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Riverside 92562
38405 Avenida La Cresta
$1,499,000
● House - Off Market

38405 Avenida La Cresta

Murrieta, CA 92562
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,550 Ft²
$7,448
Est. Monthly
$87
HOA / Fees
2.30%
Cap Rate

About This Property

INCREDIBLE VALUE!!! ...ONE OF THE BEST EQUESTRIAN ESTATES AVAILABLE IN LA CRESTA – This property has it all - SOLAR, WATER WELL, HUGE LIGHTED ARENA, BREEZEWAY BARN, POOL... Almost 6 acres of flat, usable land with direct trail access, barn with turnouts, massive lighted arena, viewing pavilion, multiple pastures, hot-walker, cross-fencing, water well, whole-house generator, pool & spa, paid-for solar, privacy gate, big views, and an ideal central location in La Cresta on the Santa Rosa Plateau. A dream for equestrian enthusiasts, this ranch offers a fantastic custom 4 bedroom / 4 bathroom home, nestled within mature trees and perfectly positioned on the usable 6-acre parcel with views of your barn, pastures, arena, the La Cresta valley, and distant mountains. The backyard is also quite usable with pool, spa, paddocks with shade structures, and a big grassy lawn. The home has great character, lots of windows, a big open kitchen, wood-burning fireplaces, and a large primary suite with its own private balcony and well-appointed adjoining bathroom. Experience the very unique ability to view your barn and horses from the slightly elevated home – close enough to enjoy, yet a nice distance from the ranch facilities, which includes multiple driveways for towing horse trailers and almost limitless parking. Ride directly (no trailer required!) from the front or rear of the property to dedicated community recreational trails, leading in multiple directions to trails throughout the entire Plateau. Just saddle up in your epic breezeway barn, equipped with in & outs, "man cave" lounge area, and bathroom. Enjoy the extra large lighted arena, or simply open your own gate to the trails for a quick ride or a long, adventurous ride over miles of community trails. Don't miss this equestrian gem! It is Cowboy Heaven!

*****Santa Rosa Plateau: 5-acre minimum parcels (10-acre minimum in SR West), just minutes to schools, restaurants, hospitals, grocery stores, 15 Fwy & Temecula Wine Country. Enjoy this peaceful ranch community w/no commercial businesses, robust social activities, miles of private community trails & 1000s of acres of 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, Tenaja & the Communities of the Santa Rosa Plateau!
Unit Size
3,550 Ft²
Days on Market
524 days
Land Size
5.92 acres
Price per sqft
$422
Property Type
House
Property Taxes
-
HOA Dues
$87
Year Built
1988

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Last updated: 10 months ago (CRMLS #SW24101708)

Price History

Date / Event Date Event Price
Jan 12, 2026 Sold
Sold
Nov 13, 2025 In contract -
In contract
Aug 2, 2025 Price Decreased $1,499,000
↓ $100K (6.3%)
Price Decreased
May 19, 2025 Price Decreased $1,599,000
↓ $50K (3%)
Price Decreased
Apr 27, 2025 Price Decreased $1,649,000
↓ $50K (2.9%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 257,875
  • Total Building Area: 4,896
  • Gross Building Area: 4,896
  • Building Area: 3,550
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,550
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARCEL MAP 7325
  • Land Acres: 0000005920
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: 5.92 ACRES GRS IN PARS E & 1 PM 028/041 PM 7325

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 043272

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: 7325
  • Subdivision Tract Number: 7325
  • Parcel: 929-220-003
  • Lot: E,1
  • Municipality: MURRIETA VALLEY
  • Latitude: 33.5617
  • Longitude: -117.32

    Address

  • Full Address: 38405 Avenida La Cresta
  • Address - House Number: 38405
  • Address - Street Name: Avenida La Cresta
  • State: CA
  • City Name: Murrieta
  • Carrier Code: R030
  • 4-Digit Zip Code: 8935
  • Zip Code: 92562

Valuation

    Tax

  • Total Area: 3,550
  • Tax Year: 2023
  • Tax Amount: $1,308,600
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 082-003

    Appraisal Valuation

  • Standard Deviation: 0.1768
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,570,004
  • High Value: 1,847,627
  • Low Value: 1,292,381

    Market Valuation

  • Market Total Value: $1,129,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $987,232
  • Assessed Land Value: $278,879
  • Assessed Improvements Value: $708,353

    Sales

  • Current Sale Contract Date: Mar 20, 2017
  • Current Sale Recording Date: Apr 13, 2017
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2017-0150102
  • Previous Sale Recording Date: Nov 30, 2011
  • Previous Sale Contract Date: Sep 06, 2011
  • Previous Sale Amount: $650,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Riverside


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 18797 Vista De Montanas, MURRIETA, CA, 92562

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
18797 Vista De Montanas, MURRIETA, CA, 92562 Listing by Landon Asbury


Frequently Asked Questions

When was property at 38405 Avenida La Cresta built and last sold?
The property at 38405 Avenida La Cresta was built in 1988 and last sold on Mar 20, 2017 for $885,000.
How much is this home worth?
The estimated value of the home located at 38405 Avenida La Cresta is $1,495,457.
What are some comparable homes to 38405 Avenida La Cresta?
There are currently no comparable homes to 38405 Avenida La Cresta.