
Murrieta, California 92562
This Move-In Ready Single-Story Home is a Strong Value Opportunity, listed at $614,900—positioned above the $579,497 Fair Market Value. While priced slightly above the current estimate, the property features a Good Condition Rating with significant mechanical upgrades, including newer PEX plumbing, HVAC, and water heater. Located in the prestigious Murrieta school district near top-rated schools, this residence offers a functional layout with a private patio and refreshed landscaping. It is an ideal acquisition for first-time buyers or owner-occupants seeking a stable, low-maintenance lifestyle in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40115 Ravenwood Subject | $614,900* List Price | 3 | 2 | 1,480 | $392 | - |
A 24499 Leafwood Drive Sold | $630,000 | 3 | 3 | 1,577 | $399 | 0.8 mi |
B 40160 Calle Yorba Sold | $585,000 | 3 | 2 | 1,200 | $488 | 0.1 mi |
C 24546 New Haven Dr Sold | $630,000 | 3 | 3 | 1,577 | $399 | 0.7 mi |
D 24646 Leafwood Drive Sold | $605,000 | 3 | 2 | 1,322 | $458 | 0.7 mi |
E 24570 New Haven Drive Sold | $634,000 | 3 | 3 | 1,577 | $402 | 0.7 mi |
F 24428 Oakridge Cir Active Under Contract | $600,000 List Price | 3 | 2 | 1,400 | $429 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1988 but features significant recent updates that make it move-in ready. Key systems have been replaced, including newer HVAC, water heater, and PEX plumbing. The interior has been refreshed with newer vinyl plank flooring, fresh paint, and stainless steel appliances. While the kitchen tile and bathroom Formica countertops are dated materials, the overall maintenance and system upgrades align with the 'Good' criteria.
The property boasts significant recent capital improvements including newer PEX water lines, a newer HVAC system, and a newer water heater, providing buyers with essential peace of mind and reduced immediate maintenance costs.
The desirable one-level floor plan features an open flow between the living areas and the kitchen, complemented by fresh interior paint and modern vinyl plank flooring that enhances the sense of space.
Situated within the prestigious Murrieta school district, the home is conveniently located near high-performing schools such as Murrieta Mesa High and Rail Ranch Elementary, both carrying an 8/10 rating.
With a lot size of 4,792 square feet, the outdoor space is relatively compact for a detached residence in this market, which may restrict buyers looking for expansive yards or significant privacy.
Despite the updates, the use of tile countertops in the kitchen and Formica in the bathrooms may be viewed as a drawback by buyers expecting premium stone surfaces like quartz or granite at this price point.
Welcome to this beautifully updated single-story home offering a wonderful blend of style, comfort, and functionality. Fresh interior and exterior paint, newer vinyl plank flooring throughout the living room, hallway, and bedrooms, and numerous updated light fixtures create a bright, inviting atmosphere from the moment you enter. The spacious living room features a large picture window that fills the space with natural light, along with a cozy fireplace that serves as an attractive focal point. Adjacent to the living room, the formal dining area provides an open layout that's perfect for everyday living and entertaining. The updated kitchen features freshly painted white cabinetry, sparkling white tile countertops, a breakfast bar, stainless steel sink, stainless steel gas range, stainless steel dishwasher, and stainless steel exhaust hood. The kitchen opens to an informal dining area and a comfortable sitting area with sliding glass doors leading to the backyard, creating an easy indoor-outdoor flow. Throughout the home you'll find newer window blinds and a Smart thermostat for added convenience. The kitchen, informal dining area, and sitting area are finished with attractive stone-look tile flooring. Both bathrooms have been thoughtfully refreshed with newer stone-look Formica countertops. The hall bathroom includes a newer toilet, while the primary bathroom offers newer cabinetry, countertop, and toilet. Additional valuable improvements include newer overhead PEX water supply lines, newer air conditioning and forced-air heating systems, and a newer water heater, providing added peace of mind. Outside, the recently refreshed landscaping enhances the home's curb appeal with newer artificial turf in the front yard and newer sod and landscaping in the backyard, creating inviting outdoor spaces to relax or entertain. With its extensive updates, functional single-story floor plan, and move-in-ready appeal, this home is an exceptional opportunity you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,480 | 2,570 |
| Lot Size | 4,792 | 7,405 |
| Price | $614.9K | $717.1K |
| Price per sq ft | $415 | $305 |
| Built year | 1988 | 2001 |
| HOA | $0 | $180 |
| Days on market | 12 | 61 |
Jul 10, 2026
$614,900
Initial Listing