40335 Avenida Altejo Bella, Cherry Valley, California 92223, Cherry Valley, 92223 - 15 bed, 19 bath
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Cherry Valley, California 92223
This expansive 15-acre equestrian estate represents a Strong Value Opportunity, listed at a List Price of $3,995,000—positioned well below the $4,212,695 Fair Market Value by 5%. This valuation gap provides $217,695 in Instant Equity. Featuring a 10,067 sqft residence, seven guest cottages, and resort-style amenities, the property maintains a Fair Condition Rating due to its 1994 vintage finishes. This unique asset is ideal for Luxury Estate Investors or Multi-Generational Owner-Occupants seeking a private, high-potential ranch retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40335 Avenida Altejo Bella Subject | $3,995,000* List Price | 15 | 19 | 10,067 | $418 | - |
A 40335 Avenida Altejo Bella Active | $4,195,000 List Price | 15 | 19 | 10,067 | $417 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, the property is now 30 years old and falls into the 'Fair' category based on age. While the estate is well-maintained and functional, the interior images show dated 90s-era luxury finishes, such as parquet flooring and heavy wood paneling, indicating a need for cosmetic updates to kitchens and baths to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 639025, living area = 10067.
Spanning approximately 15 acres, this property features comprehensive equestrian facilities, including expansive pastures and livestock accommodations, offering a premier ranch lifestyle in the San Gorgonio foothills.
In addition to the main residence, seven private guest cottages with individual kitchenettes and patios provide exceptional potential for multi-generational living, high-end guest hosting, or a boutique retreat business.
Managing a 15-acre estate with 19 bathrooms, multiple structures, and livestock requires significant ongoing maintenance, specialized staffing, and substantial utility and upkeep costs.
The highly specialized nature of a 15-bedroom equestrian ranch in Cherry Valley targets a very specific buyer demographic, which may result in a more extended marketing period compared to traditional luxury homes.
Welcome to Khyra Beaucrest Ranch, a truly exceptional horse property and equestrian estate set on approximately 15 acres in the scenic foothills of Cherry Valley, surrounded by breathtaking views of the San Gorgonio Mountains. At the heart of the property is a sprawling three-story French-inspired residence featuring 8 bedrooms, 9 bathrooms, and two primary suites on the main level, along with a library, bar, formal dining room, and generous living spaces throughout. The estate also includes seven private guest cottages, each with its own bathroom, kitchenette, and patio. Amenities include a swimming pool, pickleball courts, yoga studio, stocked fishing pond, expansive pastures, and multiple outdoor entertaining areas. The grounds are home to horses, goats, chickens, and other animals, with an onsite caretaker helping maintain the property. Khyra Beaucrest Ranch offers a rare opportunity to enjoy the privacy, beauty, and lifestyle of a true Southern California ranch estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 15.0 | 3.0 | 100% |
| Baths | 19.0 | 3.0 | 100% |
| Square foot | 10,067 | 2,025 | 100% |
| Lot Size | 639,025 | 6,970 | 98% |
| Price | $4.00M | $535.0K | 100% |
| Price per sq ft | $397 | $262 | 95% |
| Built year | 1994 | 2007 | 19% |
| HOA | $0 | $155 | 32% |
| Days on market | 5 | 164 | 2% |
Jun 1, 2026
$3,995,000
Initial Listing
Apr 29, 2016
$1,470,000
Public Record