39325 Highway 79

Aguanga, CA 92536

$3,500,000

4 beds
2 baths
2,382 sq ft
173.71 acres
Built 1951

Listed by HomeSmart Realty West · MLS #SW26138743

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1951.

Property size

173.71 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Discover this extraordinary opportunity to own a large portion of the Historic Dripping Springs Ranch. This rare offering includes three contiguous parcels totaling approximately 173 acres in the scenic foothills of Temecula with 2 historic ranch homes. Rich in history and natural beauty, the property features two gated entrances with Highway 79 frontage for convenient access and privacy, plus a third access point via Anja Avenue in the unincorporated area south of the highway. All parcels are in the Temecula Valley Unified School District. Two parcels have functioning water wells.

The first parcel at 39325 Highway 79 offers approximately 40 acres, zoned Rural Residential (RR) and bordering public land. It includes a charming 1951 single-family residence of about 790 square feet with 2 bedroom and 1 bathroom, plus a pond. This parcel features two elevated and unimproved flat plateaus including one large one aproximately 5 acres with spectactular views.

The second parcel (APN 917-150-034) spans approximately 123.93 acres, also RR-zoned, with a seasonal creek, rolling terrain, mature native vegetation, oak woodlands and direct adjacency to the Dripping Springs Trailhead and Campground in the Cleveland National Forest. It features a historic 1928 single-family residence of about 1,592 square feet with 2 bedrooms and 1 bathroom.

The third parcel (APN 917-150-027) comprises approximately 9.78 acres with a fantastic hilltop view pad ideal for a future building site. Zoned RR and accessible from Wacker Drive and David Street, it adjoins the other parcels and neighboring land to create one expansive ranch.

Boasting panoramic mountain and valley views, expansive mature oak woodlands, abundant wildlife, seasonal waterways, and direct access to thousands of acres of protected public lands, this property is ideal for a private ranch, equestrian estate, agricultural use, family retreat, recreational getaway, conservation, or custom estate home (buyer to verify all building possibilities with Riverside County). Flat pads near the hilltops offer spectacular views.

Properties of this size, history, privacy, and location are rarely available. Just minutes from Temecula Wine Country, Vail Lake, and Old Town Temecula, this is a truly unique legacy property in Southern California. *** Be Sure to check out virtual tour ***

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THE NEIGHBORHOOD

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39325 Highway 79, Aguanga, CA 92536

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months

Months of supply4.112-month average

Days on market5312-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

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These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1951
Full baths: 2
Garage spaces: 0
Cooling: WallWindowUnits
Heating: WoodStove
Appliances: ElectricRange,Refrigerator
Flooring: Laminate,Wood
Utilities: ElectricityConnected,WaterConnected
Pool: No
Pool features: None
Spa: No
Parcel: 917150009
HOA fee: $0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$14,583.33

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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39325 Highway 79, Aguanga, CA 92536 · MLS #SW26138743

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Listing information

MLS #SW26138743 · California Regional MLS

Listing brokerage: HomeSmart Realty West
Listing agent: Justin Caudillo

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.