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40717 Corte Albara, Murrieta, CA 92562

$460K3bd · 2ba · 1,263 sqft
Lot 4,356 sqft•HOA $356/mo•Single Family Residence•
Active
•276d on market•MLS# CV-26005352

Property Description

Significant price reduction! This wonderful single-story home is located in The Colony, Murrieta's premier gate-guarded 55+ community. The Colony provides numerous amenities such as a swimming pool, spa, clubhouse, bbq's, salon, tennis courts, golf course, and may other special programs and activities. This freshly painted home features 3 bedrooms, 2 bathrooms, and an open living room/dining area with a cozy fireplace. The master bedroom opens to a spacious bathroom which includes a dual vanity with a walk-in shower and closet. During the day, the fully remodeled kitchen is illuminated by natural light, features soft close cabinets with quartz countertops and stainless steel appliances. The private backyard is perfect for afternoons with family and/or friends. Owner has submitted plans to the HOA to build a 10' x 15' Aluminum Patio Cover (just waiting formal HOA approval for it to be installed) Solar produces plenty of power for huge savings. Shopping, casinos, a movie theater, and wineries are all nearby. Stop looking and start calling. This home is priced for the buyer ready to make a move. Water Heater and A/C Condenser are only 5 years old and the Furnace is only 2 years old.

Features & Amenities

FeeBuilt 1998

Property Details

Land Type
Fee
Year Built
1998
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
Roof
Tile
City
Murrieta
Zip Code
92562
County
Riverside
Listed byREALTY MASTERS & ASSOCIATES, Michael Davis

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,326.01
Principal & Interest
Loan Amount
$368,000
Total Interest
$469,364
Total Payment Over 30 Years
$837,364
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

40717 Corte Albara, Murrieta, CA 92562

Murrieta · Single Family Residence

$460K
Affordable Tier
Beds
3
Baths
2
Sqft
1,263
Lot
4,356 sqft
Year
1998
$/Sqft
$364
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 2-car✓

Listed 16.5% below the median closed sale of $550,777. Price per sqft ($364) is a 13% discount to closed comps ($417).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $460K· $364/sqft
Total list price
Closed comps
vs closed median $551K
−$91K (−16.5%)
Active comps
vs active median $485K
−$25K (−5.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $408
−$44 (−10.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
40276 Corte DelfinMurrieta1993321,2304,356$389$479,0007291
40288 Via AguadulceMurrieta1996221,2654,356$383$485,0006587
23886 Red Clover CircleMurrieta1988321,2776,534$469$599,0004786
40536 Via EstradaMurrieta1989221,6144,356$322$520,0005881
23800 Corte PicanteMurrieta1998229474,356$475$450,0008679
Total: 5 · Average2.42.01,266.64,791.6$407.6$506,60065.6
Median1,265$485,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23924 Via AstutoMurrieta199609/21/2026321,2305,227$479,000$480,000$3901.007491
23955 Via AstutoMurrieta199409/17/2026321,2304,792$499,000$490,000$3980.985391
23917 Five Tribes TrailMurrieta198810/01/2026321,2134,792$560,000$550,777$4540.9811289
39888 Quigley RoadMurrieta198809/17/2026321,3705,227$599,990$600,000$4381.004287
40094 Palma VistaMurrieta198810/05/2026321,4644,792$589,900$591,000$4041.002485
Total: 5 · Average3.02.01,301.44,966$542,355.4$542,355.4$416.8—61
Median1,230$550,777$550,777

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.