39948 Avenida La Cresta
About This Property
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 21, 2026 | Price Decreased |
$998,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Sep 15, 2025 | Listed by Journey Real Estate | $1,098,000 | |
| Listed by Journey Real Estate | |||
| Jun 20, 2025 | Price Decreased |
$1,398,000
↓ $297K
(17.5%) | |
| Price Decreased | |||
| Mar 13, 2025 | Listed | $1,695,000 | |
| Listed | |||
| | |||
|
SELLER FINANCING AVAILABLE!!! 25-ACRE CROWN JEWEL OF LA CRESTA! SELLER MOTIVATED! BRING ALL OFFERS! This fully fenced parcel with power, water and Grading Permits for 2 pads & riding arena, is a once-in-a-lifetime opportunity to expand on the significant improvements that have been painstakingly made for several years, creating the Santa Rosa Plateau’s most notable estate site. The tour starts with the solar-powered custom stone & iron gated entry. Notice the moniker on the boulder at the street “Rocky Mountain Ranch”, giving a nod to the majesty of the mountain, sitting high above the entire La Cresta Valley. The views from all parts of the property are epic, especially from the top, where you will see the mountains of San Diego County, Mount San Jacinto, Mount Baldy, the entire Temecula Valley, magical sunsets and inspiring sunrises. In addition, follow one of the property’s gravel roads to the seasonal stream, vineyard and flat meadow below, a perfect spot for equestrian development and/or further agriculture. The 400-foot deep private water well and expansive irrigation system assures that you will have ample water from your own property for watering the existing vineyard, palms & fruit trees. It’s your water, so you will have the pleasure of knowing you can plant to your heart’s desire, without the expense of city water. The irrigation system continues throughout the property, including the vineyard, front fence line and dramatic entrance. A 2-inch water conduit is pulled all the way to the top, and an SCE electric meter has been installed (at great cost) to supply power to the well. A 3-inch electrical conduit has also been trenched and pulled to the top, saving thousands of future construction dollars. If you have waited for the pinnacle parcel to build your dream compound, do not miss this! It’s a WOW from the moment you see it! *****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!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017