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26063 Ridgemoor, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath

26063 Ridgemoor, Menifee, California 92586 home-pic-0

Price Vs. Estimate

The estimated value ($350,650.88) is $47,349.12 (11%) lower than the list price ($398,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 7841, living area = 1313.
Top Cons:
Extensive Renovation Required: Described as a 'fixer opportunity' that 'requires repairs, renovations, or updates to reach its full potential,' indicating a significant upfront investment in time and capital for the buyer.

Compared to the nearby listings

Price:$398.0K vs avg $405.0K ($-7,000)43%
Size:1,313 sqft vs avg 1,404 sqft38%
Price/sqft:$303 vs avg $28862%

More Insights

Built in 1997 (29 years old).
Condition: Built in 1997, this property is explicitly marketed as a 'fixer opportunity' and 'missing some flooring,' indicating substantial repairs are needed. The kitchen features dated oak cabinets, tile countertops, and older appliances, while the bathrooms are also outdated. Visible cracks in the ceiling and the overall worn condition, despite a functional pool, suggest significant rehabilitation is required to make it move-in ready and comfortable.
Year Built
1997
Close
-
List price
$398K
Original List price
$398K
Price/Sqft
$303
HOA
-
Days on market
-
Sold On
-
MLS number
SW26012887
Home ConditionPoor
Features
Pool
Spa
Patio
ViewTrees/Woods

About this home

Excellent opportunity for investors, flippers, or buyers looking to add value and create their dream property. Fixer opportunity with huge potential. 3-bedroom, 2-bath 2 Car Garage, In Ground Pool, Gated RV Parking, Vaulted Ceilings, Fireplace, Open floorplan, cozy home, NO HOA, The lot provides generous yard space and huge possibilities, Bring your vision and imagination; whether you plan to renovate, expand, op, this property offers a solid foundation and versatile potential. Conveniently located near schools, shopping, and major freeways for easy commuting. a fixer-upper property is a home that requires repairs, renovations, or updates to reach its full potential, needing minor cosmetic updates. this home is missing some flooring. Seller is highly motivated.

A
Albert von Entress
Listing Agent

Nearby schools

7/10
Ridgemoor Elementary School
Public,•K-5•0.6mi
3/10
Freedom Crest Elementary School
Public,•K-5•2.9mi
5/10
Hans Christensen Middle School
Public,•6-8•1.9mi
6/10
Menifee Valley Middle School
Public,•6-8•3.0mi
4/10
Ethan A Chase Middle School
Public,•6-8•3.8mi
2/10
Pinacate Middle School
Public,•7-8•4.8mi
7/10
Paloma Valley High School
Public,•9-12•2.6mi
4/10
Heritage High School
Public,•9-12•5.0mi

Price History

Date
Event
Price
05/15/96
Sold
$111,500
Condition Rating
Poor
Built in 1997, this property is explicitly marketed as a 'fixer opportunity' and 'missing some flooring,' indicating substantial repairs are needed. The kitchen features dated oak cabinets, tile countertops, and older appliances, while the bathrooms are also outdated. Visible cracks in the ceiling and the overall worn condition, despite a functional pool, suggest significant rehabilitation is required to make it move-in ready and comfortable.
Pros & Cons

Pros

Cons

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