* List Price | 4 | 3 | 2,470 | $269 | - |
A 30451 Mendocino Way Sold | $641,000 | 4 | 3 | 2,584 | $248 | 0.5 mi |
B 38337 Augusta Sold | $806,500 | 4 | 3 | 2,328 | $346 | 0.9 mi |
C 27478 Sierra Madre Drive Sold | $750,000 | 4 | 3 | 2,608 | $288 | 0.7 mi |
D 39323 Corte Alisos Sold | $730,000 | 4 | 3 | 2,729 | $267 | 0.5 mi |
E 39355 Calistoga Drive Sold | $700,000 | 4 | 3 | 2,022 | $346 | 0.5 mi |
F 39304 Memory Drive Pending | $660,000 List Price | 4 | 3 | 2,109 | $313 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2001, this home is well-maintained and move-in ready, but the kitchen and bathrooms show signs of being outdated. The kitchen features traditional light wood cabinets and white tile countertops, which are functional but not aligned with current modern styles. Similarly, the bathrooms have matching traditional wood vanities and basic fixtures. While the stainless steel appliances are a positive update, the overall aesthetic of these key areas would likely require minor updates for a buyer seeking a contemporary look. The flooring is a mix of tile (some of which appears dated) and laminate wood, both in good condition. The property is aged but maintained, fitting the 'Fair' category where major components are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Chaparral High School (9/10).
- Prime Location & School District
Nestled in the highly sought-after Temecula School District, on a peaceful cul-de-sac, and minutes from top-rated schools, award-winning wineries, Old Town restaurants, and major roadways.
- Flexible & Functional Floor Plan
Features four spacious bedrooms (including a convenient downstairs bedroom), two and a half bathrooms, and a large open loft, offering versatility for various family needs or a dedicated home office.
CONSRISKS & DEFICIENCIES
- Recent Price Reduction
The property has undergone a recent price reduction from $715,000 to $698,998, which may indicate a longer time on market or a need to attract more buyer interest.
- Lack of Explicit Central Air Conditioning
While ceiling fans are mentioned, the description does not explicitly state the presence of a central air conditioning system, which could be a significant comfort consideration for buyers in Murrieta's climate.
- Potential for Dated Systems/Finishes
Built in 2001, some major systems (e.g., HVAC, water heater, roof) or certain interior finishes might be original and approaching the end of their typical lifespan, potentially requiring future investment for updates or replacement.
About 39351 Memory Drive
Nestled in the highly sought-after Temecula School District and tucked away on a peaceful cul-de-sac, this delightful home offers the perfect balance of modern comfort, timeless charm, and family-friendly design. Featuring four spacious bedrooms (including one downstairs), two and a half bathrooms, and a large open loft, this home offers flexibility for growing families, guests, or a dedicated home office. From the moment you walk in, vaulted ceilings, natural light, and a welcoming sense of space set the tone for the entire home. The chef-inspired kitchen is the heart of the home, showcasing a large center island, walk-in pantry, stainless steel appliances, and ample counter and cabinet space. The open-concept layout flows effortlessly into the formal dining and living rooms—ideal for hosting holiday dinners or weekend get-togethers. For cozy nights in, retreat to the inviting family room where a warm fireplace creates the perfect atmosphere for movie nights or quiet evenings with loved ones. Upstairs, the primary suite feels like a private sanctuary with its expansive walk-in closet and spa-style ensuite featuring a deep soaking tub, separate shower, and dual vanities—an ideal space to unwind after a long day. Step outside to your tranquil backyard escape with low-maintenance landscaping and a generous stamped-concrete patio perfect for morning coffee, barbecues, or evening gatherings under the stars. With no rear neighbors, you’ll enjoy added peace and privacy year-round. Additional highlights include a two-car garage, tile flooring, ceiling fans throughout, low taxes, and absolutely no HOA fees. Conveniently located just minutes from top-rated schools, Temecula’s award-winning wineries, Old Town restaurants, and major roadways, this home combines comfort, convenience, and California living at its best.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Murrieta Unified Schools
Nicolas Valley Elementary School
Grades K-5 • 0.7 mi
James L. Day Middle School
Grades 6-8 • 1.6 mi
Chaparral High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,470 | 2,541 | 48% |
| Lot Size | 5,663 | 6,970 | 30% |
| Price | $699.0K | $695.0K | 51% |
| Price per sq ft | $283 | $287 | 48% |
| Built year | 2001 | 2004 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 143 | 169 | 34% |
Pricing History
Listed for Sale
Oct 29, 2025
$698,998
$715,000
-2% Price Drop
Initial Listing
Price Change
Oct 15, 2025
$715,000
Initial Listing






































