
Murrieta, California 92562
This Single-Story 55+ Residence presents a High-Potential Investment Opportunity with a List Price of $529,999—positioned well below the $540,961 Fair Market Value by 2%. This valuation gap offers $10,962 in Instant Equity. Featuring a Condition Rating of 4, the home requires cosmetic modernization to reach its full potential. Situated on a premium Golf Course Greenbelt lot, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable, low-maintenance lifestyle in a secure, amenity-rich community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40429 Via Camposeco Subject | $529,999* List Price | 2 | 2 | 1,607 | $337 | - |
A 24165 Corte Valente Sold | $525,000 | 2 | 2 | 1,585 | $331 | 0.4 mi |
B 23878 Corte Cajan Sold | $520,000 | 2 | 2 | 1,489 | $349 | 0.2 mi |
C 23832 Castinette Way Sold | $570,000 | 3 | 2 | 1,529 | $373 | 0.5 mi |
D 40281 Via Acuna Sold | $470,000 | 2 | 2 | 1,344 | $350 | 0.3 mi |
E 40723 Mountain Pride Sold | $595,000 | 3 | 3 | 1,826 | $326 | 0.6 mi |
F 23825 Matador Way Sold | $650,000 | 4 | 3 | 1,783 | $365 | 0.4 mi |
G 40614 Calle Galacia Active | $528,000 List Price | 2 | 2 | 1,607 | $329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996 (28 years old) and explicitly listed in original condition. While the home is well-maintained with a new water heater and functional systems, the kitchen and bathrooms feature dated 1990s cabinetry, tile countertops, and fixtures that require modernization.
The property is ideally situated along a serene green belt with no immediate rear neighbors, offering exceptional privacy and tranquil views of the Cal Oaks Golf Course.
Located in a premier guard-gated community, residents enjoy low-maintenance living with HOA-managed front yards and access to a clubhouse, pool, tennis, and pickleball courts.
As one of the larger floor plans in the community at 1,607 sq. ft., this home features a functional open layout and a charming private front gated courtyard.
The home is priced to reflect its 1996 original condition, indicating that buyers will likely need to invest in cosmetic updates and modernizing to reach its full potential.
Being located within a 55+ senior community limits the pool of potential buyers and occupants to a specific age demographic, which can impact long-term resale flexibility.
Welcome to The Colony, one of Southern California's premier 55+ guard-gated golf course communities! This single-story gem offers 2 bedrooms, 2 bathrooms, and a spacious 1,607 square feet of living space. One of the larger floor plans in the community all on a generous 6,098 sq. ft. lot. Situated along the golf course green belt with serene views, this home enjoys a premium setting with no immediate rear neighbors. Enter through your charming front gated courtyard, surrounded by lush, well-maintained landscaping that sets the tone for the entire property. Inside, you'll find a warm and inviting layout with a cozy fireplace in the living area, central air and heat, and a large 2-car attached garage. The property also features a new water heater that was recently purchased by the current owner. Priced to reflect its original condition, this is a fantastic opportunity to add your personal touch to one of the best lots and floor plans in The Colony. Step outside to enjoy your private rear patio, enclosed by vinyl fencing on both sides and wrought iron fencing at the rear that frames those beautiful greenbelt views. Built in 1996, this is one of the newer builds in The Colony and boasts a tile roof. The HOA handles all front yard watering and maintenance, making for truly low-maintenance living. Resort-style amenities abound, from the spectacular clubhouse with ballroom, fitness center, library, billiards room, card rooms, hair and nail salon, to the beautiful pool, dual spas, pickleball, tennis, bocce ball courts, and the scenic Cal Oaks Golf Course winding right through the community. 24-hour guard-gated security gives you peace of mind. Conveniently located near Historic Downtown Murrieta, Temecula Wine Country, Pechanga Resort & Casino, top medical centers, and major freeways. Come experience the lifestyle, this one checks all the boxes!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,607 | 2,253 | 17% |
| Lot Size | 6,098 | 7,405 | 31% |
| Price | $530.0K | $700.0K | 10% |
| Price per sq ft | $330 | $326 | 53% |
| Built year | 1996 | 1997 | 49% |
| HOA | $348.0 | $0 | 82% |
| Days on market | 29 | 152 | 2% |
May 8, 2026
$529,999
Initial Listing
Jul 1, 1999
$180,000
Public Record
May 20, 1998
$180,000
Public Record
Dec 23, 1996
$153,000
Public Record