39979 Fairwood Circle, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This property presents a High-Potential Investment Opportunity with a List Price of $565,000—positioned well above the $480,325 Fair Market Value by -17%. While the current pricing reflects a premium, the 2,454 sqft floor plan with a main-floor bedroom and large bonus room offers significant value-add potential. With a Condition Rating of 5, this asset requires a full interior overhaul. It is an ideal project for Fix-and-Flip Investors or Contractors seeking to maximize ARV in a neighborhood with no HOA.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39979 Fairwood Circle Subject | $565,000* List Price | 4 | 3 | 2,454 | $196 | - |
A 24330 Dr Gitano Sold | $650,000 | 3 | 3 | 2,188 | $297 | 0.6 mi |
B 40412 Via Amapola Sold | $500,000 | 3 | 3 | 1,722 | $290 | 0.8 mi |
C 24175 Via Llano Sold | $585,000 | 3 | 2 | 2,100 | $279 | 1.0 mi |
D 39946 Via Graziana Sold | $585,000 | 3 | 2 | 2,100 | $279 | 0.9 mi |
E 24502 Avenida Arconte Active | $700,000 List Price | 4 | 3 | 2,637 | $265 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989 (35 years old) and explicitly marketed as a rehabilitation project for investors. The interior shows significant wear including heavily stained carpets, dated kitchen fixtures with a fluorescent light box, and neglected landscaping. The property requires a full interior overhaul to meet modern standards.
The 2,454 sqft layout features a rare main-floor bedroom and a large bonus room, providing excellent flexibility for multi-generational living, a home office, or a gym.
Located in an established Murrieta neighborhood with no HOA fees and low property taxes, significantly enhancing the property's long-term affordability and investment appeal.
Offered as a value-add opportunity, the property is a 'blank canvas' that allows investors or flippers to maximize after-repair value (ARV) through strategic modernization.
The property is sold in 'as-is' condition and requires a full interior renovation, which will necessitate a substantial upfront capital investment for repairs and updates.
The transaction is subject to short sale approval, which typically involves longer escrow periods and higher uncertainty regarding final bank acceptance of the terms.
*INCREDIBLE POTENTIAL*39979 Fairwood Circle presents a rare opportunity for investors, flippers, and buyers seeking to add value through renovation. This spacious 4-bedroom, 3-bathroom Murrieta home is being offered as a short sale and is ideally suited for an interior rehabilitation project with significant upside potential. Featuring three bedrooms upstairs and one full bedroom on the main floor, the flexible floor plan also includes a large bonus room that can serve as a home office, recreation room, media room, gym, or potential additional bedroom. With strong bones, generous living space, and a highly functional layout, this property offers an excellent opportunity to create substantial equity and maximize after-repair value (ARV). The expansive floor plan provides ample room for modernization and customization to meet today's buyer preferences. Situated in an established neighborhood with low property taxes and no HOA, the property features an oversized driveway, abundant garage parking, and plenty of space for multiple vehicles, recreational toys, trailers, or guest parking. The interior is ready for updates and improvements, providing a blank canvas for investors and value-add buyers alike. Conveniently located near schools, parks, shopping, dining, and major commuter routes, this property combines location, size, and investment potential. Opportunities to acquire a spacious home with this much upside in Murrieta are becoming increasingly difficult to find. Bring your vision, contractor, and creativity to unlock the full potential of this value-add opportunity. Property is being sold as-is and is subject to short sale approval.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 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 | 2,454 | 2,274 | 55% |
| Lot Size | 7,841 | 7,405 | 52% |
| Price | $565.0K | $700.0K | 17% |
| Price per sq ft | $230 | $327 | 4% |
| Built year | 1989 | 1997 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 153 | 2% |
May 29, 2026
$565,000
Initial Listing
Aug 29, 2022
$615,000
Public Record
Mar 5, 2003
$294,500
Public Record
Jul 10, 2002
$270,000
Public Record