
Murrieta, California 92562
This Single Family Residence is a Strong Value Opportunity, listed at $635,000—positioned well below the $627,580 Fair Market Value by -1%. Featuring a Condition Rating of 3, the home offers modern updates including stone countertops and laminate flooring. The versatile floor plan, featuring a main-level bedroom and bath, provides excellent utility. Located near highly-rated schools like Murrieta Mesa High, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home with assumable VA financing potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39991 Falcon Way Subject | $635,000* List Price | 3 | 3 | 1,750 | $359 | - |
A 39800 Castile Sold | $670,000 | 4 | 3 | 1,850 | $362 | 0.3 mi |
B 24499 Leafwood Drive Sold | $630,000 | 3 | 3 | 1,577 | $399 | 0.4 mi |
C 40296 Via Estrada Sold | $615,000 | 3 | 3 | 1,840 | $334 | 0.5 mi |
D 39851 Wild Canary Sold | $659,000 | 3 | 3 | 1,732 | $380 | 0.6 mi |
E 24546 New Haven Dr Sold | $630,000 | 3 | 3 | 1,577 | $399 | 0.4 mi |
F 24446 Saradella Court Sold | $660,000 | 3 | 3 | 1,716 | $385 | 0.3 mi |
G 39710 Almansa Court Sold | $680,000 | 4 | 3 | 1,744 | $390 | 0.4 mi |
H 39825 Western Jay Sold | $580,000 | 3 | 3 | 1,641 | $353 | 0.5 mi |
I 39845 Teal Drive Active | $639,000 List Price | 3 | 3 | 1,750 | $365 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989 (35 years old), the property has undergone significant renovations within the last 5-15 years. The kitchen features updated stone countertops, modern stainless steel appliances, and refreshed cabinetry. The interior boasts consistent modern laminate flooring and updated fixtures. The exterior shows a well-maintained tile roof and a relatively modern HVAC condenser, making it move-in ready.
Eligible buyers have the rare opportunity to assume the seller's existing VA loan, potentially securing an interest rate significantly below current market levels for substantial savings.
The inclusion of a full bedroom and bathroom on the first floor provides excellent flexibility for multigenerational living, guests, or a professional home office setup.
The property is situated within the boundaries of top-tier schools, including Murrieta Mesa High and Rail Ranch Elementary, which supports long-term property value and family appeal.
Built in 1989, the home may feature older architectural elements or require updates to mechanical systems and cosmetic finishes to meet modern luxury standards.
At 1,750 square feet, the interior space and low-maintenance yard may feel restrictive for buyers seeking a larger estate-style home or expansive outdoor recreational space.
Welcome to 39991 Falcon Way, a beautifully maintained home nestled in the established Alta Murrieta neighborhood. Offering approximately 1,750 square feet of thoughtfully designed living space, this residence combines comfort, functionality, and an ideal location. Natural light fills the main living areas, creating a warm and inviting atmosphere for everyday living and entertaining. The kitchen flows easily into the dining and living spaces, while a cozy fireplace adds the perfect touch for relaxing evenings at home. The spacious primary suite provides a private retreat with a walk-in closet, dual sinks, a soaking tub, and a separate shower. A second upstairs bedroom features its own walk-in closet and private bathroom, offering comfort and privacy for family or guests. A full bedroom and bathroom on the main level adds flexibility for visitors, multigenerational living, or a dedicated home office. The backyard is designed for easy enjoyment with low maintenance landscaping, providing a peaceful space to unwind or entertain without the upkeep. An attached two-car garage and close proximity to shopping, dining, parks, highly rated schools, and convenient freeway access complete the package. Rare financing opportunity. Eligible VA buyers may have the opportunity to assume the seller's existing VA loan, potentially securing an interest rate well below today's market rates. Loan assumption is subject to lender approval and buyer qualification.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,750 | 2,570 |
| Lot Size | - | 7,405 |
| Price | $635.0K | $717.1K |
| Price per sq ft | $363 | $305 |
| Built year | 1989 | 2001 |
| HOA | $0 | $180 |
| Days on market | 39 | 61 |
Jun 13, 2026
$635,000
Initial Listing
Apr 6, 2023
$605,000
Public Record
Apr 17, 2015
$280,000
Public Record
Sep 1, 2010
$231,000
Public Record
Jun 24, 2005
$395,000
Public Record
Jun 4, 2003
$266,000
Public Record