40684 Corte Albara, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath

40684 Corte Albara, Murrieta, California 92562 home-pic-0

40684 Corte Albara

Murrieta, California 92562

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,263Sq Ft
3,920Lot Size

Property Price

LIST PRICE$515,000
EST. MARKET VALUE
$487,536
5% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$487,536
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
40684 Corte Albara
Subject
$515,000*
List Price
321,263$386-
A
23974 Via Astuto
Sold
$523,500321,230$4260.5 mi
B
40633 Corte Albara
Sold
$503,000221,263$3980.1 mi
C
40306 Via Ambiente
Sold
$519,000321,263$4110.5 mi
D
40247 Via Acuna
Sold
$515,000221,489$3460.5 mi
E
40364 Via Marisa
Sold
$518,000321,767$2930.5 mi
F
23733 Via Olivia
Sold
$545,000321,052$5180.7 mi
G
40717 Corte Albara
Active
$509,990
List Price
321,263$4040.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition with significant recent cosmetic updates, including fresh interior paint, new plush carpeting in the bedrooms, and modern wood-style tile flooring in the main living areas. While the kitchen cabinetry and bathroom fixtures appear to be original to the 1997 build, they are well-maintained. The home also features a stylishly remodeled stone fireplace, plantation shutters, and a new microwave, meeting the criteria for a well-maintained home with minimal wear and tear.

PROSSTRENGTHS & OPPORTUNITIES

  • Turn-Key Condition

    The home is move-in ready featuring fresh interior paint, new bedroom carpeting, wood-style tile flooring, and a stylishly remodeled fireplace.

  • Golf Course Views

    The property boasts a desirable golf course view, providing a serene backdrop and a sense of openness that enhances the overall value.

  • Resort-Style Amenities

    Located in the premier 55+ community of The Colony, residents have access to a clubhouse, pool, and social activities designed for an active lifestyle.

CONSRISKS & DEFICIENCIES

  • Monthly Carrying Costs

    The $349 monthly association fee adds a significant recurring expense to the homeowner's budget beyond the mortgage and taxes.

  • Compact Lot Size

    At 3,920 square feet, the lot size is relatively small, which may limit outdoor privacy or gardening space for some buyers.

  • Aging Infrastructure

    Built in 1997, the property may soon require updates to major systems such as the roof or HVAC if they are original to the home.

About 40684 Corte Albara

Discover Resort-Style Living at The Colony at California Oaks Nestled in the beautiful city of Murrieta, The Colony at California Oaks is a premier 55+ community offering a vibrant and fulfilling lifestyle. This sought-after neighborhood boasts a wealth of amenities designed for active adults. Welcome home to this delightful Spanish-style bungalow, a true turn-key gem ready for you to move right in! Sunlight streams through Plantation Shutters found throughout the home, creating a bright and airy ambiance. This lovely residence offers 2 comfortable bedrooms, plus a flexible den ideal for a home office, hobby space, or even a guest room. Interior highlights include fresh paint throughout, plush new carpet in the bedrooms, easy-care wood-style tile flooring, and a brand-new above-range microwave in the kitchen. Cozy up by the beautifully remodeled fireplace on cooler evenings. Imagine enjoying sunny afternoons by the pool, engaging in activities at the clubhouse, or a round of golf nearby at Cal Oaks Golf Course. Residents here appreciate the peaceful atmosphere, social opportunities, and convenient location. With its picturesque landscaping and friendly environment. The Colony provides the perfect surroundings for your next chapter.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1997
Lot Size
3,920 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$349.0 / 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 • 1.6 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
38%
Baths2.03.0
28%
Square foot1,2632,447
3%
Lot Size3,9207,840
5%
Price$515.0K$715.0K
4%
Price per sq ft$408$316
79%
Built year19971997
50%
HOA$349.0$0
96%
Days on market311184
92%

Pricing History

Listed for Sale

Dec 11, 2025

$515,000

$522,000

-1% Price Drop

Initial Listing

Price Change

Nov 17, 2025

$522,000

Initial Listing

Price Change

Apr 30, 2025

$539,500

Initial Listing

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