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39785 Spinning Wheel Drive, Murrieta, California 92562, Murrieta, 92562 - 5 bed, 3 bath

39785 Spinning Wheel Drive, Murrieta, California 92562 home-pic-0
ACTIVE$750,000
39785 Spinning Wheel Drive, Murrieta, California 92562
5Beds
3Baths
2,200Sqft
7,840Lot

Price Vs. Estimate

The estimated value ($705,166) is $44,834 (5%) lower than the list price ($750,000). This property may be overpriced.

Key pros and cons

Top Pros:
No HOA or Mello Roos: The absence of HOA fees and Mello Roos taxes significantly reduces monthly housing costs, offering greater financial freedom and value to the homeowner.
Top Cons:
Recent Price Reductions & Valuation Discrepancy: The property has undergone two price reductions and is currently listed 5% above its estimated market value, which may indicate a need for further price adjustment to align with market expectations.

Compared to the nearby listings

Price:$750.0K vs avg $710.0K (+$40,000)58%
Size:2,200 sqft vs avg 2,300 sqft46%
Price/sqft:$341 vs avg $32758%

More Insights

Built in 1992 (33 years old).
Condition: The property, built in 1992 (32 years old), is well-maintained with some cosmetic updates like LVP flooring in living areas and bedrooms, fresh paint, and updated stainless steel kitchen appliances. However, the kitchen features dated tile countertops and an older fluorescent ceiling light fixture. While functional, these elements show their age and would benefit from minor updates to align with current styles. The bathrooms are not pictured, but based on the kitchen, they likely also have functional but potentially dated finishes. The overall condition aligns with a home that is aged but maintained through regular upkeep and occasional updates, with major components functional but showing signs of being outdated.
Year Built
1992
Close
-
List price
$750K
Original List price
$795K
Price/Sqft
$341
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2508430
Home ConditionFair
Features
Good View: City Lights, Hills, Neighborhood
Patio
ViewCity Lights,Hills,Neighborhood

About this home

Welcome to 39785 Spinning Wheel Drive, a stunning single-story home tucked in the heart of Murrieta’s highly sought-after community. Offering 5 spacious bedrooms and 2.5 bathrooms, this residence blends comfort, functionality, and California living at it's best. Step inside to a bright and open floor plan, featuring high ceilings, abundant natural light, and a seamless flow between living spaces. The gourmet kitchen boasts tile countertops, ample cabinetry—perfect for everyday meals or entertaining. The adjoining family room with its cozy fireplace invites relaxation and gatherings. You’ll find the expansive primary suite with a spa-like en-suite bath, complete with a soaking tub, dual vanities, and walk-in closet. Additional bedrooms are generously sized, offering plenty of space for a family and guest. Outside, enjoy a beautifully landscaped backyard with a covered pergola and room for play, pets, or weekend barbecues. With no HOA and no Mello Roos, this home delivers value and freedom for it's next owner. Located just minutes from top-rated schools, shopping, dining, parks, and easy freeway access, this home combines convenience with the peace of a family-friendly neighborhood.

Nearby schools

7/10
Tovashal Elementary School
Public,•K-5•0.6mi
6/10
E. Hale Curran Elementary School
Public,•K-5•1.3mi
4/10
Ronald Reagan Elementary School
Public,•K-6•1.8mi
7/10
Antelope Hills Elementary School
Public,•K-5•1.8mi
6/10
Avaxat Elementary School
Public,•K-5•2.0mi
8/10
Rail Ranch Elementary School
Public,•K-5•2.5mi
5/10
Donald Graham Elementary School
Public,•K-6•2.7mi
7/10
Shivela Middle School
Public,•6-8•1.8mi
6/10
Thompson Middle School
Public,•6-8•2.4mi
3/10
David A. Brown Middle School
Public,•6-8•3.5mi
8/10
Murrieta Valley High School
Public,•9-12•2.3mi
8/10
Murrieta Mesa High School
Public,•9-12•2.4mi
5/10
Elsinore High School
Public,•9-12•4.3mi
Condition Rating
Fair
The property, built in 1992 (32 years old), is well-maintained with some cosmetic updates like LVP flooring in living areas and bedrooms, fresh paint, and updated stainless steel kitchen appliances. However, the kitchen features dated tile countertops and an older fluorescent ceiling light fixture. While functional, these elements show their age and would benefit from minor updates to align with current styles. The bathrooms are not pictured, but based on the kitchen, they likely also have functional but potentially dated finishes. The overall condition aligns with a home that is aged but maintained through regular upkeep and occasional updates, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

No HOA or Mello Roos: The absence of HOA fees and Mello Roos taxes significantly reduces monthly housing costs, offering greater financial freedom and value to the homeowner.
Desirable Single-Story Layout & Spacious Interior: This single-story residence features 5 bedrooms and 2.5 bathrooms, an open floor plan with high ceilings, and abundant natural light, catering to a wide range of buyers seeking comfort and accessibility.
Prime Family-Friendly Location: Situated in a highly sought-after Murrieta community, the property offers convenient access to top-rated schools, diverse shopping, dining options, parks, and major freeways, enhancing its appeal for families.
Well-Appointed Outdoor Living Space: The beautifully landscaped backyard, complete with a covered pergola, provides an ideal setting for outdoor entertaining, relaxation, and family activities.
Luxurious Primary Suite: The expansive primary suite boasts a spa-like en-suite bath featuring a soaking tub, dual vanities, and a walk-in closet, offering a private and comfortable retreat.

Cons

Recent Price Reductions & Valuation Discrepancy: The property has undergone two price reductions and is currently listed 5% above its estimated market value, which may indicate a need for further price adjustment to align with market expectations.
Dated Kitchen Finishes: While described as gourmet, the kitchen features tile countertops, which some modern buyers may perceive as dated and potentially requiring an upgrade to contemporary materials like quartz or granite.
Property Age and Potential for System Updates: Built in 1992, the home is over 30 years old, suggesting that major systems (HVAC, water heater, roof) and some interior finishes may be original or nearing the end of their typical lifespan, potentially requiring future investment.

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