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42659 Avenida Perris, Murrieta, CA 92562

List Price: $2,499,000On Market FlagOn market
Dec 27, 20243,000 sqft3 beds4 baths
Listed by: GENI ADDICOTT
License #: 01351381
Phone #: 714-478-1616
Coldwell Banker Top Team
Source:
CRMLS Logo
MLS #: TR24254540

Property Description

Wow! 20 amazing acres of all usable land in a mild microclimate w/ beautiful Tenaja weather, influenced by the ocean breeze & above the hot valley floor. Ocean is only 15 miles away as the crow fly's. Plentiful water w/ a natural running creek, very productive Water Well along w/ connected City Water, will keep the property lush year-round. This is the Ultimate Family Compound w/ an enormous 7400 +/- square foot Barn that currently has approximately 3000 sq ft of built out living space consisting of three separate newly remodeled 1 bed/1 bath self-contained apartments, additional common kitchen, office, storage and laundry rooms. The current owner has massively improved the property with over $1,500,000 in recent improvements. There is a 5.75 acre elevated building pad if you choose to add a large home with a million-dollar view overlooking the ranch, mountains & spectacular rock outcroppings on the neighboring properties. Housing plans are included. The Ronald Reagan Ranch is directly across the street, with the rich history of the Old California Ranchero and tons of riding/hiking trails. For the horse lover there are world class arenas, Dressage Court 70' x 200' w/ stone viewing bleachers, large performance/jumping arena 100' x 200', 60' round pen, large 70' x 135' turnout arena, numerous grass turnouts w/ shelters, numerous paddocks, several pastures, 30' x 40' equipment/hay barn, trailer parking & well thought out crossties & farrier area. Recent large investments made in infrastructure, entire property is fenced and cross fenced, riding trails and pathways throughout the property, hundreds of trees, bushes and landscaping added, numerous fire hose hook ups, sophisticated drainage system installed throughout the parcel and irrigation run to all areas. High-end Interior Barn remodel. This is truly the most beautiful and impressive parcel in Murrieta, only 9 miles to town with a Costco, Home Depot, restaurants & all the shopping convivences you could ever want. See Video and Matterport 3D interactive video of the entire property. Great areas to add Solar and with the high production Water Well & very fertile soil, you can grow your own vegetables and fruit. So many possibilities for this amazing offering.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$42,261

TurboHome Estimated Value

$2,658,200

$886 sqft

High Valuation
$2,791,110
$930/sqft
Normal Valuation
$2,658,200
$886/sqft
Low Valuation
$2,525,290
$842/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$886/sqft$2,658,200

Neighborhood

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Comparative Value

$1.82M

$1.95M

$2.50M

18525 Tenaja Rd, Murrieta, CA 92562

Sale Price: $1,825,000

Selected Comparable

42125 Hacienda Dr, Murrieta, CA 92562

Sale Price: $1,945,000

Selected Comparable

19460 Calle Teresa, Murrieta, CA 92562

Sale Price: $1,950,000

Selected Comparable

42659 Avenida Perris, Murrieta, CA 92562

List Price: $2,499,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
42659 Avenida Perris, Murrieta, CA 92562

42659 Avenida Perris, Murrieta, CA 92562

List: $2,499,000

Listed: 12/27/2024

Area:3,000 sqft
Price/sqft:$833
Beds:3
Baths:4
Year Built:
Lot Size:873,814

Comparable Properties

COMPARABLE
Choose comps
42125 Hacienda Dr, Murrieta, CA 92562

42125 Hacienda Dr, Murrieta, CA 92562

Sale: $1,945,000

3/26/20251.13 mi

Area:3,219 sqft
Price/sqft:$604
Beds:3
Baths:3
Year Built:
Weight:40.8%
18525 Tenaja Rd, Murrieta, CA 92562

18525 Tenaja Rd, Murrieta, CA 92562

Sale: $1,825,000

5/20/20251.04 mi

Area:2,419 sqft
Price/sqft:$754
Beds:3
Baths:3
Year Built:
Weight:37.7%
19460 Calle Teresa, Murrieta, CA 92562

19460 Calle Teresa, Murrieta, CA 92562

Sale: $1,950,000

10/22/20240.82 mi

Area:4,266 sqft
Price/sqft:$457
Beds:4
Baths:5
Year Built:
Weight:21.4%

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