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Sold for $1,499,000
  • Listed by: Allison James Estates & Homes • Kelly Smith • Contact: 951-837-1650
    Bought with: Allison James Estates & Homes
    $1,499,000

    38405 Avenida La Cresta, Murrieta, CA 92562

    4beds
    3,550sqft
    Single Family Residence
    Built in 1988
    5.92 Acres Lot
    $1,641,800 Zestimate®
    $422/sqft
    $4,898 Estimated rent

    Home value

    $1,641,800

    $1.46M - $1.86M

    $4,898/mo

    Zestimate® history
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    What's special

    Breezeway barnEpic breezeway barnMultiple pasturesMature treesWell-appointed adjoining bathroomLots of windowsBig open kitchen
    INCREDIBLE VALUE!!! ...ONE OF THE BEST EQUESTRIAN ESTATES AVAILABLE IN LA CRESTA – This property has it all - SOLAR, WATER WELL, HUGE LIGHTED ARENA, BREEZEWAY BARN, POOL... Almost 6 acres of flat, usable land with direct trail access, 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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Smith DRE #01499934 951-837-1650,

    Allison James Estates & Homes,

    Jake Ralston DRE #01785418 805-455-9600,

    Allison James Estates & Homes

    Bought with:

    Kelly Smith, DRE #01499934

    Allison James Estates & Homes

    Jake Ralston, DRE #01785418

    Allison James Estates & Homes

    Source: CRMLS,MLS#: SW24101708MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Living Room, Primary Bedroom, Other, Pantry, Workshop, Dining Room
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub, Dual Sinks, Full Bath on Main Level, Soaking Tub, Separate Shower, Walk-In Shower
    Family room
    • Features: Separate Family Room
    Kitchen
    • Features: Kitchen/Family Room Combo, Stone Counters, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Built-In Range, Double Oven, Propane Cooktop, Propane Range
    • Laundry: In Garage
    Features
    • Breakfast Bar, Built-in Features, Balcony, Breakfast Area, Crown Molding, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Open Floorplan, Pantry, Two Story Ceilings, Bedroom on Main Level, Primary Suite, Walk-In Pantry, Walk-In Closet(s), Workshop
    • Flooring: Carpet, Wood
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room, Primary Bedroom, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,550 sqft

    Property

    Parking
    • Total spaces: 53
    • Parking features: Direct Access, Garage, Gated, On Site, RV Potential
    • Attached garage spaces: 3
    • Uncovered spaces: 50
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Deck, Front Porch
    • Has private pool: Yes
    • Pool features: Gunite, Heated, In Ground, Private
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Fencing: Cross Fenced,Privacy,Security,Split Rail,Wood
    • Has view: Yes
    • View description: Hills, Mountain(s), Neighborhood, Pasture, Vineyard
    Lot
    • Size: 5.92 Acres
    • Features: Agricultural, Horse Property, Lot Over 40000 Sqft, Level, Pasture, Ranch, Sprinkler System
    Details
    • Additional structures: Barn(s), Workshop, Corral(s), Stable(s)
    • Parcel number: 929220003
    • Zoning: R-A-5
    • Special conditions: Standard,Trust
    • Horses can be raised: Yes
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Concrete,Tile
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Electric: Photovoltaics on Grid, Photovoltaics Seller Owned
    • Sewer: Septic Tank
    • Water: Public, Well
    • Utilities for property: Electricity Connected, Propane, Water Connected

    Community & HOA

    Community
    • Features: Hiking, Horse Trails, Mountainous, Near National Forest, Preserve/Public Land
    • Security: Security Gate, Security Lights
    HOA
    • Has HOA: Yes
    • Amenities included: Horse Trail(s), Pets Allowed, Trail(s)
    • HOA fee: $87 monthly
    • HOA name: LCPOA
    • HOA phone: 949-716-3998
    Location
    • Region: Murrieta

    Financial & listing details

    • Price per square foot: $422/sqft
    • Tax assessed value: $1,027,115
    • Annual tax amount: $13,182
    • Date on market: 8/6/2024
    • Cumulative days on market: 462 days
    • Listing terms: Cash,Cash to New Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/12/2026Sold$1,499,000$422/sqft
    Source: CRMLS #SW24101708 Report a problem
    12/12/2025Pending sale$1,499,000$422/sqft
    Source: CRMLS #SW24101708 Report a problem
    11/12/2025Contingent$1,499,000$422/sqft
    Source: CRMLS #SW24101708 Report a problem
    8/1/2025Price change$1,499,000-6.3%$422/sqft
    Source: CRMLS #SW24101708 Report a problem
    5/15/2025Price change$1,599,000-3%$450/sqft
    Source: CRMLS #SW24101708 Report a problem
    3/26/2025Price change$1,649,000-2.9%$465/sqft
    Source: CRMLS #SW24101708 Report a problem
    3/21/2025Listed for sale$1,699,000$479/sqft
    Source: CRMLS #SW24101708 Report a problem
    3/4/2025Contingent$1,699,000$479/sqft
    Source: CRMLS #SW24101708 Report a problem
    8/6/2024Listed for sale$1,699,000+92%$479/sqft
    Source: CRMLS #SW24101708 Report a problem
    4/13/2017Sold$885,000-6.8%$249/sqft
    Source: Public Record Report a problem
    2/28/2017Pending sale$950,000$268/sqft
    Source: Coldwell Banker Residential Brokerage - Murrieta West #SW16021736 Report a problem
    8/17/2016Price change$950,000-2.6%$268/sqft
    Source: Coldwell Banker Residential Brokerage - Murrieta West #SW16021736 Report a problem
    7/11/2016Price change$975,000-2.4%$275/sqft
    Source: Coldwell Banker Residential Brokerage - Bear Creek #SW16021736 Report a problem
    2/2/2016Listed for sale$999,000+53.7%$281/sqft
    Source: Coldwell Banker Residential Brokerage - Bear Creek #SW16021736 Report a problem
    11/30/2011Sold$650,000$183/sqft
    Source: Public Record Report a problem
    8/20/2011Price change$650,000-2%$183/sqft
    Source: Tarbell, Realtors #T11082029 Report a problem
    8/17/2011Price change$663,000-2.9%$187/sqft
    Source: Tarbell, Realtors #T11082029 Report a problem
    7/27/2011Price change$682,500-39.3%$192/sqft
    Source: Tarbell, Realtors #T11082029 Report a problem
    6/29/2011Listed for sale$1,125,000+4.2%$317/sqft
    Source: Tarbell, Realtors #T11082029 Report a problem
    1/5/2005Sold$1,080,000+72.8%$304/sqft
    Source: Public Record Report a problem
    5/8/2002Sold$625,000+8.7%$176/sqft
    Source: Public Record Report a problem
    8/4/2000Sold$575,000$162/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,182 +1.9%$1,027,115 +2%
    2024$12,934 -1.2%$1,006,976 +2%
    2023$13,086 +1.9%$987,232 +2%
    2022$12,839 +1.9%$967,875 +2%
    2021$12,596 +1%$948,898 +1%
    2020$12,471 +2.6%$939,169 +2%
    2019$12,156 +1.9%$920,754 +2%
    2018$11,926 +31.3%$902,700 +28.3%
    2017$9,081 $703,459 +2%
    2016$9,081 +2.5%$689,667 +1.5%
    2015$8,863 +4.6%$679,310 +2%
    2014$8,473 $666,006 +0.5%
    2013-- $662,999 +2%
    2012-- $650,000 +3.1%
    2011-- $630,236 +5.5%
    2010-- $597,462 -11.1%
    2009-- $672,238 -43.7%
    2008-- $1,193,122 +5.2%
    2007-- $1,134,434 +2%
    2006-- $1,112,191 +61.4%
    2005-- $689,297 +8.1%
    2003-- $637,500 +8.7%
    2002-- $586,500 +3.8%
    2001$8,592 +42.8%$565,200 +46%
    2000$6,017 $387,008
    Find assessor info on the county website

    Neighborhood: 92562

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cole Canyon
    • Middle: Thompson
    • High: Murrieta Valley

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,641,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,641,800