39455 Avenida La Cresta, Murrieta, California 92562, Murrieta, 92562 - 7 bed, 7 bath
39455 Avenida La Cresta
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 39455 Avenida La Cresta, Murrieta, California 92562 reveals a property with a current list price of $3,960,000, which is 13% above the estimated $3,430,614 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
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1990, the property is over 30 years old. While well-maintained, the interior design, particularly the kitchen, features a highly unique and rustic/bohemian style with freestanding cabinets and exposed elements that are not universally considered modern or recently renovated to current luxury standards. Flooring is a mix of travertine-style tile, carpeted stairs, and some newer wood-look laminate, indicating partial updates rather than a comprehensive renovation. The absence of bathroom images prevents a full assessment, but the visible areas suggest an aged home with regular upkeep and occasional, stylized updates, fitting the 'Fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 271814, living area = 7995.
- Great Schools
Elementary School: San Onofre Elementary School (9/10). Middle School: Mary Fay Pendleton Elementary School (9/10).
- Exceptional Lot Size & Privacy
The property boasts an expansive lot of over 6.2 acres (271,814 sqft), offering immense privacy, significant space for outdoor amenities, and potential for equestrian facilities or vineyards, characteristic of the desirable La Cresta area.
CONSRISKS & DEFICIENCIES
- Significant Overpricing
The current listing price of $3.96 million is 13% higher than the estimated market value of $3.43 million, which could deter potential buyers and prolong the property's time on the market.
- Age of Construction
Built in 1990, the property is over three decades old, suggesting potential needs for updates to major systems (e.g., HVAC, plumbing, electrical) and interior aesthetics to meet modern luxury market expectations.
- Lack of Detailed Modern Amenities
The provided details do not highlight specific luxury upgrades or modern amenities (e.g., smart home technology, recently renovated interiors, pool, spa, specific views) that are often expected in a property of this size and price point, especially when compared to newer or more explicitly detailed comparables.
About 39455 Avenida La Cresta
Exceptional opportunity in Murrieta. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 271,814 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $90.0 / Month
Neighborhood Insights
Murrieta Unified Schools
Cole Canyon Elementary School
Grades K-5 • 4.9 mi
Wildomar Elementary School
Grades K-5 • 5.0 mi
Maie Ellis Elementary
Grades K-6 • 12.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 99% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 7,995 | 2,450 | 100% |
| Lot Size | 271,814 | 7,840 | 97% |
| Price | $3.96M | $715.0K | 99% |
| Price per sq ft | $495 | $316 | 96% |
| Built year | 1990 | 1997 | 34% |
| HOA | $90.0 | $0 | 66% |
| Days on market | 548 | 184 | 100% |
Pricing History
No pricing history data available.