27224 Felsic Drive, Menifee, California 92585, Menifee, 92585 - 5 bed, 3 bath

27224 Felsic Drive, Menifee, California 92585 home-pic-0
ACTIVE$725,000$2,798/sqft
Est. Value: $783,734
8%
BelowEstimate
27224 Felsic Drive, Menifee, California 92585
5Beds
3Baths
2,798Sqft
13,673Lot

Price Vs. Estimate

The estimated value ($783,733.505) is $58,733.505 (8%) higher than the list price ($725,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13673, living area = 2798.
Top Cons:
Ongoing Association Fees: The property is subject to a monthly association fee of $91.00, which is an additional recurring cost for homeowners.

Compared to the nearby listings

Price:$725.0K vs avg $590.0K (+$135,000)89%
Size:2,798 sqft vs avg 2,199 sqft85%
Price/sqft:$259 vs avg $27438%

More Insights

Built in 2024 (2 years old).
Condition: This property was built in 2024, making it a brand new construction. The kitchen features modern white cabinets, quartz countertops, and new stainless steel appliances. Bathrooms are also new with contemporary finishes. All flooring, fixtures, and systems are new, meeting the highest quality standards with no signs of wear or deferred maintenance.
Year Built
2024
Close
-
List price
$725K
Original List price
$725K
Price/Sqft
$259
HOA
$91
Days on market
-
Sold On
-
MLS number
IV26011040
Home ConditionExcellent
Features
Good View: City Lights, Hills, Mountain(s), Neighborhood
Patio
ViewCity Lights,Hills,Mountain(s),Neighborhood

About this home

Welcome to the Visionary—the largest plan in Pathway's Cimarron Ridge community. This stylish 5-bed, 3-bath(2824 sqft) home with a spacious loft and a flexible room that works as an office, playroom, or potential 6th bedroom. A full bedroom and bath downstairs are perfect for guests or multigenerational living. Energy- smart paid-off solar and a home water softener included. The open-concept kitchen features an oversized island, white cabinets, quartz countertops, and stainless steel appliances (included), flowing into the great room. Picture windows frame rolling mountain views from the loft, the primary bed and bath. No rear neighbor for added privacy. Set on one of the neighborhoods largest lots(13,673 sqft), the backyard is entertainer-ready with room to add a pool. Additionally the backyard has drip-irrigated mini-orchard: oranges, lemons, pomegranates, pears, nectarines, peaches, plums (red & loquat/Chinese), figs (brown & green), guava, apple, avocado, grapes, persimmon, almond, walnut—plus strawberries, blueberries, cranberries, mulberries (white/red/black)—and premium rose bushes for year-round color. Plus a coup Community will soon have a new 10-acre sports park, Little League/softball field, three soccer fields, picnic pavilion, pocket parks, turf & play areas, shade trees, and a multi-purpose trail/walking path network. Minutes to Canyon Lake, Countryside Marketplace, and Town Center Marketplace. Close to 15/215 fwy.

E
ED ALEJANDRE
Listing Agent

Price History

Date
Event
Price
12/05/24
Sold
$696,000
Condition Rating
Excellent

This property was built in 2024, making it a brand new construction. The kitchen features modern white cabinets, quartz countertops, and new stainless steel appliances. Bathrooms are also new with contemporary finishes. All flooring, fixtures, and systems are new, meeting the highest quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13673, living area = 2798.
New Construction & Modern Design: Built in 2024, this 'Visionary' plan offers a stylish, open-concept kitchen with an oversized island, quartz countertops, white cabinets, and included stainless steel appliances, providing a contemporary living experience.
Spacious & Flexible Layout: As the largest plan in the community (2824 sqft), it features 5 bedrooms, 3 bathrooms, a spacious loft, and a flexible room, plus a full downstairs bedroom and bath ideal for guests or multigenerational living.
Exceptional Outdoor Living & Large Lot: Situated on one of the neighborhood's largest lots (13,673 sqft) with no rear neighbor for privacy, the backyard is entertainer-ready with space for a pool and boasts a unique, drip-irrigated mini-orchard with a wide variety of fruit trees.
Energy Efficiency & Included Upgrades: The home comes equipped with energy-smart paid-off solar panels and a home water softener, offering immediate cost savings and added convenience.
Scenic Views & Future Community Amenities: Enjoy rolling mountain, city lights, and neighborhood views from various rooms. The community will soon feature a 10-acre sports park, fields, picnic areas, and trails, enhancing lifestyle and property value.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $91.00, which is an additional recurring cost for homeowners.
Developing Community Environment: While future amenities are promising, the mention of a 'soon to have' sports park indicates ongoing construction and development within the community, which may lead to temporary noise or inconvenience for new residents.
Unfinished Backyard Development: Beyond the established orchard, the large backyard is described as 'entertainer-ready with room to add a pool,' implying significant additional investment and effort will be required by the buyer to fully landscape and develop the outdoor space.
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