26470 New Bedford Rd., Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath

26470 New Bedford Rd., Menifee, California 92586 home-pic-0
ACTIVE UNDER CONTRACT$365,000
26470 New Bedford Rd., Menifee, California 92586
2Beds
2Baths
1,350Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($347,918.87) is $17,081.13 (4%) lower than the list price ($365,000). This property may be overpriced.

Key pros and cons

Top Pros:
Active 55+ Community: Located in the Sun City Civic Association with a very low annual HOA ($435), offering a vibrant lifestyle with walkable access to a pool, events, pickleball, and clubs.
Top Cons:
Age of Construction: Built in 1971, the property is over 50 years old, which may imply older infrastructure not explicitly updated, potentially leading to future maintenance needs.

Compared to the nearby listings

Price:$365.0K vs avg $402.4K ($-37,450)31%
Size:1,350 sqft vs avg 1,393 sqft46%
Price/sqft:$270 vs avg $29233%

More Insights

Built in 1971 (54 years old).
Condition: Built in 1971, this property has seen significant recent functional updates including a newer HVAC system and roof (approx. 3 years old), and new vinyl plank flooring and fresh paint within the last year. These updates are excellent for a home of this age. However, the kitchen features very dated appliances (built-in oven/cooktop appear original or from the 70s/80s), laminate countertops, and older cabinets, despite the addition of pull-out shelves. The bathrooms also show very dated vanities, fixtures, and lighting. While the home is well-maintained and move-in ready from a structural and system standpoint, the highly outdated kitchen and bathrooms would likely require substantial cosmetic and appliance renovations for most buyers, aligning it with a 'Fair' condition score.
Year Built
1971
Close
-
List price
$365K
Original List price
$375K
Price/Sqft
$270
HOA
$435
Days on market
-
Sold On
-
MLS number
SW25214027
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills

About this home

Darling 2 bedroom, 2 bathroom home in 55+ Sun City Civic Association (only $435 per year HOA!); close enough to walk to the pool, events, play pickle ball, attend clubs, etc.; close enough to walk to the grocery store, too! This home has a newer HVAC system and roof (approx. 3 years old), newer vinyl plank floors in the main living spaces and 6 month old vinyl plank floors in the bedrooms and hallway. Recently added custom pull out shelves in the kitchen, too. The home was painted inside and out less than one year ago. The large work shop near the laundry room in the rear of the garage rounds out the ideal place to call home! A newer large shed in the rear yard which can accommodate many items for storage is also included in the sale. Cute house in a darling neighborhood! Low taxes, too! Call for a tour today.

Nearby schools

7/10
Ridgemoor Elementary School
Public,K-51.4mi
3/10
Freedom Crest Elementary School
Public,K-52.6mi
5/10
Hans Christensen Middle School
Public,6-81.0mi
4/10
Ethan A Chase Middle School
Public,6-83.2mi
6/10
Menifee Valley Middle School
Public,6-83.9mi
2/10
Pinacate Middle School
Public,7-84.2mi
7/10
Paloma Valley High School
Public,9-123.3mi
4/10
Heritage High School
Public,9-124.1mi
Condition Rating
Fair

Built in 1971, this property has seen significant recent functional updates including a newer HVAC system and roof (approx. 3 years old), and new vinyl plank flooring and fresh paint within the last year. These updates are excellent for a home of this age. However, the kitchen features very dated appliances (built-in oven/cooktop appear original or from the 70s/80s), laminate countertops, and older cabinets, despite the addition of pull-out shelves. The bathrooms also show very dated vanities, fixtures, and lighting. While the home is well-maintained and move-in ready from a structural and system standpoint, the highly outdated kitchen and bathrooms would likely require substantial cosmetic and appliance renovations for most buyers, aligning it with a 'Fair' condition score.
Pros & Cons

Pros

Active 55+ Community: Located in the Sun City Civic Association with a very low annual HOA ($435), offering a vibrant lifestyle with walkable access to a pool, events, pickleball, and clubs.
Significant Recent Upgrades: Major components like the HVAC system and roof are approximately 3 years old, providing peace of mind and reducing immediate maintenance concerns for a buyer.
Modernized Interiors: Features newer vinyl plank flooring throughout (some as recent as 6 months old) and custom kitchen pull-out shelves, enhancing aesthetic appeal and functionality.
Convenient Walkability: Strategically located within walking distance to essential amenities, including a grocery store, promoting an independent and accessible lifestyle.
Practical Storage & Low Costs: Includes a large workshop in the garage, a newer storage shed in the rear yard, and benefits from low property taxes, adding value and utility.

Cons

Age of Construction: Built in 1971, the property is over 50 years old, which may imply older infrastructure not explicitly updated, potentially leading to future maintenance needs.
Limited Market Appeal (55+): The age-restricted community significantly narrows the potential buyer pool, which can impact market velocity and appreciation compared to unrestricted properties.
Compact Living Space: With 1350 sqft, the home offers a smaller footprint, which might be a limitation for buyers seeking more expansive living areas or additional rooms.

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