This listing is no longer active
This page is kept for reference. Browse active listings →
16757 Old Guejito Grade Road
DEscondido, CA 92027
Soft Appraisal Value: $15,079,100 · 12.7% above estimate
Beds
15
Baths
12.5
Sqft
16,000
Year Built
1925
Days on Market
109
Property Type
Single Family
HOA/mo
N/A
MLS ID
260002232SD
This property is in Escondido (92027). View neighborhood stats →
About This Property
World Famous Melrose Ranch - 115 Acres, originally built by Lord Somerville to entertain the Great Britain Royal Family, including King Edward VII, also used for filming of movie "Uncertain Glory" starring Errol Flynn in 1944. The ranch is amazingly restored. Stunning landscaping, main house is 6500 sq ft, 5 bedrooms, 3.5 bathrooms, with estate grounds along with greenhouse pool and private yard area, 16000 sq ft barn for horses and livestock, 8000 sq ft shop, 5 more houses on the ranch (all currently leased for additional income), 6 wells on property with 40,000 gal. collective tank, orchards, Texas longhorn cattle and more. This ranch is an opportunity of a lifetime.
Mortgage Calculator
Est. Monthly Payment
$107,920
Location
Loading map...
Comparable Properties
1 comp foundThis Property
$6,650
Comp Average
$6,875
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Get Expert AnalysisOpen Full Calculator