40335 Avenida Altejo Bella, Beaumont, California 92223, Cherry Valley, 92223 - 15 bed, 19 bath
40335 Avenida Altejo Bella
Beaumont, California 92223
Property Price
SUMMARY
Analysis of 40335 Avenida Altejo Bella, Beaumont, California 92223 is currently available with a list price of $4,195,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Beaumont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1994, making it 30 years old. While exceptionally well-maintained and grand, the interior, particularly the main house kitchen and bathrooms, reflects a traditional style consistent with its build year or a renovation 15-30 years ago. The kitchen features white raised-panel cabinets and older-style countertops, and the bathrooms have traditional vanities and tile work. While functional and clean, these areas show signs of being outdated and would require minor updates to meet current aesthetic standards. The overall structure and exterior are in excellent condition, but the interior finishes prevent a 'Good' or 'Excellent' rating based on modern quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive & Versatile Estate
Sprawling 15-acre property featuring a 10,067 sqft main residence with 8 beds/9 baths, complemented by 7 independent cottages, offering vast space and flexible living arrangements.
- Luxury Resort-Style Amenities
Boasts a private swimming pool, professional-grade tennis court, fully-stocked fishing pond, and multiple BBQ areas, providing an unparalleled recreational and entertainment experience.
- Significant Income & Guest Potential
The seven well-appointed cottages, each with a bathroom and mini-kitchen, explicitly support short-term rentals and retreats, offering substantial revenue generation or multi-generational living options.
CONSRISKS & DEFICIENCIES
- High Operational & Maintenance Costs
The extensive acreage, multiple structures, and numerous luxury amenities necessitate significant ongoing expenses for upkeep, utilities, and potential staffing (e.g., caretaker).
- Niche Market Appeal
The property's specialized nature as an 'equestrian destination' and its grand scale may limit the pool of potential buyers to a very specific demographic, potentially affecting market liquidity and sale duration.
- Potential for Modernization Needs
Constructed in 1994, certain elements of the main residence or cottages, despite a 'chef's kitchen,' may require updates or renovations to align with contemporary luxury standards, incurring additional investment. The recent price reduction also suggests market resistance.
About 40335 Avenida Altejo Bella
Welcome to Khyra Beaucrest Ranch, a Southern California equestrian destination nestled in the stunning foothills of Cherry Valley, with unparalleled views of the San Gorgonio Mountain Range. From the moment you set foot on this sprawling 15-acre property, you'll be whisked away into another world, far from the bustle of city living. The centerpiece of the property is a sprawling 3-story French-inspired ranch home boasting 8 bedrooms and 9 bathrooms, a chefs' kitchen, library, bar, large dining room, and two living rooms. The estate also includes 7 exquisite cottages, each with their own bathroom, mini kitchen and patio. This one-of-a-kind ranch also features a well-appointed swimming pool, a tennis court fit for professionals, large open fields, a fully-stocked fishing pond, and two BBQ areas perfect for outdoor entertaining. A full-time live-in caretaker lovingly tends to the horses, goats, chickens and other wildlife on the property, making this an ideal place to relax, unwind, and experience the best that nature has to offer. Short term rentals and retreats available.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 639,025 Sq. Ft.
Interior
- Total Bedrooms
- 15
- Total Bathrooms
- 19 (19 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 15.0 | 3.0 | 100% |
| Baths | 19.0 | 3.0 | 100% |
| Square foot | 10,067 | 2,017 | 100% |
| Lot Size | 639,025 | 6,534 | 98% |
| Price | $4.20M | $530.0K | 100% |
| Price per sq ft | $417 | $261 | 94% |
| Built year | 1994 | 2007 | 18% |
| HOA | $0 | $155 | 29% |
| Days on market | 605 | 187 | 100% |
Pricing History
Listed for Sale
Sep 9, 2025
$4,195,000
Initial Listing
Price Change
Jul 10, 2024
$4,300,000
Initial Listing