27946 Panorama Hills, Menifee, California 92584, Menifee, 92584 - 2 bed, 2 bath
ACTIVE$469,000$1,500/sqft
Est. Value: $461,578
-1%
FairlyEstimate
27946 Panorama Hills, Menifee, California 92584
2Beds
2Baths
1,500Sqft
6,970Lot
Price Vs. Estimate
The estimated value ($461,578.185) is $7,421.815 (1%) lower than the list price ($469,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exclusive 55+ Community: Located within 'The Oasis,' an exclusive gated 55+ community, offering a vibrant, active retired lifestyle with a strong sense of community and security.
Top Cons:
Age-Restricted Market: The 55+ community restriction significantly limits the potential buyer pool, which can impact market demand and resale flexibility compared to unrestricted properties.
Compared to the nearby listings
Price:$469.0K vs avg $621.2K ($-152,200)5%
Size:1,500 sqft vs avg 2,292 sqft13%
Price/sqft:$313 vs avg $27871%
More Insights
Built in 2004 (22 years old).
Condition: The property, built in 2004, is 20 years old and appears well-maintained and move-in ready. However, the kitchen features original honey oak cabinets, white appliances, and standard countertops, which are functional but distinctly dated in style. Similarly, the bathrooms have original builder-grade vanities and fixtures that show signs of being outdated. While there are no immediate repairs needed, the aesthetic of these key areas would likely require cosmetic updates to meet current buyer preferences, aligning it with the 'Fair' category's description of being 'aged but maintained' with 'major components functional but show signs of being outdated' and 'no major renovations since construction'.
Year Built
2004
Close
-
List price
$469K
Original List price
$469K
Price/Sqft
$313
HOA
$330
Days on market
-
Sold On
-
MLS number
SW26011224
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood
About this home
Single story with tons of privacy nestled in 'The Oasis' 55+ community. The absolutely perfect floorplan! This beautiful home has two bedrooms, two full bathrooms, a living room, a dining area PLUS breakfast nook! Never has 1500 square feet been so perfectly laid out. Enjoy the incredible amenities The Oasis has to offer while taking in breathtaking views in your very own, fully fenced, low-maintenance backyard complete with hardscape. Come be a part of this exclusive gated community and spend your time visiting, walking, playing golf, swimming, pickleball, hit the gym, or just enjoy an active, retired lifestyle. Better hurry - this one will go fast!
K
Kelly Bastman
Listing Agent
Nearby schools
3/10
Freedom Crest Elementary School
Public,•K-5•1.1mi
5/10
Hans Christensen Middle School
Public,•6-8•1.7mi
4/10
Ethan A Chase Middle School
Public,•6-8•2.1mi
2/10
Pinacate Middle School
Public,•7-8•6.0mi
4/10
Heritage High School
Public,•9-12•3.9mi
Price History
Date
Event
Price
08/28/09
Sold
$225,000
07/22/04
Sold
$247,500
Condition Rating
Fair
The property, built in 2004, is 20 years old and appears well-maintained and move-in ready. However, the kitchen features original honey oak cabinets, white appliances, and standard countertops, which are functional but distinctly dated in style. Similarly, the bathrooms have original builder-grade vanities and fixtures that show signs of being outdated. While there are no immediate repairs needed, the aesthetic of these key areas would likely require cosmetic updates to meet current buyer preferences, aligning it with the 'Fair' category's description of being 'aged but maintained' with 'major components functional but show signs of being outdated' and 'no major renovations since construction'.
Pros & Cons
Pros
Exclusive 55+ Community: Located within 'The Oasis,' an exclusive gated 55+ community, offering a vibrant, active retired lifestyle with a strong sense of community and security.
Abundant Amenities: Residents have access to a wide array of amenities including golf, swimming, pickleball, and a gym, promoting an engaging and healthy lifestyle.
Single-Story & Efficient Floorplan: The single-story design with a 'perfectly laid out' 1500 sqft floorplan (2 beds, 2 baths, living, dining, breakfast nook) offers convenience and ease of living, ideal for the target demographic.
Low-Maintenance Outdoor Space: Features a fully fenced, low-maintenance backyard with hardscape, providing privacy and reducing the burden of yard work for residents.
Scenic Views: The property boasts 'breathtaking views' of mountains and the neighborhood, enhancing its aesthetic appeal and living experience.
Cons
Age-Restricted Market: The 55+ community restriction significantly limits the potential buyer pool, which can impact market demand and resale flexibility compared to unrestricted properties.
Monthly Association Fees: A monthly association fee of $330.0 adds a recurring cost to homeownership, which may be a consideration for budget-conscious buyers.
Potential for Dated Interiors: Built in 2004, the property may feature original finishes that, while well-maintained, could require modernization to meet contemporary buyer preferences.