24380 Paseo Arroyo, Menifee, California 92587, Menifee, 92587 - 3 bed, 2 bath
Loading property details...
Menifee, California 92587
This Spacious Custom Estate represents a Strong Value Opportunity, listed at $575,000—positioned well below the $617,417 Fair Market Value by 6%. This valuation gap offers $42,417 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a functional layout with solar power and a massive half-acre lot. With flexible zoning for livestock or ADUs, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term wealth and land utility.
Property is moderate renovation needed.
Built in 1990 (34 years old), the home is well-maintained but features original finishes. The kitchen has dated oak cabinetry and white tile countertops, and the flooring and fixtures are original to the build. While the addition of solar and the clean condition are positives, the property requires cosmetic updates to meet modern standards, fitting the criteria for a home over 20 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 1866.
The property is fully solar-powered and situated in a low-tax area with no HOA fees, providing significant monthly savings and long-term financial benefits.
Sitting on nearly half an acre, the lot offers exceptional utility with RV parking and ample space for future additions like an ADU, pool, or workshop.
Built in 1990, the interior may require cosmetic updates to align with contemporary design trends favored by modern buyers.
While offering privacy and a country feel, the Quail Valley location may result in longer drive times to major shopping centers and suburban amenities compared to central Menifee.
MULTI-GENERATIONAL LIVING STARTS RIGHT HERE! Your family legacy begins in this expansive, fully solar-powered 3-bedroom, 2-full-bath, 1,866-square-foot custom estate, already officially appraised at list price! Tucked away in the safe, peaceful, and low-traffic Quail Valley area of Menifee, this spectacular 1990 custom-built home sits on nearly a half-acre lot surrounded by friendly neighbors, offering you ultimate freedom, space, and privacy with low taxes and absolutely NO HOA. Step inside to dramatic vaulted ceilings and a stunning dual-sided fireplace that perfectly connects the family and living rooms for seamless entertaining, featuring an expansive floor plan with generous bedrooms ideal for multi-generational living alongside a massive primary suite with elegant French doors opening directly to your backyard oasis. Outside, you'll find a massive covered patio and custom-built pergola perfect for hosting epic parties or even a beautiful backyard wedding, all while enjoying mature trees, beautiful views, and an established garden bursting with fresh apples, lemons, tangerines, oranges, grapes, and blackberries. With a 3-car garage, storage shed, and extensive RV parking, the utility here is unmatched—but the real magic is the land. Because the flexible zoning allows for all kinds of animals and livestock, the possibilities are truly endless: build a POOL, add an ADU (or two!), expand your garden, raise chickens, or even build a second home. Centrally located with fast, convenient access between the I-15 and I-215 freeways, you get that serene, "far away" country-style peace without sacrificing quick access to all the modern amenities Menifee has to offer. God didn't make any more land, and opportunities with this much potential do not last long—schedule your private tour today to start building your future, knowing the chimney has already been swept and certified, termite clearance is taken care of, the septic pump and certification are complete, and Edison pays you back for solar with rates that never increase annually!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,866 | 2,007 |
| Lot Size | 17,860 | 7,405 |
| Price | $575.0K | $585.6K |
| Price per sq ft | $308 | $286 |
| Built year | 1990 | 2005 |
| HOA | $0 | $93 |
| Days on market | 12 | 60 |
Jul 10, 2026
$575,000
Initial Listing