
Murrieta, California 92562
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $659,500—positioned well below the $678,070 Fair Market Value by 2%. This valuation gap offers $18,570 in Instant Equity. With a Good Condition Rating, the home features a Versatile Floor Plan with a downstairs bedroom and a New Covered Patio. Located in the prestigious Murrieta School District, it is an ideal choice for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40205 White Leaf Subject | $659,500* List Price | 5 | 3 | 2,550 | $266 | - |
A 24550 Avenida Arconte Sold | $754,000 | 5 | 4 | 2,424 | $311 | 0.3 mi |
B 39963 Via Espana Sold | $686,500 | 4 | 3 | 2,692 | $255 | 0.3 mi |
C 40132 White Leaf Lane Sold | $621,850 | 5 | 3 | 2,550 | $244 | 0.1 mi |
D 24484 Lincoln Avenue Sold | $735,000 | 5 | 3 | 2,882 | $255 | 0.4 mi |
E 24496 Avenida Arconte Sold | $750,000 | 5 | 3 | 2,902 | $258 | 0.4 mi |
F 24550 Camino Meridiana Sold | $690,000 | 4 | 3 | 2,102 | $328 | 1.0 mi |
G 40597 Symphony Park Ln Sold | $772,500 | 4 | 3 | 2,335 | $331 | 0.4 mi |
H 40156 White Leaf Lane Sold | $725,000 | 5 | 3 | 2,550 | $284 | 0.1 mi |
I 40176 Via Sonoro Pending | $750,000 List Price | 5 | 3 | 2,424 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989 (>30 years), the property is in move-in ready, turnkey condition. It features recent cosmetic updates including all-new interior and exterior paint and new carpeting. The kitchen and bathrooms have been updated with granite countertops, and while the cabinetry and some fixtures appear older, they are well-maintained and functional. The addition of a new covered patio and the overall cleanliness elevate it from Fair to Good.
The home features a rare and highly desirable downstairs bedroom with a full bathroom, perfect for multi-generational living, guests, or a private home office.
The property is move-in ready with fresh interior and exterior paint, granite countertops, and a newly installed covered patio, reducing immediate post-purchase costs.
Situated in the prestigious Murrieta school district, the home is within close proximity to high-performing schools like Murrieta Mesa High and Rail Ranch Elementary.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8712, other record lot size in square feet = 8276.
Built in 1989, the property may require upcoming maintenance or replacement of major systems like the roof or HVAC if they are original to the home.
Despite the privacy provided by the elevated backyard slope, the listing indicates no significant views, which may be a drawback for buyers seeking the area's typical vistas.
Turnkey 5 bedrooms 3 full bathrooms beautiful home, All New exterior and interior paint, Enter to an open spacious living room with fireplace and formal dining room that features Cathedral ceiling, bright & airy. Large open kitchen with Granite counter top opens to a dining area and family room with another fireplace. hard to find one Bedroom Downstairs with double doors and a full bath. Separate laundry room. 3 car garage. Upstairs are 4 bedrooms, including a large master suite with walk in closet, a large master bath with granite counter tops, bath tub. The master bedroom suit also has a balcony overlooking the backyard with fruit tree and grapevine, New covered Patio perfect for entertainment, Big Private backyard with elevated slope create a separation from back neighborhood as well as opportunity to create terrace landscaping
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,550 | 2,570 |
| Lot Size | 8,712 | 7,405 |
| Price | $659.5K | $717.1K |
| Price per sq ft | $259 | $305 |
| Built year | 1989 | 2001 |
| HOA | $0 | $180 |
| Days on market | 20 | 61 |
Jul 2, 2026
$659,500
Initial Listing
Oct 16, 2012
$260,000
Public Record
Sep 16, 2011
$232,000
Public Record