
Menifee, California 92586
This 2024-built Single Family Residence represents a Strong Value Opportunity, listed at $639,900—positioned well below the $609,670 Fair Market Value by -4%. Featuring a Mint Condition Rating, this property offers modern finishes like quartz countertops and LVP flooring. With a lease in place through September 2026, it provides immediate, stable cash flow for Buy-and-Hold Investors. Its prime location in the Cimarron Ridge community, combined with distant mountain views, makes it an ideal acquisition for long-term investors seeking a turnkey, low-maintenance asset in a growing market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25344 Picket Range Subject | $639,900* List Price | 4 | 2 | 1,959 | $311 | - |
A 26153 Desert Rose Lane Sold | $460,000 | 2 | 3 | 1,683 | $273 | 0.8 mi |
B 26363 Desert Rose Lane Sold | $485,000 | 2 | 3 | 1,801 | $269 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2024, this brand-new home is in mint condition. It features modern kitchen and bath finishes including white shaker cabinetry, quartz countertops, and contemporary black hardware. All systems (HVAC, Electric) are new, and the interior shows high-end LVP flooring and recessed lighting with no maintenance required.
As a brand-new build, the property offers the latest in energy efficiency, contemporary design, and the peace of mind associated with new structural and mechanical systems.
The home is currently tenant-occupied with a strong rental history and a lease through September 2026, providing immediate and reliable cash flow for investors.
Situated in the Cimarron Ridge neighborhood, the property benefits from proximity to local parks, walking paths, and Menifee's rapidly expanding shopping and dining districts.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1959, other record living area = 2008. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The existing lease agreement through late 2026 may deter primary residence buyers who require immediate occupancy or a shorter relocation timeline.
The 6,098 square foot lot is relatively modest, which may be a drawback for buyers seeking a large private yard for extensive landscaping or a swimming pool.
Welcome to 25344 Pickett Range Way in the Cimarron Ridge community of Menifee. This well-kept home offers a comfortable, functional layout with a bright and inviting feel throughout. The kitchen sits at the center of the home and provides plenty of counter space and cabinetry, making it practical for everyday cooking and use. The primary suite offers a private space to unwind with its own bathroom and good natural light. The additional bedrooms are flexible and can easily be used for guests, a home office, or extra living space depending on your needs. Out back, the yard offers a simple, usable outdoor space that’s easy to maintain and works well for relaxing, outdoor dining, or just enjoying the Southern California weather. The home has been well cared for and shows consistent upkeep. It is currently tenant-occupied with a strong rental history and consistent on-time rent payments. The lease runs through September 2026, with flexibility for an earlier move-out if needed. The tenants have also expressed interest in staying, which could allow for continued rental income with minimal disruption. Cimarron Ridge is a well-established neighborhood with nearby parks, walking paths, and open green spaces. The location also offers convenient access to shopping, dining, and major commuter routes throughout Menifee. Menifee continues to grow steadily, making this a strong option whether you’re looking for a future residence or a long-term investment property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 86% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,959 | 1,404 | 87% |
| Lot Size | 6,098 | 7,405 | 15% |
| Price | $639.9K | $401.0K | 92% |
| Price per sq ft | $327 | $292 | 73% |
| Built year | 2024 | 1976 | 95% |
| HOA | $80.0 | $87 | 50% |
| Days on market | 17 | 137 | 3% |
May 20, 2026
$639,900
Initial Listing
Sep 4, 2024
$616,000
Public Record