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24843 1st Avenue, Murrieta, CA 92562

$575K3bd · 2ba · 1,200 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•27d on market•MLS# SW-26201424

Property Description

Welcome home to 24843 1st Ave in Murrieta, ideally situated in the sought-after Historic Old Town Murrieta area! Homes in this special neighborhood rarely become available, making this a wonderful opportunity to own in one of Murrieta’s most desirable locations. This charming single-level 3-bedroom, 2-bathroom home offers a comfortable and functional floor plan, including a versatile bonus room that can easily serve as a 4th bedroom, home office, playroom, or flex space. The inviting family room features a huge rock fireplace as its focal point, adding warmth, character, and timeless charm. The galley-style kitchen offers cabinets galore, providing abundant storage and workspace. Just off the kitchen, the separate, spacious dining room is the perfect place to gather with family and friends while enjoying beautiful Santa Rosa Plateau views through the picture window. Step outside to the spacious backyard, where a covered patio provides the perfect setting for entertaining, enjoying your morning coffee, hosting family gatherings, or simply relaxing and enjoying the California sunshine. Numerous important upgrades provide peace of mind, including a newer roof, HVAC approximately 1.5 years old, newer electrical panel and breakers, and newer dual-pane windows. Appliances are included, adding to the home’s convenience and move-in appeal. Enjoy the unique charm of Historic Old Town Murrieta, with local restaurants, shopping, community events, and historic character just moments away. The home is within walking distance of Murrieta Elementary School and is located within the Murrieta Valley Unified School District, with Murrieta Elementary, Thompson Middle School, and Murrieta Valley High School serving the area. For commuters, the location is hard to beat with easy access to both the 15 and 215 freeways. Grocery stores, hospitals, shopping, dining, and everyday conveniences are all close by. When it’s time for a weekend getaway, Temecula Wine Country is approximately 25 minutes away, offering exceptional wineries, dining, and entertainment. Located in one of Murrieta’s most desired areas, this single-level home offers the perfect blend of charm, functional living, beautiful Santa Rosa Plateau views, thoughtful upgrades, highly sought-after schools, and exceptional commuter convenience. Don’t miss this rare opportunity to make 24843 1st Ave your new home!

Features & Amenities

FeeBuilt 1978

Property Details

Land Type
Fee
Year Built
1978
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Hills
Flooring
Carpet, Laminate
Roof
Shingle
City
Murrieta
Zip Code
92562
County
Riverside
Listed byUnknown Office, Heather Penko

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,907.51
Principal & Interest
Loan Amount
$460,000
Total Interest
$586,705
Total Payment Over 30 Years
$1,046,705
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

24843 1st Avenue, Murrieta, CA 92562

Murrieta · Single Family Residence

$575K
Affordable Tier
Beds
3
Baths
2
Sqft
1,200
Lot
6,970 sqft
Year
1978
$/Sqft
$479
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $570,000. Closed comps sold at 103% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $575K· $479/sqft
Total list price
Closed comps
vs closed median $570K
+$5K (+0.9%)
Active comps
vs active median $580K
−$5K (−0.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $462
+$17 (+3.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
25219 RidgeplumeMurrieta1988321,2117,405$486$589,0003695
40120 Paseo Del SolMurrieta1988321,2005,663$450$540,0002592
41181 Mountain Pride DriveMurrieta1988321,2776,534$454$580,0003890
23886 Red Clover CircleMurrieta1988321,2776,534$469$599,0004890
29655 Eagle CrestMurrieta1988321,2624,792$451$569,0002789
Total: 5 · Average3.02.01,245.46,185.6$462$575,40034.8
Median1,262$580,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23867 Falconer DriveMurrieta198808/26/2026321,2135,662$535,000$565,000$4661.063994
39771 Old CarriageMurrieta198708/31/2026321,2126,534$580,999$605,000$4991.044092
23917 Five Tribes TrailMurrieta198810/01/2026321,2134,792$560,000$550,777$4540.9811291
39776 Castile AvenueMurrieta198810/05/2026321,4527,405$619,900$630,000$4341.023889
24663 MorningstarMurrieta198809/22/2026321,0806,098$549,999$570,000$5281.044689
Total: 5 · Average3.02.01,2346,098.2$584,155.4$584,155.4$476.2—55
Median1,213$570,000$570,000

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.