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Sold for $1,400,000
    • Listed by: Compass • Lorisa La Vie Arnold • Contact: 310-406-4995
    Bought with: MILANO REALTY
    Tax assessed value
    $1,400,000

    40650 Calle De Suenos, Murrieta, CA 92562

    7beds
    7,800sqft
    Single Family Residence
    Built in 1993
    24.81 Acres Lot
    $1,411,500 Zestimate®
    $179/sqft
    $6,921 Estimated rent

    Home value

    $1,411,500

    $1.27M - $1.57M

    $6,921/mo

    Zestimate® history
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    What's special

    Horse barnEn-suite bathroomsLarge roomsNatural topographyPrivate gated roadSteel-framed mansionHigh ceilings
    UNPARALLELED HILLTOP ESTATE OPPORTUNITY IN LA CRESTA Perched near the highest point of the exclusive La Cresta community, this extraordinary 24.81-acre estate offers unmatched privacy, breathtaking panoramic views, and limitless potential. The primary residence is a massive steel-framed mansion situated on a flat “eagle’s nest” hilltop pad, accessible via a private gated road. Featuring newer electrical, a newer roof, and a solid foundation, the bones of the house are good and solid—just waiting for a buyer to bring their imagination and finishing touches to complete the construction. With its grand scale, large rooms, high ceilings, wide hallways, en-suite bathrooms, custom bar, and a pool, this unfinished structure is a rare opportunity for a visionary buyer to create a truly iconic home. The estate includes a second structure down the hill—a 3,233 sq ft horse barn with fenced arena, ideal for conversion into a guest house, event space, or car collection garage. The expansive grounds offer potential for subdivision, a second luxury residence, or even a helipad. This property is a blank canvas for developers, luxury homebuilders, or buyers looking to create a private retreat that feels like a world of its own. Its natural topography and commanding presence make it a once-in-a-generation OPPORTUNITY TO BUILD A LANDMARK ESTATE that rivals any in Southern California. Priced to sell. Bring your architect, designer, and builder—this is La Cresta’s crown jewel in the making.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lorisa La Vie Arnold DRE #01801686 310-406-4995,

    Compass

    Bought with:

    CAM LUU, DRE #01321788

    MILANO REALTY

    Source: CRMLS,MLS#: SB25104368MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Bedroom
    • Features: All Bedrooms Up
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Up, All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 7,800 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1st level
    • Has private pool: Yes
    • Pool features: In Ground, Private
    • Has view: Yes
    • View description: Back Bay, Canyon, Desert, Hills, Landmark, Mountain(s), Orchard, Panoramic, Pool, Valley, Trees/Woods
    • Has water view: Yes
    • Water view: Back Bay
    Lot
    • Size: 24.81 Acres
    • Features: 21-25 Units/Acre, Front Yard, Irregular Lot, Rolling Slope, Sloped Up, Value In Land, Yard
    Details
    • Parcel number: 930320020
    • Zoning: R-A-10
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1993

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: Foothills, Horse Trails, Stable(s), Mountainous, Rural
    HOA
    • Has HOA: Yes
    • Amenities included: Other
    • HOA fee: $4,342 annually
    • HOA name: Powerstone Property Management
    • HOA phone: 951-823-1020
    Location
    • Region: Murrieta

    Financial & listing details

    • Price per square foot: $179/sqft
    • Tax assessed value: $1,400,000
    • Date on market: 5/12/2025
    • Cumulative days on market: 82 days
    • Listing terms: Cash,Owner May Carry,Submit

    Price history

    DateEventPrice
    7/2/2025Sold$1,400,000-6.7%$179/sqft
    Source: CRMLS #SB25104368 Report a problem
    6/11/2025Pending sale$1,500,000$192/sqft
    Source: CRMLS #SB25104368 Report a problem
    6/10/2025Listed for sale$1,500,000$192/sqft
    Source: CRMLS #SB25104368 Report a problem
    5/17/2025Contingent$1,500,000$192/sqft
    Source: CRMLS #SB25104368 Report a problem
    5/12/2025Price change$1,500,000-18.9%$192/sqft
    Source: CRMLS #SB25104368 Report a problem
    4/14/2025Listed for sale$1,850,000$237/sqft
    Source: CRMLS #NP25028964 Report a problem
    3/12/2025Contingent$1,850,000$237/sqft
    Source: CRMLS #NP25028964 Report a problem
    2/8/2025Listed for sale$1,850,000+10.3%$237/sqft
    Source: CRMLS #NP25028964 Report a problem
    1/27/2025Sold$1,678,000+52.5%$215/sqft
    Source: Public Record Report a problem
    9/24/2020Sold$1,100,000-21.4%$141/sqft
    Source: CRMLS #OC18139425 Report a problem
    9/11/2020Pending sale$1,400,000$179/sqft
    Source: InvestorsAlly Realty #OC18139425 Report a problem
    9/11/2020Listing removed$6,000$1/sqft
    Source: InvestorsAlly Realty #NP20182067 Report a problem
    9/4/2020Price change$1,400,000-12.5%$179/sqft
    Source: InvestorsAlly Realty #OC18139425 Report a problem
    9/2/2020Listed for rent$6,000$1/sqft
    Source: InvestorsAlly Realty #NP20182067 Report a problem
    9/1/2020Listed for sale$1,600,000$205/sqft
    Source: InvestorsAlly Realty #OC18139425 Report a problem
    7/28/2020Listing removed$1,600,000$205/sqft
    Source: InvestorsAlly Realty #OC18139425 Report a problem
    4/10/2020Listed for sale$1,600,000-30.4%$205/sqft
    Source: InvestorsAlly Realty #OC18139425 Report a problem
    9/9/2018Listing removed$2,300,000$295/sqft
    Source: InvestorsAlly Realty #OC18139425 Report a problem
    6/12/2018Listed for sale$2,300,000+77.6%$295/sqft
    Source: InvestorsAlly Realty #OC18139425 Report a problem
    7/7/2015Listing removed$1,295,000$166/sqft
    Source: California Regional MLS #SW15103772 Report a problem
    5/23/2015Price change$1,295,000-7.2%$166/sqft
    Source: California Regional MLS #SW15103772 Report a problem
    5/15/2015Listed for sale$1,395,000-0.4%$179/sqft
    Source: California Regional MLS #SW15103772 Report a problem
    3/2/2015Listing removed$1,400,000$179/sqft
    Source: Barbara Bowers Realty Group #SW15015028 Report a problem
    1/23/2015Listed for sale$1,400,000+3.8%$179/sqft
    Source: Coldwell Banker Residential Brokerage - Temecula-Vail Ranch #SW15015028 Report a problem
    12/4/2014Listing removed$1,349,000$173/sqft
    Source: Coldwell Banker Residential Brokerage - Temecula-Vail Ranch #SW14119433 Report a problem
    7/17/2014Price change$1,349,000-9.5%$173/sqft
    Source: Coldwell Banker Residential Brokerage - Temecula-Vail Ranch #SW14119433 Report a problem
    6/8/2014Listed for sale$1,490,000+19.2%$191/sqft
    Source: Coldwell Banker Residential Brokerage - Temecula-Vail Ranch #SW14119433 Report a problem
    12/24/2003Sold$1,250,000+4.2%$160/sqft
    Source: Public Record Report a problem
    3/15/2001Sold$1,200,000$154/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $1,400,000 +17.6%
    2025$16,646 -1.9%$1,190,674 +2%
    2024$16,977 +2.7%$1,167,328 +2%
    2023$16,537 -2.9%$1,144,440 +2%
    2022$17,029 +6.6%$1,122,000 +2%
    2021$15,972 -27.2%$1,100,000 -32.2%
    2020$21,935 +1.8%$1,621,299 +2%
    2019$21,543 +1.8%$1,589,509 +2%
    2018$21,160 +1.3%$1,558,343 +2%
    2017$20,881 $1,527,788 +2%
    2016$20,881 +2.3%$1,497,832 +1.5%
    2015$20,408 +14.7%$1,475,335 +13.5%
    2014$17,789 $1,300,000 +12.6%
    2013-- $1,155,000
    2012-- $1,155,000 -16.5%
    2011-- $1,383,991 +0.8%
    2010-- $1,373,649 -0.2%
    2009-- $1,376,915 +2%
    2008-- $1,349,917 +2%
    2007-- $1,323,449 +2%
    2006-- $1,297,500
    Find assessor info on the county website

    Neighborhood: 92562

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    Estimated market value
    $1,411,500
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    Estimated market value
    $1,411,500

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