40725 Corte Albara, Murrieta, California 92562, Murrieta, 92562 - 3 bed, 2 bath

40725 Corte Albara, Murrieta, California 92562 home-pic-0
ACTIVE$515,000
40725 Corte Albara, Murrieta, California 92562
3Beds
2Baths
1,263Sqft
4,356Lot
Year Built
1998
Close
-
List price
$515K
Original List price
$515K
Price/Sqft
$408
HOA
$348
Days on market
-
Sold On
-
MLS number
SW25193812
Home ConditionFair
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $515.0K(5th), sqft - 1263(3th), beds - 3(45th), baths - 2(29th).

BEAUTIFUL SINGLE-STORY HOME IN THE COLONY ~ One of the area's most sought-after 55+ gated communities. Welcome to this beautifully maintained 2-bedroom, 2-bathroom home with a versatile den/office—perfect as a potential 3rd bedroom or hobby space. This home offers comfort, privacy, and a vibrant lifestyle. Step inside to a bright, open floor plan featuring vaulted ceilings, lots of natural light, beautiful flooring throughout. The living room offers a cozy fireplace - ideal for relaxing evenings - while the adjacent formal dining area provides the perfect setting for entertaining guests or enjoying holiday meals. The spacious kitchen offers ample counter space, plenty of cabinets for storage and a large sliding door that opens to the private backyard— Enjoy outdoor living under the expansive Alumawood covered patio, complete with a ceiling fan, recessed lighting and roll down sun shades. Perfect for enjoying your morning coffee or evening gatherings. Also, enjoy peace of mind with vinyl fencing on each side. The primary suite features an en-suite bathroom with dual sinks and a walk-in shower, while the secondary bedroom and full bath are conveniently located on the opposite side for added privacy. The two-car garage includes lots of built-in storage cabinets, providing plenty of space for tools, hobbies, or seasonal items. From the moment you enter The Colony itself is a premier gated senior community for residents 55+, offering a wealth of amenities, including a resort-style clubhouse, a year-round pool, two spas, and lighted pickleball, paddle tennis, and tennis courts. Residents also enjoy access to a gym, library, ping pong, billiards, and a salon for hair and nails. The community hosts a variety of groups, activities, and events, from shows and dances to concerts, bingo, and themed parties, ensuring there’s always something to do. A privately owned 18-hole golf course is conveniently located within the gates, and the HOA waters and maintains all front yards. With 24-hour security patrol and a guard-gated entrance, you can relax knowing your safety and privacy are well taken care of. Plus, the location is ideal, with easy access to shopping, dining, medical services, casinos, and wineries. This is more than a home, it's a lifestyle.

Nearby schools

6/10
E. Hale Curran Elementary School
Public,K-50.2mi
7/10
Tovashal Elementary School
Public,K-51.1mi
6/10
Avaxat Elementary School
Public,K-51.6mi
7/10
Antelope Hills Elementary School
Public,K-52.1mi
8/10
Rail Ranch Elementary School
Public,K-52.2mi
4/10
Ronald Reagan Elementary School
Public,K-62.5mi
5/10
Donald Graham Elementary School
Public,K-63.3mi
7/10
Shivela Middle School
Public,6-80.8mi
6/10
Thompson Middle School
Public,6-81.4mi
3/10
David A. Brown Middle School
Public,6-83.6mi
8/10
Murrieta Mesa High School
Public,9-121.2mi
8/10
Murrieta Valley High School
Public,9-121.3mi
5/10
Elsinore High School
Public,9-125.0mi

Price History

Date
Event
Price
09/05/25
Listing
$515,000
Condition Rating
Fair

The property, built in 1998 (26 years old), has received some cosmetic updates such as new LVP flooring throughout and fresh paint, making it aesthetically pleasing and move-in ready. However, the kitchen features dated white appliances (with a mismatched black dishwasher) and what appear to be original or older laminate countertops, indicating it has not undergone a full modern renovation. The bathrooms are functional, with a walk-in shower, but the fixtures and finishes appear dated rather than recently updated. While well-maintained, the kitchen and bathroom conditions align with the 'Fair' category, suggesting minor updates would be beneficial to modernize these key areas.
Pros & Cons

Pros

Premier 55+ Gated Community: Located in The Colony, a highly sought-after 55+ gated community offering extensive resort-style amenities including a clubhouse, pool, spas, various sports courts, gym, and 24-hour security.
Well-Maintained Single-Story Home: This beautifully maintained single-story home features a bright, open floor plan with vaulted ceilings, ample natural light, a cozy fireplace, and a versatile den/office.
Private Outdoor Living Space: Enjoy a private backyard with an expansive Alumawood covered patio, complete with a ceiling fan, recessed lighting, and roll-down sun shades, ideal for relaxation and entertaining.
HOA Maintained Front Yards: The HOA handles watering and maintenance of all front yards, significantly reducing homeowner responsibilities and ensuring consistent curb appeal.
Convenient Location: The community offers easy access to essential amenities including shopping, dining, medical services, casinos, and local wineries.

Cons

55+ Community Restriction: The property is situated within a 55+ community, which limits the potential buyer pool to a specific demographic and may affect market time.
High Monthly HOA Fees: A substantial monthly association fee of $348.0 adds a significant recurring cost to homeownership, despite the extensive amenities provided.
Compact Lot Size: With a lot size of 4356 sqft, the property offers limited outdoor space, which might not appeal to buyers desiring a larger yard or more extensive landscaping opportunities.

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