
Murrieta, California 92562
This Magical La Cresta Estate and High-Yield Short-Term Rental is listed at $1,999,999, representing a stable entry at its $1,999,999 Fair Market Value. Boasting a Condition Rating of 3 with recent cosmetic updates, this 5-acre retreat is a proven asset generating $175,000 in annual Airbnb income. The property features a resort-style rock pool, full solar power, and a six-car garage, while benefiting from Top-Rated Schools including San Onofre Elementary (9/10). This unique hybrid of luxury and utility is ideal for Short-Term Rental Investors or Luxury Home Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38151 Calle De Lobo Subject | $1,899,999* List Price | 5 | 4 | 5,106 | $372 | - |
A 19750 Avenida Rosella Sold | $1,598,000 | 5 | 4 | 3,611 | $443 | 0.4 mi |
B 37654 Calle De Lobo Sold | $1,825,000 | 4 | 5 | 4,170 | $438 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic renovations, including new luxury vinyl plank flooring, fresh paint, and the installation of a full solar power system. While the 1986 build date is evident in some architectural details, the home features updated stone countertops in the kitchen and bathrooms, vaulted wood-plank ceilings, and well-maintained recreational facilities. It functions as a high-performing turnkey vacation rental with major systems in good working order, though some cabinetry and tile work reflect older renovation styles rather than a brand-new luxury build.
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 = 5106.
Elementary School: San Onofre Elementary School (9/10). Middle School: Mary Fay Pendleton Elementary School (9/10).
This property is a licensed, turnkey Airbnb generating approximately $175,000 in annual income, making it an exceptional opportunity for investors seeking a high-yield short-term rental.
A history of significant price reductions from the original $2.75M ask may indicate initial overvaluation and could lead to buyer hesitation regarding the property's stabilized market value.
The 1986-built structure, combined with five acres of land, a creek, and extensive recreational infrastructure, requires substantial ongoing maintenance and management costs.
DRASTIC PRICE REDUCTION! IMAGINE WHAT IT WOULD BE LIKE TO OWN THIS MAGICAL FULLY FURNISHED ESTATE RETREAT, WHICH HAS MANY POSSIBILITIES, AND IS PRESENTLY USED AS AN AIRBNB. SURROUNDED BY OAK TREES LOCATED IN THE STUNNING COMMUNITY OF LA CRESTA, MURRIETA, WHICH IS NETTING OVER $100,000 PER YEAR, WITH BOOKINGS FOR MOST OF THE YEAR. The property lies on 5 acres (approx). This estate home is designed for an Airbnb and is completely fenced. A creek also runs alongside the property at the bottom of the hill, adding to the dynamic and beautiful landscape of La Cresta. This newly remodeled pool home is a licensed Airbnb and has been in operation for 1 1/2 years. Escape to this gorgeous Wine Country retreat for an unforgettable experience! The home has 5 bedrooms and 10 beds designed to accommodate up to 20 guests, making it the ideal place for large group getaways. The home has a game room with a pool table, arcade cabinets, and a large flat-screen TV. There is also room on the property to build second home. Enjoy the oversized sofa in the living area or play a game of poker with friends. The extra-large kitchen is fully equipped for any meal you can imagine. Dine outdoors on the luxurious patio or cozy up inside for a meal with family and friends. The back patio extends the whole length of the home and has a BBQ area for those that like to grill while taking in the breathtaking scenery around the property. The master suite has a King-sized bed, built-in trundle beds, and a luxurious bathroom with shower and jetted jacuzzi, and the master bedroom opens up to the large patio. You'll find two guest bedrooms with bunk beds, each featuring a loft area with additional beds. The rear bedroom serves as a cozy lounge area with a pull-out bed. Property has cross fencing and corrals, which can accommodate up to 5 horses per acre. Bring your horses, dirt bikes, ATVs, and other outdoor toys to enjoy the wide-open space, as well as equestrian trails for horseback riding and hiking. Discover your own private haven in the backyard, with a stunning rock pool and spa with a waterfall and waterslide for hours of fun or relaxation. The backyard has a volleyball court and horseshoe pit for fun & games and has 3 firepits for evening gatherings. The property includes a garage with space for up to six vehicles. The home is also solar powered. This property offers fun and tranquility, while also providing a yearly income and offering many amenities and entertainment. Must see!
No exterior & parking available.
Grades K-5 • 3.2 mi
Grades K-5 • 4.2 mi
Grades K-6 • 14.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 75% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 5,106 | 2,283 | 97% |
| Lot Size | 217,800 | 7,405 | 94% |
| Price | $1.90M | $700.0K | 96% |
| Price per sq ft | $372 | $326 | 69% |
| Built year | 1986 | 1997 | 1% |
| HOA | $75.0 | $0 | 62% |
| Days on market | 461 | 152 | 98% |
May 22, 2026
$1,899,999
$1,999,999
-5% Price Drop
Initial Listing
Mar 14, 2026
$1,999,999
$2,190,000
-9% Price Drop
Initial Listing
Nov 14, 2025
$2,190,000
$2,750,000
-20% Price Drop
Initial Listing
Sep 21, 2025
$2,750,000
Initial Listing
Mar 2, 2025
$2,499,000
Initial Listing