40399 Jennings Drive, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath

40399 Jennings Drive
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 40399 Jennings Drive, Murrieta, California 92562 reveals a Fairly Priced Property with a current list price of $699,900 aligned with the estimated $680,902 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 |
|---|---|---|---|---|---|---|
★ 40399 Jennings Drive Subject | $699,900* List Price | 4 | 3 | 2,725 | $250 | - |
A 23791 Via De Gema Linda Sold | $680,000 | 4 | 3 | 2,591 | $262 | 0.3 mi |
B 23501 Brigin Place Sold | $865,000 | 4 | 4 | 3,274 | $264 | 0.5 mi |
C 23799 Via De Gema Linda Sold | $695,000 | 5 | 3 | 2,882 | $241 | 0.3 mi |
D 36038 Ravello Court Sold | $775,000 | 5 | 3 | 3,176 | $244 | 0.9 mi |
E 39944 Spicewood Sold | $814,000 | 4 | 3 | 2,567 | $317 | 0.4 mi |
F 23376 Caliente Springs Avenue Active Under Contract | $750,000 List Price | 4 | 3 | 3,179 | $236 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is well-maintained and move-in ready, consistent with its 2004 build date. While the kitchen features some dated black appliances and original cabinetry, the overall interior is clean with functional systems and a spacious layout. The exterior and outdoor living areas are in great shape, reflecting strong pride of ownership without the need for immediate major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Flexible Living Space
The highly desirable downstairs office or bedroom option provides excellent flexibility for multi-generational living, guests, or a dedicated remote workspace.
- Strategic Location
Situated minutes from the I-15 and I-215 freeways, the property offers convenient commuter access to San Diego and Orange Counties while remaining close to local amenities.
- Top-Rated Education
The home is served by the prestigious Murrieta Valley Unified School District, with high-performing schools like Murrieta Valley High and Murrieta Mesa High nearby.
CONSRISKS & DEFICIENCIES
- Lack of Views
The property listing indicates no significant views, which may be a disadvantage for buyers seeking scenic vistas of the surrounding hills or city lights.
- Dated Aesthetic Potential
Built in 2004, the home may require cosmetic updates to its original finishes to meet the aesthetic preferences of buyers looking for contemporary modern designs.
- Commute Times
Despite freeway proximity, residents face potentially long commute times to major employment centers in San Diego or Orange County during peak traffic hours.
About 40399 Jennings Drive
Welcome to this beautifully maintained residence in the sought after city of Murrieta, located in a quiet, established neighborhood offering the perfect balance of privacy and convenience. Situated just minutes from I-15 and I-215 freeways, this home provides easy commuter access to San Diego and Orange Counties while remaining close to top-rated Murrieta schools, shopping centers, parks, golf courses, and dining. Built in 2003 and pride-of-ownership maintained, this home features an open-concept floor plan ideal for modern living and entertaining. The main floor includes a spacious living room, formal dining area, and bright casual dining space filled with natural light. A highly desirable downstairs office/bedroom option offers flexibility for multi-generational living, remote work, or guest accommodations. Upstairs, you’ll find three generously sized secondary bedrooms plus a private primary suite retreat designed for comfort and relaxation. The primary bathroom includes a dual vanity layout, separate soaking tub, and walk-in shower, creating a spa-like experience at home. This Southern California residence is located in a low-traffic community while still being near Temecula wine country, major medical centers, and outdoor recreation. This home presents a rare opportunity to own a well-cared-for property in one of Murrieta’s most desirable residential areas.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Murrieta Unified Schools
Tovashal Elementary School
Grades K-5 • 0.7 mi
E. Hale Curran Elementary School
Grades K-5 • 0.8 mi
Ronald Reagan Elementary School
Grades K-6 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,725 | 2,450 | 60% |
| Lot Size | 7,841 | 7,840 | 51% |
| Price | $699.9K | $715.0K | 44% |
| Price per sq ft | $257 | $316 | 16% |
| Built year | 2004 | 1997 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 183 | 1% |
Pricing History
Listed for Sale
Jan 30, 2026
$699,900
Initial Listing
Sold
Aug 18, 2016
$399,000
Public Record
Sold
Dec 8, 2010
$255,000
Public Record
Sold
Aug 27, 2010
$210,000
Public Record
Sold
Nov 8, 2007
$376,000
Public Record
Sold
Jul 12, 2004
$370,000
Public Record


















