40672 Corte Albara, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath
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Murrieta, California 92562
This Turnkey Senior Residence is listed at $472,999, representing a stabilized valuation following a significant price correction toward its $428,198 Fair Market Value. Boasting a Condition Rating of 3, the home is exceptionally well-maintained with modern wood-look flooring and a Renovated Walk-in Shower. Residents enjoy a premium lifestyle in The Colony, a private 55+ community featuring Scenic Golf Course and Hill Views. Proximity to top-rated schools like Rail Ranch Elementary, Shivela Middle, and Murrieta Valley High ensures long-term area desirability. This move-in-ready sanctuary is ideal for Active Seniors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40672 Corte Albara Subject | $472,999* List Price | 2 | 2 | 947 | $445 | - |
A 23733 Via Olivia Sold | $545,000 | 3 | 2 | 1,052 | $518 | 0.7 mi |
B 40633 Corte Albara Sold | $503,000 | 2 | 2 | 1,263 | $398 | 0.1 mi |
C 23993 Via Astuto Sold | $505,000 | 2 | 2 | 1,212 | $417 | 0.4 mi |
D 40306 Via Ambiente Sold | $519,000 | 3 | 2 | 1,263 | $411 | 0.5 mi |
E 40624 Corte Albara Pending | $499,900 List Price | 2 | 2 | 1,085 | $461 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition and has been exceptionally well-maintained. While the home was built in 1998, it features significant updates including modern wood-look flooring and a renovated walk-in shower with contemporary subway tiling. The kitchen, though featuring older-style tile countertops and white appliances, appears to be in excellent functional condition with no deferred maintenance visible.
Located in the prestigious 'The Colony' community, offering a secure, private, and active lifestyle specifically tailored for senior residents.
The property features desirable views of the golf course and surrounding hills, significantly enhancing the home's tranquility and market value.
Described as very well maintained, this home offers a move-in-ready experience, reducing the need for immediate renovation or repair costs.
At a list price of $672,999 for 947 square feet, the property is priced at a significant premium compared to average market rates for the area.
The compact square footage may feel restrictive for buyers downsizing from larger homes who still require ample space for storage or guests.
The monthly HOA fee of $369 represents a substantial ongoing carrying cost that may impact the overall affordability for buyers on fixed incomes.
Elegant 2 bedroom in a private 55+ community (THE COLONY). 1.5 bath, very well maintained
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 947 | 2,417 | 0% |
| Lot Size | 3,920 | 7,840 | 5% |
| Price | $473.0K | $715.0K | 2% |
| Price per sq ft | $499 | $317 | 96% |
| Built year | 1998 | 1998 | 50% |
| HOA | $369.0 | $0 | 97% |
| Days on market | 86 | 186 | 16% |
Mar 3, 2026
$472,999
$672,999
-30% Price Drop
Initial Listing
Jan 26, 2026
$672,999
Initial Listing
Feb 25, 2021
$345,000
Public Record
Jul 5, 2017
$268,000
Public Record
Mar 9, 2016
$249,000
Public Record
Apr 21, 2015
$201,000
Public Record
Sep 11, 2002
$175,000
Public Record
Mar 27, 1998
$107,500
Public Record