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Pending
    • Listing Provided by: Trillion Real Estate
    Price cut: $30K (3/13)
    $665,000

    40135 Festival Rd, Murrieta, CA 92562

    4beds
    2,496sqft
    : 
    Single Family Residence
    Built in 1989
    0.26 Acres Lot
    $660,300 Zestimate®
    $266/sqft
    $-- HOA

    What's special

    HUGE PRICE ADJUSTMENT! FIRST TIME ON THE MARKET! Welcome to this extremely unique property situated on an oversized lot in the heart of central Murrieta. This two-story home features 4 bedrooms and 2.25 bathrooms and offers an exceptional blend of residential comfort and work-from-home versatility. A standout feature is the fully functional, large detached workshop, ideal for plumbers, electricians, carpenters, or any tradesperson needing ample space for multiple vehicles, equipment, and storage. Set on just over a ¼-acre, the property boasts extensive concrete driveways with covered parking areas, providing excellent protection for vehicles, tools, and supplies. Two additional sheds with electricity offer even more flexibility and potential uses. The home is well-equipped with roll-up security shutters on all windows and sliding doors, wrought-iron gates, a newer oversized A/C unit, tankless water heater, attic fan, and leased solar panels. To finish it off, no HOA, close proximity to award winning schools, shopping, banking, medical facilities and Interstate 15 should check all the boxes for everyone looking for a great home. This is a rare opportunity to own a truly one-of-a-kind property with endless possibilities. Schedule your private showing today—this golden opportunity won’t last!
    67 days
    |
    1,873
    |
    41
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 24, 2026 at 06:48pm

    Listing Provided by:

    Gloria Escamilla DRE #01910012 951-505-6723,

    Trillion Real Estate,

    Co-Listing Agent: Baldemar Escamilla DRE #01929982,

    Trillion Real Estate

    Source: CRMLS,MLS#: SW26010800MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Bedroom, Living Room, Dining Room
      Bedroom
      • Features: All Bedrooms Up
      Bathroom
      • Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Linen Closet, Separate Shower, Tub Shower
      Kitchen
      • Features: Tile Counters
      Heating
      • Central
      Cooling
      • Central Air, Attic Fan
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Tankless Water Heater
      • Laundry: Inside, Laundry Room
      Features
      • Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Up
      • Flooring: Laminate, Tile
      • Doors: Double Door Entry
      • Has fireplace: Yes
      • Fireplace features: Family Room, Gas, Primary Bedroom
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 2,496 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Concrete, Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, RV Access/Parking
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: Accessible Doors
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: .
      • Patio & porch: Concrete, Patio
      • Exterior features: Rain Gutters
      • Pool features: None
      • Spa features: None
      • Fencing: Good Condition,Vinyl,Wrought Iron
      • Has view: Yes
      • View description: City Lights, Neighborhood
      Lot
      • Size: 0.26 Acres
      • Features: Drip Irrigation/Bubblers, Sprinkler System
      Details
      • Additional structures: Shed(s), Workshop
      • Parcel number: 948171012
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Slab
      • Roof: Concrete
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Electric: 220 Volts in Garage, Photovoltaics on Grid
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
      • Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
      Location
      • Region: Murrieta

      Financial & listing details

      • Price per square foot: $266/sqft
      • Tax assessed value: $371,043
      • Annual tax amount: $4,215
      • Date on market: 1/15/2026
      • Cumulative days on market: 67 days
      • Listing terms: Cash,Conventional,FHA,Submit,VA Loan
      • Road surface type: Paved
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        Estimated market value

        $660,300

        $627,000 - $693,000

        $3,397/mo

        Price history

        Price history
        DateEventPrice
        3/25/2026Pending sale$665,000$266/sqft
        Source: CRMLS #SW26010800 Report a problem
        3/21/2026Contingent$665,000$266/sqft
        Source: CRMLS #SW26010800 Report a problem
        3/13/2026Price change$665,000-4.3%$266/sqft
        Source: CRMLS #SW26010800 Report a problem
        3/10/2026Price change$695,000-4.1%$278/sqft
        Source: CRMLS #SW26010800 Report a problem
        3/2/2026Price change$725,000-6.5%$290/sqft
        Source: CRMLS #SW26010800 Report a problem
        2/23/2026Price change$775,000-11.4%$310/sqft
        Source: CRMLS #SW26010800 Report a problem
        1/16/2026Listed for sale$875,000$351/sqft
        Source: CRMLS #SW26010800 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$4,215 +1.9%$371,043 +2%
        2024$4,137 -1.5%$363,768 +2%
        2023$4,198 +1.9%$356,636 +2%
        2022$4,119 +1.9%$349,645 +2%
        2021$4,043 +1%$342,790 +1%
        2020$4,002 +1.9%$339,276 +2%
        2019$3,927 +1.9%$332,624 +2%
        2018$3,852 +1.4%$326,103 +2%
        2017$3,800 $319,710 +2%
        2016$3,800 +2.4%$313,442 +1.5%
        2015$3,710 +4.8%$308,735 +2%
        2014$3,539 $302,689 +0.6%
        2013-- $300,848 +2%
        2012-- $294,950 +2%
        2011-- $289,168 +0.8%
        2010-- $287,009 -0.2%
        2009-- $287,693 +2%
        2008-- $282,053 +2%
        2007-- $276,523 +2%
        2006-- $271,102 +2%
        2005-- $265,787 +3.9%
        2003-- $255,802 +2%
        2002-- $250,787 +25.4%
        2001$2,627 +0.4%$200,000 +1.3%
        2000$2,616 $197,500

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $4,003/mo
        Principal & interest
        $3355
        Property taxes
        $648
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          Climate risks

          Neighborhood: 92562

          Getting around

          37 / 100
          Car-Dependent
          20 / 100
          Minimal Transit
          28 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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