Special offer

Affordable La Cresta Homes Under $500,000. 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 under $500,000:

lc1REO! Great opportunity on this charming 4.8 acre Spanish Hacienda home. This custom one story home is situated on a breath taking parcel with mature oaks and surrounded by rolling country side. The home features distressed alder doors and cabinetry. Double door entry leads to a large Open family room with vaulted 14' foot ceiling. Custom travertine tile work adorns the bathroom. Large open kitchen with great views. House was built in 2007 and was approximately 80% completed, Endless possibilities to finish this your own style and taste.    4/3    2,668 SqFt    $399,000

lc2Bank-Owned Beautiful horse property in Tenaja. Two story with living area on second floor and huge garage on first floor. New paint and carpet installed. Home offers approximately 1392 square feet, featuring 2 bedrooms and one full bath. Balcony off master bedroom. Kitchen with blue-tiled countertops and wood flooring. Gated entry and fully fenced lot. Oversized three car garage. Plenty of room to build your private estate.    2/1    1,392 SqFt    $410,000

lc3COME QUCIK AND SEE THIS AMAZING 2 STORY HOME THAT JUST HIT THE MARKET. THIS BEAUTIFUL HOME BOASTS OVER 3800 SQ FT GLA, LOT SIZE IS OVER 5 ACRES, INCREDIBLE VIEW, 4 BEDROOMS, 4.5 BATHROOMS, 3 CAR GARAGE AND SO MUCH MORE.     4/5    3,816 SqFt    $489,900

lc5FABULOUS LA CRESTA PROPERTY, 5.09+/- GORGEOUS ACRES, VIEWS FROM EVERY RM, COMPLETELY REMODELED, REAL NATURAL DISTRESSED HARDWOOD FLOORS, COOL PORCELAIN TILE, UPGRADED CHANDELIER & LIGHT FIXTURES, ALL BATHS REMODELED W/NATURAL STONE, DARK GLAZE CABINETS THROUGHOUT, GRANITE IN KITCHEN, STAINLESS STEEL APPLIANCES, CENTRAL HEAT, 2 NEW A/C UNITS, CEILING FANS, VIEW DECK OFF DINING AREA, 2 BALCONIES, FRENCH DOORS, UPSTAIRS MASTER BDRM W/SHARED FIREPLACE TO FAM RM, STUDY W/FIREPLACE, HM IS ALL-ELECTRIC, NEW FURNACE/ROOF, FRESH STUCCO, 3 BDRMS DOWNSTAIRS (1 W/NO CLOSET), 1-CAR ATTACHED GARAGE, GREAT HORSE PROPERTY W/2 LRG PADS, CITY WATER, ROAD TO HOME NEWLY PAVED   3/2    2,289    $499,000

lc4WELCOME HOME TO THIS PRIVATE REO / BANK OWNED PROPERTY. THE BEAUTIFUL POOL AND SPA ARE THE FOCAL POINT OF THIS LA CRESTA VIEW PROPERTY. THE HOME SITS ON TOP OF THE HILL WITH VIEWS EVERY WHERE YOU TURN. THIS FIVE BEDROOM TWO AND A HALF BATH RESIDENCE INCLUDES A BONUS ROOM AND A DOWNSTAIRS BEDROOM AND BATHROOM. THE KITCHEN BOASTS GRANITE COUNTERS, DUAL OVENS AND A LARGE PANTRY. OTHER UPGRADES THAT ARE FEATURED ARE CEILING FANS, CUSTOM TILE FLOORING AND DARK STAINED CABINETRY THROUGHOUT. THE MASTER SUITE OFFERS A BUILT-IN CABINET AND A BALCONY OVERLOOKING THE BACK YARD AND BEYOND! THE MASTER BATH ROOM HAS DUAL SINKS, SEPARATE SHOWER & TUB, AND A WALK-IN CLOSET.  5/3    3,650 SqFt    $499,500

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

SWCALscwal

 

Comments(2)

Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I have been to La Cresta and it was great.  I know how much the prices have dropped.

Jun 06, 2010 06:07 PM
Gene Wunderlich
1st Action Real Estate - Murrieta, CA
Realtor & Legislative Liaison

Gorgeous area. Many of these homes sold for double these prices pretty recently - and will again in a few years. It's a great time to buy low - just don't expect to sell high anytime soon.

Jun 06, 2010 06:38 PM