Murrieta homes
For sale114 days on market
$1,300,000

41885 Lemon Street, Murrieta, CA 92562

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Beds
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Baths
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Sq ft

About this home

Tremendous Investment/Development opportunity for this perfectly situated lot just one block from Old Town Murrieta. This parcel is now zoned for neighborhood commercial development (NC) and is primed for many possibilities. It is located in an area of Murrieta where new multifamily and commercial developments are planned. The lot isa level 1.1 acre lot with 150 feet of street frontage on Lemon Street. It currently has an existing house that was originally built in the 1950’s and recently remodeled, and an additional storage building that is attached via a breezeway. All utilities are connected to the property. The planned multi-family developments in the surrounding neighborhood, makes it ideal for creating a local market, Café, or other creative, multi-use businesses catering to the growing local community of Murrieta. The corner lot just two parcels away on Washington Avenue with similar lot size, and features frontage on two sides, was sold on March of 2025 for $2,060,000. It is slated for imminent future neighborhood commercial development. There might even be a possibility to double the lot size and street frontage with the potential acquisition of the adjacent lot. Please contact me as the adjacent lot is not currently offered for sale.

Type
Residential
Year built
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Lot
47,916 sq ft (1.10 ac)
Garage
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HOA
None
Pool
No
View
Mountain(s)
Solar
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Estimated payment
$8,199/mo
  • Principal & interest$6,574
  • Property tax (est.)$1,246
  • Home insurance (est.)$379

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Mark McDonald, Compass, 619-665-4614. MLS# NDP2606602. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:43 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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