Back to Search Nalren

Sold for $3,200,000 · Dec 2019

SOLD

Listed at $3,300,000

Sold

38201 PALO ALTO LN, Murrieta, CA 92562

Murrieta, CA

MLS# SW18254594

5,433 Sq Ft • Single Family Home5bd • 6ba
325 days on market

Listing Agent

Barbara Walker

Listing Agent

Coldwell Banker Res Murrieta W

DRE #: 01219294

Brokerage: Coldwell Banker Res Murrieta W

Property Details

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

Description

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.

Facts & Features

Details

Stories
2
Pool
Yes
Cooling
CentralAir, Zoned
Heating
Central, Zoned
View
Hills, Mountains, Neighborhood, Orchard, Panoramic, Pool, Pasture

Sale history for 38201 PALO ALTO LN

2 recorded sales

$3,200,000
Sold December 2019 · listed $3,300,000, orig. $3,450,000, on market November 2018, 325 days on market · MLS #SW18254594 · Source: CRMLS
Listing Agent: Barbara Walker · Listing Office: Coldwell Banker Res Murrieta W · Contact: 951-253-4050 · Bought with: Ed Maguyon · Berkshire Hathaway HomeService
$3,150,000
Sold April 2017 · listed $3,499,000, on market April 2016, 321 days on market · MLS #SW16067454 · Source: CRMLS
Listing Agent: Sandra Peckinpah · Listing Office: Coldwell Banker Res-Murrieta · Contact: 951-304-2900 · Bought with: Barbara Walker · Coldwell Banker Res Murrieta W

How this sale compares

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.

$589
This sale, per sq ft
$326
92562 median per sq ft (12 mo)
$659,888
92562 median sold price (12 mo)
523
Closed sales in 92562 (12 mo)
325
Days on market
−3.0%
Sold vs. list price
QuarterClosed sales in 92562Median sold price
Q1 202646$688,500
Q2 2026223$674,700
Q3 2026199$645,000
Q4 202655$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

Recent sales near 38201 PALO ALTO LN

Closed sales reported in 92562, nearest first, last 12 months. All recent sales in Murrieta →

Explore Murrieta