40500 Via Tapadero, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath
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Murrieta, California 92562
This Single-Story 55+ Residence is a High-Potential Investment Opportunity, listed at $499,000—positioned well below the $516,112 Fair Market Value by 3%. This valuation gap offers $17,112 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home is functional but offers significant upside through cosmetic modernization of the kitchen and baths. Located in the guard-gated The Colony, residents enjoy resort-style amenities, scenic Meadow Views, and a Covered Patio. This is an ideal acquisition for Active Adult Retirees or Value-Focused Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40500 Via Tapadero Subject | $499,000* List Price | 3 | 2 | 1,754 | $294 | - |
A 40053 Corte Fortuna Sold | $505,000 | 3 | 2 | 1,764 | $286 | 0.5 mi |
B 40483 Via Estrada Sold | $535,000 | 3 | 3 | 1,840 | $291 | 0.3 mi |
C 40412 Via Amapola Sold | $500,000 | 3 | 3 | 1,722 | $290 | 0.5 mi |
D 40314 Via Calidad Sold | $529,900 | 2 | 2 | 1,585 | $334 | 0.3 mi |
E 23727 Corte Andar Sold | $475,000 | 2 | 2 | 1,495 | $318 | 0.4 mi |
F 40502 Corte Lucia Sold | $495,000 | 3 | 2 | 1,614 | $307 | 0.2 mi |
G 23890 Corte Cajan Sold | $500,000 | 2 | 2 | 1,489 | $336 | 0.2 mi |
H 23878 Corte Cajan Sold | $520,000 | 2 | 2 | 1,489 | $349 | 0.3 mi |
I 24117 Corte Valente Pending | $545,000 List Price | 3 | 2 | 1,754 | $311 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, this 30-year-old home is in functional condition but remains largely dated. The kitchen features original oak cabinetry and older white appliances, while the bathrooms retain 1990s-era gold-trimmed fixtures and tile. While move-in ready and well-maintained, the property requires cosmetic updates to the kitchen and baths to meet modern standards.
Located in the prestigious 'The Colony,' the property offers access to a guard-gated community featuring an 18-hole golf course, a grand clubhouse, fitness center, and extensive recreational facilities.
The 1,754 sq. ft. single-level floor plan is highly sought after in the active adult market, providing excellent accessibility and a seamless flow to the covered patio and meadow views.
Situated minutes from Temecula Valley Wine Country, Pechanga Resort, and major freeways, the home offers a perfect balance of local leisure and convenient access to San Diego and Orange County.
Built in 1996, the property may require cosmetic updates or appliance upgrades to align with contemporary design trends and modern energy efficiency standards.
The monthly association fee of $348 represents a significant fixed expense that may impact the overall affordability for buyers on a strict fixed retirement income.
40500 Via Tapadero, Murrieta, CA 92562— A beautifully located single-story 3-bedroom, 2-bathroom retreat in The Colony at California Oaks, one of Murrieta's most sought-after guard-gated 55+ active adult communities. Built around a scenic 18-hole golf course and framed by rolling hills, The Colony offers residents a resort-style lifestyle centered around a stunning clubhouse complete with a fitness center, grand ballroom, theater, library, billiards room, and beauty salon, along with outdoor amenities including a pool, spa, tennis courts, bocce ball, shuffleboard, and miles of scenic walking and biking trails — all included in the HOA (buyer to verify). This 1,754 sq. ft. home sits on a 5,662 sq. ft. lot with a 2-car attached garage, driveway parking, central air, a cozy family room fireplace, and a covered patio overlooking a peaceful rear view — the perfect spot to unwind after a day on the greens or an afternoon with friends at the clubhouse. Beyond the gates, life here is just as vibrant: you're minutes from Murrieta and Temecula's best shopping and dining, a short drive from the renowned wineries and tasting rooms of Temecula Valley wine country, and close to Pechanga Resort Casino and Old Town Temecula's charming boutiques and restaurants. Golf enthusiasts will love easy access to nearby courses like Cross Creek Golf Club and The Golf Club at Rancho California, while outdoor lovers can explore Diamond Valley Lake for fishing and boating, or head toward the San Jacinto and San Gorgonio Mountains for hiking and mountain views. With convenient access to both the I-15 and I-215 freeways, you're also well-positioned for day trips to San Diego, Orange County, and Palm Springs. This is more than a home — it's an invitation to enjoy an active, connected, low-maintenance lifestyle in one of Southern California's premier 55+ communities. Property sold AS-IS. Bathroom requires repair, including drywall/framing and plumbing finish-out. Cash or rehab financing recommended. Buyer responsible to verify all information presented and complete their own investigation.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,754 | 2,570 |
| Lot Size | 5,227 | 7,405 |
| Price | $499.0K | $717.1K |
| Price per sq ft | $284 | $305 |
| Built year | 1996 | 2001 |
| HOA | $348.0 | $180 |
| Days on market | 9 | 61 |
Jul 13, 2026
$499,000
Initial Listing
Jun 17, 2021
$490,000
Public Record
Feb 13, 2013
$253,000
Public Record
Nov 18, 2002
$329,000
Public Record
Aug 30, 1996
$193,318
Public Record