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Listed by Terri Delhamer • GRE Land & Commercial RE
$ 11,500,000
Est. payment /mo
New
42149 Elm Street Murrieta, CA 92562
13 Beds
14 Baths
13,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 13,500 sqft
Price per Sqft $851
MLS Listing ID SW-25120556
Bedrooms 13
Full Baths 14
Year Built 2002
Lot Size 40.000 Acres
Property Sub-Type Commercial/Residential
Property Description
Welcome to Hawk Ranch - a truly exceptional 40-acre ranch estate and turnkey event venue located on Murrieta's prestigious westside. Zoned Rural Residential (RR) with a fully approved Minor Conditional Use Permit (MCUP) for weddings and events, this rare property blends luxury living, thriving agri-tourism businesses, and substantial income opportunities. Just minutes from I-15, I-215, and the renowned Temecula Valley Wine Country, Hawk Ranch offers privacy, scale, and accessibility in one of Southern California's most sought-after rural communities. The estate features five separate residences totaling approximately 13,500 square feet. At the heart of the property is a ?7,300 SF custom main residence designed in a lodge style with impressive natural wood interior finishes, vaulted ceilings, and a beautifully landscaped yard and pool ideal for entertaining. Four additional homes--ranging from 950 to 2,500 SF--are ideal for guest housing, potential short-term vacation rentals or B&B operations. A ?2,300 SF banquet/gallery hall anchors the wedding and events business, complemented by beautifully landscaped ceremony lawns, tree-lined reception areas, bride and groom suites, and a tranquil 1/3-acre pond stocked with fish and accented by a central fountain. Business operations include weddings and receptions, private farm animal tours, cattle and farm product sales, a souvenir retail shop, and residential rental income. Projected net annual income exceeds $450,000, with $200,000 from weddings and events, $150,000 from rentals, and $100,000 from agri-tourism operations. All ranch and farming equipment is included, offering a seamless transition for the next owner-operator. Originally developed by builder and outdoorsman William Mitchell as a private retreat, the property was granted a CUP in 2014 and has since been thoughtfully expanded by the current owners to support a wide range of uses and revenue streams. Additional features include a 5-car garage, 60-foot-deep RV garage, two operational water wells, multiple septic systems, and a 5/8-mile horse racing track. One of only four permitted wedding venues in Murrieta, Hawk Ranch presents an unparalleled opportunity for investors, retreat operators, hospitality entrepreneurs, or multi-generational buyers seeking a lifestyle asset with income, history, and growth potential. Shown by appointment only. Do not disturb active business operations.
Location
State CA
County Riverside
Zoning A120
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Laundry Individual Room
Exterior
Garage Spaces 12.0
Pool Private
Community Features Fishing
View Y/N Yes
View Mountain(s)
Building
Lot Description Horse Property Improved, Landscaped, Lawn, Pasture, Ranch, Treed Lot
Sewer Conventional Septic