40172 Corte Peralta, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath
40172 Corte Peralta
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 40172 Corte Peralta, Murrieta, California 92562 reveals a Fairly Priced Property with a current list price of $514,000 aligned with the estimated $502,319 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40172 Corte Peralta Subject | $514,000* List Price | 2 | 2 | 1,330 | $378 | - |
A 23975 Via Pamilla Sold | $560,000 | 2 | 2 | 1,489 | $376 | 0.2 mi |
B 40380 Via Francisco Sold | $450,000 | 2 | 2 | 1,437 | $313 | 0.5 mi |
C 40633 Corte Albara Sold | $503,000 | 2 | 2 | 1,263 | $398 | 0.5 mi |
D 40306 Via Ambiente Sold | $519,000 | 3 | 2 | 1,263 | $411 | 0.3 mi |
E 40209 Corte Peralta Sold | $519,000 | 2 | 2 | 1,330 | $390 | 0.1 mi |
F 23974 Via Astuto Sold | $523,500 | 3 | 2 | 1,230 | $426 | 0.1 mi |
G 24003 Whistling Swan Pending | $599,990 List Price | 3 | 2 | 1,420 | $423 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This property, built in 1992, is exceptionally well-maintained and move-in ready. Key updates include an updated HVAC system, new vinyl fencing, an alumawood patio cover, and a recently updated guest bathroom with modern vanity and fixtures. The kitchen features newer stainless steel appliances and updated tile flooring, though the white tile countertops and original-style white cabinetry in both the kitchen and primary bathroom show signs of being dated. However, these elements are clean and fully functional, not requiring immediate renovation. The overall condition, combined with significant system and cosmetic updates, places it firmly in the 'Good' category, indicating a well-maintained home with minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional 55+ Community Amenities
The property is situated within 'The Colony,' a premier 55+ gated community offering an unparalleled array of resort-style amenities including a clubhouse, pool, spas, various sports courts, gym, library, salon, diverse activities, 24-hour security, and an 18-hole golf course.
- Desirable Single-Story Layout & Corner Lot
Features a highly sought-after single-story floor plan on a corner lot, enhanced by an inviting entry courtyard, vaulted ceilings, and abundant natural light, contributing to an open and welcoming atmosphere.
- Key System Updates & Exterior Enhancements
Benefits from an updated HVAC system, new vinyl fencing, and an alumawood patio cover, providing modern comfort and reduced immediate maintenance for the exterior.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community (55+)
The property's location within a 55+ community significantly narrows the potential buyer pool, potentially affecting market demand and resale flexibility.
- Converted Second Bedroom Closet
The second bedroom's closet has been converted into a built-in desk and storage area, which may require a buyer to invest in converting it back to a traditional closet if needed.
- Ongoing Association Fees
The monthly association fee of $348.0 represents a significant recurring cost that buyers must factor into their budget.
About 40172 Corte Peralta
Welcome home to this charming single-story 2 Bedroom / 2 Bath home located in "The Colony" one of the area's most sought after 55+ gated communities. This home is located on a corner lot with an inviting entry courtyard welcomes you into a bright, open interior featuring vaulted ceilings and lots of natural light. Enjoy plantation shutters in most rooms, along with neutral carpet and tile flooring. The kitchen features white cabinetry, a stainless steal sink, and opens to a cozy breakfast nook - perfect for morning coffee or casual meals. Enjoy both formal living and dining spaces, ideal for entertaining and everyday comfort. The spacious primary suite is a relaxing retreat with a walk-in closet and en-suite bath featuring dual sinks and a walk-in shower. The second bedroom closet was converted to a custom built-in desk and storage area which you could convert back to closet. Outside, enjoy a large private patio - perfect for gatherings or quiet evenings - along with easy care landscaping and concrete walkways around the home. Additional highlights include an indoor laundry room and a two-car garage with plenty of built-in cabinets. Also this home features updated HVAC system, vinyl fencing, alumawood patio cover and also the guest bathroom was updated. From the moment you enter The Colony itself is a premier gated senior community for residents 55+, offering a wealth of amenities, including a resort-style clubhouse, a year-round pool, two spas, and lighted pickleball, paddle tennis, and tennis courts. Residents also enjoy access to a gym, library, ping pong, billiards, and a salon for hair and nails. The community hosts a variety of groups, activities, and events, from shows and dances to concerts, bingo, and themed parties, ensuring there’s always something to do. A privately owned 18-hole golf course is conveniently located within the gates, and the HOA waters and maintains all front yards. With 24-hour security patrol and a guard-gated entrance, you can relax knowing your safety and privacy are well taken care of. Plus, the location is ideal, with easy access to shopping, dining, medical services, casinos, and wineries. This is more than a home, it's a lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 8% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,330 | 2,447 | 6% |
| Lot Size | 4,792 | 7,840 | 15% |
| Price | $514.0K | $715.0K | 3% |
| Price per sq ft | $386 | $316 | 75% |
| Built year | 1992 | 1997 | 37% |
| HOA | $348.0 | $0 | 86% |
| Days on market | 37 | 183 | 1% |
Pricing History
Listed for Sale
Jan 29, 2026
$514,000
Initial Listing
Sold
Jan 4, 2019
$324,000
Public Record
Sold
Sep 8, 1997
$145,000
Public Record