16757 Old Guejito Grade Road, Escondido, California 92027, Escondido, 92027 - 15 bed, 16 bath
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16757 Old Guejito Grade Road
Escondido, California 92027
ACTIVE
CONDITION: GOOD
15Beds
16Baths
16,000Sq Ft
5,009,400Lot Size
Property Price
LIST PRICE$17,000,000
SUMMARY
World Famous Melrose Ranch - 115 Acres, originally built by Lord Somerville to entertain the Great Britain Royal Family, including King Edward VII, also used for filming of movie "Uncertain Glory" starring Errol Flynn in 1944. The ranch is amazingly restored. Stunning landscaping, main house is 6500 sq ft, 5 bedrooms, 3.5 bathrooms, with estate grounds along with greenhouse pool and private yard area, 16000 sq ft barn for horses and livestock, 8000 sq ft shop, 5 more houses on the ranch (all currently leased for additional income), 6 wells on property with 40,000 gal. collective tank, orchards, Texas longhorn cattle and more. This ranch is an opportunity of a lifetime.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While originally built in 1925, the property is described as 'amazingly restored' and the images show immaculate landscaping, a well-maintained pool area, and pristine building exteriors. The estate appears move-in ready and functional across all six residences, consistent with a high-quality restoration within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 5009400, living area = 16000.
- Historical Legacy and Prestige
Originally built for British Royalty and featured in Hollywood cinema, this iconic 1925 estate offers unparalleled historical significance and global recognition.
- Extensive Infrastructure
The 115-acre compound is fully equipped for large-scale operations with a 16,000 sq ft barn, an 8,000 sq ft shop, and a robust water system featuring six wells.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5009400, other record lot size in square feet = 3485671. Living area discrepancy between mls listing and other public or private record. mls listing living area = 16000, other record living area = 4879.
- High Operational Overhead
The massive scale of the 115-acre ranch, including livestock and multiple structures, requires significant ongoing maintenance, staffing, and management costs.
- Niche Market Appeal
At a $17 million price point, the specialized nature of a historic working ranch limits the buyer pool to a very specific segment of ultra-high-net-worth investors.
About 16757 Old Guejito Grade Road
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 5,009,400 Sq. Ft.
Interior
- Total Bedrooms
- 15
- Total Bathrooms
- 16 (16 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 15.0 | 3.8 |
| Baths | 16.0 | 3.0 |
| Square foot | 16,000 | 2,059.182 |
| Lot Size | 5,009,400 | 10,916.716 |
| Price | $17.00M | $960.7K |
| Price per sq ft | $1.1K | $487 |
| Built year | 1925 | 1986 |
| HOA | $0 | $228 |
| Days on market | 46 | 51 |
Pricing History
Listed for Sale
Sep 9, 2026
$17,000,000
Initial Listing
Sold
Oct 25, 1996
$375,000
Public Record
Sold
May 16, 1996
$850,000
Public Record