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20420 Wendy Lane, Murrieta, California 92562, Murrieta, 92562 - 5 bed, 5 bath

20420 Wendy Lane, Murrieta, California 92562 home-pic-0
ACTIVE$4,299,000
20420 Wendy Lane, Murrieta, California 92562
5Beds
5Baths
4,874Sqft
649,044Lot
Year Built
2001
Close
-
List price
$4.3M
Original List price
$5M
Price/Sqft
$882
HOA
$1,000
Days on market
-
Sold On
-
MLS number
PW24174438
Home ConditionGood
Features
Excellent View: Hills, Mountain(s), Neighborhood, Panoramic, Pool, Pasture, Valley
Deck
Pool
Spa
Patio
ViewHills, Mountain(s), Neighborhood, Panoramic, Pool, Pasture, Valley

About this home

We found 3 Cons,5 Pros. Rank: price - $4.30M(100th), sqft - 4874(96th), beds - 5(78th), baths - 5(93th).

Welcome to “Miracle Ranch” a world-renowned equestrian training facility and luxury estate. Amazing opportunity to own one of the most prestigious panoramic view ranches in sought after La Cresta, high above Murrieta/Temecula, easy access to equestrian shows and events. This Equestrian Dream facility offers even the most discerning buyer an opportunity to have their own personal training center or run a business boarding for trainers and clients. Two separate lots total approx.14.9 acres. One lot can be used for an additional home, indoor arena, further pasture areas or sold off down the road. Enter this completely fenced estate through impressive double entry gates and driveway to a circular courtyard with sprawling single story home on expansive lot. Views from every window, endless lawns, elaborate amusement park type double pool with waterfalls, slides, cave, bridge “Tarzan” swing rope and more. Outdoor kitchen, huge patios and entertaining areas. Enter residence through double beveled glass doors to soaring entryway, beautiful formal living room with cozy custom fireplace and French doors to exterior. Large open floor plan, formal dining room for family parties, and spacious library/office area. Stroll along to massive family room with cozy custom fireplace, built-ins, bay window eating nook and chefs delight kitchen with top of line appliances (Wolf/Sub Zero), central island, breakfast bar and walk in pantry. Three secondary bedrooms and a 5th bedroom upstairs, presently used as apartment with bathroom, kitchen, balcony and more. The lavish primary suite sits in own private wing, offering large sitting area, private deck, double closets, soaking tub, and shower. 4/5 car garage completes the residence. The equestrian facilities are unsurpassed. Main mahogany-built barn with European fronts, 8 stalls: 5 stalls 16x20 and 3 stalls 16x16, double doors each end, top of the line finishes, fire sprinkler system, Nelson Auto waterers, speaker system, chandeliers, grooming stalls, utility area. All stalls have mattress flooring, offer exterior open windows with shutters, fans, barn aisle with rubber flooring, fly system, tack room, alarm, cameras office/feed room, lounge, bar, powder bath and viewing deck overlooking stunning 100’ x 350’ arena, Ebb & Flow under footing watering system, GGT footing. Two additional center aisle barns offer 14 stalls each with similar amenities. Total of “36” stalls. See amenities list for additional information.

Nearby schools

9/10
Cole Canyon Elementary School
Public,•K-5•3.4mi
5/10
Wildomar Elementary School
Public,•K-5•3.8mi
5/10
Maie Ellis Elementary
Public,•K-6•12.3mi
9/10
San Onofre Elementary School
Public,•K-6•19.6mi
3/10
David A. Brown Middle School
Public,•6-8•3.2mi
6/10
Thompson Middle School
Public,•6-8•4.2mi
9/10
Mary Fay Pendleton Elementary School
Public,•K-8•16.0mi
8/10
Murrieta Valley High School
Public,•9-12•4.3mi
5/10
Elsinore High School
Public,•9-12•4.9mi
5/10
Fallbrook High School
Public,•9-12•14.6mi

Price History

Date
Event
Price
08/15/25
Price Change
$4,299,000-10.4%
08/01/25
$4,798,000
08/22/24
$4,998,000
Condition Rating
Good
Built in 2001, this luxury estate is 23 years old, placing it just outside the 'Good' category's age range. However, the property's condition, high-end features, and meticulous maintenance elevate it beyond 'Fair'. The kitchen boasts top-of-the-line Wolf/Sub Zero appliances, granite countertops, and classic wood cabinetry, all in excellent condition. The primary bathroom is lavish, featuring marble-like tiling, a large soaking tub, and a spacious walk-in shower. Throughout the home, flooring consists of well-maintained tile and hardwood. There are no visible signs of wear, tear, or deferred maintenance, and the property is clearly move-in ready with no immediate renovations required. While the style leans traditional, it is of high quality and timeless, not outdated. The overall quality and condition align perfectly with the 'Good' criteria of being move-in ready with well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

World-Class Equestrian Facilities: The property is a 'world-renowned equestrian training facility' with 'unsurpassed' amenities, including 36 state-of-the-art stalls, a 100'x350' arena with Ebb & Flow watering, and GGT footing, making it ideal for serious equestrians.
Expansive & Versatile Acreage: Comprising approximately 14.9 acres across two separate lots, the estate offers significant space, privacy, and potential for future development such as an additional home or indoor arena, or even subdivision.
Luxury Estate & Resort-Style Amenities: The main residence is a 'luxury estate' featuring high-end finishes, a chef's kitchen with Wolf/Sub Zero appliances, and an 'elaborate amusement park type double pool' with waterfalls and slides, complemented by an outdoor kitchen and huge patios for entertaining.
Panoramic Views & Gated Privacy: Boasting 'panoramic views' from every window and situated in a 'sought after La Cresta' location, the 'completely fenced estate' with 'impressive double entry gates' ensures both stunning aesthetics and enhanced security.
Strong Income/Business Potential: Designed as an 'equestrian training facility,' it offers a clear opportunity to 'run a business boarding for trainers and clients,' providing a potential revenue stream for the owner.

Cons

Highly Niche Market: The property's specialized nature as a world-class equestrian facility significantly narrows the potential buyer pool, which could lead to extended market time and a more limited number of interested parties.
Substantial Price Reductions: The property has undergone multiple significant price drops from its original $4.998M to the current $4.299M, which may raise questions for potential buyers regarding its true market value or perceived challenges.
High Ongoing Maintenance & Operating Costs: The sheer scale and elaborate nature of the estate, including 14.9 acres, 36 horse stalls, and complex recreational features like the pool, will necessitate substantial ongoing maintenance, utility, and potential staffing expenses.

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