38932 Cherry Point Lane, Murrieta, California 92563, Murrieta, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$889,000
38932 Cherry Point Lane, Murrieta, California 92563
5Beds
3Baths
2,965Sqft
15,682Lot
Year Built
2003
Close
-
List price
$889K
Original List price
$918K
Price/Sqft
-
HOA
$49
Days on market
-
Sold On
-
MLS number
WS25169664
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Rare single-story floor plan with over 2,900 square feet of living space featuring 5 bedrooms and 3 bathrooms. This spacious home boasts 10-foot ceilings and has been recently updated with fresh interior paint and brand-new vinyl flooring throughout all bedrooms and the living room, creating a clean and modern atmosphere. The open layout is perfect for comfortable indoor and outdoor living. Enjoy a large backyard with plenty of space for entertaining, gardening, or play, and a 3-car garage providing ample parking and storage. Located in a desirable Murrieta community with a low HOA of only $49 per month. Solar Panels were paid off. Community amenities include a pool, spa, tennis courts, basketball courts, and a clubhouse—offering a resort-style lifestyle. Additional features include a fire sprinkler system, sewer connection. Don’t miss this exceptional opportunity to own a piece of paradise in Murrieta.

Nearby schools

8/10
Nicolas Valley Elementary School
Public,K-50.6mi
9/10
Alamos Elementary School
Public,K-50.9mi
6/10
Rancho Elementary School
Public,K-52.0mi
7/10
Daniel N. Buchanan Elementary School
Public,K-52.0mi
6/10
Monte Vista Elementary School
Public,K-52.1mi
8/10
Ysabel Barnett Elementary School
Public,K-52.1mi
9/10
Alta Murrieta Elementary School
Public,K-52.8mi
8/10
French Valley Elementary School
Public,K-52.9mi
8/10
Rail Ranch Elementary School
Public,K-53.4mi
8/10
Lisa J. Mails Elementary School
Public,K-53.8mi
8/10
Bella Vista Middle School
Public,6-81.0mi
6/10
Warm Springs Middle School
Public,6-81.6mi
7/10
James L. Day Middle School
Public,6-82.3mi
7/10
Margarita Middle School
Public,6-82.6mi
8/10
Dorothy McElhinney Middle School
Public,6-84.0mi
7/10
Shivela Middle School
Public,6-84.6mi
9/10
Chaparral High School
Public,9-121.7mi
8/10
Temecula Valley High School
Public,9-123.5mi
8/10
Vista Murrieta High School
Public,9-124.2mi

Price History

Date
Event
Price
09/18/25
Price Change
$889,000-3.2%
08/02/25
$918,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (296 Listings)
Beds54
67%
Baths33
50%
Square foot2,9652,617
68%
Lot Size15,6827,405
94%
Price$889K$717K
93%
Price per square foot$300$284
59%
Built year20032004
50%
HOA$49$218
2%
Days on market95169
14%
Condition Rating
Fair

The property was built in 2003, making it 21 years old. While it benefits from recent updates such as fresh interior paint and brand-new vinyl flooring in the bedrooms and living room, the kitchen and bathrooms show signs of being outdated. The kitchen features tile countertops and a functional but not modern cabinet style, despite having stainless steel appliances. The bathrooms have basic light wood vanities and standard fiberglass tub/shower combos. These elements, while clean and functional, do not meet current quality and style standards for a fully renovated home, indicating that minor updates are required to modernize these key areas.
Pros & Cons

Pros

Spacious Single-Story Floor Plan: A rare single-story layout offering over 2,900 square feet with 5 bedrooms, 3 bathrooms, and desirable 10-foot ceilings, providing ample and comfortable living space.
Recent Modern Updates: The home features fresh interior paint and brand-new vinyl flooring throughout all bedrooms and the living room, creating a clean and contemporary atmosphere.
Paid-Off Solar Panels: Equipped with paid-off solar panels, offering significant long-term energy cost savings and environmental benefits to the homeowner.
Extensive Community Amenities with Low HOA: Access to a pool, spa, tennis courts, basketball courts, and a clubhouse for a remarkably low monthly HOA of $49, promoting a resort-style living experience.
Generous Outdoor Space & Practical Features: Boasts a large backyard perfect for entertaining, gardening, or play, complemented by a practical 3-car garage for ample parking and storage.

Cons

Potential Overpricing: The current listing price of $889,000 is 6% higher than the estimated property value of $827,374.17, which may impact buyer interest or negotiation.
Lack of Mention of Cooling System: The property description does not specify the presence or type of air conditioning, a critical amenity for comfort in Murrieta's warm climate.
Age of Core Systems: Built in 2003, while cosmetically updated, major systems such as HVAC or water heater may be original and approaching the end of their typical lifespan, potentially requiring future investment.

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