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39853 Teal Drive
About This Property
Step inside to soaring vaulted ceilings and an abundance of natural light that immediately enhance the spacious living and dining areas. The functional floor plan offers multiple gathering spaces, including a comfortable family room anchored by a charming stone fireplace that flows seamlessly into the kitchen and dining area, creating an ideal layout for both everyday living and entertaining. The kitchen features freshly refinished cabinetry, granite countertops, stainless steel appliances, generous cabinet storage, and views of the backyard, while large windows throughout the home provide a bright and inviting atmosphere.
Upstairs, the spacious primary suite serves as a relaxing retreat with vaulted ceilings, a walk-in closet, and an updated en-suite bathroom featuring refreshed finishes. Three additional bedrooms provide flexibility for family, guests, or a home office and are serviced by a well-appointed hall bathroom. Recent improvements throughout the home help provide a move-in ready experience with modern finishes and refreshed living spaces.
The backyard is designed for Southern California living, highlighted by a sparkling rock-style pool with natural stone accents, a covered patio with pergola, and multiple spaces for outdoor dining, entertaining, or relaxing in the sun. Whether hosting summer gatherings or enjoying a quiet evening outdoors, this private backyard offers the perfect extension of the home's living space.
Conveniently located near award-winning schools, parks, shopping, dining, golf courses, and with easy access to both I-15 and I-215, this home offers the ideal combination of comfort, convenience, and lifestyle in one of Murrieta's most sought-after communities.
Don't miss the opportunity to make this beautifully updated Murrieta home your own. Contact your Realtor today to schedule a private showing.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Sold | ||
| Sold | |||
| Aug 15, 2026 | In contract | - | |
| In contract | |||
| Aug 6, 2026 | Price Decreased |
$624,950
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$634,950
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Jul 3, 2026 | Listed by eXp Realty of California Inc | $649,950 | |
| Listed by eXp Realty of California Inc | |||
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About Murrieta Oaks
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