40053 Corte Fortuna, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath
40053 Corte Fortuna
Murrieta, California 92562
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40053 Corte Fortuna Subject | $524,900* List Price | 3 | 2 | 1,764 | $298 | - |
A 23825 Matador Way Sold | $650,000 | 4 | 3 | 1,783 | $365 | 0.2 mi |
B 40364 Via Marisa Sold | $518,000 | 3 | 2 | 1,767 | $293 | 0.8 mi |
C 40723 Mountain Pride Sold | $595,000 | 3 | 3 | 1,826 | $326 | 0.5 mi |
D 39946 Via Graziana Sold | $585,000 | 3 | 2 | 2,100 | $279 | 0.8 mi |
E 39899 Tanager Trail Sold | $580,000 | 3 | 2 | 1,641 | $353 | 0.4 mi |
F 23835 Cork Oak Circle Sold | $619,000 | 3 | 3 | 1,646 | $376 | 0.8 mi |
G 40465 Via Camposeco Active | $624,999 List Price | 3 | 2 | 2,068 | $302 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1998, this home is well-maintained and move-in ready with recent updates like new carpeting and a kitchen backsplash. However, it retains many original features such as oak cabinetry, white tile countertops, and dated light fixtures. Per the criteria, it falls into the 'fair' category as it is over 20 years old and, while functional and clean, lacks a comprehensive modern renovation of the kitchen and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Located in 'The Colony,' residents have access to a premier clubhouse, oasis pool, gym, hair salon, and courts for tennis and pickleball.
- Prime Lot Location
The property backs to a beautiful greenbelt and walking trail with no neighbors directly behind, offering enhanced privacy and pleasant views.
- Enhanced Garage Functionality
The garage features abundant built-in cabinetry and extra space specifically designed for golf cart parking, a workshop, or additional storage.
CONSRISKS & DEFICIENCIES
- Age-Restricted Demographic
As a 55+ community, the potential buyer pool is limited to a specific age group, which can impact long-term resale flexibility.
- Recurring HOA Expenses
The monthly association fee of $348 represents a significant recurring carrying cost that must be factored into the buyer's monthly budget.
- Dated Construction Era
Built in 1998, the home may require additional capital improvements to kitchens or bathrooms to align with modern luxury standards beyond the new carpeting.
About 40053 Corte Fortuna
Price improvement! 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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $348.0 / Month
Neighborhood Insights
Murrieta Unified Schools
Tovashal Elementary School
Grades K-5 • 0.7 mi
E. Hale Curran Elementary School
Grades K-5 • 0.7 mi
Avaxat Elementary School
Grades K-5 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,764 | 2,447 | 22% |
| Lot Size | 5,227 | 7,840 | 21% |
| Price | $524.9K | $715.0K | 7% |
| Price per sq ft | $298 | $316 | 39% |
| Built year | 1998 | 1997 | 51% |
| HOA | $348.0 | $0 | 86% |
| Days on market | 101 | 183 | 11% |
Pricing History
Listed for Sale
Feb 17, 2026
$524,900
$529,900
-1% Price Drop
Initial Listing
Price Change
Jan 14, 2026
$529,900
$534,900
-1% Price Drop
Initial Listing
Price Change
Nov 26, 2025
$534,900
Initial Listing
Sold
Oct 28, 2011
$220,000
Public Record
Sold
Mar 17, 2006
$380,000
Public Record
Sold
Sep 30, 2005
$389,000
Public Record
Sold
May 4, 2004
$340,000
Public Record
Sold
Oct 26, 1998
$177,000
Public Record