42950 Ivy Street, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath

42950 Ivy Street, Murrieta, California 92562 home-pic-0
ACTIVE$1,699,998
42950 Ivy Street, Murrieta, California 92562
4Beds
3Baths
2,540Sqft
196,020Lot
Year Built
2017
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$669
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2505890
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Deck
Patio
ViewCity Lights,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.70M(94th), sqft - 2540(58th), beds - 4(50th), baths - 3(50th).

Up a private gated driveway, this modern hilltop estate offers 4.5 panoramic acres, striking architecture, and full self-sufficiency. The 4-bed, 3-bath home features clean lines and floor-to-ceiling 16-ft panoramic glass walls that create seamless indoor-outdoor living. Highlights include a chef’s kitchen with dual ovens and wine fridge, a spa-like primary suite, 8-zone climate control, electric fireplaces, and a 4-car climate-controlled garage with Tesla charger and Tesla Powerwall. Built for independence with a fully owned 10kW solar system, private well, 10,000-gallon water tank, on-site septic, fire-resistant construction, and a newer water softener. RR zoning with no HOA allows for ADUs, horses, retreats, STRs, and other income-generating possibilities. Special financing available. Turn-key and truly one of a kind — with breathtaking views from nearly every room. Seller financing available!

Price History

Date
Event
Price
08/03/25
$1,699,998
Condition Rating
Excellent

This property, built in 2017, is only 7 years old, falling well within the 'Excellent' category's 10-year new build criteria. The description highlights a 'modern hilltop estate' with 'striking architecture,' 'clean lines,' and 'floor-to-ceiling 16-ft panoramic glass walls.' The images confirm a contemporary design with high-end finishes. The kitchen features a 'chef’s kitchen with dual ovens and wine fridge,' and the photos show sleek black cabinetry, luxurious black/gold veined marble countertops, and modern built-in appliances. Bathrooms boast matching marble, unique vessel sinks, and modern fixtures, creating a 'spa-like primary suite.' Flooring is a mix of large format modern tile and dark wood-look planks, with no visible carpets. The property includes advanced systems like '8-zone climate control,' 'fully owned 10kW solar system,' 'Tesla charger and Tesla Powerwall,' indicating new or virtually new components and no deferred maintenance. It is described as 'turn-key,' reinforcing its pristine, move-in ready condition.
Pros & Cons

Pros

Panoramic Views & Modern Architecture: The property boasts breathtaking views from nearly every room, complemented by striking modern architecture featuring clean lines and floor-to-ceiling 16-ft panoramic glass walls, creating seamless indoor-outdoor living.
Exceptional Self-Sufficiency: Built for independence with a fully owned 10kW solar system, private well, 10,000-gallon water tank, on-site septic, and fire-resistant construction, offering significant utility savings and resilience.
Flexible Zoning & Income Potential: RR zoning with no HOA provides unique flexibility, allowing for ADUs, horses, retreats, short-term rentals (STRs), and other diverse income-generating possibilities.
Luxury Amenities & Smart Home Features: Includes a chef’s kitchen with dual ovens and wine fridge, a spa-like primary suite, 8-zone climate control, electric fireplaces, and a 4-car climate-controlled garage with Tesla charger and Powerwall.
Expansive Private Acreage: Situated on 4.5 private, panoramic acres accessed via a gated driveway, ensuring unparalleled privacy, space, and a true hilltop estate experience.

Cons

Extensive Property Maintenance: The large 4.5-acre lot and reliance on private systems (well, septic) will require significant ongoing maintenance and operational responsibilities from the owner.
Secluded Location: While offering privacy, the hilltop and gated location may be perceived as remote, potentially increasing commute times or distance to immediate urban amenities for some buyers.
Niche Market Appeal: The highly modern, unique architecture and self-sufficient features, while desirable to some, may appeal to a more specific buyer demographic, potentially limiting the overall market pool.

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