42149 Elm Street
Murrieta, CA, 92562
$11,500,000
13 Beds
14 Baths
13,500 SqFt
40 Acres
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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&#38'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.
LISTING AGENT: Terri Delhamer
LISTING BROKERAGE: GRE Land & Commercial RE
42149 Elm Street
Murrieta, CA

Property Details

Price:
$11,500,000
MLS #:
SW25120556
Status:
Active
Beds:
13
Baths:
14
Address:
42149 Elm Street
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
srcarsouthwestriversidecounty
City:
Murrieta
Listed Date:
May 29, 2025
State:
CA
Finished Sq Ft:
13,500
ZIP:
92562
Lot Size:
1,742,400 sqft / 40.00 acres (approx)
Year Built:
2002
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Schools

School District:
Murrieta

Interior

Cooling
Central Air
Fireplace Features
Living Room
Heating
Central

Exterior

Community Features
Fishing
Garage Spaces
12.00
Lot Features
Horse Property Improved, Landscaped, Lawn, Pasture, Ranch, Treed Lot
Parking Spots
12.00
Pool Features
Private
Sewer
Conventional Septic
Stories Total
2
View
Mountain(s)
Water Source
Well

Financial

Association Fee
0.00

Map

Community

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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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