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40395 Via Malagas, Murrieta, California 92562, Murrieta, 92562 - 2 bed, 2 bath

40395 Via Malagas, Murrieta, California 92562 home-pic-0
ACTIVE$505,000
40395 Via Malagas, Murrieta, California 92562
2Beds
2Baths
1,274Sqft
3,920Lot
Year Built
1989
Close
-
List price
$505K
Original List price
$510K
Price/Sqft
$396
HOA
$333
Days on market
-
Sold On
-
MLS number
IG25261758
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $505.0K(3th), sqft - 1274(3th), beds - 2(7th), baths - 2(29th).

Welcome to The Colony—Murrieta’s favorite 55+ playground where the gate is guarded and the lifestyle is buzzing. Golf, tennis, clubs, events… you name it, they’ve got it. This refreshed 2 bedroom, 2 bath single-story has brand-new paint, new carpet, a cozy living room with a fireplace, a bright kitchen with a breakfast nook, and tons of natural light. The primary suite has dual sinks and a walk-in shower, and you’ll love the indoor laundry plus the oversized 2-car garage with extra workshop/golf-cart space. A private courtyard, covered patio, and low-maintenance yard keep life simple so you can actually enjoy it. Close to shopping, dining, medical, and the 15/215. Come see why everyone loves The Colony. Schedule your tour today!

Price History

Date
Event
Price
12/06/25
Price Change
$505,000-1.0%
11/17/25
Listing
$510,000
Condition Rating
Fair
The property, built in 1989, has received recent cosmetic updates including new paint and carpet, making it move-in ready. However, the kitchen features dated white appliances, tile countertops, and traditional light wood cabinets. The bathrooms also show their age with similar cabinet styles, laminate/cultured marble countertops, and an outdated brass-framed shower enclosure. While well-maintained, the key areas of the kitchen and bathrooms would require significant updates to meet current aesthetic and functional standards, aligning with the 'fair' condition criteria for a property of its age with cosmetic updates but no major renovations to wet areas.
Pros & Cons

Pros

55+ Community & Amenities: Located in 'The Colony,' a guarded 55+ community offering extensive amenities like golf, tennis, clubs, and events, catering to an active senior lifestyle.
Recent Updates: The property features brand-new paint and new carpet, providing a refreshed and move-in ready condition for prospective buyers.
Functional Layout & Features: A single-story home with practical amenities including a cozy living room with a fireplace, a bright kitchen with a breakfast nook, indoor laundry, and an oversized 2-car garage with extra workshop/golf-cart space.
Low-Maintenance Outdoor Space: Includes a private courtyard, covered patio, and a low-maintenance yard, ideal for residents seeking ease of care and outdoor enjoyment.
Convenient Location: Strategically located close to shopping, dining, medical facilities, and major freeways (15/215), ensuring easy access to essential services and transportation.

Cons

Age of Property: Built in 1989, the property's age suggests that some major systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their lifespan, potentially requiring future maintenance or replacement.
High Association Fees: A monthly association fee of $333 adds a significant recurring cost to homeownership, which could be a deterrent for some buyers.
Age-Restricted Community: Being a 55+ community limits the potential buyer pool, which may affect market demand and resale flexibility compared to unrestricted properties.

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