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Sold for $1,050,000
  • Listed by: Allison James Estates & Homes • Kelly Smith • Contact: 951-837-1650
    Bought with: Scott Shields, REALTOR
    $1,050,000

    40575 Calle De Suenos, Murrieta, CA 92562

    1beds
    1,899sqft
    Single Family Residence
    Built in 2003
    6.65 Acres Lot
    $1,122,700 Zestimate®
    $553/sqft
    $1,876 Estimated rent

    Home value

    $1,122,700

    $1.02M - $1.23M

    $1,876/mo

    Zestimate® history
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    What's special

    Usable landGuest structuresMature treesPrivate security gateNew water wellFull kitchenMulti-million-dollar estates
    Back on market after multiple improvements, including a robust private water well, new garage door, improved irrigation system, electrical, paint & more! Bring your horses & ranch critters to this 6.65 acre La Cresta property with a single-story home, incredible 60 GPM water well, private security gate, fencing/cross fencing, mature trees, and usable land with direct trail access! This property is very unique, as the existing home was built to be a guest house (grandfathered opportunity, as guest structures before main house construction are currently not allowed in La Cresta). This creates a rare & amazing opportunity for the following: #1) Live on site with your animals while you build a new main house; #2) Live in it as-is for affordable ranch living; #3) Enlarge the existing house under the current roof to total approx. 3000 sq ft. With any of those choices, you may move in, begin enjoying the La Cresta Lifestyle, and let the property speak to you – all for an unheard-of price in this current Plateau market of multi-million-dollar estates & ranches. This lovely home was built with quality construction, and has a full kitchen, one bedroom with ensuite master bathroom, dining room, a cozy living room with wood-burning fireplace, and charming patios. Under the existing roof, an adjoining massive room, which is currently used as a bedroom and media room, can be easily finished out to create additional rooms & ¬bathroom. The attached 4-car tandem garage offers even more optional space. The new water well provides an amazing value…FREE WATER for irrigating the pastures and landscaping. Centrally located in La Cresta, this adorable ranchette is very private, with miles of recreational trails directly off the property. The only limitation to maximizing this ranch is your imagination! Don’t miss this very rare, affordable opportunity! ***Discover the Santa Rosa Plateau Lifestyle: 5-acre minimum parcels, friendly neighbors, star-filled skies & peace – all just minutes from the conveniences of town, schools, restaurants, hospitals, grocery stores, the 15 Fwy & the Temecula Wine Country. Enjoy room to take walks, breathe, grow agriculture, partake in equestrian activities & community events, raise animals, and hike/ride miles of trails via the robust private recreational trail system & the thousands of acres of the 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!

    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:

    Scott Shields, DRE #00513540

    Scott Shields, REALTOR

    Source: CRMLS,MLS#: SW23133833MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom, Family Room, Primary Bedroom
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Down
    Bathroom
    • Features: Bathtub, Dual Sinks, Walk-In Shower
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Propane Oven, Propane Range
    • Laundry: Inside
    Features
    • All Bedrooms Down, Main Level Primary, Primary Suite
    • Has fireplace: Yes
    • Fireplace features: Family Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,899 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Direct Access, Driveway, Garage, RV Potential, Tandem
    • Attached garage spaces: 4
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main Level
    • Patio & porch: Patio
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Hills, Neighborhood, Pasture, Creek/Stream
    • Has water view: Yes
    • Water view: Creek/Stream
    Lot
    • Size: 6.65 Acres
    • Features: Agricultural, Horse Property, Lot Over 40000 Sqft
    Details
    • Parcel number: 930320022
    • Zoning: R-A-5
    • Special conditions: Standard
    • Horses can be raised: Yes
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Roof: Concrete,Tile
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public, Well
    • Utilities for property: Electricity Connected, Propane, Water Connected

    Community & HOA

    Community
    • Features: Biking, Foothills, Horse Trails, Mountainous, Near National Forest, Preserve/Public Land, Rural
    HOA
    • Has HOA: Yes
    • Amenities included: Horse Trail(s), Pets Allowed, Trail(s)
    • HOA fee: $85 monthly
    • HOA name: LCPOA
    • HOA phone: 951-699-2918
    Location
    • Region: Murrieta

    Financial & listing details

    • Price per square foot: $553/sqft
    • Tax assessed value: $1,380,020
    • Date on market: 7/28/2023
    • Cumulative days on market: 37 days
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    12/26/2023Sold$1,050,000$553/sqft
    Source: CRMLS #SW23133833 Report a problem
    10/21/2023Pending sale$1,050,000$553/sqft
    Source: CRMLS #SW23133833 Report a problem
    10/21/2023Contingent$1,050,000$553/sqft
    Source: CRMLS #SW23133833 Report a problem
    10/3/2023Listed for sale$1,050,000+67.7%$553/sqft
    Source: CRMLS #SW23133833 Report a problem
    5/22/2015Sold$626,000-0.5%$330/sqft
    Source: Public Record Report a problem
    5/14/2015Pending sale$629,000$331/sqft
    Source: Allison James Estates & Homes #SW15075475 Report a problem
    4/11/2015Listed for sale$629,000-24.2%$331/sqft
    Source: Allison James Estates & Homes #SW15075475 Report a problem
    9/28/2004Sold$830,000$437/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,380,020 +28.9%
    2025$13,877 +1.9%$1,071,000 +2%
    2024$13,616 +28.4%$1,050,000 +44.5%
    2023$10,602 +1.9%$726,599 +2%
    2022$10,404 +1.9%$712,353 +2%
    2021$10,211 +1%$698,387 +1%
    2020$10,111 +1.9%$691,227 +2%
    2019$9,923 +1.9%$677,675 +2%
    2018$9,739 +1.4%$664,388 +2%
    2017$9,600 $651,362 +2%
    2016$9,600 -6.1%$638,591 -8.2%
    2015$10,226 +36.4%$696,000 +35.4%
    2014$7,498 $514,000 +1.4%
    2013-- $507,000 +15.8%
    2012-- $438,000 -10.6%
    2011-- $490,000 -7.2%
    2010-- $528,000 +32%
    2009-- $400,000 -54.6%
    2008-- $880,802 +2%
    2007-- $863,532 +2%
    2006-- $846,600
    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
    $1,122,700
    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
    $1,122,700