40615 Via Malagas, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath
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Murrieta, California 92562
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $497,000—positioned well below the $505,588 Fair Market Value by 1%. This valuation gap offers $8,588 in Instant Equity. Featuring an Excellent Condition Rating with a Remodeled Kitchen and Vinyl Plank Flooring, this home offers a maintenance-free lifestyle in the 55+ community of The Colony. With access to resort-style amenities and proximity to top-rated schools, this is an ideal acquisition for Retirees or Owner-Occupants seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40615 Via Malagas Subject | $497,000* List Price | 2 | 2 | 1,274 | $397 | - |
A 40640 Via Malagas Sold | $495,000 | 2 | 2 | 1,274 | $389 | 0.1 mi |
B 23891 Via Astuto Sold | $488,000 | 2 | 2 | 1,154 | $423 | 0.5 mi |
C 40632 Corte Albara Sold | $475,000 | 2 | 2 | 1,071 | $444 | 0.4 mi |
D 40465 Via Malagas Sold | $528,000 | 2 | 2 | 1,502 | $352 | 0.1 mi |
E 40466 Via Estrada Sold | $550,000 | 2 | 2 | 1,614 | $341 | 0.1 mi |
F 23796 Corte Picante Sold | $510,000 | 3 | 2 | 1,263 | $404 | 0.4 mi |
G 40609 Corte Albara Sold | $450,000 | 2 | 2 | 1,071 | $420 | 0.4 mi |
H 40320 Via Calidad Sold | $556,500 | 2 | 2 | 1,489 | $374 | 0.5 mi |
I 23977 Via Astuto Active | $559,999 List Price | 2 | 2 | 1,154 | $485 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1989, the property has undergone a comprehensive renovation within the last 5 years. It features a modern kitchen with granite countertops and stainless steel appliances, fully remodeled bathrooms, and updated vinyl plank flooring throughout, placing it in mint, move-in ready condition.
The home features extensive modern upgrades including vinyl plank flooring, granite countertops, and remodeled bathrooms, offering a move-in-ready experience for buyers.
Located in 'The Colony,' a premier 55+ gated community, residents benefit from 24-hour security and access to a clubhouse, golf course, and diverse social clubs.
The property offers a rare level of seclusion for the area, featuring a private rear patio with no neighbors directly behind and professional HOA-maintained front landscaping.
While cosmetically updated, the 1989 construction date suggests that major mechanical systems or structural components may be approaching the end of their functional lifespan.
At 1,274 square feet, the interior footprint is relatively small, which may limit storage options and feel restrictive for those transitioning from larger family homes.
Hurry, this home won't last! Upgraded throughout, single-level home, located in The Colony, a 55+ resort-style community! You'll love the upgrades/renovations, including vinyl plank flooring, neutral paint, wood shutters, updated kitchen with granite counter tops and stainless steel appliances and remodeled bathrooms. There is a gated, front courtyard and beautifully designed and maintained, low maintenance landscaping which creates a relaxing outdoor environment. The rear patio is private, with no one behind. The Colony is the perfect place to enjoy an exciting lifestyle with family and friends. Choose from a variety of indoor and outdoor social events, sports, and clubs. See the spectacular clubhouse with a lounge, banquet room, library, gym, atrium, game rooms, and a hair and nail salon. A beautiful oasis swimming pool, two spas, an outdoor BBQ area, and lighted tennis, Pickleball/Paddle Tennis courts are available. There are too many groups and activities to list! The HOA waters and maintains the front yard landscaping. The Cal Oaks Golf Course is located within the community. You and your home are protected within a 24-hour gate-guarded, master-planned community. The Colony is strategically located near shopping, medical centers, parks, the Temecula Valley wineries, and Pechanga Casino Resort and Spa!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,274 | 2,570 |
| Lot Size | 4,356 | 7,405 |
| Price | $497.0K | $717.1K |
| Price per sq ft | $390 | $305 |
| Built year | 1989 | 2001 |
| HOA | $356.0 | $180 |
| Days on market | 13 | 61 |
Jul 9, 2026
$497,000
Initial Listing
Mar 4, 2015
$279,500
Public Record
Aug 19, 1998
$142,000
Public Record