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40370 Via Francisco, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath

40370 Via Francisco, Murrieta, California 92562 home-pic-0
ACTIVE$565,000
40370 Via Francisco, Murrieta, California 92562
2Beds
2Baths
1,727Sqft
4,792Lot

Price Vs. Estimate

The estimated value ($564,000) is $1,000 (0%) lower than the list price ($565,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Upgrades: The property features numerous recent updates including a beautifully remodeled hall bathroom, an upgraded master bathroom, an updated kitchen with modern appliances, new flooring (wood, LVP), recessed lighting, and plantation shutters throughout, offering a move-in ready experience.
Top Cons:
Limited Buyer Pool: As a 55+ community, the property's market appeal is restricted to a specific demographic, potentially impacting resale value and time on market compared to unrestricted properties.

Compared to the nearby listings

Price:$565.0K vs avg $710.0K ($-145,000)14%
Size:1,727 sqft vs avg 2,300 sqft23%
Price/sqft:$327 vs avg $32750%

More Insights

Built in 1989 (36 years old).
Condition: The property, built in 1989, has undergone significant and recent updates, making it move-in ready. The kitchen features modern appliances and wood-grain tile flooring, though the cabinet style appears to be an older, well-maintained wood. Both bathrooms are beautifully remodeled with porcelain tile, new vanities, and upgraded fixtures, including granite countertops in the master. Other notable improvements include wood and LVP flooring throughout, dual-pane windows, solar power, and a whole house fan, indicating well-maintained and updated systems. While not a full, top-to-bottom renovation within the last 5 years, the extensive updates align perfectly with the 'Good' score criteria for a property of its age.
Year Built
1989
Close
-
List price
$565K
Original List price
$565K
Price/Sqft
$327
HOA
$348
Days on market
-
Sold On
-
MLS number
PW25062188
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Patio
ViewNeighborhood, Trees/Woods

About this home

Discover resort-style living in The Colony, a 55+ community gem! Don't miss this RARE 2 bedroom PLUS office floor plan with no one behind you! Upon arrival, a private, gated entrance leads to a peaceful courtyard, wrapping around to the serene and private back patio featuring low maintenance, water-conserving plants and a “aluma-wood” patio cover with dimmable LED lights and an outdoor ceiling fan. Inside, an open floor plan is flooded with natural light through skylights and solar tubes, complemented by vaulted ceilings, recessed lighting, ceiling fans, and wood floors in the dining and living room. The addition of a warm fireplace and built-in cabinets creates a cozy and inviting living space. The updated kitchen showcases wood-grain tile flooring, modern appliances, and plantation shutters. Additionally, the cozy breakfast nook includes a built-in dining booth with storage. The hall bathroom, beautifully remodeled, showcases porcelain tile flooring, an inviting soaker tub/tile shower combo, a new vanity, upgraded accessories, and enhanced natural light with a solar tube. The master suite is a retreat with wood floors, vaulted ceilings, a ceiling fan, built-in storage, plantation shutters, walk-in closet, and an upgraded bathroom with porcelain tile flooring, granite countertops, a walk-in shower, plantation shutters, and a storage window seat. The second bedroom features LVP flooring, plantation shutters, a remote-operated LED ceiling fan, and a walk-in closet. A rare additional office offers wood flooring, built-ins, a vaulted ceiling with a skylight, and a door leading to the patio with a retractable screen door. The garage is equipped with LED lighting, ample built-in storage, and a pull-down attic door for additional storage. Embrace sustainable living with solar power, ensuring low monthly payments, dual pane windows, and an energy efficient whole house fan. Dual-pane windows throughout! The Colony is a guard gated community with many amenities including pools, organized activities, clubs, tennis, golf, and more! 40370 Via Francisco; You Will LOVE Living Here! SELLER OFFERING A 1% INTEREST RATE BUYDOWN FOR THE BUYER - Subject to cross qualifying with seller's agent and lender approval. GREAT OPPORTUNITY TO REDUCE YOUR MONTHLY PAYMENTS!

Nearby schools

6/10
E. Hale Curran Elementary School
Public,•K-5•0.7mi
7/10
Tovashal Elementary School
Public,•K-5•1.0mi
6/10
Avaxat Elementary School
Public,•K-5•1.1mi
8/10
Rail Ranch Elementary School
Public,•K-5•1.7mi
7/10
Antelope Hills Elementary School
Public,•K-5•1.7mi
4/10
Ronald Reagan Elementary School
Public,•K-6•2.9mi
5/10
Donald Graham Elementary School
Public,•K-6•3.7mi
7/10
Shivela Middle School
Public,•6-8•0.5mi
6/10
Thompson Middle School
Public,•6-8•1.8mi
3/10
David A. Brown Middle School
Public,•6-8•4.1mi
8/10
Murrieta Mesa High School
Public,•9-12•1.1mi
8/10
Murrieta Valley High School
Public,•9-12•1.7mi
5/10
Elsinore High School
Public,•9-12•5.4mi
Condition Rating
Good
The property, built in 1989, has undergone significant and recent updates, making it move-in ready. The kitchen features modern appliances and wood-grain tile flooring, though the cabinet style appears to be an older, well-maintained wood. Both bathrooms are beautifully remodeled with porcelain tile, new vanities, and upgraded fixtures, including granite countertops in the master. Other notable improvements include wood and LVP flooring throughout, dual-pane windows, solar power, and a whole house fan, indicating well-maintained and updated systems. While not a full, top-to-bottom renovation within the last 5 years, the extensive updates align perfectly with the 'Good' score criteria for a property of its age.
Pros & Cons

Pros

Extensive Modern Upgrades: The property features numerous recent updates including a beautifully remodeled hall bathroom, an upgraded master bathroom, an updated kitchen with modern appliances, new flooring (wood, LVP), recessed lighting, and plantation shutters throughout, offering a move-in ready experience.
Versatile Floor Plan with Dedicated Office: This rare 2-bedroom plus office floor plan provides exceptional versatility, ideal for a home office, hobby room, or additional guest space, a highly desirable feature within a 55+ community.
Comprehensive Community Amenities & Security: Located within The Colony, a guard-gated 55+ community, residents benefit from resort-style amenities such as pools, organized activities, clubs, tennis, golf, a clubhouse, gym, salon, and 24/7 security, fostering an active and secure lifestyle.
Exceptional Energy Efficiency: The home boasts significant energy-saving features including owned solar power for low monthly payments, dual-pane windows, and an energy-efficient whole house fan, contributing to reduced utility costs.
Private & Enhanced Outdoor Living: A private, gated courtyard and a serene, private back patio with an 'aluma-wood' cover, dimmable LED lights, outdoor ceiling fan, and low-maintenance, water-conserving plants create an inviting outdoor oasis with no rear neighbors.

Cons

Limited Buyer Pool: As a 55+ community, the property's market appeal is restricted to a specific demographic, potentially impacting resale value and time on market compared to unrestricted properties.
Absence of Central Air Conditioning: While equipped with a whole house fan, the description does not mention central air conditioning, which could be a significant comfort concern and a costly upgrade for a new owner in Murrieta's warm climate.
Ongoing Association Fees: The monthly association fee of $348, while covering community amenities and front yard maintenance, represents a recurring cost that must be factored into a buyer's long-term budget.

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