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Murrieta 92562
40222 Colony Dr
$580,000
● House - Off Market

40222 Colony Dr

Murrieta, CA 92562
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,086 Ft²
$3,270
Est. Monthly
$348
HOA / Fees

About This Property

Beautifully maintained SINGLE STORY 2-bedroom, 2.5-bath residence with a den! Located in the premier 55+ gated community of The Colony offering nearly 2,100 sq. ft. of living space on a 7,000 sq. ft. lot, this home is filled with NATURAL LIGHT and has beautiful GOLF COURSE VIEWS! The formal living and dining rooms feature VAULTED CIELINGS, laminate wood flooring and CUSTOM PLANTATION SHUTTERS leading into the spacious great room. The kitchen showcases crisp white cabinetry, ample storage, a dual sink, and an island with a built-in cooktop-perfect for meal prep and entertaining. The adjoining family room offers a cozy tiled fireplace, a newly added CUSTOM-BUILT entertainment center and large windows that frame the serene backyard VIEWS. The spacious primary suite includes double-door entry, dual vanities, a soaking tub, a separate walk-in shower, and new bathroom tile flooring. A secondary bedroom and a versatile den with a custom built in desk provide flexibility and comfort. Step outside to your PRIVATE backyard retreat with a covered patio, ceiling fan, low-maintenance landscaping, and peaceful golf course views. The front yard is fully maintained and watered by the HOA, and the two-car garage includes an additional golf cart parking space. The Colony is one of Southern California's most desirable active adult communities, featuring a resort-style clubhouse, year-round pool and spas, fitness center, tennis and pickleball courts, library, billiards, and so much more. Experience the perfect blend of comfort, community, and leisure in this exceptional home!
Unit Size
2,086 Ft²
Days on Market
74 days
Land Size
0.14 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
$348
Year Built
1998

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Last updated: 10 months ago (SDMLS #250043596SD)

Price History

Date / Event Date Event Price
Jan 20, 2026 Sold
Sold
Dec 23, 2025 In contract -
In contract
Dec 10, 2025 Price Decreased $595,000
↓ $35K (5.5%)
Price Decreased
Dec 5, 2025 Price Decreased $629,500
↓ $10K (1.5%)
Price Decreased
Nov 24, 2025 Price Decreased $639,000
↓ $6K (0.9%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 517
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 101

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,667
  • Gross Building Area: 2,667
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT 21072 10
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 99 MB 263/091 TR 21072-10

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 043229

Geography

  • Subdivision Tract Number: 21072-10
  • Parcel: 947-630-005
  • Lot: 99
  • Municipality: MURRIETA
  • Latitude: 33.5825
  • Longitude: -117.212

    Address

  • Full Address: 40222 Colony Dr
  • Address - House Number: 40222
  • Address - Street Name: Colony
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R034
  • 4-Digit Zip Code: 5525
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 2,086
  • Tax Year: 2023
  • Tax Amount: $634,094
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 024-030

    Appraisal Valuation

  • Standard Deviation: 0.0771
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 94
  • Final Value: 600,804
  • High Value: 647,159
  • Low Value: 554,450

    Market Valuation

  • Market Total Value: $455,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $470,265
  • Assessed Land Value: $141,079
  • Assessed Improvements Value: $329,186

    Sales

  • Current Sale Contract Date: Aug 08, 2023
  • Current Sale Recording Date: Mar 22, 2024
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 85028
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Jul 18, 2020
  • Previous Sale Document Type: 40
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Murrieta


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Frequently Asked Questions

When was property at 40222 Colony Drive built and last sold?
The property at 40222 Colony Drive was built in 1998 and last sold on Aug 8, 2023 for $620,000.
How much is this home worth?
The estimated value of the home located at 40222 Colony Drive is $606,116.
What are some comparable homes to 40222 Colony Drive?
There are currently no comparable homes to 40222 Colony Drive.