27660 Palomar Road, Menifee, California 92585, Menifee, 92585 - 4 bed, 2 bath
ACTIVE$489,000
27660 Palomar Road, Menifee, California 92585
4Beds
2Baths
1,408Sqft
7,841Lot
Year Built
1987
Close
-
List price
$489K
Original List price
$489K
Price/Sqft
$347
HOA
-
Days on market
-
Sold On
-
MLS number
SW25056589
Home ConditionFair
Features
Excellent View: City Lights, Hills, Mountain(s)
Deck
ViewCity Lights,Hills,Mountain(s)
About this home
Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,6 Pros. Rank: price - $489.0K(13th), sqft - 1408(16th), beds - 4(50th), baths - 2(42th).
Views, VIEWS and MORE VIEWS and bring your TOYS! If you like country - you will definitely want to come see this three story home in the hills off McCall canyon! One SUPER sized bedroom (master) and another LARGE Bedroom are Upstairs with One Full Bathroom down the hall. The Open Concept Family Room & Kitchen are on the Middle. Two bedrooms and a storage area are on the bottom level. WAY Awesome Balconys off the front and back of the house. Plenty of Parking for your Cars & Toys. Definitely a cool and unique property that you will want to see!
Condition Rating
Fair
Built in 1987, the property is 37 years old. While the kitchen has been partially updated with modern cabinets, granite countertops, wood-look tile flooring, and recessed lighting, the white appliances appear older. The main living areas also feature updated flooring and mini-split AC units. However, the bathroom appears largely original and outdated, requiring renovation. The home is maintained but shows its age in key areas, fitting the 'fair' category of requiring minor updates.
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 = 7841, living area = 1408.
Exceptional Views: The property boasts 'Views, VIEWS and MORE VIEWS' including City Lights, Hills, and Mountains, offering a highly desirable aesthetic and potential value add.
Unique Multi-Story Layout: The three-story design with an open-concept middle level and distinct bedroom zones (master/large bedroom upstairs, two bedrooms downstairs) provides a unique and flexible living arrangement.
Ample Parking & Storage: The property offers 'Plenty of Parking for your Cars & Toys,' catering to buyers with recreational vehicles, multiple cars, or those needing extra storage space.
Outdoor Living Spaces: Featuring 'WAY Awesome Balconys off the front and back of the house,' the home provides excellent opportunities for outdoor enjoyment and taking in the views.
Desirable Country Setting: Located in the hills off McCall Canyon, this property offers a sought-after country atmosphere, appealing to buyers looking for tranquility and a rural feel.
Cons
Significant Overpricing: The current listing price of $489,000 is 26% higher than the estimated property value of $360,902.92, which may hinder buyer interest and prolong market time.
Age of Property: Built in 1987, the home is 37 years old, suggesting that some systems, appliances, or finishes may be original and could require updates or maintenance in the near future.
Bathroom-to-Bedroom Ratio: With 4 bedrooms and only 2 bathrooms, the property has a lower bathroom count relative to its size, which could be a functional limitation for larger families or when hosting guests.