
Menifee, California 92585
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $664,999—positioned well above the $545,031 Fair Market Value. While the property requires a strategic approach due to the Fair Condition Rating and discrepancies in bedroom counts, the 2,525 sqft layout and 8,276 sqft lot provide significant value-add potential. With a low $57 HOA fee and proximity to local schools, this asset offers a functional foundation for those willing to address interior updates. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27742 Hollyoak Subject | $664,999* List Price | 3 | 3 | 2,525 | $216 | - |
A 28418 Saddlecrest Street Sold | $575,000 | 4 | 3 | 2,525 | $228 | 0.1 mi |
B 28012 Windjammer Court Sold | $625,000 | 3 | 3 | 2,325 | $269 | 0.8 mi |
C 28163 Lookout Point Lane Sold | $687,000 | 4 | 3 | 2,563 | $268 | 0.9 mi |
D 29131 Light Sails Court Sold | $599,990 | 4 | 3 | 2,407 | $249 | 0.7 mi |
E 27073 N Bay Lane Active | $649,999 List Price | 5 | 3 | 2,437 | $267 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it just into the 'Fair' category based on age. While the exterior appears well-maintained with modern additions like solar panels and artificial turf, the interior kitchen, bathrooms, and primary systems are likely original and reaching the 20-year mark where updates and minor repairs are typically needed.
With 2,525 square feet of living space on a generous 8,276 square foot lot, this property offers significant room for families and ample private outdoor space for entertaining.
Built in 2005, the home benefits from relatively modern building standards and features a very low monthly association fee of $57, keeping carrying costs affordable.
The interior features a seamless flow between the well-appointed kitchen and spacious living areas, making it an ideal environment for hosting guests and daily family life.
There is a notable mismatch between the listing description (4 beds/3 baths) and official property records (3 beds/2.5 baths), which may complicate financing or indicate unpermitted additions.
The local schools assigned to this address have modest ratings (ranging from 2 to 4), which could be a drawback for families prioritizing high-performing educational districts.
Welcome to Menefee !!! This home offers 4 bedrooms and 3 bathrooms. A MUST SEE HOME !!!. Perfect for first time homebuyers or investment. Property records show 3 bedrooms and 2 1/2 bathrooms. The spacious living area flows seamlessly into a well-appointed kitchen, perfect for entertaining. Enjoy comfortable bedrooms and a private outdoor space ideal for relaxing or hosting guests.
No exterior & parking available.
Grades 6-8 • 1.3 mi
Grades 7-8 • 5.2 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,525 | 2,082 | 80% |
| Lot Size | 8,276 | 7,405 | 71% |
| Price | $665.0K | $585.0K | 80% |
| Price per sq ft | $263 | $280 | 31% |
| Built year | 2005 | 2006 | 43% |
| HOA | $57.0 | $76 | 30% |
| Days on market | 38 | 152 | 5% |
May 10, 2026
$664,999
Initial Listing
May 7, 2026
$665,000
Initial Listing
Sep 16, 2022
$560,000
Public Record
Jun 24, 2010
$188,000
Public Record
Mar 31, 2010
$164,000
Public Record
Oct 4, 2005
$329,000
Public Record