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Riverside 92562
39948 Avenida La Cresta
$998,000
↓ $100K (9.1%)
● Land - For Sale

39948 Avenida La Cresta

Murrieta, CA 92562
bedrooms
Studio
bathrooms
0 Bath
$5,021
Est. Monthly
$120
HOA / Fees
3.90%
Cap Rate

About This Property

SELLER FINANCING AVAILABLE!!! 25-ACRE CROWN JEWEL OF LA CRESTA! SELLER MOTIVATED! BRING ALL OFFERS! Be the King/Queen of the Plateau with 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!
Unit Size
-
Days on Market
413 days
Land Size
25.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$120
Year Built
-

Listed By

KELLY SMITH
CENTURY 21 TAHOE NORTH REALTORS
Jake Ralston
Allison James Estate & Homes

Payment Calculator

Cap Rate Calculator

Last updated: 16 days ago (CRMLS #SW25219033)

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!

Property Highlights

With View
Exterior Details
Lot Features: Agricultural, HorseProperty, LotOver40000Sqft, Trees
Lot Size Area: 1095098
Lot Size Units: Square Feet
Lot Size Acres: 25.14
Lot Size Square Feet: 1095098
Tax Lot: 16
Water Source: Private, Well
Utilities Details
Sewer : None
Location Details
HOA Fee: $120
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,095,098
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PARCEL MAP 5494
  • Land Acres: 0000025140
  • Standard Land Use Code: 8008
  • County Land Use Code: A19
  • State Land Use Code: A19
  • Legal Description 1: 25.14 ACRES M/L IN PAR 16 PM 010/085 PM 5494

Neighborhood

  • School District Name: Murrieta Valley Unified School District
  • Census Tract: 050600

Zoning

  • Zoning: RA10

Geography

  • Assessors Map Reference: 5494
  • Parcel: 931-280-004
  • Lot: 16
  • Municipality: MURRIETA VALLEY
  • Latitude: 33.5413
  • Longitude: -117.319

    Address

  • Full Address: 39948 Avenida La Cresta
  • Address - House Number: 39948
  • Address - Street Name: Avenida La Cresta
  • State: CA
  • City Name: Murrieta
  • Zip Code: 92562

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $799,812
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 082-003

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $367,200
  • Assessed Land Value: $367,200

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2021-0570915
  • Previous Sale Recording Date: Dec 09, 2004
  • Previous Sale Contract Date: Sep 19, 2004
  • Previous Sale Amount: $350,000
  • 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


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Frequently Asked Questions

When was property at 39948 Avenida La Cresta built and last sold?
The property at 39948 Avenida La Cresta was built in and last sold on Aug 9, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 39948 Avenida La Cresta is $1,007,980.
What are some comparable homes to 39948 Avenida La Cresta?
There are currently no comparable homes to 39948 Avenida La Cresta.