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For sale
  • Listed by: Compass • Baris Yucelt • Contact: 619-206-8377
    Price cut: $30K (5/21)
    $475,000

    40684 Corte Albara, Murrieta, CA 92562

    3beds
    1,263sqft
    : 
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    Single Family Residence
    Built in 1997
    3,920 Square Feet Lot
    $464,700 Zestimate®
    $376/sqft
    $398/mo HOA

    What's special

    Now under new representation with a revised price—Section 1 clearance completed and windows fully repaired. Welcome to easy, elevated living in the highly desirable 55+ gated community of The Colony at California Oaks, where comfort, connection, and convenience come together. This single-story Spanish-inspired residence offers a thoughtfully designed layout with 2 bedrooms plus a versatile bonus room—ideal for a home office, creative space, or additional guest accommodations. Natural light fills the home, enhanced by plantation shutters throughout, creating a warm and inviting atmosphere. Recent updates include fresh interior paint, new carpet in the bedrooms, and durable wood-look tile flooring in the main living areas. The kitchen is well-appointed with ample storage and counter space, along with a newly installed over-the-range microwave. The living area is anchored by a stylishly updated fireplace, perfect for cozy evenings at home. Enjoy a private outdoor space designed for low maintenance and relaxed living—perfect for morning coffee or unwinding at the end of the day. Residents of The Colony have access to an array of amenities including a clubhouse, pool, fitness center, and a variety of social activities. Golf lovers will appreciate the nearby California Oaks Golf Club just minutes away. Ideally located close to shopping, dining, and everyday essentials, this home offers a wonderful opportunity to enjoy a vibrant and active lifestyle in one of Murrieta’s premier 55+ communities. Some photos have been virtually staged to illustrate the home’s potential.
    377 days
    |
    2,663
    |
    113
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Baris Yucelt DRE #02109472 baris.yucelt@compass.com,

    Compass,

    Apryl Stephenson DRE #02042320 951-821-1102,

    Compass

    Source: CRMLS,MLS#: NDP2603695MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Family Room, Kitchen, Primary Bathroom, Primary Bedroom, Office, Other
      Primary bedroom
      • Features: Main Level Primary
      Primary bedroom
      • Features: Primary Suite
      Bedroom
      • Features: Bedroom on Main Level
      Other
      • Features: Walk-In Closet(s)
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
      • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
      Features
      • Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
      • Has fireplace: Yes
      • Fireplace features: Family Room, Gas
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,263 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage - Attached
      • Attached garage spaces: 2
      • Uncovered spaces: 2
      Accessibility
      • Accessibility features: Safe Emergency Egress from Home, Accessible Doors
      Features
      • Levels: One
      • Stories: 1
      • Entry location: front
      • Pool features: Community, Association
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 3,920 Square Feet
      • Features: Back Yard, Landscaped
      Details
      • Parcel number: 947640021
      • Zoning: R-1 Single Family
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1997

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Biking, Curbs, Golf, Rural, Street Lights, Sidewalks, Pool
      • Senior community: Yes
      HOA
      • Has HOA: Yes
      • Amenities included: Clubhouse, Outdoor Cooking Area, Picnic Area, Paddle Tennis, Pickleball, Pool, Recreation Room, Guard, Spa/Hot Tub, Security, Tennis Court(s)
      • HOA fee: $398 monthly
      • HOA name: The Colony
      • HOA phone: 951-677-4341
      Location
      • Region: Murrieta

      Financial & listing details

      • Price per square foot: $376/sqft
      • Tax assessed value: $383,441
      • Annual tax amount: $4,994
      • Date on market: 4/17/2026
      • Cumulative days on market: 377 days
      • Listing terms: Cash,Cash to New Loan,Conventional,FHA,VA Loan

        Estimated market value

        $464,700

        $441,000 - $488,000

        $2,992/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$475,000$376/sqft
        Source: CRMLS #NDP2603695 Report a problem
        6/19/2026Contingent$475,000$376/sqft
        Source: CRMLS #NDP2603695 Report a problem
        5/21/2026Price change$475,000-5.9%$376/sqft
        Source: CRMLS #NDP2603695 Report a problem
        4/17/2026Listed for sale$505,000-1.9%$400/sqft
        Source: CRMLS #NDP2603695 Report a problem
        4/1/2026Listing removed$515,000-3.4%$408/sqft
        Source: SDMLS #CV25095610 Report a problem
        9/27/2025Listing removed$533,000$422/sqft
        Source: SDMLS #CV25095610 Report a problem
        6/28/2025Listed for sale$533,000+58.2%$422/sqft
        Source: SDMLS #CV25095610 Report a problem
        1/23/2018Sold$337,000$267/sqft
        Source: Public Record Report a problem
        1/9/2018Pending sale$337,000$267/sqft
        Source: Help U Sell 951 Realty #SW18001373 Report a problem
        1/5/2018Listed for sale$337,000+46.5%$267/sqft
        Source: Help U Sell 951 Realty #SW18001373 Report a problem
        7/8/2013Sold$230,000-4.2%$182/sqft
        Source: Public Record Report a problem
        4/29/2013Price change$240,000-4%$190/sqft
        Source: Owner Report a problem
        2/13/2013Listed for sale$250,000+108.3%$198/sqft
        Source: Owner Report a problem
        12/2/1997Sold$120,000$95/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,994 +1.9%$383,441 +2%
        2024$4,901 -1.1%$375,924 +2%
        2023$4,955 +1.9%$368,554 +2%
        2022$4,862 +1.9%$361,329 +2%
        2021$4,770 +1%$354,245 +1%
        2020$4,723 $350,614 +2%
        2019-- $343,740 +38.7%
        2018$3,352 +1.4%$247,789 +2%
        2017$3,306 $242,931 +2%
        2016$3,306 +2.4%$238,169 +1.5%
        2015$3,227 +4.4%$234,594 +2%
        2014$3,092 $230,000 +21.9%
        2013-- $188,680 +23.7%
        2012-- $152,534 +2%
        2011-- $149,544 +0.8%
        2010-- $148,429 -0.2%
        2009-- $148,784 +2%
        2008-- $145,868 +2%
        2007-- $143,008 +2%
        2006-- $140,205 +2%
        2005-- $137,457 +3.9%
        2003-- $132,294 +2%
        2002-- $129,701 +2%
        2001$2,210 -0.5%$127,159 +2%
        2000$2,220 $124,666
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 92562

        Getting around

        22 / 100
        Car-Dependent
        18 / 100
        Minimal Transit
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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