40962 Belleray, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 4 bath
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Murrieta, California 92562
This Modern Tri-Level Townhome represents a High-Potential Investment Opportunity, listed at $550,000—positioned well below the $651,430 Fair Market Value by 15%. This significant valuation gap secures $101,430 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the 2017-built residence features a gourmet kitchen, mountain views, and a versatile ground-floor suite. Located within the Murrieta Valley Unified District near top-rated schools, it balances lifestyle luxury with institutional-grade value. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40962 Belleray Subject | $520,000* List Price | 4 | 4 | 2,292 | $284 | - |
A 24246 Hazelnut Sold | $510,000 | 3 | 3 | 1,680 | $304 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is within the 10-year age threshold for an excellent rating. The home is in turnkey condition, featuring a modern open-concept kitchen with a large granite island, stainless steel appliances, and contemporary dark wood cabinetry. The bathrooms are well-maintained with modern fixtures, and the flooring throughout the living areas appears pristine. With new exterior paint and no visible deferred maintenance, the property meets the highest quality standards.
The tri-level layout includes a ground-floor bedroom with a full en suite bath, providing an ideal setup for multi-generational living, guests, or a private home office.
The expansive second-floor kitchen features a large central island and abundant counter space, seamlessly integrated into a bright, open-concept great room perfect for entertaining.
The property includes a rare tandem spot within the 2-car garage, offering significant additional space for a workshop, seasonal storage, or recreational equipment.
The three-story configuration necessitates frequent stair climbing to access primary living areas and bedrooms, which may be a drawback for buyers with mobility concerns.
A monthly association fee of $276 adds to the fixed carrying costs of the home, which may impact the overall affordability for budget-conscious purchasers.
Turnkey tri-level townhome in Murrieta at The Ridge of Cal Oaks. This home offers 4 bedrooms, 3.5ba and a large 2 car garage. You are welcomed by a east facing large patio. Open the door to a wide foyer, a bedroom with a full en suite bath. Access to the garage and find a large 2 car garage with a extra tandem spot for storage or toys. Go upstairs to a light, bright, open great room and huge kitchen equipped with an large island and tons of counter space. Right off the kitchen is a full size laundry room, half bath and utility closet. The great room offers plenty of space for the whole family. There’s even a nook a WFH or gamer. On up to the 3rd floor, you’ll find the master with en suite that include large dual sink, separate shower and tub and walk in closet. 2 additional guest bedrooms and guest bath. All rooms have wonderful natural light. The 2 guest beds are west facing with Mountain views in the distance Tucked away on a private and quiet street yet close to shopping and the freeway. The community is wonderfully cared for with beautiful landscaping, new exterior paint and welcoming pool just in time for Summer.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 4.0 | 3.0 | 86% |
| Square foot | 2,292 | 1,472 | 86% |
| Lot Size | - | - | 50% |
| Price | $520.0K | $500.0K | 86% |
| Price per sq ft | $227 | $336 | 14% |
| Built year | 2017 | 2017 | 50% |
| HOA | $276.0 | $263 | 57% |
| Days on market | 57 | 113 | 14% |
May 9, 2026
$520,000
$550,000
-5% Price Drop
Initial Listing
Apr 11, 2026
$550,000
Initial Listing
Feb 24, 2017
$340,000
Public Record