
Menifee, California 92585
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well above the $327,537 Fair Market Value by -17%. Featuring a Condition Rating of 5, the home requires a full rehab to modernize its dated interior. The large detached workshop provides significant value-add potential for hobbyists or storage needs. Located near Hans Christensen Middle School, this asset offers a functional layout for those willing to undertake renovations. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27800 Hillpointe Subject | $385,000* List Price | 2 | 1 | 865 | $379 | - |
A 27708 Grand Avenue Sold | $414,900 | 2 | 1 | 865 | $480 | 0.2 mi |
B 27672 Calle Haberio Sold | $335,000 | 2 | 2 | 1,065 | $315 | 0.4 mi |
C 28285 Calle Lustrosos Sold | $355,000 | 2 | 2 | 1,116 | $318 | 0.5 mi |
D 28099 Calle Casera Active Under Contract | $369,900 List Price | 2 | 2 | 1,065 | $347 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1988 (36 years old), placing it in the >30y category. Images reveal original dated features such as popcorn ceilings, older carpeting, and mirrored sliders. With no documented updates to the kitchen, baths, or major systems, the home likely requires a full rehab to meet modern standards.
The inclusion of a large detached workshop with electricity provides significant added value for hobbyists, contractors, or those needing substantial extra storage space.
Priced at $385,000, this property offers a highly accessible entry point into the Southern California market, making it an ideal opportunity for first-time buyers or investors.
The home is located less than half a mile from Hans Christensen Middle School, offering exceptional convenience for families and supporting local property demand.
At just 865 square feet, the compact interior may feel restrictive for many buyers and limits the home's functionality for growing families.
The 2-bedroom, 1-bathroom layout can be a significant drawback for daily convenience and may negatively impact the property's competitive edge during resale.
Welcome to 27800 Hillpointe Dr. in Menifee! This 2-bedroom, 1-bath home features central heat and air, an attached 2-car garage with laundry hookups, and a large detached workshop with electricity—ideal for hobbies, storage, or a workspace. A great opportunity for first-time buyers, downsizers, or investors! *Listing agent will not represent any buyer in this transaction under any circumstances.*
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 0.4 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 865 | 2,007 |
| Lot Size | 5,663 | 7,405 |
| Price | $385.0K | $585.6K |
| Price per sq ft | $445 | $286 |
| Built year | 1988 | 2005 |
| HOA | $93.0 | $93 |
| Days on market | 6 | 60 |
Jul 17, 2026
$385,000
Initial Listing
Apr 18, 2013
$136,000
Public Record