41548 Hutchison Court, Murrieta, California 92562, Murrieta, 92562 - bed, bath

41548 Hutchison Court, Murrieta, California 92562 home-pic-0
ACTIVE UNDER CONTRACT$1,895,000
41548 Hutchison Court, Murrieta, California 92562
0Bed
0Bath
4,875Sqft
39,640Lot

Price Vs. Estimate

The estimated value ($1,895,000) is $0 (0%) lower than the list price ($1,895,000). This property may be overpriced.

Key pros and cons

Top Pros:
High-Performing Short-Term Rental Income: The property includes two highly-ranked, fully permitted guest suites with a proven 2-year short-term rental history, currently generating over $60,000 annually with potential to exceed $100,000.
Top Cons:
Dependency on Private Utility Maintenance: The reliance on an agricultural well and private septic treatment plant requires specialized ongoing maintenance and potential future costs, which can be more complex than municipal services.

Compared to the nearby listings

Price:$1.90M vs avg $710.0K (+$1,185,000)97%
Size:4,875 sqft vs avg 2,302 sqft96%
Price/sqft:$389 vs avg $32775%

More Insights

Built in 1994 (31 years old).
Condition: Built in 1994, this property is exceptionally well-maintained, particularly the exterior, landscaping, and outdoor amenities. The two guest suites are a highlight, featuring modern white shaker cabinets, light countertops, stainless steel appliances, and contemporary bathrooms with floating vanities and updated tiling, indicating recent and extensive renovations. The main house, while clean and fully functional, presents a more traditional style with cream-colored cabinets, dark granite countertops, and black appliances in the kitchen, and traditional vanities and standard tiling in the bathrooms. These elements are stylistically dated but show no signs of disrepair. The property is move-in ready with no immediate renovations required, and the updated guest suites significantly contribute to its overall quality, aligning with the 'Good' rating where some components are updated, but the property has not undergone a full recent renovation.
Year Built
1994
Close
-
List price
$1.9M
Original List price
$2.3M
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
SW25072521
Home ConditionGood
Features
Good View: Hills
Pool
Spa
Patio
ViewHills

About this home

Here's a phenomenal opportunity to own (2) Airbnb's that are currently ranked in the to 1% in the world! That's right, these two gorgeous, super-popular guest suites have a 2-year short-term rental record on both Airbnb and VRBO and they're crushing it! They're currently run at a vacancy rate of approximately 50% and still pull in over $60,000 per year. It's very easy and enjoyable, but we're moving out of state. You can easily ramp up the occupancy rate and exceed $100,000 per year. They're simple to manage from the main home. Both suites are far enough away that it doesn't take away from your privacy. These are fully permited and licenced with the city of Murrieta. They are not ADU's. ADU's cannot be used as short term rentals in California. These are grandfathered guest suites in perfect condition. Each unit features its own private bedroom, 3/4 bath, a full featured cooks kitchen and family room. The main house is extremely comfortable and features a 1200 s.f. game room with projection theater. It also has a 6-car garage, 2-car carport and RV pad with full hookups. The property is on a highly productive agricultural well that originally used to water 140 acres, plus it has its own private septic treatment plant producing near-potable water. This property is perfect for multi-generational housing, long term rentals, short term rentals or a large family. *All financial analysis information not contained in this description are merely for demonstration purposes. Please contact the listing agent for accurate rental history receipts from the city of Murrieta. Ask your agent to see the additional features report listed in the Supplements Section.

Condition Rating
Good

Built in 1994, this property is exceptionally well-maintained, particularly the exterior, landscaping, and outdoor amenities. The two guest suites are a highlight, featuring modern white shaker cabinets, light countertops, stainless steel appliances, and contemporary bathrooms with floating vanities and updated tiling, indicating recent and extensive renovations. The main house, while clean and fully functional, presents a more traditional style with cream-colored cabinets, dark granite countertops, and black appliances in the kitchen, and traditional vanities and standard tiling in the bathrooms. These elements are stylistically dated but show no signs of disrepair. The property is move-in ready with no immediate renovations required, and the updated guest suites significantly contribute to its overall quality, aligning with the 'Good' rating where some components are updated, but the property has not undergone a full recent renovation.
Pros & Cons

Pros

High-Performing Short-Term Rental Income: The property includes two highly-ranked, fully permitted guest suites with a proven 2-year short-term rental history, currently generating over $60,000 annually with potential to exceed $100,000.
Exceptional Multi-Use Potential: Ideal for multi-generational housing, long-term rentals, short-term rentals, or a large family, offering significant flexibility in use.
Extensive Auxiliary Features: Boasts a 1200 sq. ft. game room with a projection theater, a 6-car garage, 2-car carport, and an RV pad with full hookups, enhancing lifestyle and utility.
Self-Sufficient Utilities: Benefits from a highly productive agricultural well and a private septic treatment plant, providing independence from municipal water and sewer services.
Legally Grandfathered Guest Suites: The guest suites are fully permitted and licensed, and are grandfathered (not ADUs), ensuring their legality for short-term rentals without typical ADU restrictions.

Cons

Dependency on Private Utility Maintenance: The reliance on an agricultural well and private septic treatment plant requires specialized ongoing maintenance and potential future costs, which can be more complex than municipal services.
Unverified Financial Projections: The listing explicitly states that financial analysis information is 'merely for demonstration purposes,' necessitating thorough buyer due diligence to verify actual rental income and projections.
Potential for Main House Updates: Built in 1994, the main residence, while described as comfortable, may require updates to its systems or aesthetics to align with current market expectations, especially compared to the 'perfect condition' guest suites.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state