20765 Avenida Castilla
About This Property
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Apr 11, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by Thomas Real Estate Group | $1,349,888 | |
| Listed by Thomas Real Estate Group | |||
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Discover the pinnacle of Southern California living at 20765 Avenida Castilla, a private sanctuary nestled within the prestigious La Cresta equestrian community on Murrieta’s scenic Santa Rosa Plateau.This beautifully updated 3-level home offers 4 bedrooms, 2.5 bathrooms, and 3,207 square feet of elegant living space, with primary living on the main level, on a fully usable 5-acre parcel. Built in 1984 and thoughtfully refreshed, the property features a warm stucco exterior with natural stone accents, a classic tile roof, and a long, winding private driveway through vibrant, meticulously landscaped grounds. A charming wrap-around porch adds to the inviting appeal.Inside, natural light pours through oversized windows into an open-concept design. The grand living room features a dramatic stacked-stone fireplace, ideal for relaxing or entertaining. The spacious family room showcases rustic flagstone flooring and a ceiling fan. The gourmet kitchen impresses with rich dark wood cabinetry, granite countertops, stone backsplash, breakfast bar, and windows framing beautiful garden and hill views.The primary suite includes a spa-like bathroom with a frameless glass walk-in shower and dual vanities. Rresort-style living awaits with expansive concrete patios, multiple seating areas under large umbrellas, a pristine artificial turf lawn, and lush gardens filled with vibrant flowers, bougainvillea, cacti, and mature trees. Multiple decks and the wrap-around porch provide stunning panoramic mountain and valley views.Equestrian lovers will appreciate the established facilities, including a center-aisle barn, fenced paddocks, pastures, a riding arena, and room for expansion, plus direct access to La Cresta’s scenic trails.Additional features include a 3-car attached garage, central HVAC, and full La Cresta HOA benefits.Just minutes from top-rated Murrieta schools and shopping, the property is only a 15-minute drive to Temecula Valley Wine Country. Enjoy over 40 acclaimed wineries such as world-renowned Europa Winery, Wilson Creek, South Coast Winery, and Ponte Family Vineyard for tasting rooms, events, and fine dining.This exceptional estate perfectly combines sophisticated interiors, spectacular outdoor amenities, strong equestrian potential, and easy access to wine country in one of the region’s most desirable communities.
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| Oct 2, 2019 | Sold | ||
| Sold | |||
| Jul 17, 2019 | Listed by IRN REALTY | $849,000 | |
| Listed by IRN REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017