ActiveResidential · sale

38708 Quail Ridge

Murrieta, CA 92562

$1,749,900

  • 3 beds
  • 4 baths
  • 3,654 sq ft
  • 0.47 acres
  • Built 1987

Listed by First Team Real Estate · MLS #SW26192559

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PROPERTY QUESTIONS & SHOWINGS

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38708 Quail Ridge, Murrieta, CA 92562 · MLS #SW26192559

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

High ceilings & generously sized living spaces and a striking see-through fireplace connects the spacious living room & family room.

Details worth a look

A custom wood gate welcomes you into a private courtyard, setting the tone for what awaits inside.

Year built

Built in 1987.

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

THE PROPERTY

Get to know the property.

Welcome to an exceptional single-story residence in the prestigious guard-gated community of Bear Creek. Situated on an expansive .47-acre corner lot, this beautifully appointed 3,654-square-foot home combines timeless elegance, thoughtful design, & an incredible resort-style backyard. A custom wood gate welcomes you into a private courtyard, setting the tone for what awaits inside. The interior showcases timeless travertine flooring, abundant natural light, newer windows, custom wood shutters, designer finishes & custom lighting throughout. High ceilings & generously sized living spaces and a striking see-through fireplace connects the spacious living room & family room. The family room features a custom built-in wet bar, making it the perfect gathering space. The kitchen has granite countertops, stainless steel appliances including a Sub-Zero refrigerator, abundant cabinetry, & a large walk-in pantry. A charming breakfast nook provides the perfect spot for casual dining. Each bedroom is thoughtfully designed with its own en-suite bathroom. The luxurious primary suite opens directly to the backyard through French doors, while the spa-inspired primary bath offers dual sinks, a large walk-in shower, bidet, & generous walk-in closet. Both secondary bedrooms include walk-in closets, built-in desks, & private en-suite baths. A dedicated office features custom built-in shelving, desks, & cabinetry—an ideal space for working from home or managing daily life. The backyard is truly a private paradise. The newly remodeled pool and spa feature new PebbleTec, stone coping, & beautiful new tile & stone surround. A covered patio, outdoor kitchen, outdoor lighting, & hardscape create an exceptional setting for entertaining. A large outdoor cabana with lighting provides additional space for gatherings, while an outdoor shower adds convenience. New artificial turf & a Rachio smart water management system complete this beautifully designed outdoor environment. Located within Bear Creek, a prestigious guard-gated community surrounding a private Jack Nicklaus golf course, residents enjoy an array of amenities including a fitness center, community pool and spa, pickleball, tennis, bocce ball, playground, and 24-hour guard-gated security. From the private courtyard and elegant interiors to the spectacular remodeled pool and resort-inspired backyard, this exceptional Bear Creek property offers the perfect blend of luxury, privacy, and effortless California living.

THE NEIGHBORHOOD

Explore the location.

38708 Quail Ridge, Murrieta, CA 92562

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Map position comes from the listing source. Open directions in Google Maps

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

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
1987
Full baths
3
Half baths
1
Garage spaces
3
Cooling
CentralAir
Heating
Central
Appliances
ConvectionOven,DoubleOven,Dishwasher,GasCooktop,Disposal,Microwave,Refrigerator,RangeHood,SelfCleaningOven,WaterHeater
Flooring
Carpet,Stone
Fencing
WroughtIron
Pool
Yes
Pool features
Heated,InGround,Private,Association
Spa
Yes
Parcel
904250009
HOA
Bear Creek
HOA amenities
BocceCourt,FitnessCenter,MeetingRoom,OtherCourts,Playground,Pickleball,Pool,Guard,Sauna,SpaHotTub,TennisCourts
HOA fee frequency
Monthly
HOA fee
$325.00

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$7,291.25
Cap rate

Annual operating income:

HOA: Includes $325.00 per month in HOA dues, converted from the $325.00 monthly fee reported by the listing source.

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Adjust assumptions
Purchase price
Rental income & operating costs

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

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.

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

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

Estimated monthly principal & interestLoan 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

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #SW26192559 · California Regional MLS

Listing brokerage: First Team Real Estate
Listing agent: Barbie Blackmore

Listing status: Active. Record updated . 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.