41685 Elk Run, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath

41685 Elk Run, Murrieta, California 92562 home-pic-0

41685 Elk Run

Murrieta, California 92562

ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,722Sq Ft
7,405Lot Size

Property Price

LIST PRICE$749,900
EST. MARKET VALUE
$845,928
11% BelowMARKET VALUE

SUMMARY

Analysis of 41685 Elk Run, Murrieta, California 92562 reveals a Prime Investment Opportunity with a current list price of $749,900—significantly undercutting the $845,928 Fair Market Value by 11%. This valuation gap indicates a +$96,028 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$845,928 +$96,028 Equity Potential
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
41685 Elk Run
Subject
$749,900*
List Price
432,722$311-
A
24099 Chatenay Lane
Sold
$710,000432,681$2650.7 mi
B
42154 Thoroughbred Lane
Sold
$715,000432,650$2700.7 mi
C
42352 Wildwood
Sold
$860,000432,784$3090.8 mi
D
42370 Circulo Cavinara
Sold
$735,000432,450$3000.9 mi
E
41621 41621 Valor Drive
Sold
$710,000432,447$2900.1 mi
F
42025 Boothill Lane
Sold
$700,000532,650$2640.6 mi
G
24054 Bearskin
Active
$700,000
List Price
432,447$2860.1 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 move-in ready and shows pride of ownership with several recent high-value updates. While built in 2000, it features new vinyl plank flooring, fresh interior paint, and a kitchen updated with stainless steel appliances and ample counter space. The bathrooms are well-maintained with a functional layout. Significant system upgrades, including fully paid solar with a new inverter, new attic insulation, and a new pool pump, elevate the home's condition above standard maintenance for its age.

PROSSTRENGTHS & OPPORTUNITIES

  • Energy Efficiency

    The property features fully paid solar panels with a new inverter and updated attic insulation, providing significant long-term savings on utility costs for the homeowner.

  • Private Amenities & No HOA

    This home offers a private pool and a spacious 3-car garage without the added monthly expense or restrictions of a Homeowners Association, a rare find in this area.

  • Turn-Key Upgrades

    Recent improvements including new vinyl plank flooring, fresh interior paint, new vinyl fencing, and a new pool pump ensure the home is move-in ready with reduced immediate maintenance needs.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Upper-Level Bedroom Layout

    All four bedrooms are located on the second floor, which may be a drawback for buyers seeking a ground-floor guest suite or those with accessibility concerns.

  • Limited Yard Utility

    While the pool is a major asset, the combination of the home's large footprint and the pool area on a 7,405 sq ft lot leaves minimal traditional green space for gardening or play.

About 41685 Elk Run

This 4-bedroom, 2.5-bath home offers 2,722 sq ft of living space, a private pool, and no HOA, creating a comfortable setting for both daily living and entertaining. Inside, the formal living room and separate dining room provide welcoming spaces for gatherings. The back of the home features a spacious family room with a fireplace that opens to the kitchen, allowing for an easy, connected flow. The kitchen offers generous counter space, a large window overlooking the backyard, and a pass-through counter to the covered patio. All four bedrooms are located upstairs, including a well-sized primary suite with dual sinks, a soaking tub, and a separate shower. The backyard includes a covered paved patio and pool, ideal for relaxing or hosting guests. Notable upgrades include vinyl plank flooring, fresh interior paint, new vinyl fencing, a new pool pump, new attic insulation, and fully paid solar with a new inverter. A 3-car garage adds functionality. Conveniently located minutes from the I-15 freeway, shopping, and dining, this home offers space, comfort, and accessibility.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2000
Lot Size
7,405 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Murrieta Unified Schools

Murrieta Elementary School

Grades K-5 • 1.0 mi

7/10

Thompson Middle School

Grades 6-8 • 0.5 mi

6/10

Murrieta Valley High School

Grades 9-12 • 0.4 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,7222,450
60%
Lot Size7,4057,840
49%
Price$749.9K$715.0K
56%
Price per sq ft$275$316
25%
Built year20001997
56%
HOA$0$0
50%
Days on market16183
0%

Pricing History

Listed for Sale

Feb 19, 2026

$749,900

Initial Listing

Sold

Mar 8, 2023

$632,500

Public Record

Sold

Oct 29, 2018

$450,000

Public Record

Sold

Sep 25, 2012

$281,500

Public Record

Sold

Sep 4, 2008

$280,000

Public Record

Sold

Jul 14, 2006

$514,000

Public Record

Sold

May 22, 1998

$173,000

Public Record

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