27519 Terrytown Road, Menifee, California 92586, Menifee, 92586 - 3 bed, 2 bath
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Menifee, California 92586
This property presents a High-Potential Investment Opportunity with a List Price of $520,000—positioned well above the $383,352 Fair Market Value by -35%. While the pricing reflects a premium, the Poor Condition Rating and 1990s original construction offer significant value-add potential through cosmetic renovation. Featuring a large 7,405 sqft lot, unique desert landscaping, and a versatile 2/3 bedroom layout, this asset is ideal for Fix-and-Flip Investors or Contractors capable of modernizing the interior to capture long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27519 Terrytown Road Subject | $520,000* List Price | 3 | 2 | 1,550 | $247 | - |
A 27563 Pinckney Sold | $499,000 | 3 | 2 | 1,550 | $322 | 0.1 mi |
B 29980 Carmel Road Sold | $385,900 | 3 | 2 | 1,618 | $239 | 0.3 mi |
C 27067 Potomac Sold | $510,000 | 2 | 2 | 1,608 | $317 | 0.5 mi |
D 29791 Avenida De Real Sold | $530,000 | 3 | 2 | 1,458 | $364 | 0.4 mi |
E 26661 Potomac Drive Sold | $449,000 | 3 | 2 | 1,308 | $343 | 0.9 mi |
F 27228 Terrytown Pending | $449,000 List Price | 2 | 2 | 1,770 | $254 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1990 (34 years old) and appears to have mostly original finishes. Interior images show dated oak cabinetry and fixtures in the bathroom, along with worn and stained carpeting in the living areas. Based on the criteria of being over 30 years old with original systems and needing a full cosmetic rehab, it is rated as poor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1550.
The property features iconic Saguaro and Barrel cacti with low-maintenance lava rock and a tranquil patio with skylights, offering exceptional curb appeal and a serene outdoor living space.
Rare for a 55+ community, this home carries no HOA fees and potentially low property taxes, significantly reducing the long-term cost of ownership for residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 6969. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The mention of carpet covering other possible flooring suggests the interior may require updates or a uniform replacement to achieve a cohesive, modern aesthetic.
Built in 1990, the property may require investments in modern energy-efficient upgrades or system replacements to compete with newer developments in the Menifee area.
Rare Iconic Saguaro Cactus graces this SERENADE COmmunty (55+) Home with numerous large Barrel Cactus family thriving in the front and backyards, fabulous landscaped Single-Story home known for hosting lovely Tea-Parties full of laughter with warm long-lasting community friendships. CHoices of how many bedrooms to setup for here 2/3 Bedroom options. Thanks to a DOUBLE ENTRY DOOR IN 2 BEDROOMS. Created by Martha with hardwood floors throughout, now some floor space has carpet covering another possible floor. Ceramic tile entry, kitchen and lavatories area. The KITCHEN WITH ISLAND compliments the eating area, PANTRY AND PLENTY OF CABINETS. FOR THE MASTER-BEDROOM WALK-IN-CLOSET HAS DUAL-LEVELS-SHELVING FOR CONVENIENT STORAGE-ORGANIZER (SEE PICTURE). NO HOA FEES! YEAH! BUT, THESE HOMES ARE WITH THE CC&RS. POSSIBLE LOW PROPERTY TAXES. THE PATIO WITH SKYLIGHTS AND AFTERNOON SHADE FOR BLISS. WHERE CAN YOU FIND SUCH TRANQUIL-DESERT-LANDSCAPE-DREAM WITH LOW-MAINTENANCE LAVA-ROCK-COVERAGE, PALM-TREES, BARREL-CACTUS SAGUARO-CACTUS AND GREEN SHRUBS plus A FRUIT TREE IN BACKYARD
No exterior & parking available.
Grades K-5 • 1.5 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 | 1,550 | 1,404 | 68% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $520.0K | $402.5K | 82% |
| Price per sq ft | $335 | $294 | 77% |
| Built year | 1990 | 1976 | 82% |
| HOA | $0 | $67 | 24% |
| Days on market | 25 | 140 | 4% |
May 22, 2026
$520,000
Initial Listing
Jun 27, 2019
$317,000
Public Record