23991 Vista Way, Menifee, California 92587, Menifee, 92587 - 3 bed, 1 bath
23991 Vista Way
Menifee, California 92587
Property Price
SUMMARY
Analysis of 23991 Vista Way, Menifee, California 92587 reveals a property with a current list price of $499,500, which is 7% above the estimated $463,811 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 23991 Vista Way Subject | $499,500* List Price | 3 | 1 | 888 | $522 | - |
A 23201 Sprungle Circle Sold | $433,000 | 2 | 1 | 896 | $483 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1975, this manufactured home shows its age with largely dated interiors. The kitchen features older cabinetry and an outdated range, though a newer stainless steel refrigerator is present. The bathroom has received some basic updates, but the overall style, including older carpeting and light fixtures, indicates the property has not undergone a major renovation in several decades. It is functional but requires significant cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 10454, living area = 888.
- Desirable Location
The property boasts a great location with convenient proximity to schools and shopping, enhancing daily convenience and potential future appreciation.
- Spacious & Usable Lot
Featuring an all-flat, fully fenced 10,454 sqft lot, the property offers ample private outdoor space for various activities, pets, or potential expansion.
CONSRISKS & DEFICIENCIES
- Manufactured Home Classification
Despite having a permanent foundation, the property's classification as a manufactured home may influence buyer perception, appraisal, and certain financing options compared to traditional stick-built residences.
- Limited Bathroom Facilities
With only one bathroom serving three bedrooms, the property may present practical challenges and inconvenience for multiple occupants or a family.
- Compact Interior Space
The 888 sqft living area for a 3-bedroom layout is relatively small, which could be a constraint for buyers seeking more spacious accommodations or entertaining areas.
About 23991 Vista Way
Great location close to schools and shopping. All flat fully fenced property with manufactured home with 433 permanent foundation and 2 car garage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 10,454 Sq. Ft.
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
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 | 888 | 2,198 | 3% |
| Lot Size | 10,454 | 8,276 | 82% |
| Price | $499.5K | $685.0K | 9% |
| Price per sq ft | $562 | $349 | 94% |
| Built year | 1975 | 1987 | 11% |
| HOA | $0 | $350 | 12% |
| Days on market | 416 | 190 | 0% |
Pricing History
Listed for Sale
Dec 29, 2025
$499,500
$599,500
-17% Price Drop
Initial Listing
Price Change
Nov 10, 2025
$599,500
$699,500
-14% Price Drop
Initial Listing
Price Change
Jan 15, 2025
$699,500
Initial Listing