ActiveResidential · sale

38755 Via Vista Grande

Murrieta, CA 92562

$2,899,000

  • 6 beds
  • 5 baths
  • 5,794 sq ft
  • 10 acres
  • Built 1991

Listed by Coldwell Banker Country Realty · MLS #NDP2601316

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38755 Via Vista Grande, Murrieta, CA 92562 · MLS #NDP2601316

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A FEW THINGS TO NOTICE

What stands out.

Additional spaces

The gorgeous, custom casita is perfect for rental, or family.

Living spaces

The first floor offers an open-air living room with grand fireplace wall, french doors, kitchen, mud room, guest bath, large laundry room, living room, formal dining room, grand foyer, office with french doors which can be converted to a den or bedroom, AND a full apartment with it's own private entry.

Year built

Built in 1991.

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

THE PROPERTY

Get to know the property.

10 Acre estate in exclusive La Cresta. HUGE RENTAL INCOME opportunity. Gorgeous views. Secluded and private, with 2 Separate Parcels, This luxury property includes a Principal Residence of 5794 sq ft, on 2 levels with 25' vaulted ceilings and an open air floor plan. Limestone tile floors, aged wood and no carpeting! Heavy insulation makes this energy efficient home warm in winter and cool in the summer. Sliding doors open to a huge backyard with beach walk-in swimming pool. The pool is accompanied by a hot tub adjoined across a waterfall, and an adjacent firepit for cozy evening gatherings. Large outdoor BBQ pavilion and sitting areas, across a grass lawn, rich with palm trees, and plenty of shade for those not willing to brave the direct sun on the pool deck! A craft kitchen includes solid granite countertops, wood cabinets, and a suite of Viking appliances and SubZero commercial sized fridge, with 2 dishwashers for parties and events. A "mud room" full of cabinetry, adjoins the kitchen, garage, and laundry room for convenience, and easy access from the side entry or garage entry. The first floor offers an open-air living room with grand fireplace wall, french doors, kitchen, mud room, guest bath, large laundry room, living room, formal dining room, grand foyer, office with french doors which can be converted to a den or bedroom, AND a full apartment with it's own private entry. The 1000 square foot apartment features a full bath with custom tile floors and tile bath, solid wood flooring, a bedroom, dining area, full kitchen, and living room. Excellent for mother-in-law quarters or a rental opportunity. 2nd level features easy-to-clean laminate flooring, Primary suite including vaulted ceiling, 2 separate full bathrooms: One with bathroom walk-in closet and full shower, other features a giant walk in closet, sitting area, grand tub with separate shower, and private toilet and bidet, 3 sinks. The opposing wing features 2 bedrooms with large closets in each, full bath with dual sinks, and a huge den / playroom, which can easily be converted to a second master suite. This room also features a walk-in closet. The attached garage features cabinetry, and room for 2 cars. There is a detached RV garage spanning 2800 square feet, with 3 car bays and one vaulted RV bay. This fabulous garage is of Steel construction, insulated, custom glass doors, custom fans, mini splits, 6 inch concrete pad,and it's own apartment complete with: Custom cabinets, granite counters, concrete tile floors, custom shutters, custom full bath with granite shower, bidet toilet and urinal, as well as private entry in the bathroom. This garage apartment is also fully loaded with every tech feature imaginable and an amazing built in sound system for a fantastic audio visual experience. The Ultimate 'man cave'. Adjacent to the huge RV garage / apartment is a 'barndominium'. The gorgeous, custom casita is perfect for rental, or family. At approximately 1400 square feet, vaulted ceiling with open beams, this casita offers 2 bedrooms, 2 baths, a custom kitchen with granite counters, 2 entries, french doors off the dining room, and a full laundry room with appliances and full sink and cabinetry. Extremely energy efficient construction with lots of cheerful natural lighting. The property offers perimeter fencing. The main entry has an electric gate, with a swing barn gate at the rear entry, and 3 other swing gate entries around the property as well as a foot gate to the main road. Equestrian area includes 2 large corrals, with 3 enclosed shelters. 3" water lines with fire hose attachments. Flat, sanded area for arena. 2 tack sheds. 2 Seetrains. Add'l features include a new camera system, audio visual cabling in each room. A multi-Zoned sprinkler system with separate shut off valves. ** Information per Seller. Buyer to verify. SELLER TO OBTAIN ACCEPTABLE REPLACEMENT PROPERTY (Identified).

THE NEIGHBORHOOD

Explore the location.

38755 Via Vista Grande, Murrieta, CA 92562

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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

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
1991
Full baths
4
Half baths
1
Garage spaces
6
Cooling
CentralAir
Appliances
Barbecue,Dishwasher,GasRange,Refrigerator
Accessibility
AccessibleHallways
Pool
Yes
Pool features
InGround,Private,Waterfall
Spa
No
Zoning
Residential
Parcel
928300006
HOA
Powerstone La Cresta HOA
HOA amenities
CallForRules
HOA fee frequency
Monthly
HOA fee
$85.00

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$12,079.17
Cap rate

Annual operating income:

HOA: Includes $85.00 per month in HOA dues, converted from the $85.00 monthly fee reported by the listing source.

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Purchase price
Rental income & operating costs

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

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.

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

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

Estimated monthly principal & interestLoan 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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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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Listing information

MLS #NDP2601316 · California Regional MLS

Listing brokerage: Coldwell Banker Country Realty
Listing agent: Gayle Wright

Listing status: Active. Record updated . 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.