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40684 Corte Albara, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath

40684 Corte Albara, Murrieta, California 92562 home-pic-0
ACTIVE$515,000
40684 Corte Albara, Murrieta, California 92562
3Beds
2Baths
1,263Sqft
3,920Lot
Year Built
1997
Close
-
List price
$515K
Original List price
$540K
Price/Sqft
$408
HOA
$349
Days on market
-
Sold On
-
MLS number
CV25095610
Home ConditionGood
Features
Good View: Golf Course
Patio
ViewGolf Course

About this home

We found 3 Cons,5 Pros. Rank: price - $515.0K(5th), sqft - 1263(3th), beds - 3(45th), baths - 2(29th).

Discover Resort-Style Living at The Colony at California Oaks Nestled in the beautiful city of Murrieta, The Colony at California Oaks is a premier 55+ community offering a vibrant and fulfilling lifestyle. This sought-after neighborhood boasts a wealth of amenities designed for active adults. Welcome home to this delightful Spanish-style bungalow, a true turn-key gem ready for you to move right in! Sunlight streams through Plantation Shutters found throughout the home, creating a bright and airy ambiance. This lovely residence offers 2 comfortable bedrooms, plus a flexible den ideal for a home office, hobby space, or even a guest room. Interior highlights include fresh paint throughout, plush new carpet in the bedrooms, easy-care wood-style tile flooring, and a brand-new above-range microwave in the kitchen. Cozy up by the beautifully remodeled fireplace on cooler evenings. Imagine enjoying sunny afternoons by the pool, engaging in activities at the clubhouse, or a round of golf nearby at Cal Oaks Golf Course. Residents here appreciate the peaceful atmosphere, social opportunities, and convenient location. With its picturesque landscaping and friendly environment. The Colony provides the perfect surroundings for your next chapter.

Nearby schools

6/10
E. Hale Curran Elementary School
Public,•K-5•0.2mi
7/10
Tovashal Elementary School
Public,•K-5•1.1mi
6/10
Avaxat Elementary School
Public,•K-5•1.6mi
7/10
Antelope Hills Elementary School
Public,•K-5•2.1mi
8/10
Rail Ranch Elementary School
Public,•K-5•2.2mi
4/10
Ronald Reagan Elementary School
Public,•K-6•2.5mi
5/10
Donald Graham Elementary School
Public,•K-6•3.2mi
7/10
Shivela Middle School
Public,•6-8•0.9mi
6/10
Thompson Middle School
Public,•6-8•1.5mi
3/10
David A. Brown Middle School
Public,•6-8•3.6mi
8/10
Murrieta Mesa High School
Public,•9-12•1.3mi
8/10
Murrieta Valley High School
Public,•9-12•1.3mi
5/10
Elsinore High School
Public,•9-12•4.9mi

Price History

Date
Event
Price
12/11/25
Price Change
$515,000-1.3%
11/17/25
Price Change
$522,000
04/30/25
Listing
$539,500
Condition Rating
Good
Built in 1997, this property is presented as a 'true turn-key gem' with several recent updates including fresh paint, new carpet in bedrooms, new wood-style tile flooring, a brand-new microwave, and a beautifully remodeled fireplace. While the kitchen cabinets and countertops, along with the bathroom vanities and shower tiles, appear dated in style (with one bathroom even featuring carpet), they are clean and functional. The significant recent cosmetic and functional updates throughout the main living areas and bedrooms, combined with the 'move-in ready' status, elevate its condition beyond 'Fair', despite the older styling in the wet areas. Major systems appear functional, and the property requires no immediate renovations.
Pros & Cons

Pros

Premier 55+ Community: Located in The Colony at California Oaks, a premier 55+ community offering resort-style living with extensive amenities like a pool, clubhouse, and nearby golf course, catering to an active adult lifestyle.
Turn-Key Condition & Recent Updates: The property is a 'true turn-key gem' with fresh paint, new carpet in bedrooms, wood-style tile flooring, a brand-new microwave, and a remodeled fireplace, minimizing immediate buyer expenses.
Desirable Architectural Style & Interior Features: A delightful Spanish-style bungalow featuring Plantation Shutters throughout, creating a bright and airy ambiance, enhancing curb appeal and interior comfort.
Flexible Floor Plan: Offers 2 comfortable bedrooms plus a flexible den, providing versatile space for a home office, hobby room, or guest accommodations.
Golf Course View: The property boasts a desirable golf course view, adding aesthetic appeal and potential value.

Cons

Age-Restricted Community: As a 55+ community, the property's buyer pool is significantly limited, which can impact marketability and potential resale value for those outside the age demographic.
High Monthly Association Fee: A monthly association fee of $349.0 is a substantial recurring cost that buyers must factor into their budget, potentially deterring some.
Recent Price Reductions: The property has undergone two price reductions from its original list price of $539,500 to $515,000, which may suggest initial overpricing or slower market interest.

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