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$999,000 -$100,000 (-9.1%) Price Reduced
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Property Description
Prime infill development opportunity in Murrieta consisting of three contiguous parcels totaling approximately ±49,659 square feet, with roughly 115 feet of street frontage. The property features a flat, rectangular lot configuration, providing efficient site planning and strong usability for future development. Currently improved with two small residential homes generating income, the site provides holding cash flow while a developer plans future improvements. The property is zoned Commercial Office, allowing for a variety of professional and medical office uses. Strategically positioned at the edge of a rapidly expanding residential corridor, the site sits directly adjacent to a new subdivision with over 100 homes currently under construction, with additional residential developments approved or underway nearby. With commercial zoning, strong frontage, and highly usable topography, the property presents a compelling opportunity for professional or medical office development, including potential multistory construction, to serve the growing surrounding population.
Full Property Details
Full Property Details for 41850 Ivy
General
- Price: $999,000
- Status: Active
- Type: Office
- Source: MRMLS
- MLS ID: OC26049512
- Updated: 5/15/2026
- Days on Market: 72 days
- Added to Site: 72 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Riverside
- Driving Directions: Ivy St/ Adams Ave
Heating & Cooling
- Heating Type: Central
Utilities
- Utility Description: Natural Gas Connected, Electricity Connected, Water Connected
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 1600
- Square Feet: 1,600
- Year Built: 1952
Lot Features
- Lot Size (Acres): 1.14
- Useable Acres: 1.14
- Lot Size (Sq. Ft.): 49,659
- Lot Size Source: Assessor
- Lot Features: Lot Over 40000 Sqft, Level with Street, Rectangular Lot, Flag Lot
- Lot Description: Lot Over 40000 Sqft, Level with Street, Rectangular Lot, Flag Lot
Financial Considerations
- Price Per Sq. Ft.: $624
Disclosures and Reports
- Property ID: 909040011
Listed by Esen Real Estate Services, DanielEscutia
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Schools
Schools serving 41850 Ivy
School District:Murrieta Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Alta Murrieta Elementary School 39475 Whitewood Road, Murrieta, CA 92563 | K-5 | 2.6 mi |
Thompson Middle School 24040 Hayes Avenue, Murrieta, CA 92562 | 6-8 | 1.6 mi |
Murrieta Valley High School 42200 Nighthawk Way, Murrieta, CA 92562 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 41850 Ivy
Date
Details
Price
Change
Source
5/15/2026
Price Reduced
$999,000
-9.1%
MLS
3/06/2026
Listed
$1,099,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 41850 Ivy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,234
2%
$352,812
2%
2024
$4,158
-1%
$345,895
2%
2023
$4,220
2%
$339,114
2%
2022
$4,145
2%
$332,465
2%
2021
$4,071
1%
$325,947
1%
2020
$4,032
2%
$322,606
2%
2019
$3,951
2%
$316,281
2%
2018
$3,881
1%
$310,080
2%
2017
$3,831
43%
$304,000
51%
2016
$2,679
1%
$201,925
2%
2015
$2,654
4%
$198,894
2%
2014
$2,543
223%
$195,000
411%
2013
$787
—
$38,128
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 41850 Ivy
41850 Ivy, Murrieta, CA 92562 (MLS# OC26049512) is a Office property. 41850 Ivy is currently listed for $999,000 and was received on March 06, 2026. Want to learn more about 41850 Ivy? Do you have questions about finding other Office real estate for sale in Murrieta? You can browse all Murrieta real estate or contact a Coldwell Banker agent to request more information.

