See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

40042 Calle Real, Murrieta, CA, 92563

4beds
3baths
2,121sqft
$585,000
$276price/sqft
$4,356/moest. monthly cost
$174,240/yrincome needed

About This Home

Turnkey modern Murrieta condo offering 4 bedrooms, 3 bathrooms, and 2,121 sq ft of upgraded living space in a highly desirable community. Built in 2018, this well-designed home features an open-concept floorplan with abundant natural light, spacious living areas, and seamless flow between the kitchen, dining, and family room — ideal for everyday living and entertaining. Flexible upstairs and downstairs living spaces provide excellent options for guests, multigenerational living, or a home office setup. Additional highlights include a Tesla charging system in the garage, private backyard retreat, and low HOA dues. Conveniently located near highly rated schools, shopping, dining, parks, walking trails, and freeway access. Rarely does a newer 4-bedroom home with this combination of space, upgrades, location, and value become available in Murrieta.

Getting Around

53
WalkingSomewhat Walkable
24
TransitMinimal Transit
28
BikeSomewhat Bikeable

Schools

6/10
9/10

Construction

Condition

  • Property condition: Turnkey
  • Year built: 2018

Materials

  • Roof: Tile

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Gas Oven,Gas Water Heater,Microwave,Water Heater
  • Laundry features: Gas Dryer Hookup,Laundry Room,Upper Level

Bedroom

  • Features: All Bedrooms Up

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),Granite Counters,High Ceilings,Open Floorplan,Pantry,Recessed Lighting,Bar,All Bedrooms Up,Walk-In Closet(s)
  • Window features: Screens
  • Flooring: Carpet,Tile
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,121 sqft

Kitchen

  • Features: Granite Counters,Kitchen/Family Room Combo

Other

  • Features: Walk-In Closet(s)

Property

Details

  • Parcel number: 916721040
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Front
  • Pool features: None
  • Exterior features: Lighting
  • Fencing: Wrought Iron
  • Has view: Yes
  • View description: Hills

Lot

  • Lot size: 2,379 sqft
  • Features: Back Yard,Landscaped,Near Park

Parking

  • Total spaces: 2
  • Parking features: Door-Multi,Garage Faces Front,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,958$35,496
Home Insurance *$152$1,824
Property Taxes $792$9,504
Electricity $454$5,457
Total$4,356$52,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$149,348/yr
40% on housing$130,680/yr
45% on housing$116,160/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 92563$267
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92563$289
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2021-07-30Sold$500,000
2020-05-05Listing removed$409,000
2020-05-05Listed for sale$409,000
2020-04-25Pending sale$409,000
2020-04-16Listed for sale$409,000
2018-03-29Sold$413,000

Coming Soon

AgentJoseph Kavert
BrokerageExit Alliance Realty

Similar Homes