27260 Paloma, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath

27260 Paloma
Menifee, California 92586
Property Price
SUMMARY
Analysis of 27260 Paloma, Menifee, California 92586 reveals a property with a current list price of $569,000, which is 17% above the estimated $485,389 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 27260 Paloma Subject | $569,000* List Price | 3 | 2 | 1,431 | $339 | - |
A 26653 Jaelene Sold | $425,000 | 2 | 2 | 1,367 | $311 | 1.0 mi |
B 28960 Olympia Sold | $429,000 | 2 | 2 | 1,404 | $306 | 1.0 mi |
C 26644 26644 Oakmont Sold | $420,000 | 2 | 2 | 1,460 | $288 | 0.9 mi |
D 27419 Embassy Street Sold | $455,000 | 3 | 2 | 1,393 | $327 | 0.8 mi |
E 28731 Thornhill Sold | $430,000 | 2 | 2 | 1,404 | $306 | 0.9 mi |
F 28381 Corte Magdalena Sold | $430,000 | 2 | 2 | 1,077 | $399 | 0.3 mi |
G 28751 Olympia Way Active | $435,000 List Price | 3 | 2 | 1,500 | $290 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1971, the property has undergone extensive recent renovations that meet modern quality standards. Key updates include a fully remodeled kitchen with quartzite countertops and Yorktowne cabinetry, updated bathrooms with marble surrounds, and the replacement of major systems including a newer roof, 3-ton HVAC, dual-pane windows, and 28 paid solar panels. The interior features high-quality porcelain and wood-look tile flooring, making it completely move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 11326, living area = 1431.
- Energy Efficiency & Low Carry Costs
The property features 28 fully paid solar panels, no HOA fees, and low property taxes, providing substantial long-term financial savings for the homeowner.
- Exceptional Lot & RV Amenities
Boasting a massive 11,326 sqft lot, the home includes a dedicated 15’ x 45’ gated RV parking area and significant space for a future ADU, pool, or workshop.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Originally built in 1971, the home may have some architectural limitations or older infrastructure compared to the many newer construction options available in the Menifee area.
- Lack of Scenic Views
The listing indicates no specific views, which might be a drawback for buyers seeking the panoramic mountain or valley vistas common in Southwest Riverside County.
About 27260 Paloma
This Menifee single-story home is sure to please! If you’ve been searching for a property with no HOA, low taxes, RV parking, a huge lot, paid solar, and move-in ready condition, this may be the one. There are so many perks here—where do I start? As you drive up the quiet cul-de-sac, you’ll immediately notice the low-maintenance front yard, the extra-long driveway with room for four cars, and the easy-access double vinyl gate leading to the massive RV parking area. And those solar panels on the roof? All 28 of them are fully paid for. Step inside and you’ll find the home just as welcoming as the exterior. Neutral porcelain tile runs through the entry, halls, kitchen, and dining area, complemented by upgraded baseboards. The remodeled kitchen features beautiful quartzite countertops, soft-close Yorktowne cabinetry, a newer Kohler sink, and GE appliances. The kitchen opens to a spacious dining area with a cozy fireplace and sliding glass door leading to the backyard. The living room offers plenty of space to relax and enjoy sunset views from the front window. Down the hall are two guest bedrooms, both with ceiling fans, with one featuring wood-look tile flooring. The guest bathroom has been updated with newer paint and a marble bath/shower surround. The primary suite is generously sized and includes a ceiling fan, large vanity area with sit-down space, and a beautifully remodeled marble shower. The garage is extra deep and features a built-in workbench and workstation, along with a laundry area and convenient drop-down attic access for additional storage. Need even more space? Behind the impressive 15’ x 45’ RV parking area you’ll find a large storage shed or “she shed” complete with lighting. The backyard is incredibly spacious and offers endless possibilities — there’s still plenty of room to add a pool, spa, or even an ADU. The yard features a patio, BBQ area, gardening shed, lawn space, and a large concrete pad that could accommodate an above-ground pool, spa, or even a basketball court. Additional upgrades include a newer roof, dual-pane windows, fresh exterior paint, rain gutters, and a newer 3-ton HVAC system. Conveniently located near the 215 freeway, the hospital, grocery stores, restaurants, and a large park just down the street. Plus, you’re within about a 30-minute drive to Diamond Valley Lake, Temecula Wine Country, Lake Perris, and Lake Elsinore, making it easy to enjoy everything Southwest Riverside County has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 11,326 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,431 | 1,404 | 56% |
| Lot Size | 11,326 | 7,405 | 98% |
| Price | $569.0K | $405.0K | 88% |
| Price per sq ft | $398 | $288 | 91% |
| Built year | 1971 | 1976 | 43% |
| HOA | $0 | $94 | 25% |
| Days on market | 2 | 171 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$569,000
Initial Listing
Sold
Oct 29, 1999
$120,000
Public Record


























































