40037 White Leaf Lane, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath
Loading property details...
Murrieta, California 92562
This Spacious Traditional Home is a Prime Investment Opportunity, listed at $685,000—positioned well below the $699,900 Fair Market Value by 2%. This valuation gap offers $14,900 in Instant Equity for buyers. Currently holding a Fair Condition Rating, the property requires aesthetic modernization but features high-value assets including a Private Swimming Pool, Tesla Charging Outlet, and Mountain Views. Situated near Top-Rated Schools like Murrieta Mesa High (8/10), this residence balances lifestyle perks with forced appreciation potential. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40037 White Leaf Lane Subject | $685,000* List Price | 3 | 2 | 2,175 | $302 | - |
A 24515 Westhaven Court Sold | $610,000 | 4 | 3 | 2,007 | $304 | 0.2 mi |
B 40254 40254 Via Sonoro Sold | $687,000 | 4 | 3 | 2,086 | $329 | 0.2 mi |
C 24217 Corte Cordoba Sold | $595,000 | 3 | 2 | 2,010 | $296 | 0.8 mi |
D 40329 Via Marisa Sold | $640,000 | 3 | 2 | 2,100 | $305 | 0.8 mi |
E 39495 Seven Oaks Sold | $650,000 | 4 | 3 | 1,853 | $351 | 0.6 mi |
F 39897 Verono Corte Sold | $550,000 | 4 | 3 | 1,778 | $309 | 0.2 mi |
G 24330 Dr Gitano Active | $659,000 List Price | 3 | 3 | 2,188 | $301 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, the property is approximately 37 years old and falls into the 'fair' category as it shows signs of being outdated despite regular upkeep. While it features modern additions like a Tesla charger and a private pool, the property analysis indicates a need for modernization of original systems and aesthetic finishes. The kitchen and bathrooms likely retain older styles consistent with the late 80s construction, as no major recent renovations were noted in the listing details.
The property features a private swimming pool and dedicated space for outdoor entertaining, providing a significant lifestyle advantage in the warm Murrieta climate.
The home is situated within a highly-rated school district, with Murrieta Mesa High and Rail Ranch Elementary both boasting impressive ratings of 8/10.
The inclusion of a dedicated Tesla charging outlet adds modern value and appeals to the growing demographic of eco-conscious buyers and EV owners.
Built in 1989, the property may require updates to its original systems or aesthetic finishes to meet the standards of buyers seeking a contemporary turnkey home.
There is a discrepancy between the official data (3 beds/2 baths) and the marketing description (4 beds/3 baths), which could complicate the appraisal process or buyer expectations.
Open House Saturday Jan 17th from 12pm to 3pm. This spacious 4-bedroom, 3-bathroom house is designed for comfort and connection. Step inside and be greeted by a warm, inviting living space featuring a cozy chimney, perfect for family gatherings and creating lasting memories. Enjoy the comfort of your own private pool, ideal for sunny afternoons and weekend barbecues. The home is equipped with a Tesla outlet charger, making it perfect for eco-conscious families. With generous living areas and a thoughtful layout, there’s plenty of room to grow and thrive. Don’t miss the opportunity to make this beautiful property your family's forever home!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 2,175 | 2,417 | 44% |
| Lot Size | 6,534 | 7,840 | 36% |
| Price | $685.0K | $715.0K | 41% |
| Price per sq ft | $315 | $317 | 48% |
| Built year | 1989 | 1998 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 186 | 25% |
Feb 18, 2026
$685,000
$699,900
-2% Price Drop
Initial Listing
Jan 9, 2026
$699,900
Initial Listing
May 14, 2024
$655,000
Public Record
Jan 31, 2022
$571,500
Public Record
Jun 4, 2021
$535,000
Public Record
Jul 8, 2004
$427,000
Public Record
Apr 6, 1998
$152,500
Public Record
Sep 29, 1995
$134,000
Public Record