27073 N Bay Lane, Menifee, California 92585, Menifee, 92585 - 5 bed, 3 bath
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Menifee, California 92585
This Meticulously Maintained Turnkey Residence is listed at $649,999, representing a stable valuation closely aligned with its $637,512 Fair Market Value. Boasting a Condition Rating of 3, this Lennar-built home features a rare 3.0% Assumable VA Loan, offering a significant financial advantage and lower monthly carry costs. The spacious five-bedroom layout includes a desirable Main-Floor Guest Suite and a 3-Car Garage. Residents enjoy the premier Heritage Lake Lifestyle, featuring exclusive lake access, resort-style pools, and proximity to Heritage High School. This property is a perfect match for Owner-Occupants or growing families seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27073 N Bay Lane Subject | $649,999* List Price | 5 | 3 | 2,437 | $262 | - |
A 29131 Light Sails Court Sold | $599,990 | 4 | 3 | 2,407 | $249 | 0.9 mi |
B 29192 Bay Bridge Court Sold | $685,000 | 5 | 3 | 2,437 | $281 | 0.1 mi |
C 27037 Hidden Creek Court Sold | $575,000 | 3 | 3 | 2,163 | $266 | 0.3 mi |
D 29185 Lido Bay Sold | $657,200 | 5 | 3 | 2,437 | $270 | 0.1 mi |
E 27299 Stonehurst Drive Active | $620,000 List Price | 4 | 2 | 2,539 | $244 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, this property is in the 10-20 year age range and has been exceptionally well-maintained by the original owners. It is move-in ready with significant system updates, including a new HVAC unit installed in 2021. The interior features fresh paint, upgraded LED lighting, and clean flooring. While the kitchen cabinetry and black appliances reflect the original 2009 build style rather than a recent high-end renovation, the overall condition is pristine with no signs of deferred maintenance.
The property features a rare 3.0% assumable VA loan for qualified buyers, offering a significant financial advantage and lower monthly payments compared to current market rates.
The spacious five-bedroom floor plan includes a highly desirable main-floor bedroom and full bathroom, providing ideal accommodations for guests or multi-generational living.
Residents enjoy remarkably low HOA fees while gaining access to premium amenities, including exclusive lake access, multiple pools, a clubhouse, and a brand-new basketball court.
The solar energy system is leased rather than owned, requiring the buyer to assume the existing contract and monthly obligations, which may impact total debt-to-income ratios.
The local public schools serving this address have relatively low performance ratings, which could be a concern for families prioritizing top-tier educational districts.
**Assumable VA loan at 3.0% for qualified buyers** Welcome to a rare opportunity to own a piece of Menifee’s finest, offered for the very first time by its original owners. From the moment you pull up to this meticulously maintained Lennar home, the pride of ownership is unmistakable. Built in 2009 and kept in pristine condition, this residence offers a level of care and detail that only a single-owner history can provide. Step through the front door and experience a spacious, light-filled layout that perfectly balances comfort and functionality. With five generous bedrooms and three full bathrooms, the interior provides an abundance of space to live, work, and retreat. One bedroom is located at the primary floor, with a Murphy bed and corner desk with a full bathroom, for your in-laws or guests. This home has been thoughtfully enhanced with fresh paint; The entire second floor and the expansive 3-car garage have been recently repainted. Modern Lighting & Comfort; The home is illuminated with plenty of LED recessed lighting and features upgraded ceiling fans in every room. The open-concept design flows seamlessly from the inviting living areas to the kitchen, showcasing the classic Lennar quality. The story continues outside, where the property truly sets itself apart. Situated on an expansive, flat lot with increased spacing between neighbors, the backyard serves as a massive blank canvas for your vision—be it a pool, an outdoor kitchen, or a lush garden. Existing outdoor highlights include: An ample patio cover and a wraparound concrete belt offer easy access and the perfect setting for hosting. Upgraded HVAC: Enjoy total peace of mind with an exterior HVAC unit that was replaced and upgraded in January 2021. Sustainable Energy: An energy-efficient leased solar system is already in place to provide predictable, low energy costs.The Community: Unbeatable Value Located on the quiet and desirable N Bay Lane, this home offers more than just a beautiful structure; it offers a lifestyle. The community features: Minimal Fees, Maximum Amenities: Boasting what is arguably the smallest monthly HOA fee in the entire Inland Empire, you still receive premium perks. Recreation: Residents enjoy a splash pad for the kids, a brand-new basketball court, and exclusive lake access (available with permit and proof of residency at no additional fee), plus 2 pools, a clubhouse with a full kitchen, hiking trails, and more.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades 6-8 • 1.3 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,437 | 2,191 | 72% |
| Lot Size | 7,405 | 6,986 | 52% |
| Price | $650.0K | $582.5K | 75% |
| Price per sq ft | $267 | $273 | 42% |
| Built year | 2009 | 2008 | 51% |
| HOA | $76.5 | $76 | 50% |
| Days on market | 6 | 198 | 1% |
Apr 16, 2026
$649,999
Initial Listing
Sep 11, 2009
$247,000
Public Record