
Menifee, California 92585
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $500,000—positioned above the $475,369 Fair Market Value. While priced slightly above current estimates, the property features a Condition Rating of 2, reflecting comprehensive recent renovations including a new roof, fresh paint, and modern tile flooring. The expansive 7,405 sqft lot provides rare RV parking and significant outdoor utility. This move-in ready home offers a stable, low-maintenance lifestyle, making it an ideal acquisition for first-time buyers or owner-occupants seeking a modernized, functional living space in Menifee.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27931 Adams Subject | $500,000* List Price | 3 | 2 | 1,136 | $418 | - |
A 28455 Red Apple Road Sold | $520,000 | 3 | 2 | 1,586 | $328 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1957, the property has undergone a recent comprehensive renovation (less than 5 years ago) including a new roof, new tile flooring throughout, fresh interior/exterior paint, and modernized bathrooms with contemporary tile and glass enclosures. It is in move-in ready, mint condition.
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 = 1136.
The property has undergone significant updates including a brand-new roof, fresh interior and exterior paint, and new tile flooring throughout, providing a move-in-ready experience for buyers.
The 7,405 sqft lot offers ample space for outdoor gatherings and includes dedicated RV parking, a highly sought-after feature in the Menifee area for homeowners with recreational vehicles.
The property has been active for 129 days with multiple price fluctuations, which may lead potential buyers to question the pricing strategy or underlying market demand.
Built in 1957, the home's smaller 1,136 sqft footprint and older infrastructure may lack the energy efficiency and modern open-concept layouts found in newer Menifee developments.
Welcome to 27931 Adams Av, Property has been remodel new title flooring, new roof and interior and exterior painted. House Feature: 3 Bedrooms 2 Bathrooms on 1,136 sqft spacious front and back yard, RV parking. The Lot offers ample of space for gatherings or celebrations, New flooring tile thru all rooms and living room, Don't miss out on this opportunity to own this Property. photos will be updated soon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,136 | 2,007 |
| Lot Size | 7,405 | 7,405 |
| Price | $500.0K | $585.6K |
| Price per sq ft | $440 | $286 |
| Built year | 1957 | 2005 |
| HOA | $0 | $93 |
| Days on market | 138 | 60 |
Jul 13, 2026
$500,000
$475,000
+5% Price Increase
Initial Listing
Jun 5, 2026
$475,000
$480,000
-1% Price Drop
Initial Listing
Apr 15, 2026
$480,000
$500,000
-4% Price Drop
Initial Listing
Mar 21, 2026
$500,000
$524,999
-5% Price Drop
Initial Listing
Mar 9, 2026
$524,999
Initial Listing
Mar 6, 2026
$324,999
Initial Listing
Nov 16, 2022
$380,000
Public Record
Mar 7, 2019
$255,000
Public Record
Jun 4, 2018
$1,500
Public Record