27138 Rockwood, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
27138 Rockwood
Menifee, California 92586
Property Price
SUMMARY
Analysis of 27138 Rockwood, Menifee, California 92586 reveals a Fairly Priced Property with a current list price of $390,000 aligned with the estimated $381,397 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 27138 Rockwood Subject | $390,000* List Price | 2 | 2 | 1,199 | $318 | - |
A 26255 Sunnywood Sold | $370,000 | 3 | 2 | 1,199 | $309 | 0.1 mi |
B 26044 Sunnywood Street Sold | $385,000 | 2 | 2 | 1,008 | $382 | 0.3 mi |
C 27074 Rangewood Street Sold | $365,000 | 2 | 2 | 1,008 | $362 | 0.2 mi |
D 25625 Cayla Court Sold | $460,000 | 3 | 3 | 1,498 | $307 | 0.9 mi |
E 25672 Hillman Ct Sold | $399,000 | 3 | 2 | 1,224 | $326 | 0.6 mi |
F 26203 Shadywood Active | $349,000 List Price | 2 | 2 | 908 | $384 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1985, this property is described as very well-maintained but lacks evidence of a full modern renovation. It fits the 'fair' criteria as it is nearly 40 years old with functional but dated features, likely including original or older-style kitchen cabinetry and bathroom fixtures. The home appears move-in ready for its age group but shows signs of being outdated compared to current design standards.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
The inclusion of a dedicated den in addition to two bedrooms provides rare flexibility for a home office or hobby room within this 1,199 square foot floor plan.
- Exceptional HOA Value
At only $49 per month, the association fee is remarkably low while still providing residents access to community amenities including a pool, spa, and clubhouse.
- Functional Open Layout
The home features a well-maintained open floor plan with the convenience of an indoor laundry room and a relaxing covered patio, enhancing the overall flow and livability.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1985, the property may lack the modern energy-efficient features and contemporary aesthetic found in newer 55+ developments in the Menifee area.
- Compact Lot Size
With a lot size of 3,920 square feet, outdoor space is limited, which may be a drawback for buyers seeking significant gardening space or increased privacy.
About 27138 Rockwood
Welcome to the Patio Homes 55 Plus Community. This floor plan has not only 2 bedrooms and 2 baths, it also has a den. Home has approximately 1199 sq. ft. Open floor plan with indoor laundry room. Very well maintained home. Relaxing covered patio. Nice community pool, spa, and clubhouse.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $49.0 / Month
Neighborhood Insights
Menifee Unified Schools
Ridgemoor Elementary School
Grades K-5 • 2.0 mi
Hans Christensen Middle School
Grades 6-8 • 1.3 mi
Pinacate Middle School
Grades 7-8 • 3.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,199 | 1,404 | 26% |
| Lot Size | 3,920 | 7,405 | 6% |
| Price | $390.0K | $405.0K | 43% |
| Price per sq ft | $325 | $288 | 76% |
| Built year | 1985 | 1976 | 61% |
| HOA | $49.0 | $94 | 47% |
| Days on market | 2 | 171 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$390,000
Initial Listing
Sold
Sep 29, 2006
$249,000
Public Record