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

40399 Jennings Drive, Murrieta, California 92562 home-pic-0

40399 Jennings Drive

Murrieta, California 92562

ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,725Sq Ft
7,841Lot Size

Property Price

LIST PRICE$699,900
EST. MARKET VALUE
$680,902

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

$680,902
Based on Realkey algorithm analyzing recent comparable sales in Murrieta.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
40399 Jennings Drive
Subject
$699,900*
List Price
432,725$250-
A
23791 Via De Gema Linda
Sold
$680,000432,591$2620.3 mi
B
23501 Brigin Place
Sold
$865,000443,274$2640.5 mi
C
23799 Via De Gema Linda
Sold
$695,000532,882$2410.3 mi
D
36038 Ravello Court
Sold
$775,000533,176$2440.9 mi
E
39944 Spicewood
Sold
$814,000432,567$3170.4 mi
F
23376 Caliente Springs Avenue
Active Under Contract
$750,000
List Price
433,179$2360.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

7/10

E. Hale Curran Elementary School

Grades K-5 • 0.8 mi

6/10

Ronald Reagan Elementary School

Grades K-6 • 1.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,7252,450
60%
Lot Size7,8417,840
51%
Price$699.9K$715.0K
44%
Price per sq ft$257$316
16%
Built year20041997
81%
HOA$0$0
50%
Days on market36183
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

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