0 Paseo Chico
Murrieta, CA, 92562 $ 750,000
Baths0.0 Monthly Estimate*
$ 4,618
Listed by Harcourts Signature Properties
Studio for $750,000. The lot size is 39.97.
Discover a rare opportunity to own 40 breathtaking acres overlooking the Santa Rosa Plateau Ecological Reserve and the rolling valleys of Murrieta and Temecula. Perfectly positioned near the entrance of the prestigious La Cresta community, this extraordinary parcel offers the exclusivity and luxury atmosphere of La Cresta Highlands without the burden of HOA fees or monthly dues, while still benefiting from established community guidelines that help preserve the area’s beauty, privacy, and long-term value. Surrounded by stunning multi-million dollar estates, this expansive property presents an exceptional opportunity for developers, investors, or visionary buyers seeking one of the few remaining large-scale land holdings in this highly desirable luxury corridor. Zoned R-A-10, the parcel offers the potential to subdivide into four separate lots, creating significant future upside and flexibility for a variety of development possibilities. Set along a private paved road with additional frontage extending to Clinton Keith Road, the property showcases dramatic rolling hills, scenic ravines, elevated view areas, and untouched natural landscape that blend seamlessly into the valley below. The combination of scale, topography, accessibility, and panoramic views creates an extraordinary canvas for future vision and development. Despite its peaceful and private setting, the property is conveniently located just minutes from Interstate 15, shopping, dining, schools, and Bear Creek Golf Club. Outdoor enthusiasts will appreciate the close proximity to the Santa Rosa Plateau Ecological Reserve, offering miles of preserved open space, hiking, horseback riding, and scenic trails. Large acreage parcels with this level of location, accessibility, privacy, and long-term potential rarely come to market. A truly exceptional opportunity in one of Southern California’s most sought-after luxury land communities.
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FeaturesGeneralSewer None
Utilities Cable Available Electricity Available Phone Available Water Available Sewer Not Available
Zoning R-10-A
HOA Fee 0
View Bluff City Lights Canyon Park/Greenbelt Golf Course Hills Rocks Valley Trees/Woods
Current Use Unimproved
Community Features Biking Foothills Golf Hiking Horse Trails Mountainous Preserve/Public Land Rural Ravine Park
County Riverside
New Construction false
Property Type Land
HOA false
Possible Use Agricultural Horses Residential
Special Listing Conditions Standard
Status Active
Directions Exit 15 Fwy on Clinton Keith Rd - West to Avenida La Cresta continue on Avenida La Cresta on the right to Via Entrada then a left to Pso Chaparro and finally a right onto Paseo Chico. The property is after the first bend in the road.
City Murrieta
Senior Community Y/N false
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 1741093
Listing Terms Cash to New Loan
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
Tax Lot 6
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ExteriorLot Features 36-40 Units/Acre Bluff Near Park Paved
Water Source Other
Lot Size Area 1741093
Lot Size Acres 39.97
Lot Size Source Assessor
Horse Amenities Riding Trail
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* Excluded FeaturesList ByHarcourts Signature PropertiesBroker
kyle.babakhanian@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,618
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Murrieta, CA
Average List Price $1,006,327
Percent of Sale Price 34%
About Murrieta, CA 115,811 Population
128% Since 2002
$ 76,942 Median Income
35.02 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/23/2026 | $750,000 | | Listed Price |