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Ranch Estate with Saltwater Pool
For Lease
$2,871,000 SF/Yr

39455 Avenida La Cresta, Murrieta, CA 92562

Residential compound for lease featuring main home, two apartments, and extensive grounds with a saltwater pool.

Property Size3,708 SF
Days on Market47

Property Features for 39455 Avenida La Cresta

General Information

Standard status Active
Size 3,708 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1990
Listing Agency: Allison James Estates & Homes
Listed By: Kelly Smith ([email protected])
Source: Mrmurrieta
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 1 at 7:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allison James Estates & Homes

Investment Insights

Based on property information with market context.

Set on flat, fenced grounds, this distinctive ranch-style estate includes a 3,708sf main house with 4 bedrooms and 3 bathrooms, highlighted by soaring great-room ceilings, a chefs’ kitchen, a dramatic fireplace, and a private downstairs primary suite with direct access to the oak-studded backyard. The property also features two separate apartments: a 713sf 1-bedroom, 1-bath unit with a kitchenette above the garage, and a 1,574sf split-level 2-bedroom, 3-bath home with a cathedral beamed ceiling living room, fireplace, full kitchen, balcony, and a private ground-floor entrance. A 6,000sf bonus structure with cross-beamed 2-story ceilings offers multipurpose space with meeting area and bathrooms, or can be converted back to a large horse barn. Outdoor amenities include a saltwater pool and spa, cedar hot tub, SALTchamber spa, and an automatic entry gate, surrounded by ancient oak forest, gardens, walk-paths, a fruit orchard, and a frog pond.

Located in the heart of La Cresta, the estate is within minutes of schools, restaurants, hospitals, and stores, and is described as being just minutes to the 15 Fwy and Temecula Wine Country. The surrounding community is characterized as a ranch environment with no commercial businesses, along with private community trails and access to ecological reserve acreage.

This layout is well-suited for tenants seeking a true live-work-or-host setup, combining a substantial single-family home with two additional apartment units for guests or rental income. The large bonus structure supports flexible operations such as meetings and offices, while the option to convert it back to a horse barn supports equestrian-oriented households.

Key Highlights

  • 3708 SF main house built in 1990 featuring 4 bedrooms and 3 bathrooms, including a private downstairs primary suite with spa‑style bath.
  • Additional flexibility with two apartments: a 713 SF 1BD/1BA unit with kitchenette over the garage and a 1574 SF split‑level 2B/3BA with private ground‑floor entrance.
  • 6000 SF bonus structure with cross‑beamed 2‑story ceilings, currently used for multipurpose meeting space and bathrooms or convertible to a large horse barn.

Property Analytics

Current Use

Lessons Boarding & Equestrian ... Horse Trainer Kathleen Elliott Horse ... Animal Training All Purpose Equine Animal Training BeingWizard Bed & Breakfast

Suggested Use

Top Pick Real Estate Agency Storage Facility Restaurant Law Firm Accounting Firm Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type
$430,650.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 92562, CA

64,270
Population
22,362
Households
2.9
Avg Household Size
38
Median Age
34%
College-Educated
94%
High-School Grad
110.3 sq mi
ZIP Area
583
Density / Sq Mi
$113,204
Median Household Income
$55,495
Median Earnings
$2,262
Median Rent
$629,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Residential compound for lease featuring main home, two apartments, and extensive grounds with a saltwater pool.
Where is this horse & equestrian property located?
The property is located at 39455 Avenida La Cresta Murrieta, CA.
What is the lease rate?
The lease rate is $2,871,000.
What are key features of this property?
This property features: 3708 SF main house built in 1990 featuring 4 bedrooms and 3 bathrooms, including a private downstairs primary suite with spa‑style bath.; Additional flexibility with two apartments: a 713 SF 1BD/1BA unit with kitchenette over the garage and a 1574 SF split‑level 2B/3BA with private ground‑floor entrance.; 6000 SF bonus structure with cross‑beamed 2‑story ceilings, currently used for multipurpose meeting space and bathrooms or convertible to a large horse barn.
More about this property
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