27439 Terrytown, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath
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Menifee, California 92586
This Turnkey 55+ Residence is a Strong Value Opportunity, listed at $499,900—positioned well below the $523,292 Fair Market Value by 4%. This valuation gap offers $23,392 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes extensive recent upgrades like new flooring and appliances. With a spacious 7,841 sq. ft. lot and scenic mountain views, this property provides a serene lifestyle. It is an ideal acquisition for active retirees or downsizing owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27439 Terrytown Subject | $499,900* List Price | 3 | 2 | 1,785 | $293 | - |
A 27298 Terrytown Rd Sold | $512,000 | 3 | 2 | 1,785 | $287 | 0.2 mi |
B 30276 Pebble Beach Drive Sold | $525,000 | 3 | 2 | 1,785 | $294 | 0.1 mi |
C 27563 Pinckney Sold | $499,000 | 3 | 2 | 1,550 | $322 | 0.1 mi |
D 29980 Carmel Road Sold | $385,900 | 3 | 2 | 1,618 | $239 | 0.2 mi |
E 29872 Pebble Beach Dr. Sold | $505,000 | 3 | 2 | 1,785 | $283 | 0.3 mi |
F 27067 Potomac Sold | $510,000 | 2 | 2 | 1,608 | $317 | 0.4 mi |
G 30260 Pebble Beach Active | $519,900 List Price | 3 | 2 | 1,785 | $291 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1990 (34 years old), the property has undergone a comprehensive recent refresh including new luxury vinyl plank flooring, fresh paint, and new appliances. With updated plumbing fixtures, a new water heater, and a new garage door, the home is well-maintained and move-in ready, despite some dated aesthetic elements like tile countertops and fluorescent kitchen lighting.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1785.
The property has undergone significant modernizations, including new luxury vinyl plank flooring, fresh interior paint, new appliances, and comprehensive plumbing and fixture updates, ensuring a move-in-ready experience for the buyer.
The home features beautiful mountain views and is situated on a generous 7,841 square foot lot, providing a sense of space and scenic appeal that enhances the overall value of the residence.
Located in a 55+ neighborhood, the property is limited to a specific demographic, which significantly narrows the pool of potential buyers and may impact long-term market liquidity.
The conversion of the third bedroom into a master retreat reduces the total number of dedicated sleeping rooms to two, which may be a drawback for buyers requiring a separate guest room or home office.
Welcome to a 55+ home that offers comfort, flexibility, and the opportunity to enjoy everyday living in a well-established neighborhood. Freshly updated with a long list of recent improvements, this residence blends spacious living areas with practical upgrades designed for modern convenience. Whether you're relaxing in the generous living spaces, entertaining guests, or enjoying the privacy of the backyard, this home provides a welcoming setting to make your own. Offered for the first time in many years, this thoughtfully refreshed home features approximately 1,785 square feet of living space on a 7,841 square foot lot. The current floor plan includes 2 bedrooms (extra bedroom was converted into a master retreat,) and 2 bathrooms, with a layout originally permitted for 3 bedrooms, offering flexibility for a variety of living arrangements. Recent updates include new luxury vinyl plank flooring, fresh interior paint, new baseboards, new appliances, and numerous plumbing improvements. Additional enhancements include new toilets, faucets, angle stops, washer and dryer hookups, refrigerator ice maker hookup, water heater, garage door, and garage door opener. Built in 1990, the property also features an attached approximately 513 square foot garage and a spacious lot with room to enjoy outdoor living. Conveniently located near local shopping, dining, parks, and everyday amenities, this move-in ready home presents an excellent opportunity to enjoy all that the area has to offer.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 54% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,785 | 1,404 | 82% |
| Lot Size | 7,841 | 7,405 | 67% |
| Price | $499.9K | $401.0K | 78% |
| Price per sq ft | $280 | $290 | 43% |
| Built year | 1990 | 1976 | 80% |
| HOA | $0 | $83 | 23% |
| Days on market | 5 | 137 | 3% |
Jun 2, 2026
$499,900
Initial Listing
Jun 1, 2026
$449,900
Initial Listing
Jul 1, 1990
$143,000
Public Record