
Murrieta, California 92562
This Spacious Value-Add Residence is listed at $744,900, positioned relative to its $676,350 Fair Market Value. Holding a Condition Rating of 4, the property features original 1989 finishes, offering a clear path for forced appreciation through cosmetic modernization. The asset includes a Private Pool and Spa, a Three-Car Garage, and a prime corner lot within the prestigious Murrieta Valley Unified School District near Tovashal Elementary. With cathedral ceilings and a functional layout, this is a high-potential project for Value-Add Investors or Owner-Occupants seeking to build equity in a premier neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39602 Hearthstone Court Subject | $744,900* List Price | 4 | 3 | 1,927 | $351 | - |
A 23832 Matador Way Sold | $700,000 | 4 | 3 | 1,783 | $393 | 0.6 mi |
B 40146 Colony Drive Sold | $610,000 | 3 | 3 | 1,921 | $318 | 0.9 mi |
C 40136 Belvedere Court Sold | $744,000 | 4 | 3 | 2,066 | $360 | 0.5 mi |
D 23825 Matador Way Sold | $650,000 | 4 | 3 | 1,783 | $365 | 0.6 mi |
E 39823 Hillsboro Circle Sold | $639,000 | 4 | 3 | 2,066 | $309 | 0.4 mi |
F 39909 Candy Apple Pending | $669,900 List Price | 4 | 3 | 2,052 | $326 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is in mostly original condition with some minor flooring updates. The kitchen features dated tile countertops and older cabinetry, while the bathrooms retain 1980s-style fluorescent light boxes and fixtures. The listing itself notes the home needs 'a little bit of love' and offers 'potential,' indicating that while functional and maintained, it requires cosmetic modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1927.
Situated on a spacious corner lot within a quiet cul-de-sac, this property offers enhanced privacy and curb appeal in a highly desirable Murrieta neighborhood near top-rated schools.
The home features a private pool and a sought-after three-car garage, providing both a backyard oasis for entertainment and ample storage or parking space.
The property is marketed as needing 'a little bit of love,' indicating that buyers will need to invest additional capital into cosmetic updates and repairs to modernize the space.
Built in 1989, the home likely requires updates to its original systems and finishes to meet contemporary energy efficiency and design standards.
Welcome to this spacious two-story in desirable Murrieta 4 bedroom, 3 bath home, offering incredible potential for the right buyer! Situated on a prime corner lot within a quiet cul-de-sac, this property provides both privacy and curb appeal. This pool home features a functional layout with generous living spaces, vaulted ceilings in the living room, cozy fireplace in the family room and a highly sought-after three-car garage. Upstairs, you’ll find a huge master suite with cathedral ceilings, offering plenty of room to create your own private retreat. With just a little bit of love, this home can truly shine—making it a fantastic opportunity for buyers looking to customize their dream home. Don’t miss the chance to own a property with great bones in a fantastic location!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,927 | 2,427 | 30% |
| Lot Size | 7,841 | 7,840 | 51% |
| Price | $744.9K | $719.0K | 55% |
| Price per sq ft | $387 | $317 | 76% |
| Built year | 1989 | 1998 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 187 | 0% |
Apr 15, 2026
$744,900
Initial Listing
Feb 20, 1996
$1,000
Public Record
Dec 5, 1995
$2,000
Public Record