27622 Ethan Allen Way, Menifee, California 92585, Menifee, 92585 - 4 bed, 3 bath
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Menifee, California 92585
This Spacious 4-Bedroom Pool Home is a Strong Value Opportunity, listed at $625,000—positioned well below the $631,276 Fair Market Value by 1%. This valuation gap offers $6,276 in Instant Equity. With a Fair Condition Rating, the property features a Private Pool and Spa and a versatile floor plan with a downstairs bedroom. While cosmetic updates are required, the solid bones and proximity to Hans Christensen Middle School make this an ideal acquisition for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27622 Ethan Allen Way Subject | $625,000* List Price | 4 | 3 | 2,447 | $258 | - |
A 27615 Chatham Sold | $620,000 | 4 | 3 | 2,209 | $281 | 0.0 mi |
B 27727 Hollyoak Sold | $555,000 | 4 | 2 | 1,999 | $278 | 0.6 mi |
C 28179 Evening Star Sold | $620,000 | 4 | 2 | 2,230 | $278 | 0.6 mi |
D 28263 Evening Star Dr Sold | $620,000 | 4 | 2 | 1,982 | $313 | 0.7 mi |
E 27541 Vanilla Court Sold | $620,000 | 5 | 3 | 2,432 | $255 | 0.7 mi |
F 27742 Hollyoak Active | $664,999 List Price | 3 | 3 | 2,525 | $263 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 24-year-old home is in original condition and exceeds the 20-year threshold for 'Good.' The kitchen features dated oak cabinetry and white appliances, while the bathrooms show builder-grade finishes. The listing explicitly mentions the need for TLC and cosmetic updates, confirming it requires modernization despite having 'solid bones.'
The property features a private in-ground pool and spa on a desirable corner lot, providing a premium outdoor space for relaxation and entertaining.
The 2,447 sqft layout includes a highly sought-after downstairs bedroom and full bathroom, making it ideal for guests or multi-generational living.
Situated in an established neighborhood, the home offers excellent proximity to schools, parks, shopping, and medical facilities with easy commuter access.
The home is noted to need TLC and cosmetic updating, which will require an additional investment of time and capital from the buyer.
While conveniently located near schools, several assigned institutions have lower performance ratings, which may be a consideration for education-focused families.
Opportunity awaits with this spacious 4-bedroom, 3-bathroom pool home offering approximately 2,447 square feet of living space on a desirable corner lot in one of Menifee's established neighborhoods. The versatile floor plan features a convenient downstairs bedroom and full bath, separate living and family rooms, a cozy fireplace, and open kitchen to family room. Step outside to enjoy your private backyard with an in-ground pool and spa—perfect for relaxing or entertaining. While the home could benefit from a little TLC and cosmetic updating, it offers solid bones, an excellent layout, and tremendous potential for buyers looking to add their own personal touches. Conveniently located near schools, parks, shopping, dining, hospitals and commuter access, this is a fantastic opportunity to create your dream home in a highly desirable Menifee location.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 0.4 mi
Grades 7-8 • 4.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,447 | 2,007 |
| Lot Size | 7,405 | 7,405 |
| Price | $625.0K | $585.6K |
| Price per sq ft | $255 | $286 |
| Built year | 2000 | 2005 |
| HOA | $0 | $93 |
| Days on market | 8 | 60 |
Jul 14, 2026
$625,000
Initial Listing
May 31, 2007
$340,000
Public Record
May 6, 2005
$440,000
Public Record
Jul 30, 2004
$403,000
Public Record
Jun 28, 2001
$194,500
Public Record