
Murrieta, California 92562
This Equestrian Estate is a Strong Value Opportunity, listed at $2,349,999—positioned well below the $2,545,168 Fair Market Value by 7%. This valuation gap offers $195,169 in Instant Equity. Featuring a 6,200 sqft residence, remodeled guest house, and professional equestrian facilities, the property maintains a Condition Rating of 3. With Top-Rated Schools like Cole Canyon Elementary nearby, this estate is an ideal acquisition for Multi-Generational Families or Equestrian Enthusiasts seeking luxury and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37626 Avenida La Cresta Subject | $2,349,999* List Price | 5 | 7 | 6,200 | $411 | - |
A 38565 Celine Cove Active | $2,899,000 List Price | 6 | 6 | 6,800 | $426 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1993, the property is exceptionally well-maintained and move-in ready. While the kitchen and bath aesthetics reflect a high-end renovation from approximately 10-15 years ago (granite counters, dark wood cabinetry), the systems and amenities have seen recent updates, including a remodeled guest house, replastered pool with new equipment, and updated equestrian facilities.
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 = 6200.
Elementary School: Cole Canyon Elementary School (9/10). Middle School: Mary Fay Pendleton Elementary School (9/10).
The estate offers three distinct living quarters, including a 6,200 sqft main residence, a 1,000 sqft remodeled guest house, and an 800 sqft caretaker apartment, ideal for multi-generational families or staff.
With three separate living structures, a pool, and 5 acres of irrigated landscaping, the property requires a substantial and consistent budget for ongoing maintenance and management.
While many features have been updated, the 1993 original construction date suggests that some core mechanical systems and structural elements may be approaching the end of their typical lifecycle.
Gorgeous equestrian estate in the prestigious La Cresta community, showcasing a grand gated entry and timeless architectural elegance. A picturesque approach leads to a circular driveway atop the hill, framed by mature trees and manicured landscaping, welcoming you to the impressive 4-bedroom, 4.5-bath residence. Inside, expansive living spaces include a formal living room with soaring two-story ceilings and fireplace, a spacious family room with wet bar and custom fireplace, and a gourmet kitchen with granite countertops, stainless steel appliances, Sub-Zero refrigerator, double ovens, and 6-burner cooktop, adjoining a large dining area. The main level offers a private office with custom wood desk, a bedroom with en-suite bath, guest bath, and a laundry room with outdoor access. Upstairs, the primary suite features a fireplace, private balcony, and expansive bath with dual walk-in closets, large shower, soaking tub, dual sinks, and ample counter space. Two additional bedrooms, each with their own baths, complete the upper level. French doors open to a resort-style backyard with a recently replastered pool and spa, updated equipment, lighting, waterfall feature, fire pit, built-in BBQ, and Alumawood patio cover. The 5-acre grounds are fully fenced and offer a 4-car garage, exterior lighting, and security system with cameras and gated entry. Landscaping is irrigated by private well with smart system; the home is on city water. Additional features include RV hookups, generator hookup panel, septic for house and barn, and solar-ready infrastructure. A seasonal stream runs through the property. Equestrian amenities include a recently updated 3-stall barn, arena, round pen, paddock, and wash rack with hot water. Barn features include a tack room, sink, and bathroom with washer hookup. Additional living spaces include a remodeled approx. 1,000 sq ft 1-bedroom guest house with full kitchen and updated bath, and an approx. 800 sq ft 1-bedroom apartment above the barn with 3/4 bath and in-unit laundry. The property also includes a goat enclosure, equipment storage, and a gated garden. Mature fruit and nut trees include apple, pear, peach, nectarine, apricot, cherry, plum, citrus, avocado, and pecan. See list of upgrades. Rare opportunity offering space, functionality, and convenience just minutes from shopping, dining, and freeway access. Check out the virtual tour and 3D tour.
No exterior & parking available.
Grades K-5 • 3.4 mi
Grades K-5 • 3.6 mi
Grades K-6 • 13.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 7.0 | 3.0 | 99% |
| Square foot | 6,200 | 2,274 | 99% |
| Lot Size | 217,800 | 7,405 | 94% |
| Price | $2.35M | $700.0K | 98% |
| Price per sq ft | $379 | $327 | 70% |
| Built year | 1993 | 1997 | 40% |
| HOA | $85.0 | $0 | 63% |
| Days on market | 0 | 153 | 2% |
May 13, 2026
$2,349,999
Initial Listing
Aug 17, 2020
$1,275,000
Public Record
Jan 16, 2004
$1,100,000
Public Record