HUGE PRICE ADJUSTMENT! FIRST TIME ON THE MARKET! Welcome to this extremely unique property situated on an oversized lot in the heart of central Murrieta. This two-story home features 4 bedrooms and 2.25 bathrooms and offers an exceptional blend of residential comfort and work-from-home versatility.
A standout feature is the fully functional, large detached workshop, ideal for plumbers, electricians, carpenters, or any tradesperson needing ample space for multiple vehicles, equipment, and storage. Set on just over a ¼-acre, the property boasts extensive concrete driveways with covered parking areas, providing excellent protection for vehicles, tools, and supplies. Two additional sheds with electricity offer even more flexibility and potential uses.
The home is well-equipped with roll-up security shutters on all windows and sliding doors, wrought-iron gates, a newer oversized A/C unit, tankless water heater, attic fan, and leased solar panels.
To finish it off, no HOA, close proximity to award winning schools, shopping, banking, medical facilities and Interstate 15 should check all the boxes for everyone looking for a great home.
This is a rare opportunity to own a truly one-of-a-kind property with endless possibilities. Schedule your private showing today—this golden opportunity won’t last!
For sale
Listing Provided by: Trillion Real Estate
Price cut: $100K (2/23)
$775,000
40135 Festival Rd, Murrieta, CA 92562
4beds
2,496sqft
Est.:
Single Family Residence
Built in 1989
0.26 Acres Lot
$771,600 Zestimate®
$310/sqft
$-- HOA
What's special
- 42 days |
- 677 |
- 9 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: 11 hours ago
Listing Provided by:
Gloria Escamilla DRE #01910012 951-505-6723,
Trillion Real Estate,
Co-Listing Agent: Baldemar Escamilla DRE #01929982,
Trillion Real Estate
Source: CRMLS,MLS#: SW26010800
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Rooms
- Room types: Bedroom, Living Room, Dining Room
Bedroom
- Features: All Bedrooms Up
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Linen Closet, Separate Shower, Tub Shower
Kitchen
- Features: Tile Counters
Heating
- Central
Cooling
- Central Air, Attic Fan
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Tankless Water Heater
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, All Bedrooms Up
- Flooring: Laminate, Tile
- Doors: Double Door Entry
- Has fireplace: Yes
- Fireplace features: Family Room, Gas, Primary Bedroom
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,496 sqft
Property
Parking
- Total spaces: 3
- Parking features: Concrete, Door-Multi, Direct Access, Driveway, Garage Faces Front, Garage, Garage Door Opener, RV Access/Parking
- Attached garage spaces: 3
Accessibility
- Accessibility features: Accessible Doors
Features
- Levels: Two
- Stories: 2
- Entry location: .
- Patio & porch: Concrete, Patio
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Good Condition,Vinyl,Wrought Iron
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 0.26 Acres
- Features: Drip Irrigation/Bubblers, Sprinkler System
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 948171012
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Concrete
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Electric: 220 Volts in Garage, Photovoltaics on Grid
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
- Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
Location
- Region: Murrieta
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $371,043
- Annual tax amount: $4,215
- Date on market: 1/15/2026
- Cumulative days on market: 42 days
- Listing terms: Cash,Conventional,FHA,Submit,VA Loan
- Road surface type: Paved
Estimated market value
$771,600
$733,000 - $810,000
$3,314/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Price change | $775,000-11.4%$310/sqft |
Source:  CRMLS #SW26010800 Report a problem | ||
| 1/16/2026 | Listed for sale | $875,000$351/sqft |
Source: CRMLS #SW26010800 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,215 +1.9% | $371,043 +2% |
| 2024 | $4,137 -1.5% | $363,768 +2% |
| 2023 | $4,198 +1.9% | $356,636 +2% |
| 2022 | $4,119 +1.9% | $349,645 +2% |
| 2021 | $4,043 +1% | $342,790 +1% |
| 2020 | $4,002 +1.9% | $339,276 +2% |
| 2019 | $3,927 +1.9% | $332,624 +2% |
| 2018 | $3,852 +1.4% | $326,103 +2% |
| 2017 | $3,800 | $319,710 +2% |
| 2016 | $3,800 +2.4% | $313,442 +1.5% |
| 2015 | $3,710 +4.8% | $308,735 +2% |
| 2014 | $3,539 | $302,689 +0.6% |
| 2013 | -- | $300,848 +2% |
| 2012 | -- | $294,950 +2% |
| 2011 | -- | $289,168 +0.8% |
| 2010 | -- | $287,009 -0.2% |
| 2009 | -- | $287,693 +2% |
| 2008 | -- | $282,053 +2% |
| 2007 | -- | $276,523 +2% |
| 2006 | -- | $271,102 +2% |
| 2005 | -- | $265,787 +3.9% |
| 2003 | -- | $255,802 +2% |
| 2002 | -- | $250,787 +25.4% |
| 2001 | $2,627 +0.4% | $200,000 +1.3% |
| 2000 | $2,616 | $197,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,378/mo
Principal & interest
$3622
Property taxes
$756
Climate risks
Neighborhood: 92562
Getting around
20 / 100
Minimal TransitNearby schools
GreatSchools rating
- 5/10Avaxat Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Shivela Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Murrieta Mesa High SchoolGrades: 9-12Distance: 1.1 mi
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