38500 Calle Pimienta, Murrieta, California 92562, Murrieta, 92562 - 4 bed, 4 bath
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Murrieta, California 92562
This Renovated Equestrian Estate is a Strong Value Opportunity, listed at $1,999,800—positioned well below the $2,160,233 Fair Market Value by 7%. This valuation gap offers $160,433 in Instant Equity. Boasting an Excellent Condition Rating, the 5-acre property features a remodeled gourmet kitchen, paid-for solar, and premier facilities including a 150x75’ arena and barn. Located near top-rated schools like Cole Canyon Elementary, this home combines a luxury lifestyle with financial upside. It is perfect for Equestrian Enthusiasts or Luxury Homeowners seeking a turnkey value buy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38500 Calle Pimienta Subject | $1,999,800* List Price | 4 | 4 | 4,974 | $436 | - |
A 20475 Camino Balada Sold | $1,750,000 | 5 | 5 | 5,338 | $328 | 0.4 mi |
B 38150 Via Huerta Active Under Contract | $2,495,000 List Price | 5 | 6 | 5,049 | $494 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that meet current high-end design standards. Key updates include a fully remodeled gourmet kitchen with premium stainless steel appliances, new wide-plank flooring throughout, designer light fixtures, and fresh paint. Structural improvements such as leveling the living room, along with the addition of paid-for solar and meticulously maintained equestrian facilities, justify the excellent rating despite the 1989 build year.
The estate is a horse lover's dream, featuring a 150x75’ arena, 40’ round pen, a barn with massive turnouts, and direct access to miles of private community trails.
The home has been recently updated with high-end finishes, including a remodeled kitchen, new flooring and paint, designer lighting, and structural improvements like a leveled living room.
The property includes fully paid-for solar panels and benefits from a generous insurance discount due to its strategic proximity to the local fire station.
While much of the home is single-level, both the Primary and Jr. Primary suites are located upstairs, which may be a drawback for buyers seeking a true single-story living experience.
Despite the extensive cosmetic and kitchen renovations, the 1989 construction date suggests that original core systems may eventually require maintenance or modernization.
HORSE LOVERS’ LA CRESTA DREAM ESTATE! This spectacular, recently renovated home on 5 acres comes with all the bells & whistles! Tons of usable land, 150x75’ arena, 40’ round pen, direct trail access, barn with massive turnouts, pool & spa, giant mature trees, parklike grounds with grassy lawns and a very private location within the renown ranch community of La Cresta on the Santa Rosa Plateau. This estate even comes with a generous insurance discount for its proximity to the local fire station! The current owners spared no expense on the home renovations, including new flooring & paint throughout, remodeled kitchen, leveling of the previous sunken living room, designer lighting, custom front door and more! Most of the living space is single level with no steps, spacious rooms, guest wing (great for in-laws, kids…), lots of natural light, beamed ceilings, direct garage access, windows & doors to the beautiful backyard and pool. The Primary Suite and Jr. Primary Suite are both upstairs separated by a dramatic catwalk, providing an abundance of privacy. This remodeled estate in the heart of La Cresta with its usable land, fantastic horse facilities, paid-for solar and easy location is a real gem. And it is PRICED TO SELL! *****LA CRESTA & THE SANTA ROSA PLATEAU: 5-ac minimum parcels, minutes to schools, restaurants, hospitals, shopping, 15 Fwy & Temecula Wine Country. Enjoy this peaceful ranch community w/no commercial businesses, robust social activities, miles of private community trails & 1000s of acres of Ecological Reserve…All less than 1.5 hours from LA, SD, OC, Palm Springs & Big Bear. Discover the country, yet convenient, lifestyle of La Cresta, Tenaja & the Communities of the Santa Rosa Plateau!
No exterior & parking available.
Grades K-5 • 3.4 mi
Grades K-5 • 3.5 mi
Grades K-6 • 12.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 80% |
| Square foot | 4,974 | 2,283 | 97% |
| Lot Size | 219,107 | 7,405 | 94% |
| Price | $2.00M | $700.0K | 97% |
| Price per sq ft | $402 | $326 | 79% |
| Built year | 1989 | 1997 | 30% |
| HOA | $73.0 | $0 | 62% |
| Days on market | 0 | 152 | 2% |
Apr 9, 2026
$1,999,800
Initial Listing
Apr 22, 2024
$1,750,000
Public Record
Aug 20, 1999
$570,000
Public Record
Feb 5, 1999
$550,000
Public Record
Jun 13, 1997
$373,500
Public Record