27190 Pinehurst, Menifee, California 92586, Menifee, 92586 - 2 bed, 2 bath
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Menifee, California 92586
This Value-Add Senior Living Asset presents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $361,678 Fair Market Value by 18%. This significant valuation gap provides $66,678 in Instant Equity for buyers prepared to modernize the 1964 infrastructure. Featuring a Fair Condition Rating, the 1,460-square-foot layout on a spacious corner lot offers substantial upside for forced appreciation within a desirable 55+ community. Located near top-rated schools like Ridgemoor Elementary, this property is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a customizable retirement retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27190 Pinehurst Subject | $295,000* List Price | 2 | 2 | 1,460 | $248 | - |
A 28960 Olympia Way Sold | $300,000 | 2 | 2 | 1,404 | $214 | 0.4 mi |
B 28885 Hope Drive Sold | $293,000 | 2 | 2 | 1,348 | $217 | 0.6 mi |
C 26561 Sun City Boulevard Sold | $339,000 | 2 | 2 | 1,404 | $241 | 0.8 mi |
D 29028 Pebble Beach Sold | $262,500 | 3 | 2 | 1,618 | $162 | 0.8 mi |
E 29020 Olympia Way Sold | $309,009 | 2 | 2 | 1,460 | $212 | 0.4 mi |
F 28751 Bradley Sold | $330,000 | 3 | 2 | 1,674 | $197 | 0.4 mi |
G 29110 Del Monte Pending | $335,000 List Price | 2 | 2 | 1,404 | $239 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property shows some cosmetic updates such as laminate flooring and neutral paint. However, the kitchen remains dated with older tile countertops and white/black mixed appliances, and the overall infrastructure appears to be over 20 years old. The listing description confirms it is 'ready for a new owner to update,' placing it firmly in the Fair category.
Priced competitively at $295,000, this property offers significant potential for investors or owner-occupants to build equity through modernization and custom renovations.
The home is situated on a generous 6,534 square foot corner lot, providing enhanced privacy, additional outdoor space, and superior curb appeal compared to standard interior lots.
With 1,460 square feet of living space and generously sized rooms, the layout provides a comfortable and practical foundation for a high-quality senior living environment.
Built in 1964 and marketed as a fixer-opportunity, the property likely requires a substantial capital investment to update original systems and cosmetic finishes.
As part of a 55+ community, the potential buyer pool is restricted to a specific demographic, which can limit market liquidity compared to non-restricted residential areas.
Amazing opportunity in a desirable 55+ community! Situated on a spacious corner lot, this 2-bedroom, 2-bath home offers approximately 1,460 square feet of living space and is full of potential. With a functional layout and generously sized rooms, this property is ready for a new owner to update and make it their own. Ideal for buyers looking to customize and add value, the home offers a great chance to create the perfect full-time residence or seasonal retreat. Enjoy the benefits of community living in a well-established neighborhood close to shopping, dining, and everyday conveniences.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 1.8 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,460 | 1,404 | 60% |
| Lot Size | 6,534 | 7,405 | 19% |
| Price | $295.0K | $400.0K | 7% |
| Price per sq ft | $202 | $287 | 8% |
| Built year | 1964 | 1973 | 29% |
| HOA | $450.0 | $94 | 90% |
| Days on market | 4 | 175 | 1% |
Apr 18, 2026
$295,000
Initial Listing
Oct 29, 2010
$86,000
Public Record
Nov 27, 2002
$130,000
Public Record