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40221 Colony Drive, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 3 bath

40221 Colony Drive, Murrieta, California 92562 home-pic-0
ACTIVE$675,000
40221 Colony Drive, Murrieta, California 92562
3Beds
3Baths
2,086Sqft
6,098Lot
Year Built
1998
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$324
HOA
$333
Days on market
-
Sold On
-
MLS number
IG25139451
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $675.0K(40th), sqft - 2086(41th), beds - 3(45th), baths - 3(50th).

Beautiful Turnkey East Facing Home in The Colony a 55 plus Gated Community. Enter the 2 BD 2.5 Ba Home through your own gated courtyard. Step into the home through the formal living room area with a den office to the left, with elegant built in bookshelves. Notice the beautiful blonde wood floors. The dining, kitchen and great room area are located in the back of the home with a gorgeous marble fireplace. The kitchen is equipped with an island and gas cook top, and adorned with granite counter tops. Plenty of counter and cupboard space for chef's needs! The Ensuite is located towards the back of the home adorned with a Cove wall and windows for additional natural light. The Ensuite has a walk in closet with a skylight. The guest bedroom is located in the front of the home. Off the Great room is the entrance to the backyard patio area adorned by a wood covered area great to keep the summer sun and fall rain off while entertaining. Conveniently, there is Two car garage with an additional GOLF CART GARAGE. This home is one to put on your list to view!

Nearby schools

6/10
E. Hale Curran Elementary School
Public,•K-5•0.3mi
7/10
Tovashal Elementary School
Public,•K-5•0.9mi
6/10
Avaxat Elementary School
Public,•K-5•1.6mi
7/10
Antelope Hills Elementary School
Public,•K-5•2.0mi
8/10
Rail Ranch Elementary School
Public,•K-5•2.2mi
4/10
Ronald Reagan Elementary School
Public,•K-6•2.3mi
5/10
Donald Graham Elementary School
Public,•K-6•3.1mi
7/10
Shivela Middle School
Public,•6-8•1.0mi
6/10
Thompson Middle School
Public,•6-8•1.6mi
3/10
David A. Brown Middle School
Public,•6-8•3.6mi
8/10
Murrieta Valley High School
Public,•9-12•1.5mi
8/10
Murrieta Mesa High School
Public,•9-12•1.5mi
5/10
Elsinore High School
Public,•9-12•4.8mi

Price History

Date
Event
Price
06/20/25
Listing
$675,000
Condition Rating
Fair
The property, built in 1998, is well-maintained and described as 'turnkey,' but the kitchen and bathrooms show signs of being outdated. The kitchen features honey oak cabinets, white appliances, and a dated wallpaper border, despite having granite countertops. Bathrooms have tiled countertops and light wood vanities, consistent with late 90s/early 2000s styling. While functional and clean, the home requires cosmetic updates to meet current aesthetic standards, aligning with the 'Fair' category criteria for a home built over 20 years ago with functional but outdated components.
Pros & Cons

Pros

Gated 55+ Community: The property is situated within 'The Colony,' a secure, gated 55+ community, offering a tailored lifestyle and enhanced security for its residents.
Turnkey & Updated Interior: Described as 'Beautiful Turnkey,' the home features blonde wood floors, a gorgeous marble fireplace, and an updated kitchen with an island, gas cooktop, and granite countertops.
Specialized Garage Space: Includes a two-car garage plus an additional dedicated golf cart garage, a highly desirable amenity for a 55+ community.
Versatile Den/Office: A dedicated den/office with elegant built-in bookshelves provides valuable flexible space for work, hobbies, or a library.
Comfortable Outdoor Patio: The backyard features a wood-covered patio area, ideal for outdoor entertaining and protection from sun and rain.

Cons

Age-Restricted Market: Being part of a 55+ community significantly narrows the potential buyer pool, which can impact market demand and resale value.
Absence of Mentioned Cooling System: The property description does not specify the presence of an air conditioning system, a crucial comfort feature in Murrieta's climate.
Standard Neighborhood View: While the property 'has_view,' it is explicitly noted as a 'Neighborhood' view, which typically offers less appeal and value compared to premium views.

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