
Menifee, California 92585
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $559,000—positioned well below the $564,484 Fair Market Value by 0.97%. This valuation gap offers $5,484 in Instant Equity. Featuring a Fair Condition Rating, the home includes a rare Assumable VA Loan at 3.24% and Solar Efficiency. While the interior offers room for cosmetic updates, the 3-Car Garage and No HOA status provide significant long-term utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, energy-efficient property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26589 Trumble Subject | $559,000* List Price | 3 | 3 | 1,974 | $286 | - |
A 26592 Hull Sold | $505,000 | 3 | 2 | 1,715 | $294 | 1.0 mi |
B 27150 Tran Court Sold | $555,000 | 3 | 2 | 1,585 | $350 | 0.1 mi |
C 27166 White Ct Sold | $560,000 | 4 | 3 | 2,409 | $232 | 0.1 mi |
D 26527 Alta Sold | $515,000 | 4 | 3 | 2,409 | $214 | 0.1 mi |
E 26616 Hull Street Sold | $570,000 | 4 | 2 | 2,107 | $271 | 1.0 mi |
F 26807 Wilkes Drive Sold | $590,000 | 4 | 2 | 1,954 | $302 | 1.0 mi |
G 26874 Matrix Court Active | $560,000 List Price | 3 | 2 | 1,585 | $353 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, this 22-year-old property falls into the 'Fair' category as it exceeds the 20-year mark without a significant renovation. While the home is well-kept and features updated stainless steel appliances and solar, the kitchen and bathrooms retain original oak cabinetry and white tile countertops that are considered dated by current market standards. The interior finishes and systems are at an age where minor repairs and cosmetic updates are expected.
The property features an assumable VA loan at a highly competitive 3.24% interest rate, offering significant long-term financing savings for eligible buyers in the current market.
The absence of HOA fees combined with an existing solar system provides homeowners with increased financial freedom and reduced monthly utility expenses.
The oversized three-car garage is a premium feature for the area, providing ample space for multiple vehicles, storage, or a dedicated workshop.
The solar system is leased rather than owned, requiring the buyer to qualify for and assume the lease agreement, which may impact debt-to-income ratios.
Marketed as a 'blank canvas,' the backyard currently lacks landscaping, necessitating additional immediate capital investment from the buyer to create a functional outdoor living space.
Seller has an assumable VA loan at 3.24% on this Spacious Menifee Home, No HOA & Has Solar! Welcome to your private retreat in the heart of Menifee—where comfort, space, and opportunity come together on a nice size lot. From the inviting covered front porch to the thoughtfully designed interior, this home offers a seamless blend of relaxed living and effortless entertaining. Step inside to a light-filled great room concept, highlighted by soaring vaulted ceilings and a striking two-sided fireplace that elegantly connects the living and family rooms—creating both warmth and architectural interest. The open layout flows naturally into the kitchen, where abundant cabinetry, generous counter space, and a cozy breakfast nook make it the perfect hub for daily living and gatherings alike. The spacious primary suite serves as a peaceful retreat, featuring dual closets and a private en-suite bath with dual sinks. Two additional bedrooms provide flexibility for family, guests, or a home office. Practical features like a dedicated indoor laundry room with an oversized three-car garage add everyday convenience and ample storage. Outdoors, the possibilities are endless. The expansive backyard offers a blank canvas ready for your vision—whether it's a resort-style pool, outdoor kitchen, garden, or play space. With existing patio areas and room to grow, this yard is designed for making memories. Ideally located near parks, shopping, dining, and commuter-friendly freeway access, this home combines lifestyle and location. A solar lease is already in place for energy efficiency (buyer to qualify), and with no HOA, you’ll enjoy both savings and freedom. This is more than a home—it’s an opportunity to create your ideal lifestyle. Come experience the space, potential, and charm for yourself. Audio/Video Recording Notice: For security purposes, this property is equipped with audio and video surveillance devices. By entering the premises, you acknowledge and consent to being recorded.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,974 | 2,091 | 41% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $559.0K | $585.0K | 34% |
| Price per sq ft | $283 | $279 | 56% |
| Built year | 2002 | 2006 | 30% |
| HOA | $0 | $76 | 23% |
| Days on market | 0 | 173 | 3% |
May 8, 2026
$559,000
Initial Listing
Jul 22, 2020
$370,000
Public Record
Feb 28, 2003
$216,000
Public Record