Discover a truly rare opportunity with this expansive 40-acre ranch estate, ideally zoned Rural Residential (RR) and located in the heart of Murrieta’s prestigious Westside. Just minutes from I-15 and I-215 and a short drive to the renowned Temecula Valley Wine Country—an area that welcomes over 3 million visitors annually—this turnkey property comes with a fully approved Conditional Use Permit (CUP) for weddings and events, one of only four such legal entitlements within Murrieta city limits. This unique authorization offers built-in scarcity value and long-term protection of use in an otherwise tightly restricted market. The property boasts approximately 15,000 square feet of residential space across five separate structures, including a stunning ±7,276 SF main residence and four additional homes. These residences present exceptional potential for income generation, short-term rentals, or boutique lodging, while also accommodating extended family or retreat guests. Complementing the residential accommodations is an established wedding and event venue featuring a ±2,300 SF banquet/gallery hall, separate bride and groom suites, and breathtaking outdoor ceremony spaces enhanced by mature trees, lush landscaping, and a tranquil 1/3-acre pond with a fountain. This ranch supports a diversified business model with multiple revenue streams already in operation. Projected net income exceeds $500,000 annually, including over $250,000 from weddings and events, $150,000+ from residential rentals and B&B stays, and $100,000+ from agri-tourism activities such as farm animal tours and experiential farm events. The sale includes all farm animals, reinforcing the property’s turnkey agri-tourism appeal and enabling immediate continuation of tours, animal encounters, and livestock-based income. Current ventures also include branded souvenir sales, Angus steer offerings, and the potential for expansion into vacation rentals or a boutique hospitality destination. With a robust 3,000+ person marketing database, the property is primed for direct-to-consumer promotion of events, agri-tourism experiences, and farm products. Infrastructure is equally impressive: two water wells, multiple septic systems, full ranch equipment inventory, three modern 5th wheel RV trailers, an alpaca trailer, and premium storage solutions including a detached five-car garage and a 60’ x 25’+ RV garage. Horse enthusiasts will appreciate the 5/8-mile horse racing track, ideal for boarding, training, or future equestrian event hosting. This multi-functional estate is perfectly suited for a wide range of uses, from a family compound or multi-generational residence to a boutique hospitality destination. With flexible RR zoning that allows for commercial, agricultural, hospitality, and recreational applications, this one-of-a-kind ranch offers a secure, income-producing investment with tremendous upside potential.