Special offer

Affordable La Cresta Homes $500,000 to $1 Million. WOW!

By
Real Estate Agent with 1st Action Real Estate

Seems like only yesterday that you couldn't find a home in La Cresta for under $1,000,000. Actually it less than two years ago. You couldn't find a vacant lot for love nor money, improved horse properties were almost non-existent and commanded a premium if you could find one, spec homes were sprouting everywhere. Times were good.

If you're not familiar with the La Cresta area, it sits in the rolling hills just to the west of Murrieta. You can see the ocean from some of the back lots, there are avocado and citrus groves and a few vineyards. There are homes that offer panoramic views from hillside aeries while others have lots of horse-friendly level ground. There are oak studded properties, properties with streams running  through them, all estate size custom homes on 5 acre minimum lots. 

And now there are affordable homes in La Cresta as well - 40 homes for sale under $1,000,000, 6 under $500,000 including one at $399,000! Unbelievable. These are custom homes on 5 acre parcels selling for tract home prices!

As with the rest of the down-valley homes, there are a few bank-owned gems, a few short-sales, a couple of spec homes that need to be finished and a variety of standard sale properties. 

Here's a sampling of what you'll find available between $500,000 and $1 million:

lc1RUN..DON'T WALK..! BUYERS WALKED AWAY..AND WE HAD A CLOSE DATE.. NOW WAITING FOR NEXT BUYER...IF ONLY YOU COULD WORK FROM HOME : ENTER THIS PRIVATE ESTATE THROUGH YOUR GATED DRIVEWAY...ONCE YOU WALK INSIDE THIS SPACIOUS ENTERTAINERS PARADISE YOUR THOUGHTS WILL CHANGE TO FINDING A WAY TO NEVER LEAVE...THIS BEAUTIFUL CUSTOM POOL HOME WITH PANORAMIC VIEWS FROM EVERY WINDOW WITH AN OFFICE DOWNSTAIRS...CUSTOM WROUGHT IRON WORK THROUGHOUT THE HOME AND A CHEF'S KITCHEN WITH BEAUTIFUL GRANITE COUNTER TOPS AND CUSTOM CABINETRY AND A LARGE WALK IN PANTRY...THREE FIREPLACES...CIRCULAR DRIVEWAY...HORSES?? BRING THEM THERE IS ROOM FOR THEM AS WELL...FRUIT TREES= CITRUS/AVOCADO.     4/3    3,229    $559,900

lc2GORGEOUS ENGLISH TUDOR STYLE CUSTOM BUILT HOME, BARELY LIVED IN, HIGHLY UPGRADED W/HARDWOOD & TILE FLOORING, STAINLESS STEEL APPLIANCES, GRANITE COUNTERTOPS, PLANTATION SHUTTERS, CUSTOM VANITIES & FIXTURES, SOARING CEILINGS, 2 FIREPLACES, CUSTOM INTERIOR DOORS, CEILING FANS, GUEST QUARTERS W/KITCHENETTE, BEAUTIFUL WROUGHT IRON BANISTER, HUGE BALCONY & COVD PATIO, 10+/- ACRES W/UPPER PAD & SIDE PAD FOR ADDITIONAL BARN/POOL/RV PARKING/OR ??, TOTALLY TURNKEY & MOVE IN READY,     6/5    3,123    $649,900

lc3Sprawling La Cresta ranch home sitting on 5 flat acres includes 5 stall open air shed-row barn, lighted dressage arena, large round pen, tack/storage shed and wash rack. Single story home with open floor-plan, large rooms, vaulted ceilings and elegant upgrades. Granite in kitchen and baths including Bellagio Green granite with gold chips surrounding the large spa tub in the master bath. Large formal living room with rock wood burning fireplace that is open to the formal dining room, great for entertaining large parties or the family Christmas dinner. Perfect equestrian property, many improvements with all flat useable acreage that is fenced and cross fenced for pastures. Home is equipped with solar and hooked into Edison grid. Sell your electricity back to Edison, no gas or electric bills!! This is a great equestrian property with trail access owned by a trainer.    4/3    3,434    $780,000

lc4Majestic Mediterranean w/panoramic views & vanishing edge pool in the heart of La Cresta! 5 acre estate that is fully fenced w/automated gate at entry. Plenty of room for tennis court, guest home, horses. Elegant entry w/round coffered ceiling leads to formal living room w/rich wood floors, fireplace, & views. Custom architectural features of arches, columns, & coffered ceilings. Stunning arched windows. Private double door study w/fireplace & floor to ceiling built-ins, wood flooring, & shutters. Separate formal dining room w/butler's pantry leads to dramatic kitchen w/large granite counters & stainless steel appliances. Kitchen is open to inviting great room w/media niche & fireplace overlooking covered patio, pool w/spa, & sunsets. All bedrooms are grand in size w/full private bath suites & one on private wing w/own entrance; perfect for guests, private maids quarters, or older child! Two attached two car garages, with one used as bonus or game room.    4/5    5,500    $869,900

lc5Welcome to this Horse Country Estate nestled in the hills of La Cresta. This custom built home features 4 bedrooms, 3 bath with an office/library including built-ins. The master suite has a fireplace and roman tub to soak in after riding the trails. Kitchen has granite counters, cherrywood cabinets and s/s appliances. Family room includes wet bar and woodbeam ceilings w/ rock fireplace. Hardwood floors throughout most of home. The backyard is set up to entertain w/an outdoor kitchen over-looking the pool/spa, fire pit w/ seating.The property is fenced and cross fenced with motorized gate, round about driveway,FCP fourstall barn(12x12)including tack room(12x16) and feed room.Two arenas w/1 lighted,large pasture w/ shelter,dog kennel/chicken coop,Separate hay shed and storage shed. Cottonwood trees all around,fruit trees,agricultural water,highly producing Cabernet Vineyard. This property is flat and all usable w/ direct access to trails. If you love horses....you will love this property!    4/3    3,621    $999,999

For information on these or any other homes throughout Southwest California, including the fabulous Wine Country contact DaneWunderlich@earthlink.net

SWCALscwal

 

Comments (5)

Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

If this doesn't get some buyer traffic, I don't know what will.  Homes like this are a lot more expensive in my area and they are postage stamp lots with gridlock traffic.

Listings like this should be money in the bank.

Jun 06, 2010 10:58 PM
Fernando Herboso - Associate Broker MD, & VA
Maxus Realty Group of Samson Properties - Clarksburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Very nice homes and the prices are so affordable compared to my area. . .I should consider retiring there:)

Jun 06, 2010 11:47 PM
William Queen
William D. Queen, Real Estate Broker, Richmond, Virginia - West End, VA

Nice to see that La Cresta has done so well.  An unimproved five acre lot in La Cresta was my very first real estate sales transaction. The price was $25,000, with seller financing, and the commission was 10%. Good job people.

Bill

Jun 07, 2010 12:18 AM
Gene Wunderlich
1st Action Real Estate - Murrieta, CA
Realtor & Legislative Liaison

Bill - that goes back a ways - waaaay back. Prices got pretty high for awhile, then people just held off selling at the new reality prices. Now some people are selling but there's nobody lending in this price range. Anything over $700,000 just sits. We've got a 6 year inventory of $1 million dollar homes. If you've got money it's a terrific time to buy.

Jun 07, 2010 08:48 AM
William Queen
William D. Queen, Real Estate Broker, Richmond, Virginia - West End, VA

Gene, you betcha it goes way back. My point, other than nostalgia, is an extreme example of your point. Buyers have a another bite at that apple.

 Bill

Jun 08, 2010 04:48 AM