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31698 Summerfield, Murrieta, California 92563, Murrieta, 92563 - 4 bed, 3 bath

31698 Summerfield, Murrieta, California 92563 home-pic-0
ACTIVE UNDER CONTRACT$650,000
31698 Summerfield, Murrieta, California 92563
4Beds
3Baths
2,706Sqft
10,019Lot
Year Built
2002
Close
-
List price
$650K
Original List price
$675K
Price/Sqft
$240
HOA
$45
Days on market
-
Sold On
-
MLS number
SW25260282
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $650.0K(29th), sqft - 2706(57th), beds - 4(50th), baths - 3(50th).

Welcome to a home with great potential! This spacious 4-bedroom, 2.75-bath property is situated in the prime location of Murrieta on a spacious lot. It features a flexible floor plan, ideal for customization and personal improvements. Features Include: 4 Bedrooms & 2.5 Baths: Comfortable space for families and guests Saltwater Pool: Private outdoor pool with low-maintenance features Owned Solar: Energy savings Large Backyard: Versatile area suitable for entertaining, gardening, or relaxation Scenic Views: Enjoy the surrounding vistas from the backyard Fixer-Upper Opportunity: Perfect for buyers interested in adding value and personalizing their home This property is located close to great amenities including excellent schools, shopping, entertainment and Temecula's renowned wine country. There's something close by for everyone.

Nearby schools

9/10
Alamos Elementary School
Public,•K-5•0.6mi
8/10
Nicolas Valley Elementary School
Public,•K-5•1.2mi
6/10
Rancho Elementary School
Public,•K-5•2.0mi
8/10
French Valley Elementary School
Public,•K-5•2.5mi
6/10
Monte Vista Elementary School
Public,•K-5•2.7mi
7/10
Daniel N. Buchanan Elementary School
Public,•K-5•2.9mi
8/10
Ysabel Barnett Elementary School
Public,•K-5•2.9mi
9/10
Alta Murrieta Elementary School
Public,•K-5•3.6mi
8/10
Lisa J. Mails Elementary School
Public,•K-5•3.9mi
8/10
Rail Ranch Elementary School
Public,•K-5•4.1mi
8/10
Bella Vista Middle School
Public,•6-8•0.4mi
6/10
Warm Springs Middle School
Public,•6-8•2.4mi
7/10
Margarita Middle School
Public,•6-8•2.9mi
7/10
James L. Day Middle School
Public,•6-8•2.9mi
8/10
Dorothy McElhinney Middle School
Public,•6-8•4.1mi
7/10
Shivela Middle School
Public,•6-8•5.4mi
9/10
Chaparral High School
Public,•9-12•2.5mi
8/10
Temecula Valley High School
Public,•9-12•3.6mi
8/10
Vista Murrieta High School
Public,•9-12•4.8mi

Price History

Date
Event
Price
11/21/25
Price Change
$650,000-3.7%
11/14/25
Listing
$675,000
02/21/03
Sold
$338,000
Condition Rating
Fair
Built in 2002, this property is 22 years old and is explicitly marketed as a 'fixer-upper opportunity' requiring 'significant renovation.' While the exterior appears well-maintained with the added benefit of owned solar panels, the interior, as seen in the bedroom and bathroom images, shows dated styles. The bedroom features older carpet and a traditional ceiling fan. The bathroom has standard white tile and fixtures typical of its build era, appearing functional but not updated. The overall condition suggests the home is aged but maintained, with major components likely functional but outdated, aligning with the 'fair' category.
Pros & Cons

Pros

Great Schools: Elementary School: Alamos Elementary School (9/10). High School: Chaparral High School (9/10).
Prime Location & Amenities: Situated in a prime Murrieta location, offering convenient access to excellent schools, diverse shopping, entertainment options, and the renowned Temecula wine country.
Exceptional Outdoor Living: Features a private, low-maintenance saltwater pool, a large and versatile backyard, and scenic mountain views, ideal for entertaining and relaxation.
Energy Efficiency: Equipped with owned solar panels, providing significant long-term energy savings and reduced utility costs for the homeowner.
Spacious & Flexible Layout: A spacious 4-bedroom, 2.75-bath property with a flexible floor plan, offering ample room for families and significant potential for customization.
Value-Add Opportunity: Marketed as a 'fixer-upper opportunity,' it's perfect for buyers looking to add value, personalize the home to their taste, and build equity.

Cons

Significant Renovation Required: Explicitly described as a 'fixer-upper,' indicating that substantial investment in updates, repairs, and personalization will be necessary beyond the purchase price.
Potential for Dated Interiors/Systems: Built in 2002, the property likely features original finishes and systems that may be dated or nearing the end of their useful life, requiring modernization.
Perceived Value Discrepancy: The current list price, even after a reduction, is slightly above the estimated market value, which might suggest a higher entry cost relative to its 'fixer-upper' condition for some buyers.

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