42950 Ivy Street, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
42950 Ivy Street
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 42950 Ivy Street, Murrieta, California 92562 reveals a property with a current list price of $1,699,998, which is 3% above the estimated $1,634,241 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42950 Ivy Street Subject | $1,699,998* List Price | 4 | 3 | 2,540 | $643 | - |
A 42900 Ivy Street Active | $1,700,000 List Price | 4 | 4 | 3,515 | $484 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2017, is only 7 years old, falling well within the 'Excellent' category's 10-year new build criteria. The description highlights a 'modern hilltop estate' with 'striking architecture,' 'clean lines,' and 'floor-to-ceiling 16-ft panoramic glass walls.' The images confirm a contemporary design with high-end finishes. The kitchen features a 'chef’s kitchen with dual ovens and wine fridge,' and the photos show sleek black cabinetry, luxurious black/gold veined marble countertops, and modern built-in appliances. Bathrooms boast matching marble, unique vessel sinks, and modern fixtures, creating a 'spa-like primary suite.' Flooring is a mix of large format modern tile and dark wood-look planks, with no visible carpets. The property includes advanced systems like '8-zone climate control,' 'fully owned 10kW solar system,' 'Tesla charger and Tesla Powerwall,' indicating new or virtually new components and no deferred maintenance. It is described as 'turn-key,' reinforcing its pristine, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views & Modern Architecture
The property boasts breathtaking views from nearly every room, complemented by striking modern architecture featuring clean lines and floor-to-ceiling 16-ft panoramic glass walls, creating seamless indoor-outdoor living.
- Exceptional Self-Sufficiency
Built for independence with a fully owned 10kW solar system, private well, 10,000-gallon water tank, on-site septic, and fire-resistant construction, offering significant utility savings and resilience.
- Flexible Zoning & Income Potential
RR zoning with no HOA provides unique flexibility, allowing for ADUs, horses, retreats, short-term rentals (STRs), and other diverse income-generating possibilities.
CONSRISKS & DEFICIENCIES
- Extensive Property Maintenance
The large 4.5-acre lot and reliance on private systems (well, septic) will require significant ongoing maintenance and operational responsibilities from the owner.
- Secluded Location
While offering privacy, the hilltop and gated location may be perceived as remote, potentially increasing commute times or distance to immediate urban amenities for some buyers.
- Niche Market Appeal
The highly modern, unique architecture and self-sufficient features, while desirable to some, may appeal to a more specific buyer demographic, potentially limiting the overall market pool.
About 42950 Ivy Street
Up a private gated driveway, this modern hilltop estate offers 4.5 panoramic acres, striking architecture, and full self-sufficiency. The 4-bed, 3-bath home features clean lines and floor-to-ceiling 16-ft panoramic glass walls that create seamless indoor-outdoor living. Highlights include a chef’s kitchen with dual ovens and wine fridge, a spa-like primary suite, 8-zone climate control, electric fireplaces, and a 4-car climate-controlled garage with Tesla charger and Tesla Powerwall. Built for independence with a fully owned 10kW solar system, private well, 10,000-gallon water tank, on-site septic, fire-resistant construction, and a newer water softener. RR zoning with no HOA allows for ADUs, horses, retreats, STRs, and other income-generating possibilities. Special financing available. Turn-key and truly one of a kind — with breathtaking views from nearly every room. Seller financing available!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 196,020 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,540 | 2,450 | 52% |
| Lot Size | 196,020 | 7,840 | 91% |
| Price | $1.70M | $715.0K | 93% |
| Price per sq ft | $669 | $316 | 99% |
| Built year | 2017 | 1997 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 216 | 184 | 68% |
Pricing History
Listed for Sale
Aug 3, 2025
$1,699,998
Initial Listing