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16757 Old Guejito Grade Rd, Escondido, CA, 92027

15beds
13baths
16,000sqft
$17,000,000
$1,063price/sqft
$102,720/moest. monthly cost
$4,108,800/yrincome needed

About This Home

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.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
0
BikeNot Bike Friendly

Schools

5/10
Valley Center ElementaryGrades 3-55.9 mi
2/10
5/10
Valley Center HighGrades 9-128.7 mi

Construction

Condition

  • Property condition: Turnkey
  • Year built: 1925

Materials

  • Roof: Composition,Tile/Clay
  • Construction materials: Stucco,Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mediterranean/Spanish
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Refrigerator,Propane Stove,Barbecue,Counter Top,Propane
  • Laundry features: Gas & Electric Dryer HU

Bedrooms & Bathrooms

  • Bedrooms: 15
  • Bathrooms: 13
  • Full bathrooms: 12
  • 1/2 bathrooms: 1

Features

  • Coffered Ceiling(s),Kitchen Island,Open Floor Plan
  • Flooring: Carpet,Tile
  • Number of fireplaces: 2
  • Fireplace features: FP in Family Room,FP in Living Room

Heating & Cooling

  • Heating features: Forced Air Unit
  • Cooling features: Central Forced Air

Interior Area

  • Total structure area: 16,000
  • Total interior livable area: 16,000 sqft

Property

Details

  • Parcel number: 24006026 24006025
  • Zoning: ranch
  • Zoning description: ranch

Features

  • Levels: 2 Story
  • Pool features: Private,No Permits
  • Has spa: Yes
  • Fencing: Cross Fencing,Partial,Split Rail
  • Has view: Yes
  • View description: Panoramic,Valley/Canyon,Pasture

Lot

  • Lot size: 115 Acres

Parking

  • Total spaces: 26
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Earthquake
Heat Wave
Landslide

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $85,961$1,031,532
Home Insurance *$3,838$46,056
Property Taxes $9,491$113,892
Electricity $3,430$41,171
Total$102,720$1,232,640
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$3,521,828/yr
40% on housing$3,081,600/yr
45% on housing$2,739,200/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,063This listing

vs Other Active Listings

Avg $/sqft

ZIP 92027$398
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 92027$487
San Diego County$576

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-01-11Price change$17,000,000
2024-09-12Price change$20,000,000
2024-04-02Listed for sale$25,000,000
2020-02-15Listing removed$4,000
2019-10-25Price change$4,000
2018-04-25Price change$4,800
2018-03-03Price change$5,800
2018-02-17Listed for rent$5,900
2018-01-07Listing removed$3,700
2017-11-30Listed for rent$3,700

For Sale by Agent

AgentPatrick Knapp
BrokerageRealty Source Incorporated

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