$525,000
●
House -
Off Market
26922 Lemon Grass Way
Murrieta, CA 92562
4 Beds
3 Baths
2,949 Ft²
$771,630
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
What a beautiful, spotless and move-in ready Murrieta Home in the
highly desirable and Guard Gated Community of Greer Ranch! This
2,949 square foot home features 4 bedrooms and 3 full bathrooms
with a large MAIN FLOOR BEDROOM that can be a great mother-in-law
suite or guest room. This home features a grand entrance with
cathedral ceilings, a formal living room, a formal dining room,
large family room, an open-concept and spacious kitchen, large
kitchen island, breakfast bar, granite countertops, tile
backsplash, large walk-in pantry and upgraded stainless steel
appliances. With high ceilings, engineered hardwood flooring
downstairs, and carpet throughout the rest of the home. The master
suite is over-sized with a HUGE master bedroom and spacious master
bathroom. You also have 2 other large bedrooms that are connected
by an upgraded jack and jill bathroom. The large laundry room is
located downstairs and leads you to the 3 car tandem garage which
has plenty of storage and space for a workshop! Out back you have a
very rare and over-sized lot with over 10,000 square feet of space.
Very rarely will you see a lot like this in this area. The Greer
Ranch Community is the most desirable neighborhood in Murrieta,
this is a guard gated gated community with a community pool, spa,
park and large clubhouse! This home is located less than 5 minutes
to award-winning Murrieta Schools, shopping, the 215 and 15
Freeways, parks and so much more!!!
Unit Size
2,949 Ft²
Days on Market
49 days
Land Size
0.24 acres
Price per sqft
$176
Property Type
House
Property Taxes
-
HOA Dues
$225
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #SW19028925)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2023 | No longer available | - | |
| No longer available | |||
| May 9, 2023 | In contract | - | |
| In contract | |||
| May 4, 2023 | Listed by Keller Williams Realty, San Diego North Inland | $935,000 | |
| Listed by Keller Williams Realty, San Diego North Inland | |||
| | |||
|
Simply the finest Greer Ranch has to offer! Situated down a cul-de-sac on one of the largest, most private corner lots sits this special home, 26922 Lemon Grass Way. NEW in 2020-2022 - PebbleTec POOL & SPA with an entirely redesigned tropical paradise backyard. Pool area features a baja shelf, built-in umbrella, hammock plus HUGE patio space & lawn. BRAND NEW 35-panel REC SOLAR owned outright. The minute you walk through the grand entrance you will be floored as you notice the impeccable attention to detail this home offers. Cathedral ceilings, plantation shutters, crown molding, thick decorative baseboards & rich hardwood floors highlight the formal living area. The downstairs bedroom functions as a guest room, mother-in-law suite or office. The downstairs FULL bath is very nicely appointed with a granite slab shower & luxury fixtures. You'll love the wainscoting in the large formal dining room. The bright, impressive kitchen features granite counters & stainless steel appliances. It opens up directly to the family room. Upstairs, the master suite is truly just that, a SUITE. It has a recently upgraded master bath separated by a gigantic custom barn door. There are an additional two bedrooms that share a jack-and-jill bathroom. This is a SMART HOME, utilizing Ecobee thermostats for the dual HVAC systems, AquaLink for the pool & Ring doorbell. Don't forget the fully permitted EV-TESLA charging station in the 3-car tandem garage which is nicely finished with epoxy floors. This is a once in a lifetime opportunity. The manager has listed the unit size as 2949 square feet.
| |||
| Feb 6, 2023 | No longer available | - | |
| No longer available | |||
| Jan 26, 2023 | Price Decreased |
$899,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Greer Ranch
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Listed by: Justin Short, Re/Max Real Pros
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19028925
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19028925
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