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30299 Island Bay Lane, D, Murrieta, CA 92563

$495K3bd · 3ba · 1,387 sqft
Lot 702 sqft•HOA $340/mo•Condominium•
Active
•23d on market•MLS# SW-26206329

Property Description

Welcome to Murrieta's Montego Bay! This stunning 3 bedroom, 2.5 bath townhome style property offers a downstairs layout that makes everyday living and entertaining feel easy. The kitchen is tucked into its own space, with room for a breakfast table, a pantry cabinet and a gas range, while opening to the dining area and living room with its cozy fireplace. Step outside from the dining area to the patio, and enjoy the convenience of a downstairs powder room and a laundry closet with a full-size washer and dryer. All three bedrooms are upstairs, along with two full bathrooms, each with a tub. The spacious primary bedroom has a walk-in closet and its own balcony, while the primary bath offers dual sinks and under-sink storage. Montego Bay is a gated community with a pool, spas, playgrounds and landscaped common areas. The location puts restaurants, shopping and Temecula Valley Unified schools nearby, with convenient access to the 15 and 215 freeways in one direction and Temecula Wine Country in the other.

Features & Amenities

FeeBuilt 2002

Property Details

Land Type
Fee
Year Built
2002
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air, Gas
View
Park/Greenbelt, Trees/Woods
Flooring
Carpet, Tile
City
Murrieta
Zip Code
92563
County
Riverside
Listed byNative, Jessica Foote

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,502.99
Principal & Interest
Loan Amount
$396,000
Total Interest
$505,076
Total Payment Over 30 Years
$901,076
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

30299 Island Bay Lane, D, Murrieta, CA 92563

Murrieta · Condominium

$495K
Affordable Tier
Beds
3
Baths
3
Sqft
1,387
Lot
702 sqft
Year
2002
$/Sqft
$357
Pool: Yes✓
Spa: Yes✓
View: Park/Greenbelt, Trees/Woods✓
Garage: 2-car✓

Listed 6.0% above the median closed sale of $467,000. Price per sqft ($357) is a 12% premium to closed comps ($318).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $495K· $357/sqft
Total list price
Closed comps
vs closed median $467K
+$28K (+6.0%)
Active comps
vs active median $473K
+$22K (+4.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $309
+$48 (+15.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
41880 Davenport WayMurrieta2004331,440899$332$478,00017691
41737 Ridgewalk St.Murrieta2005331,5480$304$470,0007091
41534 King PalmMurrieta2006331,5481,032$306$473,0008288
23607 ArboretumMurrieta2002331,7450$278$484,90011386
24145 Dolcetto AvenueMurrieta2020231,3771,055$327$450,0006083
Total: 5 · Average2.83.01,531.6995.333$309.4$471,180100.2
Median1,548$473,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
39183 Flamingo BayMurrieta200309/03/2026331,3871,849$485,000$480,000$3460.993490
24139 DolcettoMurrieta202109/25/2026331,4720$450,000$442,500$3010.985588
28253 SocorroMurrieta200508/25/2026331,4723,000$455,000$460,000$3121.0113287
24125 Tuscany AvenueMurrieta202109/14/2026231,3770$465,000$467,000$3391.008685
26092 Mayfield Union WayMurrieta200308/31/2026321,6540$485,000$480,000$2900.9913585
Total: 5 · Average2.82.81,472.42,424.5$465,900$465,900$317.6—88.4
Median1,472$467,000$467,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.