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$2,498,000

Beds
3
Baths
3.5
sq ft
3,000

42659 Avenida Perris, Murrieta, CA 92562

42659 Avenida Perris

Murrieta, CA 92562

  • 201 days on market
    • Price drop $252,000↓
Wow! Over 20 amazing acres of all usable land in a mild microclimate w/ beautiful Tenaja weather, influenced by the ocean breeze & above the hot valley floor. Ocean is only 15 miles away as the crow fly's. Plentiful water w/ a natural running creek, very productive Water Well along w/ connected City Water, will keep the property lush year-round. This is the Ultimate Family Compound w/ an enormous 7400 +/- square foot Barndominium that currently has approximately 3000 sq ft of built out living space consisting of three separate newly remodeled 1 bed/1 bath self-contained apartments, additional common kitchen, office, storage and laundry rooms. The smart buyer would convert the entire building into a 7400 home as there are plenty of outside stalls for the horses that have recently been added. The current owner has massively improved the property with over $1,500,000 in recent improvements. There is a 5.75 acre elevated building pad if you choose to add a large home with a million-dollar view overlooking the ranch, mountains & spectacular rock outcroppings on the neighboring properties. Housing plans are included. The Ronald Regan Ranch is directly across the street, with the rich history of the Old California Ranchero and tons of riding/hiking trails. For the horse lover there are world class arenas, Dressage Court 70' x 200' w/ stone viewing bleachers, large performance/jumping arena 100' x 200', 60' round pen, large 70' x 135' turnout arena, numerous grass turnouts w/ shelters, numerous paddocks, several pastures, new 30' x 40' equipment/hay barn, trailer parking & well thought out crossties & farrier area. Recent large investments made in infrastructure, entire property is fenced and cross fenced, riding trails and pathways throughout the property, hundreds of trees, bushes and landscaping added, Fire Suppression System added, sophisticated drainage system installed throughout the parcel and irrigation run to all areas. High-end Interior Barn remodel. This is truly the most beautiful and impressive parcel in Murrieta, only 9 miles to town with a Costco, Home Depot, restaurants & all the shopping convivences you could ever want. See Video and Matterport 3D interactive video of the entire property. Great areas to add Solar and with the high production Water Well & very fertile soil, you can grow your own vegetables, fruit and grapes. Possible wedding or event venue with the gorgeous views and landscaping. So many possibilities for this amazing offering.

Details

Property type

Single Family Residence

Est. home value

$2,847,586

Property condition

Updated/Remodeled

Lot size

20.06 acres

Price per sq ft

$833

Year built

2004

HOA

No

Price History

08/15/2024
CRMLS

CRMLS #TR24110037

Price change
$2,498,000
-9.16%
06/05/2024
CRMLS

CRMLS #TR24110037

Listed
$2,750,000
-1.79%
03/09/2024
CRMLS

CRMLS #SW23136608

Removed
$2,800,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Avalina Inc

Loan start date

May 2023

Original loan amount

$30,685

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

Commercial

Seller

Galt Sky Farms Inc

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 8:10 AM

Listing updated: 12/04/2024 at 6:11 PM

Listed by: GENI ADDICOTT, Coldwell Banker Top Team Phone #: (909) 287-2222

MLS: CRMLS #TR24110037

CRMLS logo

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