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26960 Red Dr, Menifee, California 92585, Menifee, 92585 - 3 bed, 3 bath

26960 Red Dr, Menifee, California 92585 home-pic-0
ACTIVE$569,990
26960 Red Dr, Menifee, California 92585
3Beds
3Baths
2,021Sqft
4,462Lot

Price Vs. Estimate

The estimated value ($556,674.645) is $13,315.355 (2%) lower than the list price ($569,990). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Turn-Key Ready: Built in 2023 and described as 'Turn-Key Ready' with numerous upgrades, this property offers immediate occupancy without the need for renovations or repairs, appealing to buyers seeking a hassle-free move.
Top Cons:
Detached Condo Classification: Despite its single-family home feel, its legal classification as a detached condo may deter some buyers who specifically seek full land ownership and no association with shared community structures or rules.

Compared to the nearby listings

Price:$570.0K vs avg $590.0K ($-20,010)33%
Size:2,021 sqft vs avg 2,199 sqft42%
Price/sqft:$282 vs avg $27357%

More Insights

Built in 2023 (2 years old).
Condition: This property was built in 2023, making it virtually brand new. The listing explicitly states it's 'Turn-Key Ready' with 'many UPGRADES,' including paid-off solar, luxury vinyl plank flooring, and a whole-home water filtration system. The images confirm a modern aesthetic throughout, featuring a kitchen with quartz countertops, stylish backsplash, stainless steel appliances, and pendant lighting. Bathrooms are equally updated with contemporary fixtures and finishes. There is no deferred maintenance, and all components meet current quality standards, aligning perfectly with the 'excellent' condition criteria.
Year Built
2023
Close
-
List price
$570K
Original List price
$570K
Price/Sqft
$282
HOA
$193
Days on market
-
Sold On
-
MLS number
SW25270155
Home ConditionExcellent
Features
Good View: City Lights, Hills, Neighborhood
Patio
ViewCity Lights,Hills,Neighborhood

About this home

First Time on the Market, Paid Off Solar, Turn-Key Ready, 3 Bedrooms, 2.5 Bathrooms, TWO LOFTS & many UPGRADES!! Welcome to 26960 Red Dr, located in the highly desired community of The Village in Menifee. This STUNNING two-story detached condo home lives and feels like a single-family home. It is one of the few homes in the neighborhood that offers both a long driveway and a larger backyard—a rare find! Featuring 3 bedrooms, 2.5 bathrooms, and 2,021 sq. ft. of living space, this home also boasts two versatile lofts—one that can easily be converted into a 4th bedroom, and the other ideal for an office, study, or playroom. Step inside and you’ll be greeted by an inviting open-concept floor plan. A long foyer leads to the expansive living room and a well-appointed kitchen with quartz countertops, stylish backsplash, pendant lighting, and a large center island, perfect for entertaining and everyday living. Upgrades include: • Paid-off solar • Pre-wired for electric vehicle charging • Luxury vinyl plank flooring & plush carpet • Satin paint in some areas of the home • Whole-home water filtration system + alkaline drinking filter in kitchen • Ceiling fan in living room • Added electrical outlet & wiring behind TV wall • Epoxy flooring in 2-car garage Outdoor Features: • Stamped cement, grass, cement borders, drip system & programmable sprinklers • Gas & water lines routed for a future built-in BBQ • Fruit trees: lemon, lime, and nectarine (newly planted) Community Amenities: • Sparkling pool & park • HOA only $193/month Perfectly located near the 215 freeway, shopping, dining, and schools, this home is move-in ready and waiting for its new owners!

Price History

Date
Event
Price
10/27/23
Sold
$529,500
Condition Rating
Excellent
This property was built in 2023, making it virtually brand new. The listing explicitly states it's 'Turn-Key Ready' with 'many UPGRADES,' including paid-off solar, luxury vinyl plank flooring, and a whole-home water filtration system. The images confirm a modern aesthetic throughout, featuring a kitchen with quartz countertops, stylish backsplash, stainless steel appliances, and pendant lighting. Bathrooms are equally updated with contemporary fixtures and finishes. There is no deferred maintenance, and all components meet current quality standards, aligning perfectly with the 'excellent' condition criteria.
Pros & Cons

Pros

New Construction & Turn-Key Ready: Built in 2023 and described as 'Turn-Key Ready' with numerous upgrades, this property offers immediate occupancy without the need for renovations or repairs, appealing to buyers seeking a hassle-free move.
Energy Efficiency & Modern Conveniences: Features paid-off solar panels, significantly reducing utility costs, and is pre-wired for electric vehicle charging, providing modern convenience and future-proofing for eco-conscious buyers.
Versatile & Spacious Floor Plan: Boasts 3 bedrooms, 2.5 bathrooms, and two versatile lofts, one of which can be converted into a 4th bedroom, offering flexible living arrangements for families, home offices, or recreational spaces.
Single-Family Home Feel with Community Amenities: Though a detached condo, it 'lives and feels like a single-family home' with a larger backyard and long driveway, complemented by desirable community amenities such as a sparkling pool and park.
Extensive Upgrades & Outdoor Living: Includes a well-appointed kitchen with quartz countertops, luxury vinyl plank flooring, a whole-home water filtration system, epoxy garage flooring, and thoughtfully designed outdoor spaces with stamped cement, fruit trees, and pre-routed gas/water lines for a future BBQ.

Cons

Detached Condo Classification: Despite its single-family home feel, its legal classification as a detached condo may deter some buyers who specifically seek full land ownership and no association with shared community structures or rules.
Recent Price Appreciation: The property was sold in October 2023 for $529,500 and is now listed at $569,990. This significant price increase in a short timeframe (less than a year) could raise questions about value justification for potential buyers or appraisers.
Ongoing HOA Dues: While the $193/month HOA fee is reasonable for the amenities offered, it represents an additional recurring cost that some buyers might prefer to avoid, particularly those seeking a property with no association fees.

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