
Menifee, California 92587
This Renovated Single-Story Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $655,814 Fair Market Value by 8%. This valuation gap provides $56,814 in Instant Equity for a home with a Mint Condition Rating. The property features a private pool and spa, paid-off solar panels, and an expansive 14,810 sqft lot with ADU potential and RV parking. Located one block from Canyon Lake with No HOA, it offers a premium lifestyle in the Menifee Union district. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23735 Vista Way Subject | $599,000* List Price | 4 | 2 | 2,000 | $328 | - |
A 23678 Cheyenne Canyon Drive Sold | $579,000 | 4 | 3 | 2,233 | $259 | 0.4 mi |
B 23429 Cheyenne Canyon Drive Sold | $565,000 | 3 | 2 | 1,617 | $349 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) including a brand new roof, new HVAC system, new dual-pane windows, and new pool equipment. The interior is fully updated with a modern kitchen featuring new stainless appliances, updated bathrooms with modern finishes, and contemporary flooring throughout, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 2000.
The property features significant high-value improvements including a brand-new roof, new HVAC system, dual-pane windows, and fully paid-off solar panels, minimizing immediate capital expenditures for the buyer.
The oversized 14,810 sqft flat lot provides rare flexibility, offering a private pool and spa, dedicated RV parking, and ample space for a potential Accessory Dwelling Unit (ADU).
The property was recently sold within the past year on 2026-03-05. The sold price is $450,000.00.
While the interior is beautifully renovated, the 1977 original construction may still harbor older plumbing or electrical components behind the walls that do not meet modern building standards.
The 1970s single-story footprint may lack the high ceilings and voluminous open-concept layouts found in the newer master-planned developments prevalent throughout the Menifee area.
The kind of home you pull into… pause for a second… and think, this feels right. Set on a generous lot just one block from Canyon Lake, this beautifully renovated 4-bedroom, 2-bathroom single-story home offers a rare balance of space, comfort, and lifestyle that’s becoming harder to find. The moment you arrive, the wide circular driveway immediately stands out—creating a sense of openness and ease, with additional RV parking for flexibility. It’s not just convenient, it sets the tone for how this home lives. Step inside and the space opens up naturally. Light fills the living areas, giving the home a bright, calm energy that feels both relaxed and inviting. The layout flows effortlessly between living, dining, and kitchen spaces—perfect for everyday living or gathering with friends and family. At the center, the kitchen is clean, functional, and connected—designed so you’re always part of the moment. Just beyond, a bonus room adds flexibility for a home office, second living space, or whatever life calls for next. The primary suite offers its own private retreat, complete with a walk-in closet and direct views of the pool—bringing a sense of calm and connection to the outdoors. Three additional bedrooms provide comfort and versatility for family, guests, or workspace. Both bathrooms have been thoughtfully updated with modern finishes, and the home is filled with meaningful upgrades including new windows, a brand new garage door with smart opener, and a fully renovated interior—making this home truly move-in ready. Step outside and you’ll understand what makes this property special. Sitting on an expansive 14,800 sqft flat lot, ideal for a potential ADU. The backyard centers around a pool and spa—your own private space to unwind, entertain, and enjoy Southern California living. With new pool equipment, new HVAC system, new dual pane windows, brand new roof, new fencing, and paid-off solar panels, the major improvements have already been taken care of. And then there’s the location. Being just one block from Canyon Lake places, But here, you get the best part of it - No HOA. No restrictions. Just proximity to everything Canyon Lake offers, with the freedom to live your own way. With easy access to shopping, dining, and commuter routes, this home brings together space, upgrades, and location in a way that simply feels complete. Not just a house you walk into— but one that feels like you’ve been looking for it all along.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 62% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,000 | 2,198 | 39% |
| Lot Size | 14,810 | 7,841 | 92% |
| Price | $599.0K | $685.0K | 25% |
| Price per sq ft | $300 | $349 | 26% |
| Built year | 1977 | 1986 | 18% |
| HOA | $0 | $350 | 16% |
| Days on market | 0 | 190 | 1% |
Apr 20, 2026
$599,000
Initial Listing
Mar 5, 2026
$450,000
Public Record
Jun 16, 2014
$247,000
Public Record
Mar 14, 2008
$205,000
Public Record
Jan 31, 2002
$168,000
Public Record