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21977 Paseo Chico, Murrieta, CA 92562

$1.80M4bd · 4ba · 3,492 sqft
Lot 254,826 sqft•HOA $1075/mo•Single Family Residence•
Active
•65d on market•MLS# PW-26167747

Property Description

Welcome to this extraordinary custom-built single-story estate set on 5.85 mostly flat, usable acres in the prestigious community of La Cresta. Experience the lifestyle in one of Southern California's premier equestrian communities, where President Ronald Reagan once owned a ranch. Adjacent to the breathtaking Santa Rosa Plateau, this exceptional property offers panoramic rolling hill views, privacy, and the perfect balance of refined luxury and peaceful country living, all just minutes from wineries, restaurants, shopping, hospital and convenient commuter access. Open floor plan designed for both everyday comfort and grand entertaining, this beautifully crafted residence features soaring 10 foot ceilings, impressive 8 foot solid mahogany doors, elegant 18-inch travertine flooring, and expansive windows that fill the home with natural light while showcasing the surrounding landscape. The gourmet kitchen is a chef's dream with rich cherry cabinetry, a spacious center island with prep sink, wine refrigerator, Viking cooktop, double convection wall ovens, built-in refrigerator, and more. The formal living and dining rooms are impressive, offering walnut flooring and elegant coffered ceilings. The luxurious suite is a private retreat with a spa-inspired bathroom featuring a walk-in shower, jetted soaking tub, dual closets, and refined finishes throughout. Car enthusiasts and hobbyists alike will appreciate the expansive 30 foot depth 3 car garage, with a workbench and attic storage access. Step outside to your own private resort featuring a covered patio, built-in BBQ, fire pit with ambient lighting, beautiful landscaping, and generous outdoor living spaces designed for entertaining or enjoying the serenity of nature. An automatic private gate opens to more than 7,000 sqft. of reinforced concrete, providing exceptional parking space for RVs, horse trailers, boats, recreational vehicles, guests enhancing privacy and security. A 22kW Generac automatic backup generator provides peace of mind with reliable backup power. Beyond its luxury amenities, this property offers the opportunity to embrace a true farm-to-table lifestyle with an established organic vegetable garden, avocado, apple, lemon trees and more. With abundant usable acreage, there is plenty of room to expand and create a vineyard, or develop your own country lifestyle. Combine luxury, usable acreage, equestrian potential, self-sustainable living, and one of La Cresta's most desirable locations.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
23
Garage Spaces
3
Heating
Central, Heat Pump
Cooling
Central Air
View
Hills, Landmark, Mountain(s), Panoramic
Flooring
Carpet, Stone
Roof
Tile
City
Murrieta
Zip Code
92562
County
Riverside
Listed byFirst Team Real Estate, Silvia Milligan

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,101.77
Principal & Interest
Loan Amount
$1,439,999
Total Interest
$1,836,639
Total Payment Over 30 Years
$3,276,638
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

21977 Paseo Chico, Murrieta, CA 92562

Murrieta · Single Family Residence

$1.80M
Luxury Tier
Beds
4
Baths
4
Sqft
3,492
Lot
5.85 ac
Year
2005
$/Sqft
$515
Pool: No✓
Spa: No✓
View: city✓
Garage: 3-car✓

Listed 123.3% above the median closed sale of $806,000. Price per sqft ($515) is a 107% premium to closed comps ($249). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.80M· $515/sqft
Total list price
Closed comps
vs closed median $806K
+$994K (+123.3%)
Active comps
vs active median $799K
+$1.00M (+125.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $331
+$184 (+55.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
38566 Vista Del BosqueMurrieta2024332,979243,936$487$1.45M11679
39158 Vista Del BosqueMurrieta1984433,070495,713$420$1.29M7262
40238 Jonah WayMurrieta2005532,9298,276$273$799,000261
29562 Troon CourtMurrieta1999433,0697,405$238$729,9007051
37473 Starmist WayMurrieta2007443,0359,147$235$714,0004451
Total: 5 · Average4.03.23,016.4152,895.4$330.6$996,38060.8
Median3,035$799,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23649 Bellwood CourtMurrieta200510/05/2026433,14613,939$849,000$840,000$2670.995466
42711 Mountain Shadow RoadMurrieta199510/06/2026533,16510,019$1.08M$1.07M$3380.9911665
23626 Black OakMurrieta200410/01/2026533,72110,454$809,000$790,000$2120.987764
34156 HeleniumMurrieta202109/30/2026443,5206,534$795,000$806,000$2291.012553
40463 Ariel Hope WayMurrieta200509/24/2026443,8088,276$745,900$760,000$2001.024852
Total: 5 · Average4.43.43,4729,844.4$853,200$853,200$249.2—64
Median3,520$806,000$806,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.