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$1,300,000
41885 Lemon Street, Murrieta, CA 92562
Compass
0Beds
2Days Listed
1Lot Sq Ft
About This Property
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 1950s 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, Caf, 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.
Mark McDonaldCompass619-665-4614
Property Location
Map
Property Details
- Property Type
- Land
- Bedrooms
- 0
- Bathrooms
- 0
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Active
- Days on Market
- 2
- Cumulative Days on Market
- 1
- Original Price
- $1,300,000
Location & Neighborhood
What's nearby 41885 Lemon Street, Murrieta, CA 92562
Nearby Schools
- Las Brisas Christian Academy0.2 mi
private
- Oak Grove Institute-Jack Weaver School0.3 mi
elementary
- Oak Grove Center0.3 mi
elementary
Parks & Recreation
- Montafino Park0.5 mi
park
Local Amenities
Coffee & Cafes
- The Press Espresso0.5 mi
- Crafted Scone0.6 mi
Dining
- Downtown Public0.6 mi
- Memelli0.6 mi
POI data updated 7/10/2026
Murrieta Market Snapshot
525
Active Listings
$670K
Median Price
75
Avg Days on Market
Last updated: Jul 10, 2026
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Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,300,000