34345 Falls View Way, Murrieta, CA, 92563
About This Home
Welcome to this exceptional home in the highly desirable Alderwood Community of Murrieta! Designed for comfort, style, and entertaining, this beautifully maintained residence features an open-concept floor plan with a spacious gourmet kitchen, oversized granite island, abundant cabinetry, and seamless flow into the dining and family room. The main level offers a private bedroom with a full bath, plus an additional flexible room perfect as a home office, gym, guest room, or multigenerational living space. Upstairs you'll find generously sized bedrooms and a spacious loft. Step outside to your own resort-style backyard featuring a sparkling pool, relaxing spa, covered patio, built-in BBQ with outdoor refrigerator, and breathtaking views—ideal for year-round entertaining. The backyard improvements were completed approximately five years ago. Additional highlights include leased solar panels for energy efficiency, luxury vinyl flooring, and a prime location near top-rated schools, parks, shopping, dining, and convenient freeway access. This is Murrieta living at its finest!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2020
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Inside
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- Cooling features: Central Air
Features
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior Area
- Total interior livable area: 2,683 sqft
Property
Details
- Parcel number: 384400006
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: front
- Private pool: Yes
- Pool features: In Ground,Private
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 6,970 sqft
- Features: Back Yard,Landscaped
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- 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
- Wildfire
- Inland Flooding
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Riverside County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,868 | $46,416 |
| Home Insurance * | $198 | $2,376 |
| Property Taxes | $1,162 | $13,944 |
| Electricity | $575 | $6,904 |
| Total | $5,803 | $69,636 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Listed for sale | $765,000 |
| 2026-08-14 | Contingent | $765,000 |
| 2026-08-03 | Listed for sale | $765,000 |
| 2021-02-04 | Sold | $483,000 |
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