6416 Rio Blanco Drive, Rancho Murieta, CA 95683, Rancho Murieta, 95683 - 4 bed, 3 bath
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Rancho Murieta, CA 95683
This Custom HUD-Owned Residence represents a High-Potential Investment Opportunity with a List Price of $711,000—positioned well below the $742,067 Fair Market Value by 4%. This valuation gap provides $31,067 in Instant Equity for buyers ready to address its Dated Condition Rating. Featuring a 12-foot deep pool, greenbelt views, and access to Pleasant Grove High School (9/10), the property offers significant forced appreciation potential through cosmetic modernization. This asset is a prime acquisition for Value-Add Investors or Owner-Occupants looking to build wealth in a prestigious gated community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6416 Rio Blanco Drive Subject | $711,000* List Price | 4 | 3 | 2,835 | $262 | - |
A 6901 Pera Drive Sold | $685,000 | 4 | 3 | 2,174 | $315 | 0.9 mi |
B 15418 De La Cruz Drive Sold | $899,000 | 4 | 4 | 3,260 | $276 | 0.9 mi |
C 6156 Puerto Drive Sold | $693,000 | 3 | 2 | 2,461 | $282 | 0.3 mi |
D 6923 Pera Drive Active | $615,000 List Price | 4 | 3 | 2,347 | $262 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is a classic 'time capsule' that appears to have had no major renovations since its original construction. The kitchen and bathrooms are functional but highly outdated, featuring 1980s-style oak cabinetry, tiled countertops, and period-specific wallpaper and fixtures. The interior shows signs of deferred maintenance typical of a HUD-owned home, including worn carpeting, dated white tile flooring, and a pool that appears to be empty or in need of significant service. While the home offers a spacious custom layout and desirable location, it requires cosmetic updates and system modernizations to meet current market standards.
High School: Pleasant Grove High School (9/10).
Situated in the prestigious guard-gated Rancho Murieta Golf Community, this property offers exceptional privacy on a quarter-acre lot backing to a greenbelt and seasonal stream with no side neighbors.
The backyard is an entertainer's dream featuring a rare 12-foot deep pool with a diving board, a covered Trex deck, a fire pit, and dedicated space for RV parking.
As a HUD-owned property requiring 'TLC,' buyers should anticipate the need for immediate repairs and cosmetic updates to restore the home to its full potential.
Built in 1985, the home likely requires modernization of major systems and interior finishes to meet contemporary luxury standards and energy efficiency expectations.
RARE OPPORTUNITY to make this HUD Home the GEM of the Neighborhood with just a little TLC! Located in the PRESTEGIOUS GUARD GATED RANCHO MURIETA GOLF COMMUNITY, this CUSTOM Home is located on a 0.25 Acre Lot and backs to a GREENBELT with a SEASONAL STREAM, PASTORAL VIEWS, and NO SIDE NEIGHBORS!! Featuring one of the larger floor plans in the community, this home was made for Entertaining with OVER 2800 sqft of living space, welcoming front Courtyard, CATHEDRAL & VAULTED CEILINGS, Beautiful Stained Glass Windows, TONS of Natural Light, SPACIOUS Living Room with a cozy Wood Fire Stove, Sliding Glass Door opening the COVERED TREX DECK, Light and Bright Kitchen featuring a Bay Window overlooking the Pool and a BAR AREA with a SECOND SINK! Relax and Unwind in your PRIVATE Backyard while enjoying Greenbelt and Creek VIEWS, Raised Garden Beds, Fire Pit, space for other fun outdoor activities, Tile Patio, and Fully Fenced approx. 12 FT DEEP POOL with a DIVING BOARD! The extended driveway offers room for RV Parking, and the OVERSIZED 3 CAR GARAGE with a WORKSHOP offers TONS OF STORAGE! You'll LOVE this SPACIOUS Laundry Area with space for a mud room, Kitchen storage, and a Half-Bath w/access to the Pool! The Upstairs Loft with SKYLIGHTS offers plenty of space for a multi-media room, in-home office, workout room, etc.! Enjoy the ENERGY EFFICIENT Cooling with the home's WHOLE HOUSE FAN! The Primary Suite features 2 SEPERATE closets, a walk-in storage space, separate Office or Craft Room, and a COVERED BALCONY to enjoy a morning coffee or evening wine overlooking the GORGEOUS GREENBELT! This home is PRICED TO SELL, so don't delay!
No exterior & parking available.
Grades K-6 • 4.0 mi
Grades K-6 • 20.4 mi
Grades 7-8 • 14.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,835 | 2,481.5 | 65% |
| Lot Size | 10,698 | 7,092 | 65% |
| Price | $711.0K | $740.0K | 41% |
| Price per sq ft | $251 | $317 | 15% |
| Built year | 1985 | 1990 | 35% |
| HOA | $174 | $166 | 89% |
| Days on market | 50 | 205 | 2% |
Mar 3, 2026
$711,000
Initial Listing
Jun 1, 1999
$260,000
Public Record