Market Report on Homes for Sale in Olive Hill, Murrieta, CA
Market report is followed by links to the current active listing and a link to all 12 sold listings in Olive Hill, Murrieta, since 2008. These links will only be active for 30 days from today, 3/20/2010.
Amenities: This is a gated community nestled against the Santa Rosa Plateau in Murrieta, CA. The homes in Olive Hill custom homes are custom and semi-custom homes on large lots. This gated community boasts many pool homes which really feel like quasi-estate homes. Most are highly upgraded with granite kitchen counters, custom paint and carpet. The bank-owned REO homes in Olive Hill custom homes are selling at prices about 58% of the highest price points of the 2008-2009 time frame (more on pricing below).
Taxes: Olive Hill custom homes have relatively low taxes (apx 1.08%).
Current active listing: Truman Place in Olive Hill Murrieta:
- The home for sale on Truman Place in Olive Hill Murrieta is listed at an asking price of $849,000. Given the sold comparables (see the next bullet point), it would have a hard time appraising at this price.
- SEE THIS ACTIVE LISTING IN OLIVE HILL MURRIETA by searching Murrieta for homes priced from $848,000 to $850,000; link will be good only as long as the home is active and for sale.
- The pictures don't quite do justice to the hillside water-slide into the pool. I attended a party here a couple years back, and the kids absolutely LOVED that water-slide built into the hillside. At the top of the slide is a sitting area to enjoy a panoramic view of Murrieta.
Sold Listings for Olive Hill custom homes in Murrieta:
- The three sold homes from January to March of 2010 in Olive Hill were sold at prices from $450,000 to $495,000.
- In 2009, six Olive Hill homes sold for prices from $475,000 to $770,000.
- In 2008, only three Olive Hill homes sold, at prices from $410,000 to $750,000. You can see pictures and descriptions of the sold listings in Olive Hill Murrieta for 30 days while the link is still active.
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