$1,249,800
↓ $100 (0%)
●
House -
For Sale
38027 Cherrywood Drive
Murrieta, CA 92562
3 Beds
3 Baths,
1
Half Bath
3,056 Ft²
$6,882
Est. Monthly
$745
HOA / Fees
About This Property
BACK ON THE MARKET AT NO FAULT OF THE SELLER! Tucked behind the
gates of the exclusive Bear Creek Community, this beautifully
remodeled home offers comfort, style, and a highly livable floor
plan. Featuring 3 bedrooms and 3.5 baths, the home showcases
recently upgraded finishes throughout, including luxury vinyl plank
flooring and a soft neutral palette.
The open kitchen flows seamlessly into the family room with a fireplace, creating an ideal space for everyday living and entertaining. A formal dining room and additional living area, each with their own fireplace, add flexibility and warmth. The spacious primary suite offers a private retreat with its own fireplace, while oversized bedrooms, remodeled baths, and abundant storage enhance functionality.
Set on a large pool-sized lot with a peekaboo golf course view, the outdoor space offers endless potential. Additional features include a 2.5-car garage.
Bear Creek residents enjoy bocce ball, tennis, pickleball, a fitness center, pool and spa, and an optional golf membership, all within a guard-gated community close to hiking, wineries, shopping, and freeway access.
The open kitchen flows seamlessly into the family room with a fireplace, creating an ideal space for everyday living and entertaining. A formal dining room and additional living area, each with their own fireplace, add flexibility and warmth. The spacious primary suite offers a private retreat with its own fireplace, while oversized bedrooms, remodeled baths, and abundant storage enhance functionality.
Set on a large pool-sized lot with a peekaboo golf course view, the outdoor space offers endless potential. Additional features include a 2.5-car garage.
Bear Creek residents enjoy bocce ball, tennis, pickleball, a fitness center, pool and spa, and an optional golf membership, all within a guard-gated community close to hiking, wineries, shopping, and freeway access.
Unit Size
3,056 Ft²
Days on Market
185 days
Land Size
0.09 acres
Price per sqft
$409
Property Type
House
Property Taxes
-
HOA Dues
$745
Year Built
1993
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 16 days ago (CRMLS #SW26092944)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2026 | Price Decreased |
$1,249,800
↓ $100
(0%) | |
| Price Decreased | |||
| Oct 9, 2026 | Price Decreased |
$1,249,900
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Oct 7, 2026 | Price Increased |
$1,299,900
↑ $100K
(8.3%) | |
| Price Increased | |||
| Oct 7, 2026 | Relisted | $1,199,800 | |
| Relisted | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Faces Front, Garage, Golf Cart Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Wet Bar, Breakfast Bar, Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Storage, Bar, Entrance Foyer, Walk-In Closet(s), BreakfastArea, SeparateFormalDiningRoom, PanelingWainscoting, QuartzCounters, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, WalkInPantry
Appliances: Built-In Range, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Water Heater, SixBurnerStove, Barbecue, HotWaterCirculator
Flooring Type: Tile, Vinyl
Door Features: Sliding Doors, DoubleDoorEntry
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Family Room, Living Room, Bedroom, MultiSided
Exterior Details
Square Footage: 3056
Square Footage Source: $0
Security Features: Security Gate, Gated with Guard, Gated Community, GatedWithAttendant
Property Condition: Turnkey
Year Built Source: Assessor
Year Built: 1993
Levels: One
Window Features: Shutters, Atrium
Patio and Porch Features: Patio, Concrete
Pool Features: Association, Community
Lot Features: Back Yard, Front Yard
Lot Size Area: 3920
Lot Size Units: Square Feet
Lot Size Acres: 0.09
Lot Size Square Feet: 3920
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Sport Court, Golf Course, Management, Other, Sauna, Spa/Hot Tub, Security, BocceCourt, ControlledAccess, MeetingBanquetPartyRoom, Guard
HOA Fee: $325
HOA Fee Frequency: Monthly
Condo/Coop Fee: $420
Condo/Coop Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Murrieta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Elizabeth Jones, KW Temecula
Last Updated: 16 days ago
Data Source: CRMLS, MLS# SW26092944
Last Updated: 16 days ago
Data Source: CRMLS, MLS# SW26092944
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017