23717 Cheyenne Canyon, Menifee, California 92587, Menifee, 92587 - 3 bed, 2 bath
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Menifee, California 92587
This Upgraded Turnkey Residence is a Strong Value Opportunity, listed at $585,000—positioned well below the $610,156 Fair Market Value by 4%. This valuation gap provides $25,156 in Instant Equity for incoming buyers. Boasting a Condition Rating of 2, the home features a remodeled granite kitchen, newer roof and HVAC, and a unique climate-controlled outdoor shed. With panoramic city views and proximity to top-rated schools like Quail Valley Elementary, this property balances financial upside with premium lifestyle perks. It is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23717 Cheyenne Canyon Subject | $574,900* List Price | 3 | 2 | 1,617 | $362 | - |
A 23429 Cheyenne Canyon Drive Sold | $565,000 | 3 | 2 | 1,617 | $349 | 0.3 mi |
B 29566 La Cresta Drive Sold | $475,000 | 3 | 2 | 1,500 | $317 | 0.2 mi |
C 29179 Escalante Rd Sold | $550,000 | 3 | 2 | 1,617 | $340 | 0.4 mi |
D 23561 Casa Bonita Sold | $524,000 | 3 | 2 | 1,248 | $420 | 0.3 mi |
E 23619 Cutter Drive Sold | $600,000 | 3 | 2 | 1,464 | $410 | 0.5 mi |
F 23522 Cheyenne Canyon Active | $575,000 List Price | 4 | 2 | 1,785 | $322 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2005, the home has undergone a comprehensive renovation within the last few years. It features a fully remodeled kitchen with granite and stainless steel, updated bathrooms with a brand-new primary shower, and major system replacements including a newer roof, AC unit, and water heater, placing it in mint, turnkey condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1617.
The property is in move-in condition with significant recent capital improvements, including a newer roof, AC unit, and water heater, alongside a fully remodeled kitchen with granite countertops and stainless steel appliances.
The home features a low-maintenance backyard with synthetic turf and panoramic city and mountain views, plus a unique powered and climate-controlled outdoor shed ideal for a home office or workshop.
While the elementary and high schools are highly rated, the assigned middle school has a significantly lower rating of 2, which may be a concern for families prioritizing academic performance.
At 1,617 square feet, the interior living space may feel restrictive for larger families or those requiring additional flex rooms beyond the three standard bedrooms.
Beautifully upgraded single-story home located in the highly desirable Canyon Heights community—perfect for first-time buyers or anyone seeking turnkey living! This 3-bedroom, 2-bathroom home offers 1,617 sq ft of thoughtfully updated space with exceptional curb appeal and an extended driveway providing ample parking for multiple vehicles. Step inside to find gorgeous wood flooring throughout the main living areas, complemented by fresh, light, and airy interior paint and plantation shutters throughout the entire home. The fully remodeled kitchen is a standout feature, showcasing stunning granite countertops, white cabinetry, and stainless steel appliances—perfect for both everyday living and entertaining. All bedrooms feature newer upgraded carpet, ceiling fans, and shutters, creating a comfortable and cohesive feel throughout. Both bathrooms have been tastefully updated with matching granite countertops, white cabinets, and wood-look tile flooring, while the primary suite boasts a brand-new walk-in shower with custom tile finishes. Major system upgrades provide peace of mind, including a newer roof, AC unit, and water heater—all replaced within the last few years. Enjoy a low-maintenance backyard with turf and a scenic city view, ideal for relaxing or entertaining. An added bonus is the outdoor shed equipped with electricity and its own AC unit, offering flexible space for a workshop, office, or storage. All of this with extremely low property taxes, making this home an incredible value. Don’t miss this move-in ready opportunity
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 4.1 mi
Grades 7-8 • 4.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,617 | 2,189 | 26% |
| Lot Size | 8,276 | 8,276 | 50% |
| Price | $574.9K | $692.0K | 21% |
| Price per sq ft | $356 | $348 | 54% |
| Built year | 2005 | 1986 | 84% |
| HOA | $103.0 | $350 | 25% |
| Days on market | 43 | 152 | 4% |
Jun 2, 2026
$574,900
$585,000
-2% Price Drop
Initial Listing
Apr 24, 2026
$585,000
Initial Listing
Aug 19, 2022
$500,000
Public Record
Jul 13, 2020
$380,000
Public Record
May 9, 2018
$345,000
Public Record
Jun 10, 2011
$170,000
Public Record
Jul 15, 2005
$257,500
Public Record