BACK ON THE MARKET. REMODELED KITCHEN!! Iconic West Murrieta Single
Story Ranch home on over 2 acres is now being offered to the market
for sale for the first time in nearly 20 years. This incredible
estate offers 5,736 sf of pristine finished living space with an
additional 2,000 sf of covered and heated patio, 1,843 sf of
attached fully finished garage space AND 2,600 sf of additional
detached fully finished shop/garage space. The unique and
immaculate ranch home has 5 large bedrooms with ensuites, 7
bathrooms, with an addition full bath in the detached garage for a
total of 8. The layout is grand and traditional, including an
oversized family living room, formal dining, large custom remodeled
kitchen with additional eating area, immense 12 place
projection-theater, large laundry room with dual washer/dryer and
dryer closet, and grand mud room off the attached garage, complete
with a large catch-all island, cabinetry and powder room. All areas
are finished with sensible detail and accents in brick, custom
paneling and trimwork throughout. The kitchen offers a brand new
60" modern oven, with eating area transitioning seamlessly to the
exterior patio kitchen, with additional oven, sink, large grill,
fireplace, and enough space for very large private entertainment
gatherings or ceremonious occasions. The pool and large spa are
conveniently located immediately adjacent to the wrap around rear
patio area making for a unique and comfortable family setting. The
detached garage offers dramatic 16+ foot ceilings with ventilation
fans, additional kitchenette, an abundance of storage cabinets,
large bar/workbench, full bathroom, and a large mezzanine perfect
for a man-cave, office or potential ADU/guest living space. The
rear roll up door allows for large pull-thoughs into the fully
gated rear yard of almost an acre. This property is zoned for
horses and animals and offers ample space for MANY stalls, arenas,
or whatever else you can imagine. The rear yard also has full side
access from Ivy. Located walking distance from shops and
restaurants in Old Town Murrieta, in a low tax area, no HOA, fully
paid solar of 54 panels, this unique and incredible property offers
an impossible to find dream wish-list, in reality.
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.
Appliances: Double Oven, Dishwasher, Gas Oven, Microwave, Refrigerator, Water Softener, Water Heater, SixBurnerStove
Flooring Type: Carpet, Wood
Laundry Features: Inside, Laundry Room
Has Fireplace
Fireplace Features: Dining Room, Living Room, Bedroom, Outside
Exterior Details
Square Footage: 5736
Square Footage Source: $0
Property Condition: Turnkey
Architectural Style: Ranch, PatioHome
Year Built Source: Assessor
Year Built: 2005
Levels: One
Other Structures: Second Garage, Shed(s), Storage, Workshop
Window Features: Double Pane Windows, Shutters
Patio and Porch Features: Rear Porch, Covered, Front Porch, Patio, Wrap Around, Concrete
Pool Features: Heated, In Ground, Private
Pool is Private
Lot Features: Back Yard, Front Yard, Landscaped, Level, Rectangular Lot, DripIrrigationBubblers, HorseProperty, LotOver40000Sqft, Ranch, SprinklersTimer
Lot Size Area: 90169
Lot Size Units: Square Feet
Lot Size Acres: 2.07
Lot Size Square Feet: 90169
Tax Lot: 5
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Overview
General
Year Built:
2005
Effective Year Built:
2006
Building Count:
1
Bedroom Count:
4
Bathroom Count:
5
Full Bathrooms:
3
Partial Bathrooms:
5
Building Condition:
0
Building Quality:
0
Construction Type:
17
Building Style:
0
Exterior Walls Type:
0
Interior Walls Type:
0
Roof Shape Type:
0
Roof Cover Type:
18
Floor Count:
100
Living Units:
1
Floor Cover:
0
Basement Type:
0
Basement Area:
0
Garage Type:
1
Garage Square Area:
1,843
Parking Space Count:
7
Patio Type:
0
Porch Type:
0
Pool Type:
8
Dimensions
Lot Size Square Feet:
90,169
Total Building Area:
9,035
Gross Building Area:
9,035
Building Area:
5,736
Building Area Measurement:
L
Heating and Cooling
Fireplace Count:
1
Air Conditioning:
1
Heating:
3
Heated Square Feet:
5,736
Heating Fuel Type:
3
Utilities
Sewer System:
5
Water Service:
6
Building
Building Type:
0
Property Class:
R
Land Acres:
0000002070
Standard Land Use Code:
1001
County Land Use Code:
20
State Land Use Code:
R01
Legal Description 1:
2.07 ACRES NET IN LOT 5 MB 314/052 TR 30113
Neighborhood
School District Name:
Murrieta Valley Unified School District
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