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Sold for $505,000
  • Listed by: Realty ONE Group West • Kimberly Ivanov • Contact: 951-234-7755
    Bought with: Rebecca Holzmann
    $505,000

    40725 Corte Albara, Murrieta, CA 92562

    3beds
    1,263sqft
    Single Family Residence
    Built in 1998
    4,356 Square Feet Lot
    $505,300 Zestimate®
    $400/sqft
    $2,992 Estimated rent

    Home value

    $505,300

    $460,000 - $556,000

    $2,992/mo

    Zestimate® history
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    What's special

    Cozy fireplaceTwo-car garagePrivate backyardEn-suite bathroomPrimary suiteFormal dining areaCeiling fan
    BEAUTIFUL SINGLE-STORY HOME IN THE COLONY ~ One of the area's most sought-after 55+ gated communities. Welcome to this beautifully maintained 2-bedroom, 2-bathroom home with a versatile den/office—perfect as a potential 3rd bedroom or hobby space. This home offers comfort, privacy, and a vibrant lifestyle. Step inside to a bright, open floor plan featuring vaulted ceilings, lots of natural light, beautiful flooring throughout. The living room offers a cozy fireplace - ideal for relaxing evenings - while the adjacent formal dining area provides the perfect setting for entertaining guests or enjoying holiday meals. The spacious kitchen offers ample counter space, plenty of cabinets for storage and a large sliding door that opens to the private backyard— Enjoy outdoor living under the expansive Alumawood covered patio, complete with a ceiling fan, recessed lighting and roll down sun shades. Perfect for enjoying your morning coffee or evening gatherings. Also, enjoy peace of mind with vinyl fencing on each side. The primary suite features an en-suite bathroom with dual sinks and a walk-in shower, while the secondary bedroom and full bath are conveniently located on the opposite side for added privacy. The two-car garage includes lots of built-in storage cabinets, providing plenty of space for tools, hobbies, or seasonal items. From the moment you enter The Colony itself is a premier gated senior community for residents 55+, offering a wealth of amenities, including a resort-style clubhouse, a year-round pool, two spas, and lighted pickleball, paddle tennis, and tennis courts. Residents also enjoy access to a gym, library, ping pong, billiards, and a salon for hair and nails. The community hosts a variety of groups, activities, and events, from shows and dances to concerts, bingo, and themed parties, ensuring there’s always something to do. A privately owned 18-hole golf course is conveniently located within the gates, and the HOA waters and maintains all front yards. With 24-hour security patrol and a guard-gated entrance, you can relax knowing your safety and privacy are well taken care of. Plus, the location is ideal, with easy access to shopping, dining, medical services, casinos, and wineries. This is more than a home, it's a lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Ivanov DRE #01905567 951-234-7755,

    Realty ONE Group West

    Bought with:

    Rebecca Holzmann, DRE #01387860

    Rebecca Holzmann

    Source: CRMLS,MLS#: SW25193812MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom, Other, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathroom Exhaust Fan, Dual Sinks, Separate Shower, Tub Shower
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave, Dryer, Washer
    • Laundry: In Garage
    Features
    • Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Solid Surface Counters, All Bedrooms Down, Primary Suite, Walk-In Closet(s)
    • Windows: Blinds
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,263 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Direct Access, Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1/1
    • Patio & porch: Concrete, Covered, Patio
    • Pool features: Association
    • Has spa: Yes
    • Spa features: Association
    • Fencing: Vinyl,Wrought Iron
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 4,356 Square Feet
    • Features: Back Yard
    Details
    • Parcel number: 947640042
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Storm Drain(s), Street Lights, Gated
    • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Attendant, 24 Hour Security, Smoke Detector(s)
    • Senior community: Yes
    HOA
    • Has HOA: Yes
    • Amenities included: Bocce Court, Billiard Room, Call for Rules, Clubhouse, Controlled Access, Fitness Center, Maintenance Grounds, Game Room, Meeting Room, Management, Meeting/Banquet/Party Room, Maintenance Front Yard, Outdoor Cooking Area, Barbecue, Picnic Area, Paddle Tennis, Pickleball, Pool, Spa/Hot Tub, Tennis Court(s)
    • HOA fee: $348 monthly
    • HOA name: The Colony
    • HOA phone: 951-677-4341
    Location
    • Region: Murrieta

    Financial & listing details

    • Price per square foot: $400/sqft
    • Tax assessed value: $443,795
    • Annual tax amount: $5,729
    • Date on market: 9/5/2025
    • Cumulative days on market: 137 days
    • Listing terms: Submit
    • Inclusions: Kitchen Refrigerator, Washer & Dryer (ALL with No Guarantee or Warranty)

    Price history

    DateEventPrice
    3/24/2026Sold$505,000-1.9%$400/sqft
    Source: CRMLS #SW25193812 Report a problem
    1/29/2026Pending sale$515,000$408/sqft
    Source: CRMLS #SW25193812 Report a problem
    12/24/2025Listed for sale$515,000+25.6%$408/sqft
    Source: CRMLS #SW25193812 Report a problem
    5/21/2021Sold$410,000+26.2%$325/sqft
    Source: Public Record Report a problem
    11/14/2019Sold$325,000-1.5%$257/sqft
    Source: CRMLS #IG19220919 Report a problem
    10/11/2019Pending sale$329,900$261/sqft
    Source: Reliance Real Estate Services #IG19220919 Report a problem
    10/5/2019Price change$329,900-5.7%$261/sqft
    Source: Reliance Real Estate Services #IG19220919 Report a problem
    9/16/2019Listed for sale$349,900+14%$277/sqft
    Source: Reliance Real Estate Services #IG19220919 Report a problem
    9/1/2016Sold$307,000-2.5%$243/sqft
    Source: Public Record Report a problem
    7/12/2016Pending sale$315,000$249/sqft
    Source: Premier One, REALTORS� #SW16144946 Report a problem
    7/5/2016Listed for sale$315,000+121.1%$249/sqft
    Source: Premier One, REALTORS� #SW16144946 Report a problem
    6/30/1999Sold$142,500$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,729 +1.9%$443,795 +2%
    2024$5,621 -1.1%$435,094 +2%
    2023$5,683 +1.9%$426,564 +2%
    2022$5,576 +20.5%$418,200 +27.4%
    2021$4,629 +1%$328,366 +1%
    2020$4,584 +4.2%$325,000 +1.8%
    2019$4,400 +1.9%$319,401 +2%
    2018$4,319 +1.4%$313,140 +2%
    2017$4,260 $307,000 +63.2%
    2016$4,260 +61.1%$188,167 +1.5%
    2015$2,644 +4.2%$185,342 +2%
    2014$2,537 $181,714 +0.5%
    2013-- $180,895 +2%
    2012-- $177,349 +2%
    2011-- $173,872 +0.8%
    2010-- $172,574 -0.2%
    2009-- $172,986 +2%
    2008-- $169,595 +2%
    2007-- $166,270 +2%
    2006-- $163,011 +2%
    2005-- $159,815 +3.9%
    2003-- $153,811 +2%
    2002-- $150,796 +2%
    2001$2,486 +1.6%$147,840 +2%
    2000$2,447 $144,942
    Find assessor info on the county website

    Neighborhood: 92562

    Nearby schools

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    Estimated market value
    $505,300
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    Estimated market value
    $505,300