16757 Old Guejito Grade Road, Escondido, California 92027, Escondido, 92027 - 15 bed, 13 bath
ACTIVE$17,000,000
16757 Old Guejito Grade Road, Escondido, California 92027
15Beds
13Baths
16,000Sqft
5,009,400Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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.
Top Cons:
Exorbitant Price Point: The $17,000,000 listing price significantly narrows the potential buyer pool to an exclusive segment of ultra-high-net-worth individuals.
Compared to the nearby listings
Price:$17.00M vs avg $837.0K (+$16,163,000)99%
Size:16,000 sqft vs avg 1,748 sqft99%
Price/sqft:$1.1K vs avg $47899%
More Insights
Built in 1925 (100 years old).
Condition: Despite being built in 1925, the MLS description states the ranch is 'amazingly restored.' Images of the main house's kitchen and bathrooms confirm extensive, high-quality renovations. The kitchen features modern stainless steel appliances, updated white cabinetry, stone countertops, and contemporary lighting. Bathrooms also show updated vanities, fixtures, and tiling. The property appears to be in virtually new condition with no visible deferred maintenance, meeting current quality standards.
Year Built
1925
Close
-
List price
$17M
Original List price
$17M
Price/Sqft
$1,063
HOA
-
Days on market
-
Sold On
-
MLS number
250020619SD
Home ConditionExcellent
Features
Excellent View: Panoramic, Pasture, Vineyard
Pool
Spa
Patio
ViewPanoramic, Pasture, Vineyard
About this home
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 Rating
Excellent
Despite being built in 1925, the MLS description states the ranch is 'amazingly restored.' Images of the main house's kitchen and bathrooms confirm extensive, high-quality renovations. The kitchen features modern stainless steel appliances, updated white cabinetry, stone countertops, and contemporary lighting. Bathrooms also show updated vanities, fixtures, and tiling. The property appears to be in virtually new condition with no visible deferred maintenance, meeting current quality standards.
Pros & Cons
Pros
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.
Historic & Cultural Significance: The 'World Famous Melrose Ranch' boasts a rich history, built for British Royal Family entertainment and a filming location for a classic movie, offering unparalleled prestige and unique appeal.
Vast & Versatile Acreage: Spanning 115 acres, the property provides immense privacy, agricultural opportunities (orchards, cattle), and ample space for diverse recreational or operational uses.
Significant Income Potential: With five additional houses currently leased, the ranch offers a substantial and immediate income stream, providing a valuable offset to ownership costs.
Comprehensive Infrastructure & Amenities: The estate includes a large, restored main house (6500 sq ft), extensive equestrian/livestock facilities (16000 sq ft barn), a substantial workshop (8000 sq ft), and a self-sufficient water supply (6 wells, 40,000 gal tank).
Exceptional Restoration & Scenic Views: Despite its 1925 origin, the ranch is 'amazingly restored' and offers breathtaking panoramic, pasture, and vineyard views, ensuring immediate luxury and aesthetic appeal.
Cons
Exorbitant Price Point: The $17,000,000 listing price significantly narrows the potential buyer pool to an exclusive segment of ultra-high-net-worth individuals.
High Operational & Maintenance Demands: Managing 115 acres, multiple residences, extensive facilities, and agricultural components will require substantial ongoing financial investment and dedicated personnel.
Age-Related Considerations: While restored, a 1925 property may still present challenges related to older infrastructure, potential for unexpected repairs, and compliance with modern building codes or efficiency standards.