40053 Corte Fortuna, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath

40053 Corte Fortuna, Murrieta, California 92562 home-pic-0
ACTIVE$534,900
40053 Corte Fortuna, Murrieta, California 92562
3Beds
2Baths
1,764Sqft
5,227Lot
Year Built
1998
Close
-
List price
$535K
Original List price
$535K
Price/Sqft
$303
HOA
$348
Days on market
-
Sold On
-
MLS number
SW25250439
Home ConditionFair
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $534.9K(8th), sqft - 1764(25th), beds - 3(45th), baths - 2(29th).

Welcome to The Colony, a 55+ resort-style community! You’ll love this popular floorplan which features a living and dining room combination room, family room with a fireplace, three bedrooms, and two full bathrooms. There is NEW Carpet and the Refrigerator and Washer and Dryer are included. The garage features an abundance of built-in cabinets and extra space for golf cart parking, a workshop area or storage. The home backs to a beautiful greenbelt/walking trail area with no neighbors behind. The Colony is the perfect place to enjoy a full and exciting lifestyle. Choose from a wide variety of indoor and outdoor social events, sports, and clubs. See the amazing clubhouse with a lounge, banquet room with catering facilities, library, gym, atrium, game rooms, and a hair and nail salon. There is a beautiful oasis swimming pool, two spas, an outdoor BBQ area, and lighted tennis and Pickleball / Paddle Tennis courts. There are too many groups and activities to list! The HOA waters and maintains the front yard landscaping. The Cal Oaks Golf Course is located within the community. You and your home are protected within a 24-hour gate-guarded, master-planned community. The Colony is strategically located near shopping, medical centers, parks, the world-renowned Temecula Valley wineries, and Pechanga Casino Resort and Spa!

Nearby schools

7/10
Tovashal Elementary School
Public,K-50.7mi
6/10
E. Hale Curran Elementary School
Public,K-50.7mi
6/10
Avaxat Elementary School
Public,K-51.8mi
7/10
Antelope Hills Elementary School
Public,K-51.9mi
4/10
Ronald Reagan Elementary School
Public,K-62.0mi
8/10
Rail Ranch Elementary School
Public,K-52.3mi
5/10
Donald Graham Elementary School
Public,K-62.9mi
7/10
Shivela Middle School
Public,6-81.3mi
6/10
Thompson Middle School
Public,6-81.9mi
3/10
David A. Brown Middle School
Public,6-83.5mi
8/10
Murrieta Valley High School
Public,9-121.8mi
8/10
Murrieta Mesa High School
Public,9-121.9mi
5/10
Elsinore High School
Public,9-124.5mi

Price History

Date
Event
Price
11/26/25
Listing
$534,900
10/28/11
Sold
$220,000
03/17/06
Sold
$380,000
09/30/05
Sold
$389,000
05/04/04
Sold
$340,000
10/26/98
Sold
$177,000
Condition Rating
Fair

Built in 1998, this property shows signs of regular maintenance and some recent minor updates, such as new carpet and a modern kitchen backsplash. However, the kitchen features dated oak cabinets and tile countertops, and the bathrooms also present older tile flooring and vanity styles. While functional and clean, these key areas indicate the property is aged and would benefit from minor updates to meet current aesthetic standards, aligning with a 'Fair' condition rating.
Pros & Cons

Pros

Extensive 55+ Community Amenities: The Colony offers a resort-style living experience with a vast array of amenities including a clubhouse, lounge, banquet room, library, gym, pool, spas, BBQ area, tennis, and pickleball courts, fostering an active and social lifestyle.
Prime Location within Gated Community: Situated in a 24-hour gate-guarded, master-planned community with an on-site golf course, the property benefits from enhanced security and convenient access to shopping, medical centers, Temecula Valley wineries, and Pechanga Casino.
Greenbelt Location & Privacy: The home backs directly to a beautiful greenbelt and walking trail, providing scenic views, enhanced privacy with no rear neighbors, and direct access to outdoor recreation.
Recent Updates & Included Appliances: The property features new carpet throughout and includes a refrigerator, washer, and dryer, offering immediate value and reducing move-in costs for the buyer.
Functional Garage with Storage: The garage is well-equipped with abundant built-in cabinets and extra space, ideal for golf cart parking, a workshop area, or additional storage, catering to practical needs.

Cons

Age-Restricted Community (55+): The property is located within a 55+ community, which significantly limits the potential buyer pool and may impact marketability and resale value to a broader demographic.
High Monthly HOA Fees: A substantial monthly association fee of $348.00 adds a significant recurring cost to homeownership, which could be a deterrent for some prospective buyers.
Original Construction Year with Limited Updates Mentioned: Built in 1998, while new carpet is noted, the description does not specify updates to other major components like the kitchen (beyond 'popular floorplan'), bathrooms, or HVAC, suggesting these areas may be original and could require future investment.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state