23930 Elsinore Lane, Menifee, California 92587, Menifee, 92587 - 3 bed, 1 bath
23930 Elsinore Lane
Menifee, California 92587
Property Price
SUMMARY
Analysis of 23930 Elsinore Lane, Menifee, California 92587 reveals a Fairly Priced Property with a current list price of $379,000 aligned with the estimated $385,908 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Menifee Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Lot Investment Potential
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.
- Turnkey Interior Upgrades
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.
- Expansive Outdoor Utility
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Restrictive Living Space
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.
- Limited Bathroom Facilities
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.
About 23930 Elsinore Lane
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), 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Menifee Unified Schools
Quail Valley Elementary School
Grades K-5 • 0.7 mi
Earl Warren Elementary School
Grades K-5 • 4.6 mi
Hans Christensen Middle School
Grades 6-8 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 3.0 | 4% |
| Square foot | 840 | 2,198 | 3% |
| Lot Size | - | 8,276 | 2% |
| Price | $379.0K | $685.0K | 1% |
| Price per sq ft | $451 | $349 | 84% |
| Built year | 1984 | 1987 | 39% |
| HOA | $0 | $350 | 12% |
| Days on market | 4 | 189 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$379,000
Initial Listing
Sold
Nov 30, 2005
$241,000
Public Record