26398 Spaniel, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
26398 Spaniel
Menifee, California 92586
Property Price
SUMMARY
Analysis of 26398 Spaniel, Menifee, California 92586 reveals a Prime Investment Opportunity with a current list price of $420,000—significantly undercutting the $439,191 Fair Market Value by 4%. This valuation gap indicates a +$19,191 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 26398 Spaniel Subject | $420,000* List Price | 2 | 2 | 1,508 | $291 | - |
A 28321 Sun City Boulevard Sold | $395,000 | 2 | 2 | 1,538 | $257 | 0.4 mi |
B 28368 Sun City Boulevard Sold | $415,000 | 2 | 2 | 1,705 | $243 | 0.4 mi |
C 27105 Bottlebrush Lane Sold | $405,000 | 2 | 2 | 1,456 | $278 | 0.1 mi |
D 27831 Covington Way Sold | $405,000 | 2 | 2 | 1,393 | $291 | 0.9 mi |
E 26653 Jaelene Sold | $425,000 | 2 | 2 | 1,367 | $311 | 0.5 mi |
F 26435 Bluebell Active | $438,900 List Price | 2 | 2 | 1,526 | $288 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1985-built home is in turnkey, move-in-ready condition. It features significant updates including newer luxury vinyl plank flooring in the main living areas and a newer backyard spa. The kitchen is well-maintained with Corian countertops and functional appliances. While some aesthetic elements like the brick fireplace and cabinetry reflect its original era, the overall maintenance, inclusion of solar panels, and lack of deferred maintenance align with the 'good' condition category.
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 = 7405, living area = 1508.
- Financial Efficiency
The property offers exceptional value with no HOA fees and a solar system costing less than $115 per month, significantly reducing the cost of living for residents.
- Turnkey Condition
This move-in-ready home features several modern upgrades, including newer luxury vinyl plank flooring, Corian countertops, and a private backyard with a newer spa.
CONSRISKS & DEFICIENCIES
- Age-Restricted Demographic
Located in a 55+ senior community, the property is limited to a specific buyer pool, which may result in a longer resale period compared to non-restricted neighborhoods.
- 1980s Architectural Style
Built in 1985, the home may feature some dated aesthetic elements, such as the traditional brick fireplace, which might require modernization to suit contemporary tastes.
About 26398 Spaniel
Beautiful turnkey single-story home nestled in a desirable and peaceful Sun City Senior 55+ neighborhood, with NO HOA. This inviting 2-bedroom, 2-bath home offers a spacious open floor plan featuring a formal living and dining room, an expansive family room, indoor laundry, and an attached two-car garage. The kitchen showcases Corian countertops, with a Breakfast Bar, and even offers mountain views from your kitchen sink. Adjacent is the family room, with a cozy brick fireplace with gas logs — perfect for relaxing evenings at home. Newer Luxury Vinyl Plank Flooring in the Formal Dining Room, Kitchen and Family Room. Enjoy quiet evenings in the private, low-maintenance backyard complete with a newer SPA, covered patio, large storage shed, and two mature citrus trees. This home, built in 1985, offers comfort, functionality, and exceptional value — an opportunity you won’t want to miss. Solar is less than $115 per month and has saved current owners hundreds of dollars each year in electricity costs!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,508 | 1,404 | 65% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $420.0K | $405.0K | 57% |
| Price per sq ft | $279 | $288 | 45% |
| Built year | 1985 | 1976 | 61% |
| HOA | $0 | $94 | 25% |
| Days on market | 8 | 171 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$420,000
Initial Listing
Sold
Feb 10, 2021
$299,000
Public Record
Sold
Aug 1, 2012
$157,500
Public Record
Sold
Jul 20, 2010
$140,000
Public Record