5
Bedrooms
Sold for $3,200,000 · Dec 2019
SOLDListed at $3,300,000
Murrieta, CA
MLS# SW18254594
Barbara Walker
Listing Agent
Coldwell Banker Res Murrieta W
DRE #: 01219294
Brokerage: Coldwell Banker Res Murrieta W
5
Bedrooms
6
Bathrooms
5,433 sqft
Square Feet
2003
Year Built
22.09 acres
Lot Size
$589
Price/Sq Ft
3
Garage Spaces
$323/mo
HOA
Single Family Home
Property Type
HUGE PRICE REDUCTION...WORLD CLASS EQUESTRIAN ESTATE...Welcome to one of La Cresta's premier equestrian properties. No expense was spared in the creation of this epic 22 acre estate for both horses and owners to share. Perfectly balanced, the amenities include the main house and full casita with 5433 square feet combined entered through a grand gated entry with waterfall feature. There are three entries on of which includes an 8000 square foot 32 stall barn with 9600 square foot indoor riding arena with lighting, paved stall floors and isle with rubber matting, cameras, vet room and three guest apartments. An additional 12 stall barn is available with apartment, 60 foot round pen and numerous pastures throughout. Fully fenced, cross fenced, with extensive lighting throughout. Solar available and a well for irrigation. Mature landscaping gives the estate a sense of permanence and style often found lacking in horse properties but which help make this estate stand apart. The home has been beautifully appointed in detail throughout with lower master suite, open floor plan to kitchen from family room and bar. The outdoor covered patio offers a fireplace, spectacular outdoor kitchen and serene pond area. An infinity edge pool with large deck area overlooks breathtaking views of the country side. If your horses could vote, this would be the winner...
Listing description from the December 2019 sale, as reported to CRMLS.
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2 recorded sales
38201 PALO ALTO LN sold for $3,200,000 in December 2019, 3.0% under its $3,300,000 list price, after 325 days on the market. It was first listed at $3,450,000. That works out to $589 per square foot on 5,433 square feet. Across 523 closed sales in 92562 over the last 12 months, the median sold price is $659,888 and the median is $326 per square foot, 45% below this sale's $589.
| Quarter | Closed sales in 92562 | Median sold price |
|---|---|---|
| Q1 2026 | 46 | $688,500 |
| Q2 2026 | 223 | $674,700 |
| Q3 2026 | 199 | $645,000 |
| Q4 2026 | 55 | $699,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Murrieta · Homes for sale in 92562
Closed sales reported in 92562, nearest first, last 12 months. All recent sales in Murrieta →
38201 PALO ALTO LN
Contact Barbara Walker
Contact via Nalren messaging
Contact Listing Agent
Coldwell Banker Res Murrieta W
DRE #01219294
Contact information is not available for this listing.