20765 Avenida Castilla, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 3 bath
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Murrieta, California 92562
This Renovated Equestrian Estate is a Strong Value Opportunity, listed at $1,349,888—positioned well below the $1,443,908 Fair Market Value by 6%. This valuation gap provides $94,020 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the home features a Gourmet Granite Kitchen and Spa-like Primary Suite on five usable acres. With Premium Equestrian Facilities and access to Top-Rated Schools like Cole Canyon Elementary, this sanctuary is perfect for Luxury Homeowners or Owner-Occupants seeking a turnkey ranch lifestyle.
Property is new construction or fully renovated.
Although originally built in 1984, the property has undergone extensive recent renovations that meet modern luxury standards. The gourmet kitchen features high-end dark wood cabinetry and granite countertops, while the primary bathroom has been updated to a spa-like retreat with a frameless glass shower. With updated flooring, central HVAC, and meticulously maintained grounds including artificial turf and premium equestrian facilities, the home shows no signs of deferred maintenance and is in turn-key condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 3207.
Elementary School: San Onofre Elementary School (9/10). Middle School: Mary Fay Pendleton Elementary School (9/10).
The property is a horse lover's dream, featuring a center-aisle barn, riding arena, fenced paddocks, and direct access to La Cresta’s extensive trail system on five fully usable acres.
The monthly association fee of $875 is substantial, which may be a deterrent for buyers sensitive to high recurring carrying costs.
The three-level floor plan may be less appealing to buyers specifically seeking the accessibility and convenience of a single-story ranch-style equestrian estate.
Discover the pinnacle of Southern California living at 20765 Avenida Castilla, a private sanctuary nestled within the prestigious La Cresta equestrian community on Murrieta’s scenic Santa Rosa Plateau.This beautifully updated 3-level home offers 4 bedrooms, 2.5 bathrooms, and 3,207 square feet of elegant living space, with primary living on the main level, on a fully usable 5-acre parcel. Built in 1984 and thoughtfully refreshed, the property features a warm stucco exterior with natural stone accents, a classic tile roof, and a long, winding private driveway through vibrant, meticulously landscaped grounds. A charming wrap-around porch adds to the inviting appeal.Inside, natural light pours through oversized windows into an open-concept design. The grand living room features a dramatic stacked-stone fireplace, ideal for relaxing or entertaining. The spacious family room showcases rustic flagstone flooring and a ceiling fan. The gourmet kitchen impresses with rich dark wood cabinetry, granite countertops, stone backsplash, breakfast bar, and windows framing beautiful garden and hill views.The primary suite includes a spa-like bathroom with a frameless glass walk-in shower and dual vanities. Rresort-style living awaits with expansive concrete patios, multiple seating areas under large umbrellas, a pristine artificial turf lawn, and lush gardens filled with vibrant flowers, bougainvillea, cacti, and mature trees. Multiple decks and the wrap-around porch provide stunning panoramic mountain and valley views.Equestrian lovers will appreciate the established facilities, including a center-aisle barn, fenced paddocks, pastures, a riding arena, and room for expansion, plus direct access to La Cresta’s scenic trails.Additional features include a 3-car attached garage, central HVAC, and full La Cresta HOA benefits.Just minutes from top-rated Murrieta schools and shopping, the property is only a 15-minute drive to Temecula Valley Wine Country. Enjoy over 40 acclaimed wineries such as world-renowned Europa Winery, Wilson Creek, South Coast Winery, and Ponte Family Vineyard for tasting rooms, events, and fine dining.This exceptional estate perfectly combines sophisticated interiors, spectacular outdoor amenities, strong equestrian potential, and easy access to wine country in one of the region’s most desirable communities.
No exterior & parking available.
Grades K-5 • 3.3 mi
Grades K-5 • 3.4 mi
Grades K-6 • 12.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,207 | 2,427 | 75% |
| Lot Size | 217,800 | 7,840 | 93% |
| Price | $1.35M | $715.0K | 86% |
| Price per sq ft | $421 | $317 | 84% |
| Built year | 1984 | 1998 | 0% |
| HOA | $875.0 | $0 | 99% |
| Days on market | 39 | 186 | 1% |
Mar 14, 2026
$1,349,888
Initial Listing
Oct 2, 2019
$815,000
Public Record
Dec 28, 2011
$575,000
Public Record
Nov 19, 1999
$399,000
Public Record
Dec 31, 1997
$290,000
Public Record
Aug 18, 1994
$330,000
Public Record