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Mark Twain once said "Buy Land, they aren't making any more of it"! This is an amazing offering, over 22 +/- acres of all usable land with stunning views, ocean breezes in the afternoon and just up the street from the center of town with shopping, services and schools within a mile! Location, Location, Location! The property was part of the famed Murrieta Stud Thoroughbred Ranch and the owners have saved the best parcel for last to offer to the market. So many wonderful options for residential development in this scenic location embraced by the surrounding mountains and National Forest to the West, Snow capped mountains to the North and 180 degree City Lights View to the East. This is the "High Rent District" as he property is surrounded by high end custom homes and estates, and next to the City owned Equestrian Park. The property was previously approved for 12 lots but rumor has it that the City would possibly approve smaller lot sizes. The parcel has valuable street frontage on Hayes and Ivy with utilities in the street. The setting would also make an impressive private estate with a gentle knoll to build your dream home upon, add collector car garages, barns and arenas for your equestrian pursuits, work shops, sports courts and gardens. Possible event center for Horse Shows, check with the City of Murrieta to see if your dream development would be a good fit for this once in a lifetime opportunity. See Supplements for previous Master Development Plan.
Listing agent: GENI ADDICOTT DRE #01351381 geniaddicott@aol.com, Listing office: Coldwell Banker Top Team
MLS data updated 10/24/2026, 2:21:16 PM PT
Source: CRMLS, MLS #: TR21046790
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 6, 2022
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
$2,000,000Closed sale · Apr 6, 2022ZIP 92562 · Apr 2022
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.