39985 Calle De Suenos
About This Property
At the heart of the home is a beautifully renovated chef's kitchen, while just outside, an exceptional outdoor living space invites you to enjoy the La Cresta lifestyle year-round. A gorgeous custom pergola, built-in BBQ kitchen and sweeping mountain and sunset views create the perfect setting for entertaining or simply unwinding at the end of the day. The expansive grassy lawn also offers an ideal location for a future pool, should you choose.
The homesite is beautifully elevated above the exceptionally usable land below, where a dedicated road winds past a park-like children's playground and continues to the large barn, pasture and direct access to one of the Plateau's premier recreational trails. Currently configured as a workshop and RV garage, the modular-design barn offers tremendous flexibility and can easily be modified to accommodate horses or other farm animals. Or leave it exactly as it is-a fantastic space for RVs, toys, lifts, equipment and projects.
Inside, the versatile floor plan lends itself beautifully to multi-generational living, with a massive bonus room and two additional bedrooms at one end of the home and the private primary suite at the other.
Properties with this much character, maturity and thoughtful detail simply take years to create. This one has already been created for you-and it is not only magical, but in pristine condition.
*****LA CRESTA & THE SANTA ROSA PLATEAU: 5-acre minimum parcels, minutes to schools, restaurants, hospitals, shopping, 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, airports, mountains & beaches. Discover the country, yet convenient, lifestyle of La Cresta, Tenaja & the Communities of the Santa Rosa Plateau!
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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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$1,695,000
↓ $54K
(3.1%) | |
| Price Decreased | |||
| Sep 8, 2026 | Listed by Journey Real Estate | $1,749,000 | |
| Listed by Journey Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017