40295 Via Francisco, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 3 bath

40295 Via Francisco, Murrieta, California 92562 home-pic-0
ACTIVE$595,000
40295 Via Francisco, Murrieta, California 92562
2Beds
3Baths
1,722Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($595,000) is $0 (0%) lower than the list price ($595,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional 55+ Community Amenities: Located within 'The Colony,' a resort-style gated community for adults 55+, offering a clubhouse, year-round pool, two spas, lighted courts (pickleball, paddle, tennis), gym, library, and a vibrant social calendar including a wine club.
Top Cons:
Age-Restricted Community: The property is situated in a 55+ community, which significantly limits the potential buyer pool and marketability.

Compared to the nearby listings

Price:$595.0K vs avg $710.0K ($-115,000)22%
Size:1,722 sqft vs avg 2,300 sqft22%
Price/sqft:$346 vs avg $32760%

More Insights

Built in 1989 (36 years old).
Condition: Despite being built in 1989, this property has undergone extensive and recent renovations, bringing it to a virtually new condition. The description highlights 'extensive upgrades,' 'new engineered hardwood flooring,' 'ceramic tile, and upgraded carpet.' The kitchen features modern raised-height cabinetry, soft-close drawers, rain-glass inserts, and quartz countertops, all appearing new and stylish in the images. Bathrooms are also thoroughly remodeled with modern vanities, quartz, and walk-in showers. Key systems like the water heater (6 months old) and A/C motor (3 months old) are practically brand new. The overall aesthetic is fresh, modern, and move-in ready with no deferred maintenance visible or indicated for major components.
Year Built
1989
Close
-
List price
$595K
Original List price
$595K
Price/Sqft
$346
HOA
$348
Days on market
-
Sold On
-
MLS number
SW25221604
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

This 2-bedroom with a loft or 3rd bedroom with some slight modifications 3-bath residence showcases extensive upgrades and thoughtful details throughout. The main level features new engineered hardwood flooring, ceramic tile, and upgraded carpet. Plantation shutter throughout, while the primary suite with walk in shower offers convenient downstairs living. The kitchen has been enhanced with raised-height cabinetry, soft-close drawers, and elegant rain-glass inserts on select doors and the pantry. Quartz countertops throughout the home add a timeless, upscale finish.-in. Hard-wired TVs add convenience, and the upstairs bathroom features a remodeled walk in shower and tub. Recent system upgrades include a 6-month-old water heater and an A/C unit with a new motor installed just 3 months ago. The garage provides permanent extended steel shelving and additional plywood rafter storage. Outdoors, the home is framed by lush landscaping, complemented by night lighting and a recently rebuilt patio overhang—also enhanced with lighting for evening enjoyment. Tucked within a peaceful, resort-style setting, The Colony is one of Southern California's most welcoming gated communities for adults 55 and better. Residents enjoy a beautifully designed clubhouse with a year-round pool, two spas, lighted courts for pickleball, paddle, and tennis, along with a well-equipped gym, a library, and plenty of spaces for games and gatherings. The community calendar is always full—whether it's a round of ping pong, a friendly match on the courts, or a social event. One of the most cherished traditions is the wine club, which offers tours and relaxed afternoons at Temecula's world-class wineries, making it easy to connect with neighbors while savoring the local charm. This particular home is one of the finest opportunities currently available in The Colony. Beyond the property itself, what you'll discover here is a warm, welcoming environment and the promise of your next chapter filled with comfort, connection, and ease. Front and all common area landscape is managed by the HOA.

Condition Rating
Excellent

Despite being built in 1989, this property has undergone extensive and recent renovations, bringing it to a virtually new condition. The description highlights 'extensive upgrades,' 'new engineered hardwood flooring,' 'ceramic tile, and upgraded carpet.' The kitchen features modern raised-height cabinetry, soft-close drawers, rain-glass inserts, and quartz countertops, all appearing new and stylish in the images. Bathrooms are also thoroughly remodeled with modern vanities, quartz, and walk-in showers. Key systems like the water heater (6 months old) and A/C motor (3 months old) are practically brand new. The overall aesthetic is fresh, modern, and move-in ready with no deferred maintenance visible or indicated for major components.
Pros & Cons

Pros

Exceptional 55+ Community Amenities: Located within 'The Colony,' a resort-style gated community for adults 55+, offering a clubhouse, year-round pool, two spas, lighted courts (pickleball, paddle, tennis), gym, library, and a vibrant social calendar including a wine club.
Extensive Interior Upgrades: The home features new engineered hardwood flooring, ceramic tile, upgraded carpet, plantation shutters, a kitchen with raised-height cabinetry, soft-close drawers, rain-glass inserts, and quartz countertops throughout, providing a modern and upscale finish.
Recent System Updates: Key systems have been recently updated, including a 6-month-old water heater and an A/C unit with a new motor installed just 3 months ago, reducing immediate maintenance concerns for a new owner.
Convenient Downstairs Primary Suite: The primary suite, complete with a walk-in shower, is conveniently located on the main level, offering desirable single-story living for the target demographic.
Enhanced Outdoor Living & HOA Maintenance: Lush landscaping with night lighting, a recently rebuilt patio overhang with lighting, and HOA management of front and common area landscaping contribute to curb appeal and low-maintenance outdoor enjoyment.

Cons

Age-Restricted Community: The property is situated in a 55+ community, which significantly limits the potential buyer pool and marketability.
Recurring HOA Fees: A monthly association fee of $348.0 is a notable recurring expense that buyers must factor into their budget.
Original Construction Year: While extensively upgraded, the home was built in 1989, meaning some underlying structural or system components (e.g., plumbing, electrical) may be original and could require future attention, despite recent HVAC and water heater updates.

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