**HUGE PRICE REDUCTION** INCREDIBLE LA CRESTA EQUESTRIAN
OPPORTUNITY! Discover the privacy and serenity of "Pinewood," a
beautiful 5.34-acre country ranch tucked away on a peaceful
cul-de-sac in the heart of highly sought-after La Cresta.
Surrounded by mature trees, fruit orchards, expansive grounds, and
breathtaking views, the property offers a tranquil, park-like
setting with no road noise, yet remains conveniently close to town,
schools, shopping, dining, hospitals, the 15 Freeway, and Temecula
Wine Country. The fully fenced, usable acreage is ideal for
equestrian living, featuring a FULL ARENA designed to accommodate
up to 20 horses, fenced paddocks with water and electricity, and
ample room for a future barn, stables, and additional horse
amenities. A graded pad offers the potential for an additional
residence, guest house, or RV, complete with power, sewer, and
water. A seasonal stream adds to the property's natural charm. The
charming two-story home features 4 bedrooms and 3 bathrooms,
complemented by a sparkling pool and spa. Paid-for solar and a
private well supplying the landscaping provide the potential for
significant savings on ongoing utility costs.
Whether you envision a private equestrian retreat, an expanded
family compound, or your own La Cresta dream home, Pinewood offers
a rare combination of usable acreage, privacy, amenities, and
access to 30 miles of trails from the house. Priced to sell and
ready for your vision!
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
CHARMING EQUESTRIAN PROPERTY in the heart of La Cresta! This home sits at the end of a long, private driveway on a very quiet cul de sac. Privacy is abundant, as is this investment opportunity! This is your chance to own in La Cresta at a fantastic price and turn this gem into your own masterpiece. If the square footage isn’t enough, this adorable home would make an excellent guest house, while you build a primary residence on the usable fully fenced 5-acre parcel full of mature trees, open spaces, grassy lawn and fruit orchard. In addition to the current arena, there is room for a barn and horse amenities. Or plant grapevines in this famous Santa Rosa Plateau soil and create a mini-Napa estate right here in SoCal. The sparkly pool and spa sit just outside the two-story home, with its four bedrooms and three bathrooms. Don’t miss this amazing opportunity! ***Discover the Santa Rosa Plateau Lifestyle with 5-acre minimum parcels, friendly neighbors, star-filled skies and peace – all just minutes from the conveniences of town, schools, restaurants, hospitals, grocery stores, the 15 Freeway, and the famous Temecula Wine Country. Enjoy room to take walks, breathe clean air, grow gardens/vineyards/groves/orchards, 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, San Diego, OC, Palm Springs & Big Bear. Discover the country, yet convenient, lifestyle of La Cresta! The manager has listed the unit size as 2129 square feet.
Mar 8, 2020
No longer available
-
No longer available
Jan 20, 2020
Price Decreased
$724,900
↓ $24K
(3.2%)
Price Decreased
Jan 5, 2020
Price Decreased
$749,000
↓ $900
(0.1%)
Price Decreased
Oct 20, 2019
Listed
$749,900
Listed
"Pinewood" is a serene country ranch yet only minutes to the valley. The house is 2129 sf with 3/3 accommodation plus private office. Price is $749,900, on 5.34 acres. This property is quiet and secure, located on a cul-de-sac with only a few homes, there is no road noise. A very park-like setting with many trees, lots of grass and grapevines. The productive well supplies all the water for the landscaping, orchard and vines. House and gardens are fenced, gated and wired. There are 2, 1-acre fenced paddocks with water and electrics. There is a graded pad for additional guest residence/barn/stables or arena. Very low maintenance costs. City water costs are very low, one year less than $500 including the pool. Solar is paid for with a new inverter that was installed last year. Electricity bills are very low, one year less than $1000. This home is amazing, ready to move in now and make it your dream home without the tedious permitting process that is needed with raw land. Entry level pricing into the La Cresta community. Come see for yourselves and experience the magic! The manager has listed the unit size as 2129 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage Faces Front, Garage, Garage Door Opener, Private, RV Access/Parking, DrivewayLevel, DoorSingle, RvHookUps
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, High Ceilings, Pantry, Tile Counters, Walk-In Closet(s), Balcony, SeparateFormalDiningRoom, LivingRoomDeckAttached, Attic, BedroomOnMainLevel
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Ice Maker, Refrigerator, Refrigerator, Water Heater
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