
Menifee, California 92586
This property presents a High-Potential Investment Opportunity with a List Price of $440,000—positioned well below the $295,582 Fair Market Value by -48%. While the home has a Condition Rating of 5, the spacious 7,405 sqft lot and no HOA fees provide a solid foundation for value-add renovations. The functional floor plan, including a covered patio and attached 2-car garage, offers significant upside for modernization. This is a strategic acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through targeted interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27109 Dahlia Court Subject | $440,000* List Price | 3 | 2 | 1,709 | $173 | - |
A 27992 Foxfire Sold | $382,000 | 3 | 2 | 1,866 | $205 | 0.6 mi |
B 26170 Lancaster Drive Sold | $317,500 | 3 | 2 | 1,519 | $209 | 0.8 mi |
C 27049 Monk Sold | $339,000 | 2 | 2 | 1,328 | $255 | 0.3 mi |
D 27580 Charlestown Drive Sold | $350,000 | 2 | 2 | 1,777 | $197 | 0.5 mi |
E 27166 Dahlia Ct Active | $539,998 List Price | 3 | 2 | 1,818 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985, the property is nearly 40 years old (>30y criteria) with no recorded renovations. Listing photos show original 1980s oak cabinetry and popcorn ceilings, and the description explicitly states the interior is ready for updating and personalization, indicating a need for a full rehab.
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 = 1709.
A rare find in a senior community, this property has no HOA fees, significantly lowering monthly carrying costs and providing more financial freedom for the homeowner.
Boasting 1,709 square feet with three bedrooms, a formal dining room, and a breakfast nook, the home offers a generous floor plan that is much larger than typical residences in this price bracket.
The property is explicitly noted as being ready for updating, meaning buyers will need to budget for significant cosmetic renovations to bring the home up to modern standards.
Built in 1985, the home may require upcoming capital expenditures for major systems like the roof or HVAC if they have not been recently replaced, which are not highlighted as upgraded.
Opportunity Knocks in This Charming 3-Bedroom, 2-Bath Home Located in a Desirable Senior Community! If you've been searching for a home with great potential, this is it. Featuring a spacious and functional floor plan, this 3-bedroom, 2-bath residence offers the perfect canvas to create your dream home. While the interior is ready for updating, the home has been well-maintained and offers solid construction with "good bones" throughout. Enjoy gathering in the inviting living room complete with a cozy fireplace, hosting special occasions in the formal dining room, or enjoying casual meals in the breakfast nook adjacent to the large kitchen. The generous layout provides plenty of space for comfortable everyday living and entertaining. Step outside to a covered patio, ideal for relaxing with your morning coffee or enjoying Southern California evenings. The easy-care front yard landscaping helps minimize maintenance, while the attached two-car garage provides ample storage and convenience. Located in a sought-after senior community with no HOA fees, this property offers an affordable opportunity to personalize a home to your taste while enjoying a peaceful neighborhood setting. Bring your vision and make this home shine—properties with this much potential don't come along often! Highlights: 3 Bedrooms, 2 Bathrooms Senior Community No HOA Living Room with Fireplace Formal Dining Room Breakfast Nook Spacious Kitchen Covered Patio Attached 2-Car Garage Low-Maintenance Front Yard Great Floor Plan and Strong Bones Excellent Opportunity to Update and Add Value This is your chance to create the home you've always wanted in a welcoming senior community. Schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,709 | 1,404 | 79% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $440.0K | $402.0K | 67% |
| Price per sq ft | $257 | $292 | 29% |
| Built year | 1985 | 1975 | 63% |
| HOA | $0 | $67 | 23% |
| Days on market | 3 | 138 | 4% |
Jun 11, 2026
$440,000
Initial Listing
Sep 26, 1995
$102,000
Public Record