
Menifee, California 92585
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $654,999—positioned well below the $673,611 Fair Market Value by 2%. This valuation gap offers $18,612 in Instant Equity. Featuring a Good Condition Rating, the home includes a Granite Kitchen, California patio room, and Mountain Views. Located in the amenity-rich Heritage Lake community, this property balances lifestyle luxury with financial stability. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27977 River Shore Court Subject | $654,999* List Price | 3 | 3 | 2,615 | $258 | - |
A 29399 Castaway Court Sold | $610,000 | 4 | 3 | 2,325 | $262 | 0.2 mi |
B 29433 Lake Hills Sold | $550,000 | 4 | 3 | 2,196 | $250 | 0.2 mi |
C 28463 Boardwalk Court Sold | $650,000 | 4 | 3 | 2,314 | $281 | 0.6 mi |
D 27937 Pleasant Bay Circle Sold | $640,000 | 4 | 3 | 2,535 | $252 | 0.4 mi |
E 28163 Lookout Point Lane Sold | $687,000 | 4 | 3 | 2,563 | $268 | 0.2 mi |
F 28012 Windjammer Court Sold | $625,000 | 3 | 3 | 2,325 | $269 | 0.1 mi |
G 29310 Falling Water Drive Active Under Contract | $635,000 List Price | 3 | 2 | 2,466 | $258 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is exceptionally well-maintained and move-in ready. It features recent cosmetic renovations including freshly painted cabinetry and newer flooring, along with upgraded dual HVAC systems. While the kitchen and bath layouts reflect the original build date, the 'turnkey' condition and pride of ownership align with the 10-20 year 'Good' criteria.
Situated in the Heritage Lake master-planned community, the property offers exclusive access to a 25-acre lake, paddleboat rentals, catch-and-release fishing, a clubhouse, and multiple swimming facilities.
The home is move-in ready with significant upgrades including a remodeled kitchen with granite countertops, dual AC systems, epoxy garage flooring, and a professionally landscaped backyard with a California patio room.
The 2,615 sqft layout features a dedicated private office with French doors and a large front flex room, providing the versatility needed for modern remote work or formal entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
For a home exceeding 2,600 square feet, the three-bedroom configuration may be perceived as a limitation for larger families who typically expect four or more bedrooms at this size.
While the home is conveniently located within walking distance to schools, the local elementary and middle schools carry relatively low academic ratings, which may concern education-focused buyers.
Welcome to the highly sought-after master-planned community of Heritage Lake! This beautifully maintained, turnkey home offers modern upgrades, a light and bright open layout, and pride of ownership throughout. As you enter the home, you are welcomed by a custom wood door that opens to a spacious front room filled with natural light from large windows — perfect as a game room, formal dining area, additional living space, or home retreat. Across from the game room is a private office featuring elegant glass French doors and beautiful built-in shelving, making it ideal for working from home or a quiet flex space. The heart of the home features an open kitchen, dining and family area designed for both everyday living and entertaining. The kitchen showcases freshly painted white cabinetry, granite countertops, stainless steel appliances, double ovens, pendant lighting, a breakfast bar, and an abundance of cabinet storage. The adjoining family room offers a warm yet modern feel with a built-in entertainment center, surround sound, a cozy fireplace with a clean white mantel, and plenty of windows bringing in natural light. Down the hallway, you’ll find generous storage space, spacious secondary bedrooms, and a large primary suite designed for comfort and relaxation. The spa-like primary bathroom includes a oversized soaking tub, double vanities, an enclosed privacy glass shower, and a large walk-in closet. Step outside to a beautifully maintained backyard built for entertaining, complete with a California patio room, surround sound, outdoor lighting, artificial grass, and drip irrigation for easy maintenance. Additional upgrades include newer flooring, upgraded window coverings, solar tubes, epoxy flooring in garage, dual AC systems, Ring doorbell with audio/video recording, mounted garage storage racks, and included: kitchen refrigerator, washer, dryer and front yard water fountain. This home truly has it all and is move-in ready! The Heritage Lake community boasts a 25-acre lake exclusively for residents, featuring catch-and-release fishing, paddleboat rentals, and scenic walking trails that wind around the lake and throughout the neighborhood. The community offers a clubhouse that hosts a variety of events and activities for residents. For recreation, there are two community pools and a splash pad designed for young children. This home is conveniently located within walking distance to Mesa View Elementary and Ethan A. Chase Middle School.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 0.5 mi
Grades 6-8 • 1.8 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 | 2,615 | 2,082 | 85% |
| Lot Size | 8,276 | 7,405 | 71% |
| Price | $655.0K | $585.0K | 78% |
| Price per sq ft | $250 | $280 | 21% |
| Built year | 2006 | 2006 | 50% |
| HOA | $76.5 | $76 | 50% |
| Days on market | 4 | 152 | 3% |
Jun 10, 2026
$654,999
Initial Listing
Jun 8, 2018
$432,500
Public Record
May 23, 2012
$247,500
Public Record
Oct 25, 2006
$458,500
Public Record