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42154 Thoroughbred Lane, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath

42154 Thoroughbred Lane, Murrieta, California 92562 home-pic-0
PENDING$740,000
42154 Thoroughbred Lane, Murrieta, California 92562
4Beds
3Baths
2,650Sqft
7,841Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
No HOA: The property benefits from having no Homeowners Association, eliminating recurring HOA fees and providing greater flexibility for property use.
Top Cons:
Age of Property: Built in 1990, the property is over 30 years old, which may imply that major systems (e.g., HVAC, roof, plumbing) could be original or nearing the end of their typical lifespan, potentially requiring future investment.

Compared to the nearby listings

Price:$740.0K vs avg $710.0K (+$30,000)56%
Size:2,650 sqft vs avg 2,302 sqft61%
Price/sqft:$279 vs avg $32422%

More Insights

Built in 1990 (35 years old).
Condition: Built in 1990, this property is well-maintained but shows its age in key areas. While the kitchen boasts granite counters, the appliances (black refrigerator, white built-in oven/microwave/cooktop) and tile flooring are dated. The primary bathroom features very dated tiled countertops and shower surrounds, typical of 1990s construction, despite a jetted tub. Other areas have a mix of older tile, neutral carpet, and some updated hardwood flooring. The overall condition suggests regular upkeep, but significant modernization would be required to meet current aesthetic standards, particularly in the kitchen and bathrooms.
Year Built
1990
Close
-
List price
$740K
Original List price
$775K
Price/Sqft
$279
HOA
-
Days on market
-
Sold On
-
MLS number
SW25226744
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Welcome to this inviting West Murrieta home—nestled on a generous 7,841?sq?ft lot with NO HOA—offering 2,650?sq?ft of light-filled living including 4 bedrooms, 3 baths, and a versatile floor plan designed for both entertaining and everyday ease. A gracious entry flows into the formal living and dining area, while the heart of the home is an open-concept kitchen with granite counters, center island storage, and seamless connection to the family room with a cozy fireplace. Downstairs you’ll find a bedroom and full bathroom—ideal for guests, multi­generational comfort or work-from-home flexibility. Ascend to the upper level to discover a generous loft—perfect for a media room, play area or second living space—plus the oversized primary suite featuring its own retreat with fireplace, dual closets including a walk-in, and a spa-inspired bath with jetted tub, separate shower and dual-sink vanity. Outdoors, discover a truly private sanctuary with mature fruit trees, expansive paver patio space and ideal room for a pool, outdoor kitchen or flourishing garden. With lush green hedges, covered patio seating and ample yard space, this backyard is a true outdoor living extension. All of this is located in the sought-after West Murrieta area—within walking distance of Old Town Murrieta, scenic biking and hiking trails, and an easy drive to the 15?Freeway. With low taxes, no HOA and an exceptional neighborhood, this home delivers both comfort and lifestyle. Don’t miss this rare offering!

Condition Rating
Fair
Built in 1990, this property is well-maintained but shows its age in key areas. While the kitchen boasts granite counters, the appliances (black refrigerator, white built-in oven/microwave/cooktop) and tile flooring are dated. The primary bathroom features very dated tiled countertops and shower surrounds, typical of 1990s construction, despite a jetted tub. Other areas have a mix of older tile, neutral carpet, and some updated hardwood flooring. The overall condition suggests regular upkeep, but significant modernization would be required to meet current aesthetic standards, particularly in the kitchen and bathrooms.
Pros & Cons

Pros

No HOA: The property benefits from having no Homeowners Association, eliminating recurring HOA fees and providing greater flexibility for property use.
Prime West Murrieta Location: Situated in a sought-after West Murrieta area, offering walkability to Old Town Murrieta, scenic trails, and easy access to the 15 Freeway.
Versatile Living Spaces: Features a highly functional floor plan with a downstairs bedroom and full bathroom, a generous upstairs loft, and an oversized primary suite with a private retreat, catering to diverse needs.
Spacious & Private Backyard: A generous 7,841 sq ft lot provides a private sanctuary with mature fruit trees, an expansive paver patio, covered seating, and ample space for a pool or outdoor kitchen.
Updated Kitchen: The heart of the home features an open-concept kitchen with granite counters and a center island, offering modern functionality and aesthetic appeal.

Cons

Age of Property: Built in 1990, the property is over 30 years old, which may imply that major systems (e.g., HVAC, roof, plumbing) could be original or nearing the end of their typical lifespan, potentially requiring future investment.
Price Reduction History: The property has undergone multiple price reductions from its original list price of $775,000 to $740,000, which could indicate initial overpricing or market resistance.
Limited Comprehensive Modernization: While the kitchen is updated, the description does not detail extensive modern renovations throughout the entire home, suggesting other areas or finishes might retain their original 1990s character.

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