NOT LISTED FOR SALE

38580 Avenida de Felicidad Murrieta, CA 92562

La Cresta Neighborhood

Estimated Value: $1,831,845 - $2,534,000

4 Beds
3.5 Baths
3,539 Sq Ft
$576/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $1,820,000 $514 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,934/month

82 Days on Market

Highlights

  • Barn
  • Stables
  • Second Garage
  • Cole Canyon Elementary School Rated A-
  • Gunite Pool
  • Primary Bedroom Suite

About This Home

As of August 2024

MOSTLY SINGLE-STORY LA CRESTA EQUESTRIAN ESTATE with two breezeway barns, lighted arena, multiple paddocks/pastures, shade covers, 60-foot round pen, feed-storage structure, gate & cross fencing, trail access, pool, and gorgeous high-quality home on 5 ABSOLUTELY FLAT, USABLE ACRES. The corner location provides easy access for trailers and deliveries, as well as the ability to ride directly off property via one of the several adjacent trails accessing the robust Santa Rosa Plateau recreational trail system. The main barn is currently configured with 7 stalls, 2 tack rooms & a studio apt with bathroom. The arena is laser-leveled with GeoTEX footing. Flat and usable properties don’t get much better than this. Equestrians, this is a must-see! The house is equally exciting with its soaring ceiling in the Great Room, which opens to a massive chefs’ kitchen, dining area, breakfast bar, entertainment bar with beverage fridge and doors to the big, festive back courtyard with built-in BBQ, bubbling custom fountain, outdoor dining area and pool. Imagine the get-togethers you can have here, with ample parking and wide open single-level entertainment areas inside and out. Just inside the automatic private security gate is a professionally designed vegetable garden and dramatic circular driveway, leading to this beautiful custom Mediterranean-influenced estate home, which includes single-level living (just one room upstairs - an ensuite bedroom with private patio deck). The main floor has absolutely NO STEPS and lives like a dream, with wood floors, 8-foot solid wood doors, high ceilings, a large ensuite primary bedroom, lovely executive office, and separate wing with the 2 guest bedrooms and stairs to the second-floor 3rd guest bedroom suite. Whether you plan to run an equestrian business from here, or just have your own couple of horses who love to the hit the trails, this epic equestrian estate is one to see! *****Santa Rosa Plateau: 5-acre minimum parcels, star-filled skies & peace – just minutes to schools, restaurants, hospitals, grocery stores, 15 Fwy & the famous Temecula Wine Country. Enjoy community activities & miles of trails via the private trail system & 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!

Last Agent to Sell the Property

Kelly Smith

Allison James Estates & Homes Brokerage Phone: 951-837-1650 License #01499934 Listed on: 03/27/2024

Allison James Estates & Homes

Co-Listed By

Jacob Ralston

Allison James Estates & Homes Brokerage Phone: 951-837-1650 License #01785418

Last Buyer's Agent

Christopher Livingston

The Livingston Group Inc License #01891045

The Livingston Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,014

Year Built

  • Built in 1990

Lot Details

  • 5.04 Acre Lot
  • Cul-De-Sac
  • Rural Setting
  • Cross Fenced
  • Split Rail Fence
  • Fence is in good condition
  • Corner Lot
  • Level Lot
  • Drip System Landscaping
  • Sprinkler System
  • Garden
  • Front Yard
  • Property is zoned R-A-5

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Second Garage
  • Parking Available
  • Circular Driveway
  • Driveway Level
  • Auto Driveway Gate
  • RV Potential

Property Views

  • Panoramic
  • Woods
  • Vineyard
  • Mountain
  • Hills
  • Pool
  • Neighborhood

Home Design

  • Slab Foundation
  • Spanish Tile Roof
  • Tile Roof
  • Clay Roof

Interior Spaces

  • 3,539 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Home Office
  • Workshop
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Pool

  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Balcony
  • Enclosed patio or porch
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Outdoor Grill

Schools

  • Cole Canyon Elementary School
  • Thompson Middle School
  • Murrieta Valley High School

Farming

  • Barn
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Propane
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot C
  • Tax Tract Number 1
  • Assessor Parcel Number 929220012
  • $2,217 per year additional tax assessments

Community Details

Overview

  • Lcpoa Association, Phone Number (949) 716-3998
  • Powerstone HOA
  • Near a National Forest
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,014

Year Built

Built in 1990

Lot Details

0

HOA Fees

$85 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Card/Code Access
  • Subdivision Name Other: Santa Rosa Plateau
  • View: Yes
  • Zoning: R-A-5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 929220012
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3539.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Wet Bar
  • Stories: 2
  • Entry Location: Main Level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Nook, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 514.27
  • Room Type: Formal Entry, Great Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Office, Walk-In Pantry, Workshop
  • Spa Features: Private, Gunite
  • Bathroom Features: Double Sinks In Primary Bath, Granite Counters, Separate Tub And Shower, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Barn(s), Outbuilding, Second Garage, Shed(s), Storage, Workshop
  • Exterior Features: Barbecue Private, Corral, Stable
  • View: Hills, Mountain(s), Neighborhood, Panoramic, Pool, Trees/Woods, Vineyard
  • Fence: Yes
  • Fencing: Cross Fenced, Good Condition, Split Rail
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Private, Gunite
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Circular Driveway, Direct Garage Access, Driveway, Concrete, Driveway Level, Gated, On Site, Private, RV Potential
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Propane, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Microwave, Propane Range, Propane Cooktop, Refrigerator
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Biking Trails, Hiking Trails, Horse Trails, Pets Permitted
  • Association Fee: 85.00
  • Association Fee Frequency: Monthly
  • Association Name: LCPOA
  • Phone: 9497163998
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Foothills, Hiking, Horse Trails, Mountainous, Preserve/Public Land, Rural
  • Association Management: Powerstone

Schools

  • School District: Murrieta
  • Elementary School: Cole Canyon
  • Middle School: Thompson
  • High School: Murrieta Valley
  • Elementary School: Cole Canyon
  • High School: Murrieta Valley
  • Middle Or Junior School: Thompson
  • Elementary School #2: COLCAN
  • High School2: MURVAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Corner Lot, Cul-De-Sac, Front Yard, Garden, Horse Property Improved, Lot Over 40000 Sqft, Level, Pasture, Ranch, Sprinklers Drip System
  • Lot Size Sq Ft: 219542.00
  • Lot Size Acres: 5.0400
  • Latitude Manual: 33.56016600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 219542.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 432.72
  • Tax Lot: C
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 2217.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Jul 19, 2024
Sold by
Dorsey Dana P and Dorsey Cheryl L
Bought by
James R Meyer And Cheryl L Meyer Living Trust and Meyer
Seller's Agent
Kelly Smith
Allison James Estates & Homes
Buyer's Agent
Christopher Livingston
The Livingston Group Inc
List Price
$1,999,000
Sold Price
$1,820,000
Premium/Discount to List
-$179,000
-8.95%
Views
88
Current Estimated Value
$2,039,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,461
Avg. Annual Appreciation
12.06%
Original Mortgage
$1,365,000
Outstanding Balance
$1,350,783
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$688,678

Purchase Details

Closed on
Mar 22, 2017
Sold by
Dli Properties Llc
Bought by
Dorsey Dana P and Dorsey Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 5, 2016
Sold by
Hill Margaret
Bought by
Dli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
3.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 22, 2013
Closed on
May 15, 2013
Sold by
Wells Fargo Bank Na
Bought by
Hill Margaret
Seller's Agent
William Travis
Smart Realty Group
Buyer's Agent
Laura Ukoli
Exit Alliance Realty
List Price
$689,900
Sold Price
$725,000
Premium/Discount to List
$35,100
5.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$471,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2012
Sold by
Monaco Anthony and Monaco Susan K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 11, 2005
Sold by
Mccarty James P and Mccarty Roberta A
Bought by
Monaco Anthony and Monaco Susan K

Purchase Details

Closed on
Jan 12, 2005
Sold by
Mccarty James P and Mccarty Roberta A
Bought by
Mccarty James P and Mccarty Roberta A
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James R Meyer And Cheryl L Meyer Living Trust $1,820,000 None Listed On Document
Dorsey Dana P $1,350,000 Consumer S Title Company
Dli Properties Llc $1,075,000 None Available
Hill Margaret $725,000 Lsi Title Company Inc
Wells Fargo Bank Na $1,053,577 None Available
Monaco Anthony $1,550,000 Chicago Title Company
Mccarty James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James R Meyer And Cheryl L Meyer Living Trust $1,365,000
Previous Owner Dorsey Dana P $550,000
Previous Owner Dli Properties Llc $100,000,000
Previous Owner Dli Properties Llc $806,250
Previous Owner Hill Margret $185,000
Previous Owner Hill Margret $765,000
Previous Owner Hill Margaret $75,000
Previous Owner Hill Margret $250,000
Previous Owner Hill Margaret $471,000
Previous Owner Monaco Anthony $845,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,820,000 -4.2% $514 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
04/26/2024 04/26/24 Price Changed $1,899,000 -5.0% $537 / Sq Ft
03/27/2024 03/27/24 For Sale $1,999,000 +175.7% $565 / Sq Ft
06/07/2013 06/07/13 Sold $725,000 +5.1% $205 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $689,900 -- $195 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,014 $3,184,999 $455,001 $2,729,998
2023 $19,014 $1,505,947 $362,542 $1,143,405
2022 $18,878 $1,476,420 $355,434 $1,120,986
2021 $18,514 $1,447,471 $348,465 $1,099,006
2020 $18,326 $1,432,630 $344,892 $1,087,738
2019 $17,973 $1,404,540 $338,130 $1,066,410
2018 $17,627 $1,377,000 $331,500 $1,045,500
2017 $14,187 $1,075,000 $300,000 $775,000
2016 $9,644 $754,166 $130,027 $624,139
2015 $9,540 $742,840 $128,075 $614,765
2014 $9,114 $728,291 $125,567 $602,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24011483

California Regional Multiple Listing Service (CRMLS)

APN: 929-220-012