38974 Paseo De Oro

Murrieta, CA 92563

$489,900

2 beds
3 baths
1,922 sq ft
0.02 acres
Built 1973

Listed by First Team Real Estate · MLS #SW26197464

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38974 Paseo De Oro, Murrieta, CA 92563 · MLS #SW26197464

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

A recessed walk leads into a bright, open floor plan featuring newer luxury vinyl plank flooring, recessed lighting, ceiling fans, and a fresh, neutral color palette.

Details worth a look

The primary suite features vaulted ceilings, a walk-in closet, an additional mirrored wardrobe closet, an updated bathroom, and a private balcony with beautiful views of the surrounding greenbelt and golf course fairway.

Year built

Built in 1973.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

READY TO MOVE IN!!! Beautifully updated interiors and peaceful golf course views make this completely remodeled two-story condo in Murrieta’s Ridgegate community a special place to call home. A recessed walk leads into a bright, open floor plan featuring newer luxury vinyl plank flooring, recessed lighting, ceiling fans, and a fresh, neutral color palette. Soaring ceilings and expansive windows bring natural light into the living area while showcasing the mature trees and open space behind the home. Flooring has been replaced with upgraded luxury vinyl plank flooring. All upgrades have been completed in 2026.

The renovated kitchen features stylish gray cabinetry, light countertops, a decorative tile backsplash, stainless steel appliances, and a large window overlooking the greenery. Connected living and dining spaces offer a comfortable setting for everyday living and entertaining, with sliding glass doors providing access to the outdoor patios. A downstairs powder room and indoor laundry add convenience.

Upstairs, an open loft overlooks the living area and offers space for a home office, reading nook, or additional sitting area. The primary suite features vaulted ceilings, a walk-in closet, an additional mirrored wardrobe closet, an updated bathroom, and a private balcony with beautiful views of the surrounding greenbelt and golf course fairway. The second bedroom includes mirrored closet doors and its own private remodeled bathroom with tub and shower combination.

Enjoy morning coffee on the covered rear patio or unwind on the balcony overlooking the grassy common area and mature trees, with open space separating the community grounds from the nearby golf course fairway. A detached single car garage and established community landscaping complete this inviting home.

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THE NEIGHBORHOOD

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38974 Paseo De Oro, Murrieta, CA 92563

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months

Months of supply4.112-month average

Days on market5312-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1973
Full baths: 1
Half baths: 1
Garage spaces: 1
Cooling: CentralAir
Heating: Central
Appliances: Dishwasher,ElectricCooktop,ElectricOven,Disposal,Microwave,Refrigerator,WaterToRefrigerator,WaterHeater,Dryer,Washer
Flooring: Vinyl
Utilities: CableConnected,ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,WaterConnected
Fencing: None
Accessibility: AccessibleDoors
Pool: No
Pool features: Community,Fenced,InGround,Association
Spa: Yes
Parcel: 913180066
HOA: Ridgegate
HOA amenities: CallForRules,MaintenanceGrounds,Pool,SpaHotTub
HOA fee frequency: Monthly
Elementary school: Monte Vista
High school: Vista Murrieta
HOA fee: $375.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$2,041.25

Cap rate—

Annual operating income: —

HOA: Includes $375.00 per month in HOA dues, converted from the $375.00 monthly fee reported by the listing source.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Listing information

MLS #SW26197464 · California Regional MLS

Listing brokerage: First Team Real Estate
Listing agent: Eric Tomlinson

Listing status: Active. Record updated September 12, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.