42149 Elm St, Murrieta, CA 92562 | For Sale

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For Sale $11,500,000 ($851.85 per Sq Ft)

$11,500,000 ($851.85 per Sq Ft)
  • (0)
  • 5 Units
  • 13,500 Sq Ft
  • 1,742,400 Sq Ft
  • Unknown Cap Rate

Description

Welcome to Hawk Ranch – a truly exceptional 40-acre ranch estate and turnkey event venue located on Murrieta’s prestigious westside. Zoned Rural Residential (RR) with a fully approved Minor Conditional Use Permit (MCUP) for weddings and events, this rare property blends luxury living, thriving agri-tourism businesses, and substantial income opportunities. Just minutes from I-15, I-215, and the renowned Temecula Valley Wine Country, Hawk Ranch offers privacy, scale, and accessibility in one of Southern California’s most sought-after rural communities.



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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $11,500,000
Property Type Flex Space
Usable Sqft 13,500
Number of Stories 2 stories
Parking Spots 12 spots
Year Built 2002
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 909100007
MLS # SW25120556
Property ID 321844728
Lot Sqft 1,742,400
Zoning A120
Total Units 5
Days on Market 26
Original List Price $11,500,000
Date Updated June 03, 2025
Date Created May 29, 2025

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Terri Delhamer an agent of GRE Land & Commercial RE. Lic #01007118


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 03, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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