
Murrieta, California 92563
This Expansive Multi-Generational Residence is a High-Potential Investment Opportunity listed at $939,000—positioned well below the $1,064,929 Fair Market Value by 11%. This valuation gap provides $125,929 in Instant Equity. Maintained in Good Condition, the 4,666 sqft interior features 8 bedrooms, a private pool, and zoned AC across three levels. Located in a gated community near 9/10 rated schools like Alta Murrieta Elementary and Chaparral High, it offers rare scale and lifestyle. This is an ideal acquisition for Multi-Generational Households or Owner-Occupants seeking significant space and immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39673 Montebello Way Subject | $939,000* List Price | 8 | 5 | 4,666 | $228 | - |
A 40277 Jacob Way Sold | $779,950 | 6 | 5 | 4,063 | $192 | 0.7 mi |
B 26300 Alcott Union Drive Active Under Contract | $824,800 List Price | 8 | 5 | 4,666 | $177 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, fitting the 'good' criteria despite being built 24 years ago. It features significant recent updates including kitchen appliances that are approximately one year old, updated wood-look flooring, and fresh interior paint. The home is described as turn-key with well-maintained major systems, including separate AC units for each of the three levels, and the overall aesthetic is clean and functional with no immediate renovations required.
Elementary School: Alta Murrieta Elementary School (9/10). High School: Chaparral High School (9/10).
With 8 bedrooms distributed across three levels and two bedrooms located on the main floor, this residence offers exceptional flexibility for large households or multi-generational living arrangements.
The home is thoughtfully equipped with separate AC systems for each of the three floors, ensuring optimal temperature management and energy efficiency for such a substantial living space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 11.
The massive 4,666 square foot structure on a 7,405 square foot lot leaves limited traditional yard space, as much of the outdoor area is occupied by the pool and the home's footprint.
The 8-bedroom configuration is highly specialized, which may result in a longer resale period as it targets a specific, smaller segment of the buyer market compared to standard family homes.
Located within the gated Old School House community, this highly upgraded, turn key three-level residence offers exceptional flexibility for multi-generational living, large households, or those seeking generous space to live, work, and entertain. Thoughtfully designed with 8 bedrooms across three levels and separate AC systems for each floor, the home provides both comfort and privacy throughout. The first floor features the main living spaces including the kitchen, dining room, living room, and family room, along with two bedrooms—ideal for guests, extended family, or a private home office. The kitchen is equipped with appliances approximately one year old, offering both style and functionality. On the second floor, the spacious primary suite is complemented by five additional bedrooms and a versatile family room/flex space, perfect for a media room, playroom, or additional living area. The third level offers a private bedroom or flex space, creating an ideal retreat for guests, a studio, or a quiet workspace. Step outside to enjoy the private backyard with pool, perfect for relaxing or entertaining. Ideally located just minutes from shopping, dining, and convenient freeway access, this impressive Murrieta home offers a rare combination of space, versatility, and convenience in one of Murrieta’s desirable gated communities. All information provided is deemed reliable but not guaranteed. Buyer and Buyer’s Agent are encouraged to conduct their own due diligence and verify all aspects of the property to their satisfaction.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 99% |
| Baths | 5.0 | 3.0 | 96% |
| Square foot | 4,666 | 2,524 | 99% |
| Lot Size | 7,405 | 6,970 | 51% |
| Price | $939.0K | $700.0K | 96% |
| Price per sq ft | $201 | $289 | 3% |
| Built year | 2002 | 2003 | 41% |
| HOA | $85.0 | $0 | 74% |
| Days on market | 27 | 180 | 1% |
Mar 26, 2026
$939,000
Initial Listing
May 31, 2013
$377,000
Public Record
Nov 27, 2002
$357,500
Public Record