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$1,988,000

Beds
5
Baths
4.0
sq ft
4,058

40101 Avenida la Cresta, Murrieta, CA 92562

40101 Avenida la Cresta

Murrieta, CA 92562

  • 242 days on market
    • Price drop $112,000↓
10 ACRE ESTATE IN THE HEART OF THE SANTA ROSA PLATEAU (in the community commonly referred to as LA CRESTA). This Santa Rosa West proerty has it all: Massive views from every room, central location, long private driveway, barn with apartment and its own private driveway entrance from the street, an abundance of usable flat land, private seasonal pond, private water well, ancient oak trees (one is said to be 500 years old!), and a super cool renovated house with amazing STYLE & VIEWS! This property would make an epic one-of-a-kind equestrian ranch with the horses and barn on the flat land below, with the house perched above providing forever views of the neighborhood ranches, local mountains, and nearby vineyards. There is SO MUCH LAND ready for your imagination to run wild - Create a retreat, family compound, vineyard, equestrian facility…whatever your heart desires on the USABLE ACREAGE! The home has been completely renovated, providing open spaces, soaring ceilings, multiple sitting/living rooms, dining room, office, tasteful & unique bathrooms, built-in bar, chefs' kitchen – all with killer views. The primary ensuite bedroom offers a luxurious bathroom and its own covered upstairs patio, creating a private oasis within the property. Check out the fun, quirky moments, such as the stone kiva outside and the free-standing rock inside (a nod to the original construction's boulder wall, which made it famous in these parts). This on-trend home exudes style and is a must-see! *****Santa Rosa Plateau: 5-acre minimum parcels (10-acre minimum in Santa Rosa West), star-filled skies & peace – just minutes to schools, restaurants, hospitals, grocery stores, 5 Fwy & the famous Temecula Wine Country. Enjoy community activities & miles of trails via the private trail system & 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!

Details

Property type

Single Family Residence

Est. home value

$1,782,266

Property condition

Updated/Remodeled

Lot size

10.13 acres

Price per sq ft

$490

Year built

1988

Monthly HOA fee

$120

Price History

07/22/2024
CRMLS

CRMLS #SW24079323

Price change
$1,988,000
-5.33%
04/25/2024
CRMLS

CRMLS #SW24079323

Listed
$2,100,000
+15.07%
06/09/2022
CRMLS

CRMLS #SW22064632

Sold
$1,825,000

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

Courtney Alison Stewart

Loan start date

December 2022

Original loan amount

$721,642

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Seller take-back

Seller

Courtney Alison Stewart and German Eduardo Morales Canales

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2022

Original loan amount

$1,460,000

Est. remaining balance

$1,398,713

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Courtney A Stewart

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: 12/23/2024 at 8:15 AM

Listing updated: 12/08/2024 at 4:55 AM

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

MLS: CRMLS #SW24079323

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