40632 Corte Albara, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath

40632 Corte Albara, Murrieta, California 92562 home-pic-0

40632 Corte Albara

Murrieta, California 92562

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,071Sq Ft
4,356Lot Size

Property Price

LIST PRICE$499,000
EST. MARKET VALUE
$466,061
7% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$466,061
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
40632 Corte Albara
Subject
$499,000*
List Price
221,071$435-
A
40633 Corte Albara
Sold
$503,000221,263$3980.0 mi
B
23733 Via Olivia
Sold
$545,000321,052$5180.7 mi
C
23974 Via Astuto
Sold
$523,500321,230$4260.4 mi
D
40306 Via Ambiente
Sold
$519,000321,263$4110.5 mi
E
23975 Via Pamilla
Sold
$560,000221,489$3760.4 mi
F
40083 Corte Lorca
Sold
$482,500221,435$3360.8 mi
G
40624 Corte Albara
Pending
$499,900
List Price
221,085$4610.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1998-built home is in turnkey, move-in-ready condition due to extensive recent updates. The kitchen features modern granite countertops, a decorative tile backsplash, and updated cabinetry, while the bathrooms have been upgraded with contemporary vanities and custom tile work in the showers. The interior boasts a mix of modern dark wood-look flooring and well-maintained neutral carpeting, complemented by updated light fixtures and a stone-surround fireplace. Although the white appliances are a slightly older style, the overall maintenance and aesthetic quality place it firmly in the 'good' category.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey Condition

    The home is meticulously maintained and move-in ready, featuring a model-like interior with an updated kitchen and upgraded primary ensuite.

  • Resort-Style Amenities

    Located in the prestigious 'The Colony,' residents benefit from a guard-gated community offering a clubhouse, pool, gym, and tennis courts.

  • Enhanced Privacy and Views

    The property features a private backyard with no rear neighbors, providing a peaceful setting with scenic views of the golf course and mountains.

CONSRISKS & DEFICIENCIES

  • Age-Restricted Community

    As a 55+ senior living development, the property is limited to a specific buyer demographic, which naturally narrows the potential pool of purchasers.

  • Limited Square Footage

    At 1,071 square feet, the interior living space is relatively compact and may feel restrictive for buyers downsizing from larger family homes.

  • Monthly Association Fees

    The $365 monthly HOA fee represents a significant recurring carrying cost that must be factored into the overall affordability for residents on fixed incomes.

About 40632 Corte Albara

GORGEOUS TURNKEY HOME IN PRESTIGIOUS 55+ THE COLONY! Welcome to 40632 Corte Albara, a meticulously maintained 2-bedroom, 2-bathroom residence that defines move-in-ready luxury. This model-like home features a spacious Great Room anchored by a beautiful fireplace and media niche, with large windows overlooking a private backyard with no rear neighbors. The heart of the home is an updated, sun-drenched kitchen boasting granite countertops, modern appliances, and convenient direct access to the 2-car garage. The Primary Suite serves as a private getaway with an upgraded ensuite bath and walk-in closet. Residents of The Colony enjoy world-class facilities including a clubhouse with a ballroom, theater, library, beauty salon, and gym. Outdoor recreation abounds with a pool, spa, tennis/pickleball courts, and miles of meandering trails. Situated in the heart of Murrieta with easy access to shopping, medical centers, and the California Oaks Golf Course. Experience the ultimate active senior lifestyle! From the guard-gated security to the vibrant social calendar and championship amenities, 40632 Corte Albara isn't just a home—it's an invitation to the best years of your life. Whether you're enjoying a quiet morning by the fireplace or a sunset walk through the community's lush trails, this is the turnkey opportunity you've been waiting for. Don’t let this amazing home slip away—schedule your tour today!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1998
Lot Size
4,356 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$365.0 / Month

Neighborhood Insights

Murrieta Unified Schools

E. Hale Curran Elementary School

Grades K-5 • 0.2 mi

6/10

Tovashal Elementary School

Grades K-5 • 1.1 mi

7/10

Avaxat Elementary School

Grades K-5 • 1.7 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.04.0
8%
Baths2.03.0
28%
Square foot1,0712,447
1%
Lot Size4,3567,840
9%
Price$499.0K$715.0K
2%
Price per sq ft$466$316
92%
Built year19981997
51%
HOA$365.0$0
98%
Days on market26183
0%

Pricing History

Listed for Sale

Feb 9, 2026

$499,000

Initial Listing

Sold

Sep 30, 2016

$270,000

Public Record

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