42149 Elm Street, Murrieta, CA 92562

$11,500,000

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.… Read More 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. Read Less

Listing Snapshot

Days Online

Last Updated

Aug 21, 2025

Property Type

Mixed Use

Beds

Full Baths

Square Ft.

13,500

Lot Size

40 Acres

Year Built

2002

MLS Number

SW25120556

30 Days Snapshot Of 92562

$719k

-11%

(avg) sold price

homes sold

+16%

(avg) days on market

Snapshot

Area Map

Additional Details

Building

Built in 2002, Levels: Two, Living area: 13500, 2 stories, Common walls: NoCommonWalls

Community

Fishing

Cooling

CentralAir

Fireplaces

LivingRoom

Garage

12 spaces

Heating

Central

Interior Features

EntranceFoyer, MainLevelPrimary

Laundry

LaundryRoom

Lot

40 acres, 1,742,400 square feet, Size: 1,742,400, HorseProperty, Lawn, Landscaped, Pasture, Ranch, Trees

Parking

12 totals parking

Pool

Private

Property

Zoning: A120, Mountains

Sewer

SepticTank

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42149 Elm Street

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