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35780 Arendt Lane, Murrieta, California 92563, Murrieta, 92563 - 3 bed, 2 bath

35780 Arendt Lane, Murrieta, California 92563 home-pic-0
ACTIVE$3,250,000
35780 Arendt Lane, Murrieta, California 92563
3Beds
2Baths
1,400Sqft
92,347Lot
Year Built
1983
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$2,321
HOA
-
Days on market
-
Sold On
-
MLS number
SW25184784
Home ConditionFair
Features
Good View: Valley
ViewValley

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.25M(100th), sqft - 1400(5th), beds - 3(31th), baths - 2(17th).

INVESTMENT OPPORTUNITY !! ATTENTION DEVELOPERS !! MURRIETA near shopping at Costco, Vista Murrieta High School and EZ Access to Hwy 215. 2.12 ACRES in the HEART of current developments of Multi-Family Dwellings! LOCATION, LOCATION, LOCATION! JUST 4 LOTS NORTH FROM THE NEW TRAFFIC SIGNAL ON THE EXPANDED CLINTON KEITH ROAD X ARENDT LANE. BETWEEN SIGNALS AT WHITEWOOD AND MENIFEE RD. New Developments all around the area in progress and in Murrieta Planning Dept awaiting approval. Current Developer nearby will be paving access from Clinton Keith Rd onto Arendt Lane. There is a Custom Home on the property that could be lived in or used for Construction Office ? or Rental ? Or ?, while you are in Planning. Don't let this one get away from you!! Nearby properties are also available. Currently zoned RO2, for 6-10 Units per ac

Price History

Date
Event
Price
08/15/25
Listing
$3,250,000
Condition Rating
Fair
Built in 1983, this property is 41 years old with no apparent major renovations since construction. The interior images reveal significantly outdated features, including an older kitchen with wood cabinets, a dated bathroom vanity and fixtures, and older flooring (tile/linoleum and carpet). While the description states it 'could be lived in,' indicating functionality, it clearly requires substantial cosmetic updates and likely system upgrades to meet modern standards. It fits the 'fair' criteria of being aged, maintained through regular upkeep (implied by being livable), but with major components showing signs of being outdated and requiring significant updates.
Pros & Cons

Pros

Exceptional Development Potential: 2.12 acres zoned RO2 (6-10 units/acre) explicitly targets multi-family development, offering significant density potential in a rapidly growing area.
Strategic Location: Positioned in the 'HEART of current developments' with a new traffic signal and expanded road access, indicating high future value and demand for multi-family units.
Planned Infrastructure Improvements: Upcoming paving of Arendt Lane from Clinton Keith Rd by a nearby developer will significantly enhance access and reduce future development costs.
Interim Use/Income Potential: The existing custom home provides flexibility for immediate use as a residence, construction office, or rental during the planning and permitting phases.
Proximity to Amenities & Access: Conveniently located near shopping (Costco), schools (Vista Murrieta High School), and major freeway access (Hwy 215), enhancing future marketability of developed units.

Cons

Significant Capital Investment: The $3.25 million list price represents a substantial initial outlay, requiring a well-capitalized developer or investor.
Complex Development Process: Realizing the property's full potential requires navigating a multi-family development process, including planning, permitting, and construction, which is time-consuming and complex.
Specialized Buyer Pool: The property's nature as a development site at a high price point limits the potential buyer pool primarily to experienced developers and large-scale investors.

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