42149 Elm ST Murrieta, CA 92562
13 Beds
14 Baths
13,500 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 13,500 sqft
Price per Sqft $851
MLS Listing ID SW25120556
Bedrooms 13
Full Baths 14
HOA Y/N No
Year Built 2002
Lot Size 40.000 Acres
Property Sub-Type Mixed Use
Property Description
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
Area Srcar - Southwest Riverside County
Zoning A120
Rooms
Main Level Bedrooms 2
Interior
Interior Features Entrance Foyer, Main Level Primary
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Fireplace Yes
Laundry Laundry Room
Exterior
Garage Spaces 12.0
Garage Description 12.0
Pool Private
Community Features Fishing
View Y/N Yes
View Mountain(s)
Attached Garage Yes
Total Parking Spaces 12
Private Pool Yes
Building
Lot Description Horse Property, Lawn, Landscaped, Pasture, Ranch, Trees
Dwelling Type Mixed Use
Story 2
Entry Level Two
Sewer Septic Tank
Water Well
Level or Stories Two
New Construction No
Schools
School District Murrieta
Others
Senior Community No
Tax ID 909100007
Acceptable Financing Cash to New Loan
Horse Property Yes
Listing Terms Cash to New Loan
Special Listing Condition Standard
