35960 Arendt Lane, Murrieta, California 92563, Murrieta, - bed, bath

home-pic
ACTIVE$2,850,000
35960 Arendt Lane, Murrieta, California 92563
3Beds
2Baths
1,678Sqft
86,684Lot
Year Built
1983
Close
-
List price
$2.85M
Original List price
$2.85M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW25184536
Home ConditionPoor
Features
Good View:
View

About this home

INVESTMENT OPPORTUNITY !! ATTENTION DEVELOPERS !! MURRIETA near shopping at Costco, Vista Murrieta High School and EZ Access to Hwy 215. 1.99 ACRES in the HEART of current developments of Multi-Family Dwellings! LOCATION, LOCATION, LOCATION! DIRECTLY ON THE CORNER WITH A NEW TRAFFIC SIGNAL ON THE EXPANDED CLINTON KEITH ROAD. ON THE CORNER OF ARENDT LANE X CLINTON KEITH. 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 the street directly in front of this property. 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 acre.

Price History

Date
Event
Price
08/15/25
Listing
$2,850,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (293 Listings)
Beds34
30%
Baths23
19%
Square foot1,6782,617
9%
Lot Size86,6847,405
96%
Price$2.85M$715K
100%
Price per square foot$1,698$284.5
100%
Built year198310016002
0%
HOA
Days on market83168
10%
Condition Rating
Poor

The property was built in 1983, making it 41 years old. The MLS description heavily emphasizes the land's development potential and zoning, treating the existing 1678 sqft home as an incidental structure that 'could be lived in or used for Construction Office ? or Rental ?'. Crucially, there are no interior images provided for the house, which strongly suggests the interior is not a selling point and is likely very dated, in disrepair, or requires substantial rehabilitation. Without any evidence of recent renovations, a home of this age would typically have original or severely outdated systems, fixtures, and finishes, requiring significant investment to meet modern living standards. While not explicitly stated as unlivable (which would be 'tear-down'), the complete lack of interior presentation points to a condition that is far from move-in ready and likely needs extensive work.
Pros & Cons

Pros

Significant Development Potential: Zoned RO2 for 6-10 units per acre on a 1.99-acre lot, explicitly marketed as an investment opportunity for multi-family development.
Strategic Corner Location: Prime corner lot with a new traffic signal on the expanded Clinton Keith Road, ensuring high visibility and easy access within a developing area.
Large Acreage: Nearly 2 acres (1.99 acres) provides substantial land for a multi-unit project, maximizing development capacity.
Surrounding Infrastructure Growth: Located amidst ongoing new developments with planned street paving directly in front, indicating a rapidly improving and expanding infrastructure.
Interim Use Potential: Existing custom home offers immediate utility as a construction office, rental, or temporary residence during the planning and approval phases.

Cons

Substantial Capital Requirement: The $2.85 million list price represents a significant upfront investment, in addition to future development costs.
Development Process Complexity: Requires navigating potentially lengthy and complex planning department approvals and permits for multi-family construction.
Age of Existing Structure: The 1983-built home is older and likely requires demolition or extensive renovation for optimal integration into a new development, adding to project costs.

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