27946 Panorama Hills Drive, Menifee, California 92584, Menifee, 92584 - 2 bed, 2 bath

27946 Panorama Hills Drive, Menifee, California 92584 home-pic-0
ACTIVE$484,000
27946 Panorama Hills Drive, Menifee, California 92584
2Beds
2Baths
1,500Sqft
6,970Lot
Year Built
2004
Close
-
List price
$484K
Original List price
$484K
Price/Sqft
$323
HOA
$330
Days on market
-
Sold On
-
MLS number
SW25255231
Home ConditionGood
Features
Good View: Hills
Patio
ViewHills

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $484.0K(4th), sqft - 1500(10th), beds - 2(10th), baths - 2(37th).

Welcome to resort-style living in the heart of Menifee! This Beautifully Upgraded 2-bedroom, 2-bath home is nestled in one of the area’s most desirable 55+ gated communities, offering comfort, privacy, and an active social lifestyle — AND the SELLER WILL PAY FOR A 2/1 interest buy down or $10k in Buyer's closing costs! This home has been impecably maintained, with upgraded flooring and features throughout. Enjoy peaceful mornings and breathtaking views of the surrounding hills from your private lot, perfectly situated for tranquility and relaxation. The open-concept layout is ideal for easy living, with single-level convenience and abundant natural light throughout. This vibrant community features a wide range of amenities and activities — from fitness classes and swimming to tennis, social clubs, and organized monthly events. Whether you prefer a quiet walk, a friendly match, or connecting with neighbors, there’s always something to enjoy. Located close to freeway access, you’re just minutes from shopping, dining, and everything Menifee has to offer — with the comfort of secure, gated living. Come see why so many are choosing to call this active 55+ community, THE OASIS, home. Experience the perfect balance of privacy, connection, and comfort in this move-in-ready gem.

Nearby schools

3/10
Freedom Crest Elementary School
Public,K-51.1mi
5/10
Hans Christensen Middle School
Public,6-81.7mi
4/10
Ethan A Chase Middle School
Public,6-82.1mi
2/10
Pinacate Middle School
Public,7-86.0mi
4/10
Heritage High School
Public,9-123.9mi

Price History

Date
Event
Price
11/06/25
Listing
$484,000
08/28/09
Sold
$225,000
07/22/04
Sold
$247,500
Condition Rating
Good

Built in 2004, this home is 20 years old and aligns with the 'Good' category's age range. The listing describes it as 'impeccably maintained' and a 'move-in-ready gem,' which is supported by the images showing a clean and functional property. While the kitchen features white appliances, light wood cabinets, and laminate/solid surface countertops, and the bathrooms have similar dated cabinetry and fixtures, they appear to be in good condition with no immediate need for repair. The property benefits from upgraded hardwood flooring in the main living areas and master bedroom. Overall, it's well-kept and functional, though the kitchen and bathroom styles are not contemporary and would likely be considered for cosmetic updates by a new owner, rather than essential renovations.
Pros & Cons

Pros

55+ Gated Community & Lifestyle: Nestled in 'The Oasis,' a desirable 55+ gated community offering comfort, privacy, and an active social lifestyle with extensive amenities including fitness, swimming, tennis, and social clubs.
Seller Financial Incentives: The seller is offering a significant financial incentive with a 2/1 interest rate buy-down or $10,000 towards buyer's closing costs, enhancing affordability.
Upgraded & Move-in Ready Condition: The home is beautifully upgraded and impeccably maintained with upgraded flooring and features throughout, presenting a move-in ready opportunity.
Scenic Views & Tranquil Setting: Enjoy breathtaking views of the surrounding hills from a private lot, perfectly situated for tranquility and relaxation.
Convenient & Accessible Location: Located close to freeway access, providing easy reach to shopping, dining, and other Menifee amenities.

Cons

Age-Restricted Community: The property is located within a 55+ community, which significantly limits the potential buyer pool and may impact future resale value to a broader market.
Monthly Association Fees: A monthly association fee of $330 adds to the recurring cost of homeownership, which buyers must factor into their budget.
Estimation Value Discrepancy: The current listing price of $484,000 is higher than the estimated property value of $455,726.69, potentially indicating an overvaluation or requiring justification for the premium.

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