26500 New Bedford, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath
26500 New Bedford
Menifee, California 92586
Property Price
SUMMARY
Analysis of 26500 New Bedford, Menifee, California 92586 reveals a property with a current list price of $448,800, which is 22% above the estimated $366,450 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 26500 New Bedford Subject | $448,800* List Price | 3 | 2 | 1,450 | $253 | - |
A 26210 Falsterbor Drive Sold | $375,000 | 3 | 2 | 1,308 | $287 | 0.5 mi |
B 26646 Amhurst Court Sold | $403,000 | 3 | 3 | 1,777 | $227 | 0.5 mi |
C 26470 New Bedford Rd. Sold | $370,000 | 2 | 2 | 1,350 | $274 | 0.0 mi |
D 26480 Ridgemoor Sold | $359,900 | 2 | 2 | 1,522 | $236 | 0.7 mi |
E 26561 Sun City Boulevard Sold | $339,000 | 2 | 2 | 1,404 | $241 | 0.5 mi |
F 27670 Boston Drive Sold | $425,000 | 2 | 2 | 1,328 | $320 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1968, is well-maintained and move-in ready with several updates including wood laminate flooring, recessed lighting, and modern bathroom renovations (especially the primary shower). However, the kitchen, while functional with Corian countertops and tiled backsplash, features traditional wood cabinetry and a mix of appliance styles (some stainless, some black, one white fridge) that appear somewhat dated. A significant factor contributing to a 'Fair' score is the apparent lack of central air conditioning, with a visible window AC unit in one room, which is a major system component that would require a substantial upgrade for modern comfort, especially in a warm climate. While some areas are updated to a 'Good' standard, the overall age of the home, the kitchen's style, and the cooling system prevent it from reaching a 'Good' rating.
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 = 1450.
- 55+ Senior Community with Amenities
Located in a highly sought-after 55+ community, offering exclusive amenities such as a fitness center, two swimming pools, hot tub, and meeting room, catering to a specific lifestyle.
- Move-in Ready & Updated Interior
The home boasts an updated, bright, and open floor plan with desirable features including wood laminate flooring, recessed lighting, ceiling fans, plantation shutters, and elegant crown molding, requiring minimal immediate investment.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1968, the property's age, despite updates, may imply older underlying systems (e.g., plumbing, electrical, roof) that could require future maintenance or replacement not explicitly covered in the description.
- Age-Restricted Community
Being a 55+ senior community significantly narrows the potential buyer pool, which could impact market time and resale value compared to unrestricted properties.
- Lack of Central Air Conditioning
While ceiling fans are mentioned, the absence of central air conditioning could be a significant drawback, particularly during Menifee's hot summer months, potentially affecting comfort and market appeal.
About 26500 New Bedford
55+ SENIOR COMMUNITY | 3 BEDROOMS | 2 BATHROOMS | 2-CAR GARAGE | LOW TAX | LOW HOA | MOVE-IN READY Welcome to this highly sought-after single-story home located in the beautiful 55+ community of Menifee. This updated, bright, and open floor plan offers both comfort and style. The spacious kitchen features Corian countertops, matching wood cabinetry, a tiled backsplash, and plenty of storage. The home boasts wood laminate flooring, recessed lighting, ceiling fans, plantation shutters, and elegant crown molding throughout. The primary suite offers a generous bedroom, walk-in closet, and an upgraded bathroom with a beautifully tiled walk-in shower. Two additional well-sized bedrooms and a full bathroom provide ample space for guests or a home office. Enjoy a bright and airy living room, dining area, plus a large second living space—perfect for relaxing or entertaining. The laundry room is conveniently located in the workshop area at the rear of the garage. Step outside to a spacious low-maintenance backyard with an Alumawood patio cover—ideal for outdoor gatherings and family entertaining. Conveniently located near the 215 Freeway, shopping centers, and restaurants. Community amenities include a fitness center, two swimming pools, hot tub, meeting room, and more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Menifee Unified Schools
Ridgemoor Elementary School
Grades K-5 • 1.4 mi
Freedom Crest Elementary School
Grades K-5 • 2.6 mi
Hans Christensen Middle School
Grades 6-8 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,450 | 1,404 | 56% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $448.8K | $405.0K | 67% |
| Price per sq ft | $310 | $288 | 66% |
| Built year | 1968 | 1976 | 40% |
| HOA | $435.0 | $94 | 68% |
| Days on market | 34 | 171 | 2% |
Pricing History
Listed for Sale
Feb 1, 2026
$448,800
Initial Listing
Sold
Jun 6, 2019
$235,000
Public Record