tomo logo

$1,699,000

Beds
4
Baths
4.0
sq ft
3,550

38405 Avenida la Cresta, Murrieta, CA 92562

38405 Avenida la Cresta

Murrieta, CA 92562

  • 140 days on market
ONE OF THE BEST EQUESTRIAN ESTATES AVAILABLE IN LA CRESTA – This property has it all - SOLAR, WATER WELL, HUGE ARENA, BARN, POOL... Almost 6 acres of flat and usable land with direct trail access, breezeway barn with turnouts, massive lighted arena, viewing pavilion, multiple pastures, hot-walker, cross-fencing, water well, whole-house generator, pool & spa, paid-for solar, privacy gate, big views, and an ideal central location in La Cresta on the Santa Rosa Plateau. A dream for equestrian enthusiasts, this ranch offers a fantastic custom 4 bedroom / 4 bathroom home, nestled within mature trees and perfectly positioned on the usable 6-acre parcel with views of your barn, pastures, arena, the La Cresta valley, and distant mountains. The backyard is also quite usable with pool, spa, paddocks with shade structures, and a big grassy lawn. The home has great character, lots of windows, a big open kitchen, wood-burning fireplaces, and a large primary suite with its own private balcony and well-appointed adjoining bathroom. Experience the very unique ability to view your barn and horses from the slightly elevated home – close enough to enjoy, yet a nice distance from the ranch facilities, which includes multiple driveways for towing horse trailers and almost limitless parking. Ride directly (no trailer required!) from the front or rear of the property to dedicated community recreational trails, leading in multiple directions to trails throughout the entire Plateau. Just saddle up in your epic breezeway barn, equipped with in & outs, “man cave” lounge area, and bathroom. Enjoy the extra large lighted arena, or simply open your own gate to the trails for a quick ride or a long, adventurous ride over miles of community trails. Don’t miss this equestrian gem! It is Cowboy Heaven! *****Santa Rosa Plateau: 5-acre minimum parcels (10-acre minimum in SR West), just minutes to schools, restaurants, hospitals, grocery stores, 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!

Details

Property type

Single Family Residence

Est. home value

$1,482,595

Lot size

5.92 acres

Price per sq ft

$479

Year built

1988

Monthly HOA fee

$87

Price History

08/06/2024
CRMLS

CRMLS #SW24101708

Listed
$1,699,000
-8.16%
05/19/2024
CRMLS

CRMLS #SW23223679

Removed
$1,850,000
01/02/2024
CRMLS

CRMLS #SW23223679

Listed
$1,850,000
+109.04%

Schools & Community

Elementary school: 

Cole Canyon

Middle school: 

Thompson

High school: 

Murrieta Valley

High school district: 

Murrieta

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Loandepot.Com Llc

Loan start date

January 2022

Original loan amount

$300,000

Est. remaining balance

$281,488

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Gregory A Keenan and Gregory A Keenan Revocable 2004 Trust

Lender

Parkside Lending Llc

Loan start date

July 2017

Original loan amount

$175,000

Est. remaining balance

$148,998

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Gregory A Keenan and The Gregory A Keenan Revocable Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/24/2024 at 5:15 AM

Listing updated: 12/05/2024 at 3:14 AM

Listed by: Kelly Smith, Allison James Estates & Homes Phone #: (888) 446-5552

MLS: CRMLS #SW24101708

CRMLS logo

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