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This remarkable property carries a unique piece of history, having been formerly owned by Ronald and Nancy Reagan, and is being offered for sale for the 1st time in almost 2 decades. Visit to discover the potential of this expansive 4.35-acre lot, perfectly situated in the serene and highly sought-after Tenaja area of Southwest Riverside County. Located in a tranquil, residential acreage zone (R-A-5), this parcel offers a unique opportunity to create your dream estate or invest in a promising piece of land within a prestigious community. In person, you will notice the true beauty of this pristine land, adorned with majestic oak trees and lush meadows. Located just beyond the renowned Polo Grounds, this exceptional property features a seasonal stream that meanders through the landscape, creating an idyllic setting for equestrian enthusiasts. The property is well-equipped with a past successful perc test, an existing well, and close access to all other utilities. It fronts a paved street with no road bonds, ensuring easy access and convenience. With multiple potential homesites available, this land offers flexibility for building your dream estate. With its proximity to the highly rated Murrieta Valley Unified School District and a median home value exceeding $1.2 million, this property presents an excellent investment in a rapidly appreciating area. Whether you're seeking a premier horse property or a serene retreat, this land presents endless possibilities.
Listing agent: Cale Thomas DRE #01248699 cthomas@calethomas.net, Listing office: Elite Properties Direct
MLS data updated 10/25/2026, 7:05:08 AM PT
Source: CRMLS, MLS #: SW24172636
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 26, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$335,000Closed sale · Sep 26, 2024ZIP 92596 · Sep 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.