24287 Insignia Drive, Menifee, California 92584, Menifee, 92584 - 4 bed, 3 bath
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Menifee, California 92584
This property presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well below the $624,114 Fair Market Value by 3%. This valuation gap offers $24,114 in Instant Equity for buyers. Featuring a Good Condition Rating, this 2021 build includes a Granite Kitchen and Solar Panels. While requiring TLC, the location in Audie Murphy Ranch offers resort-style amenities and proximity to Kathryn Newport Middle School. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24287 Insignia Drive Subject | $600,000* List Price | 4 | 3 | 2,734 | $228 | - |
A 30222 Old Corral Sold | $695,000 | 4 | 3 | 2,686 | $259 | 0.5 mi |
B 24406 Montgomery Way Sold | $735,000 | 5 | 4 | 3,126 | $235 | 0.2 mi |
C 24334 Fair Oaks Court Sold | $665,000 | 4 | 3 | 2,461 | $270 | 0.1 mi |
D 24296 Insignia Sold | $688,000 | 5 | 3 | 2,898 | $237 | 0.0 mi |
E 24320 Insignia Sold | $765,000 | 5 | 3 | 2,898 | $264 | 0.1 mi |
F 30097 Big Country Sold | $700,000 | 5 | 4 | 3,126 | $224 | 0.4 mi |
G 24465 Arroyo Dr. Sold | $670,000 | 4 | 3 | 2,610 | $257 | 0.3 mi |
H 30154 Old Mill Road Active | $735,000 List Price | 5 | 3 | 2,686 | $274 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2021, the property is less than 10 years old and features a modern kitchen with granite and stainless steel. While its age suggests an Excellent rating, the listing's 'Investor Special' and 'TLC' descriptors indicate it is not in mint condition and requires maintenance, aligning it with the Good category.
Situated in the highly desirable Audie Murphy Ranch, the property offers access to resort-style amenities, top-rated schools, and extensive community parks within walking distance.
Built in 2021, this 2,734 sqft home features a sought-after floor plan with a downstairs bedroom and full bath, a spacious loft, and energy-efficient solar panels.
Priced below market value as an 'Investor Special,' this property provides a rare opportunity to build instant equity through cosmetic improvements and TLC.
The home is explicitly noted as needing significant TLC, which will require an immediate upfront investment of capital and time to restore its value.
Marketed as an 'Investor Special' in need of repair, the property may face hurdles with traditional financing, potentially limiting the buyer pool to cash or specialized loan products.
Investor Special in the highly desirable community of Audie Murphy Ranch, in Menifee! Don't miss this exceptional opportunity to transform a sought after floor-plan into a standout investment. Priced below market and in need of TLC, this 4 bedroom, 3 bathroom home offers tremendous upside for you to build instant equity. The 2700 sqft property features a highly desirable downstairs bedroom and full bathroom, a gorgeous kitchen boasting high end granite, subway tile backsplash and stainless steel appliances. A spacious loft upstairs, and solar, add long term value. Step outside to a generously sized, landscaped backyard featuring pavers, a large aluma-wood patio cover, artificial turf and gorgeous greenery. Centrally located in the community within walking distance of the clubhouse featuring resort-style amenities, and the neighborhood middle school, Kathryn Newport middle school. The community also offers hiking and biking trails, skate park, sports parks, meeting and banquet rooms, and the award winning Taawila Elementary school. Conveniently located near shopping, dining, and freeway access. Opportunities like this in Audie Murphy Ranch are rare. Bring your vision and unlock this home's full potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,734 | 2,007 |
| Lot Size | 5,663 | 7,405 |
| Price | $600.0K | $585.6K |
| Price per sq ft | $219 | $286 |
| Built year | 2021 | 2005 |
| HOA | $137.0 | $93 |
| Days on market | 2 | 60 |
Jul 20, 2026
$600,000
Initial Listing
Jun 14, 2021
$532,000
Public Record
Nov 2, 2020
$16,049,500
Public Record