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23561 Casa Bonita, Menifee, California 92587, Menifee, 92587 - 3 bed, 2 bath

23561 Casa Bonita, Menifee, California 92587 home-pic-0
ACTIVE UNDER CONTRACT$524,000$1,248/sqft
Est. Value: $475,148
-9%
AboveEstimate
23561 Casa Bonita, Menifee, California 92587
3Beds
2Baths
1,248Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($475,147.93) is $48,852.07 (9%) lower than the list price ($524,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1248.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-05-19. The sold price is $400,000.00.

Compared to the nearby listings

Price:$524.0K vs avg $680.0K ($-156,000)11%
Size:1,248 sqft vs avg 2,174 sqft9%
Price/sqft:$420 vs avg $34878%

More Insights

Built in 1981 (45 years old).
Condition: Despite being built in 1981, this property has undergone a comprehensive and recent renovation. The description explicitly states 'beautifully renovated' with a 'brand-new kitchen' featuring Calcutta marble, soft-close cabinetry, gold hardware, and new stainless steel appliances. The bathrooms are 'spa-inspired' with modern gold fixtures. All-new dual-pane windows, new interior/exterior doors, new wood-look vinyl flooring, fresh paint, and a new central AC system further confirm an extensive update. The images support these claims, showing virtually new components and modern finishes throughout, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
1981
Close
-
List price
$524K
Original List price
$489K
Price/Sqft
$420
HOA
-
Days on market
-
Sold On
-
MLS number
IV26000558
Home ConditionExcellent
Features
Deck
View-

About this home

Beautifully renovated 3-bedroom, 2-bath home in the desirable Quail Valley community, conveniently located minutes from the 15 and 215 freeways, shopping, Lake Elsinore, and Canyon Lake, featuring an open floor plan with wood-look vinyl flooring, fresh paint, an inviting living area anchored by an elegant corner brick fireplace, a brand-new kitchen with Calcutta marble countertops, soft-close cabinetry, elegant gold hardware, stainless steel dishwasher, stainless steel electric range, and a stainless steel deep sink with matching faucet, two secondary bedrooms plus a private primary suite with designer bath and sliding glass door to the backyard, seamless indoor-outdoor living with an additional sliding door from the living area, all-new dual-pane windows, new interior doors, new front and garage doors, a new central AC system, spa-inspired bathrooms with modern gold fixtures, a spacious backyard with deck ideal for entertaining, a 2-car garage, and a non-permitted bonus room (19.5’ x 9.5’) with double-entry doors perfect for an office, gym, or playroom. This home is move-in ready, and waiting for it's new family. Definitely a must-see!

L
LILIA OLIVO
Listing Agent

Price History

Date
Event
Price
05/19/25
Sold
$400,000
Condition Rating
Excellent
Despite being built in 1981, this property has undergone a comprehensive and recent renovation. The description explicitly states 'beautifully renovated' with a 'brand-new kitchen' featuring Calcutta marble, soft-close cabinetry, gold hardware, and new stainless steel appliances. The bathrooms are 'spa-inspired' with modern gold fixtures. All-new dual-pane windows, new interior/exterior doors, new wood-look vinyl flooring, fresh paint, and a new central AC system further confirm an extensive update. The images support these claims, showing virtually new components and modern finishes throughout, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1248.
Comprehensive Renovation: The property has undergone a beautiful and extensive renovation, including new flooring, paint, dual-pane windows, interior/exterior doors, and a new central AC system, ensuring a modern and comfortable living experience.
Brand New Gourmet Kitchen: Features a completely new kitchen equipped with Calcutta marble countertops, soft-close cabinetry, elegant gold hardware, and new stainless steel appliances, offering a high-end culinary space.
Prime Location & Accessibility: Situated in the desirable Quail Valley community, providing convenient access to the 15 and 215 freeways, shopping centers, Lake Elsinore, and Canyon Lake.
Move-in Ready Condition: With all major updates and cosmetic enhancements completed, the home is truly move-in ready, minimizing immediate expenses and effort for new owners.
Enhanced Indoor-Outdoor Living: Offers seamless indoor-outdoor flow with multiple sliding doors leading to a spacious backyard featuring a deck, ideal for entertaining and relaxation.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-05-19. The sold price is $400,000.00.
Non-Permitted Bonus Room: The presence of a non-permitted bonus room (19.5’ x 9.5’) could pose challenges with financing, insurance, and future resale, requiring potential buyers to consider remediation or legalization.
Absence of Scenic Views: The property does not offer any notable scenic views, which might be a consideration for buyers prioritizing specific vistas.
Recent Price Increase: The listing price has recently increased from $489,000 to $524,000, which could impact buyer perception or suggest a potentially aggressive pricing strategy in the current market.
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