40995 Belleray, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 3 bath
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Murrieta, California 92562
This Modern End-Unit Condo is a Strong Value Opportunity, listed at $524,900—positioned well below the $579,279 Fair Market Value by 9%. This valuation gap provides $54,379 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a Granite Kitchen, Plank Flooring, and expansive City and Mountain Views. Located within the top-rated Murrieta School District with access to premium community amenities, it perfectly balances lifestyle luxury with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, high-equity residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40995 Belleray Subject | $524,900* List Price | 3 | 3 | 1,851 | $313 | - |
A 41250 Winterberry Street Sold | $550,000 | 3 | 3 | 1,728 | $318 | 0.3 mi |
B 40951 Belleray Avenue Sold | $525,000 | 3 | 3 | 1,851 | $284 | 0.0 mi |
C 41985 Emelia Sold | $532,000 | 3 | 3 | 1,628 | $327 | 1.0 mi |
D 40925 Lacroix Avenue Sold | $515,000 | 4 | 4 | 2,183 | $236 | 0.1 mi |
E 41979 Rondo Street 1106 Sold | $500,000 | 3 | 3 | 1,466 | $341 | 1.0 mi |
F 24125 Tuscany Avenue 1404 Sold | $499,900 | 3 | 3 | 1,472 | $340 | 0.9 mi |
G 41896 Zafra Active | $535,000 List Price | 3 | 3 | 1,557 | $344 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2015, this property falls within the 10-year window for excellent condition. It features modern, high-quality finishes including plank flooring, slab granite countertops, and stainless steel appliances. The home is move-in ready with contemporary light fixtures, well-maintained carpets, and no visible deferred maintenance, meeting current market standards for a nearly new home.
As a desirable end-unit, this home offers enhanced privacy with only one shared wall and features expansive, unobstructed views of the city and coastal mountains.
Built in 2015, the interior boasts contemporary finishes like granite countertops and plank flooring, complemented by a versatile floor plan including a dedicated office and an upstairs loft.
Ideally situated within walking distance to shopping and dining with immediate I-15 access, the property also provides access to premium community features including a pool, gym, and playground.
The property is subject to a $275 monthly association fee, which adds to the recurring cost of ownership and may impact some buyers' debt-to-income ratios.
While the gated courtyard is a nice feature, the lack of a traditional private backyard may be a limitation for buyers seeking significant outdoor space for gardening or pets.
Check out this awesome end-unit condo located in Murrieta's coveted The Ridge at Cal Oaks community! This beautiful home is at the southern end of The Ridge and features expansive views of the city of Murrieta and our lovely coastal mountains while being walking distance to shopping, restaurants, schools and much more. Being an end unit means you'll only have one shared wall with your neighbor for added privacy. You'll enter your new home through a lovely gated courtyard which features plenty of room for outdoor furniture and a BBQ to enjoy our sunny days and cool evenings. Upon entry you'll find your well appointed kitchen, family room and dining area perfectly laid out with floor clad with plank flooring. The kitchen features high end white cabinetry, slab granite counters, stainless appliances and custom paint. The quaint dining area is surrounded by windows with horizontal blinds and loads of room for you and your guests. Down the hall you'll find a spacious office/den perfect for many different possible uses and a convenient half-bath nearby along with access to your roomy 2 car garage. At the top of the stairs you'll step in a very user friendly loft area which can serve multiple purposes such as a quiet reading area for homework, mini-family room for playing video games or just watching TV. This room also features plenty of linen storage. The master bedroom is very roomy and features large windows with views to the south, a 'carve out' for the bed which gives a lot more room around the end of your bed as well as an en-suite bathroom complete with oval tub, large shower, twin vanity sinks and a massive walk-in closet. The remainder of the 2nd level features two more good-sized bedroom and a hall bathroom. Additionally, this floor plan boasts an upstairs laundry room which is ideal...because you don't have to haul your clothes downstairs to the garge to wash them. The Ridge at Cal Oaks ideally located for those have to commute to the coastal counties regulary as I-15 access is simply 2 mintues away. This community also features a lovely pool and spa (which is just steps away from your new home), as well as a gym/exercise room, outdoor BBQ area and a children's playground. Old Town Murrieta is a just a few stop lights to west and Baron's Market is practically next door. This truly is a great opportunity to live in one of our nations safest cities; close to everything this beautiful part of California has to offer. Hurry...this one won't last!
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 | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,851 | 1,432 | 84% |
| Lot Size | - | 0.01 | 49% |
| Price | $524.9K | $478.0K | 73% |
| Price per sq ft | $284 | $340 | 5% |
| Built year | 2015 | 2005 | 70% |
| HOA | $275.0 | $325 | 35% |
| Days on market | 29 | 153 | 3% |
Mar 24, 2026
$524,900
Initial Listing
Jul 22, 2016
$333,500
Public Record