39738 Columbia Union Drive B, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 3 bath

39738 Columbia Union Drive B, Murrieta, California 92563 home-pic-0
ACTIVE$550,000
39738 Columbia Union Drive B, Murrieta, California 92563
4Beds
3Baths
1,654Sqft
Lot
Year Built
2003
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$333
HOA
$300
Days on market
-
Sold On
-
MLS number
NDP2509987
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $550.0K(88th), sqft - 1654(50th), beds - 4(88th), baths - 3(50th).

Assumable loan at 3.5%. Currently being rented as a 31 day airbnb rental averaging $6500/month. Discover comfort, style, and privacy in this beautifully updated end-unit townhome nestled within the serene Old Schoolhouse gated community. Step inside to a bright, open floor plan where the fully remodeled kitchen and dining area flow seamlessly into the inviting living room, featuring a charming rock fireplace and plantation shutters. Just beyond, a private patio with full concrete surfacing offers the perfect spot for morning coffee or evening relaxation. Downstairs, you’ll also find a versatile bedroom ideal for guests or a home office, a convenient half bath, and a dedicated laundry room. Upstairs, the spacious primary suite provides a peaceful retreat with its ensuite bathroom and walk-in closet, while two additional bedrooms and a cozy niche create the perfect work-from-home setup or study space.The home also offers an attached two car garage. With new vinyl flooring and carpet installed within the past year, this home is truly move-in ready. The community offers a tranquil setting with a sparkling pool and spa—all just five minutes from shopping, top-rated schools, and freeway access.

Nearby schools

7/10
Daniel N. Buchanan Elementary School
Public,K-50.5mi
9/10
Alta Murrieta Elementary School
Public,K-50.9mi
8/10
Ysabel Barnett Elementary School
Public,K-51.0mi
8/10
Rail Ranch Elementary School
Public,K-51.7mi
6/10
Monte Vista Elementary School
Public,K-51.9mi
8/10
Nicolas Valley Elementary School
Public,K-52.2mi
9/10
Alamos Elementary School
Public,K-53.0mi
6/10
Rancho Elementary School
Public,K-53.5mi
8/10
Lisa J. Mails Elementary School
Public,K-54.2mi
8/10
French Valley Elementary School
Public,K-54.5mi
6/10
Warm Springs Middle School
Public,6-80.8mi
7/10
James L. Day Middle School
Public,6-82.1mi
7/10
Shivela Middle School
Public,6-82.4mi
8/10
Bella Vista Middle School
Public,6-83.2mi
7/10
Margarita Middle School
Public,6-83.4mi
8/10
Dorothy McElhinney Middle School
Public,6-84.2mi
9/10
Chaparral High School
Public,9-121.4mi
8/10
Vista Murrieta High School
Public,9-123.0mi
8/10
Temecula Valley High School
Public,9-124.4mi

Price History

Date
Event
Price
10/23/25
Listing
$550,000
Condition Rating
Excellent

This townhome, built in 2003, has undergone extensive renovations within the last year, including a fully remodeled kitchen with modern white shaker cabinets, stainless steel appliances, and new countertops. New vinyl flooring and carpet have been installed throughout, and the bathrooms feature updated vanities and fixtures. The property presents as virtually new in its key living areas, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
Assumable Loan: The property features an assumable loan at a highly attractive 3.5% interest rate, offering significant financial advantage in the current market.
Strong Income Potential: Currently operating as a 31-day Airbnb rental, generating an average of $6500/month, indicating robust income-generating capabilities for investors.
Move-in Ready & Updated: Boasts a fully remodeled kitchen, new vinyl flooring and carpet within the last year, and plantation shutters, making it truly move-in ready with modern finishes.
Gated Community Amenities: Located within the serene Old Schoolhouse gated community, offering security, a sparkling pool, and a spa for enhanced lifestyle and appeal.
Convenient Location: Strategically situated just five minutes from shopping, top-rated schools, and freeway access, providing excellent convenience for residents.

Cons

Association Fees: The property is subject to a $300 monthly association fee, which adds to the recurring ownership costs.
Townhome Structure: As an end-unit townhome, it inherently involves shared walls, which may offer less privacy compared to a detached single-family residence.
Airbnb Income Volatility: While currently profitable, reliance on Airbnb rental income carries potential risks due to evolving local regulations and market demand fluctuations for short-term rentals.

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