27214 Felsic Drive, Menifee, California 92585, Menifee, 92585 - 5 bed, 3 bath

27214 Felsic Drive, Menifee, California 92585 home-pic-0
ACTIVE$629,900
27214 Felsic Drive, Menifee, California 92585
5Beds
3Baths
2,397Sqft
5,349Lot

Price Vs. Estimate

The estimated value ($611,200.91) is $18,699.09 (2%) lower than the list price ($629,900). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Immediate Occupancy: Built in 2024 and only lived in for a few months, this property offers the advantages of a brand-new home without the typical waiting period for new construction.
Top Cons:
Listed Above Market Estimate: The current list price of $629,900 is approximately $18,700 higher than the property's estimated value of $611,200.91, which may require price negotiation or limit buyer interest.

Compared to the nearby listings

Price:$629.9K vs avg $595.0K (+$34,900)68%
Size:2,397 sqft vs avg 2,200 sqft63%
Price/sqft:$263 vs avg $27344%

More Insights

Built in 2024 (1 years old).
Condition: This property is a new construction home built in 2024 and has only been lived in for a few months. The description highlights high-end stainless steel appliances, solar panels, and an open-concept layout. The images confirm a modern aesthetic with white shaker cabinets, light granite/quartz countertops, subway tile backsplash, and wood-look flooring in the kitchen, along with modern, clean bathrooms featuring glass-enclosed showers. All components are virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2024
Close
-
List price
$630K
Original List price
$639K
Price/Sqft
$263
HOA
$80
Days on market
-
Sold On
-
MLS number
PW25102827
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Property now qualifies for our exclusive $15,000 buyer assistance program (forgivable loan) that can be used for closing costs, rate buy-down, or down payment. No interest, no payments, and it’s forgiven over 5 years. Step into luxury living in this NEW CONSTRUCTION Home located in the sought-after Pathway at Cimarron Ridge Menifee. This beautifully designed home features 5 spacious bedrooms and 3 full bathrooms + Bonus Room. This 2024 New Build has only been lived in a few months and seller is relocating, make this your opportunity to move into a Newly Built home! High end Appliances including LG Washer/ Dryer and Sleek Stainless Steel appliances will be included in the property! Enjoy Energy savings with Solar Panels! The home sits on a large lot with captivating mountain and city light views. The gated side yard is perfect as a dog run or flexible outdoor space. Inside, you'll find ample storage including a walk-in pantry, a front hall closet, a spacious closet off the kitchen, and generous cabinetry throughout the kitchen and island area. The open-concept layout is filled with natural light, ideal for both everyday living and entertaining. Located minutes from I-15 and I-215, and close to excellent schools and shopping, this home is perfectly positioned for convenience and lifestyle and Move-in ready, this is a rare opportunity you wont want to miss!

Condition Rating
Excellent

This property is a new construction home built in 2024 and has only been lived in for a few months. The description highlights high-end stainless steel appliances, solar panels, and an open-concept layout. The images confirm a modern aesthetic with white shaker cabinets, light granite/quartz countertops, subway tile backsplash, and wood-look flooring in the kitchen, along with modern, clean bathrooms featuring glass-enclosed showers. All components are virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

New Construction & Immediate Occupancy: Built in 2024 and only lived in for a few months, this property offers the advantages of a brand-new home without the typical waiting period for new construction.
Attractive Buyer Incentive: The property qualifies for a $15,000 forgivable loan, which can be utilized for closing costs, rate buy-down, or down payment, significantly reducing the buyer's initial financial outlay.
Modern Amenities & Energy Efficiency: Equipped with solar panels for energy savings and includes high-end LG Washer/Dryer and sleek Stainless Steel appliances, offering modern convenience and lower utility costs.
Spacious & Functional Layout: Features 5 spacious bedrooms, 3 full bathrooms, a versatile bonus room, an open-concept design with natural light, ample storage including a walk-in pantry, and a practical gated side yard.
Desirable Location & Views: Conveniently located minutes from I-15 and I-215, close to excellent schools and shopping, and boasts captivating mountain and city light views.

Cons

Listed Above Market Estimate: The current list price of $629,900 is approximately $18,700 higher than the property's estimated value of $611,200.91, which may require price negotiation or limit buyer interest.
Ongoing Association Fees: The property is subject to a monthly association fee of $80, which represents an additional recurring cost for the homeowner.
Undeveloped Backyard: While situated on a large lot with a gated side yard, the description does not indicate any existing landscaping or developed outdoor living spaces, suggesting potential additional investment for backyard completion.

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