$529,000
- 3 Beds
- 2.5 Baths
- 1,574 Sq Ft
40317 Calle Real, Murrieta, CA 92563
Sharon Geier RE/MAX One
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Why Live in The Colony
The Colony in Murrieta is a gated community with three private entrances, one of which is staffed by 24/7 guards. The neighborhood features wide residential streets lined with 1990s new traditional homes that incorporate Mediterranean-style elements such as terracotta-tiled roofs, arched details, and stucco facades. These homes typically offer two to three bedrooms and range from 950 to 2,100 square feet. The Colony Homeowners Association maintains well-manicured yards and public areas, with monthly fees between $200 and $250. Residents enjoy miles of walking and biking paths, a clubhouse, and a shared pool and spa area. The 18-hole, par 70 California Oaks Golf Course is a prominent feature in the community's southern half. Glen Arbor Park, with its walking trail, athletic fields, and playground, is a favorite among dog owners and families. Shopping and dining options are conveniently located along California Oaks Road, including Barons Market, Walgreens, Hana Sushi Murrieta, and several fast-casual eateries. For more extensive shopping and dining, Temecula is just 8 miles south, offering the Promenade Temecula mall and Old Town Temecula's nightlife and wineries. The Colony is accessible via California Oaks Road, which connects to Interstate 15 and Interstate 215. Public transportation options include the Las Vegas Shuttles and Metrolink to Riverside. The nearest hospital, Loma Linda University Health-Murrieta, is 4 miles northeast, and Ontario International Airport is 45 miles north.
Home Trends in The Colony, CA
On average, homes in The Colony, Murrieta sell after 62 days on the market compared to the national average of 70 days. The median sale price for homes in The Colony, Murrieta over the last 12 months is $390,000, down 24% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$390,000
Median Single Family Sale Price
$395,000
Median Townhouse Sale Price
$275,000
Median 2 Bedroom Sale Price
$745,000
Average Price Per Sq Ft
$187
Number of Homes for Sale
3
Last 12 months Home Sales
116
Months of Supply
0.30
Median List Price
$399,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-24%
The Colony Types of Homes for Sale
More About Living in The Colony
Homes in Nearby Neighborhoods
Homes in Nearby Cities
Homes in Nearby Counties
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