
Menifee, California 92587
This Dual-Lot Residential Property is a Value-Driven Asset, listed at $379,000—positioned well below the $385,909 Fair Market Value by 1%. This valuation gap provides $6,909 in Instant Equity. Boasting a Condition Rating of 3, the interior features new luxury vinyl plank flooring and fresh paint. The massive lot includes two separate APNs, offering exceptional expansion potential and mountain views. Situated near Quail Valley Elementary (Rating 7) and Paloma Valley High (Rating 7), this is a versatile asset for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23930 Elsinore Lane Subject | $379,000* List Price | 3 | 1 | 840 | $459 | - |
A 23755 Goetz Drive Sold | $385,000 | 3 | 1 | 840 | $458 | 0.2 mi |
B 28296 Oregon Place Sold | $400,000 | 3 | 1 | 1,050 | $381 | 0.6 mi |
C 23821 Norma Drive Sold | $430,000 | 3 | 2 | 1,030 | $417 | 0.5 mi |
D 23968 Goetz Drive Sold | $450,000 | 3 | 1 | 816 | $551 | 0.1 mi |
E 23545 Norma Active | $379,000 List Price | 2 | 1 | 887 | $427 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic updates, including brand-new luxury vinyl plank flooring and fresh interior paint throughout. While the home was built in 1984, these updates provide a clean and modern aesthetic that eliminates immediate needs for renovation, meeting the criteria for a well-maintained, turnkey residence.
The inclusion of two separate APNs and addresses (23930 and 23926 Elsinore Ln) provides exceptional value, offering rare flexibility for future development, expansion, or investment upside.
The home features brand-new luxury vinyl plank flooring and fresh interior paint throughout, creating a modern, clean, and move-in-ready aesthetic for the new owner.
Situated on a massive lot, the property offers endless space for RV parking, recreational toys, and private outdoor entertaining, perfectly blending country privacy with city convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At only 840 square feet for a three-bedroom configuration, the interior living areas are notably compact, which may pose functional challenges for larger families.
The property features only one bathroom to serve three bedrooms, a ratio that can be a significant drawback for multi-occupant households and may impact daily convenience.
Country living just minutes from the city! Situated on a massive lot with two separate addresses and APNs (including 23926 Elsinore Ln – APN 350-103-031). Both lots are included in the price!! This rare opportunity offers flexibility, expansion potential, or future investment upside. The home features brand-new luxury vinyl plank flooring and fresh interior paint throughout, creating a clean, modern feel. Enjoy a large, sunny backyard with endless space for entertaining, parking, RVs, toys, or simply relaxing in your own private retreat. A unique blend of space, privacy, and convenience — properties like this rarely come available.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 4.6 mi
Grades 6-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.5 | 2% |
| Square foot | 840 | 2,205.5 | 1% |
| Lot Size | - | 7,841 | 3% |
| Price | $379.0K | $685.0K | 2% |
| Price per sq ft | $451 | $349 | 84% |
| Built year | 1984 | 1986 | 41% |
| HOA | $0 | $350 | 16% |
| Days on market | 50 | 189 | 2% |
Mar 3, 2026
$379,000
Initial Listing
Nov 30, 2005
$241,000
Public Record